Lake Winn Drills 8 Holes, Phase 1 Drill Program at Cloud Project, Flin Flon Gold Belt, Manitoba.
1100-1111 Melville Street
Vancouver, BC
V6E 3V6
Lake Winn Drills 8 Holes, Phase 1 Drill Program at Cloud Project, Flin Flon Gold
Belt, Manitoba.
February 9, 2020 - Vancouver, British Columbia – Lake Winn Resources
Corp. (“Lake Winn” or the “Company”) (TSXV:LWR) (OTC:EQTXF) is pleased to
announce it has drilled 8 holes, 1683 meter drill program on the Cloud project, in the
Flin Flon Gold Belt, Manitoba. Samples for the holes have been sent to the laboratory
and the company is waiting for assays.
After completing two holes prior to Christmas, the crew returned to the property early
January where six more holes were completed.
The holes were initiated to test the Bachnick gold showing and to test the Resistivity
and IP targets. Quartz veins with sulphides were encountered in most of the holes.
Zones of silicification and zones containing disseminated sulphides were
also encountered which most likely explain the resistivity and IP anomalies. Table one
gives the drilling details of each hole.
Table 1. NQ sized drill hole location and orientation
Drill hole Easting Northing Depth Dip Bearing
CP-2020-01 342400 6083550 200 -50 345
CP-2020-02 342660 6083530 206 -50 345
CP-2021-01 342730 6083636 209 -50 345
CP-2021-02 342300 6083470 200 -50 345
CP-2021-03 342485 6083525 230 -50 345
CP-2021-04 342640 6083525 209 -50 165
CP-2021-05 342850 6083650 209 -45 285
CP-2021-06 342100 6083600 200 -50 200
Total 1663 meters
Qualified Person
The Qualified Person for this news release is Buddy Doyle, AUSIMM, a Geologist with
over 30 years’ experience in mineral exploration, discovery, and evaluation. A Qualified
Person under the provisions of National Instrument 43-101.
About Lake Winn
Lake Winn Resources Corp., is a Vancouver based gold company, listed on the TSX
Venture Exchange (Symbol: LWR) focusing on exploration and development of gold
projects in Canada. The company’s flagship property, the Cloud Project is in the
province of Manitoba, in the Flin Flon Gold Belt approximately 40 kilometers north‐east
of the town of Flin‐Flon. Access to the property is provided by Manitoba highway 10 to
the all‐weather Kississing Lake Road. The company also has the Quartz property 76
kilometres east of Flin Flon where there are historic gold drill intercepts.
On Behalf of the Board of Directors of Lake Winn Resources Corp.
Patrick Power, President & CEO
+1 (604) 218-8772
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Statement Regarding “Forward-Looking” Information
Certain statements contained in this press release may constitute forward-looking
statements. Such forward-looking statements are based upon the Company’s
reasonable expectations at the date hereof, which are subject to change depending on
economic, political and competitive circumstances and contingencies. Readers are
cautioned that such forward looking statements involve known and unknown risks,
uncertainties and other factors that may cause a change in such assumptions and the
actual outcomes and estimates to be materially different from those estimated or
anticipated future results, achievements or position expressed or implied by those
forward-looking statements. Risks, uncertainties and other factors that could cause the
Company’s plans or prospects to change include changes or disruptions in the
securities markets; legislative, political or economic developments. The Company
disclaims any intention or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise. This news release
does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
described in this news release in the United States. Such securities have not been, and
will not be, registered under the United States Securities Act of 1933, as amended (the
“U.S. Securities Act“), or any state securities laws, and, accordingly, may not be
offered or sold within the United States, or to or for the account or benefit of persons in
the United States or “U.S. Persons”, as such term is defined in Regulation S
promulgated under the U.S. Securities Act, unless registered under the U.S. Securities
Act and applicable state securities laws or pursuant to an exemption from such
registration requirements.