Lake Winn Receives Results from Drone Based Magnetic Survey
LAKE WINN RECEIVES RESULTS FROM DRONE BASED MAGNETIC SURVEY
December 3, 2020 - Vancouver, British Columbia – Lake Winn Resources
Corp. (“Lake Winn” or the “Company”) (TSXV:LWR) (OTC:EQTXF) is pleased to
announce that it has received the final data from the drone based airborne magnetic
survey regarding the Cloud project in the Flin Flon gold belt, Manitoba.
The survey was flown by Stratus Aeronautics Inc. based out of Burnaby BC. The survey
was flown at 50m line spacings on a north-south grid. The work is designed to assist in
the understanding of the geology of the Cloud project.
The magnetic data has immediately shown to map the mafic meta-volcanics that host
320m by 50m Bachnick gold zone and also demonstrates that this geology continues to
the west under cover for an additional 1km. This unit, a “greenstone” is thought to host
the gold mineralization and this will be the prime target for drill testing which
commences next week. The parallel and adjacent IP and Resistivity anomalies will also
be tested by drilling. Figure 1 depicts this data. Interpretation of the magnetic data will
continue with a focusing on mapping structures.
Figure 1: Airborne total magnetic intensity image of the Cloud Project
Naosap Lake
KississingLake Rd
LEGEND
IP anomaly
Resistivity High
Zoom in area above
within the blue box
Drone base magnetometer survey
Image of total magnetic Intensity on the
left. Zooming into the Bachnick gold
zone on the right.
The host mafic volcanics are mapped by
the survey and they continue for a
kilometer west under cover.
Drone Based Magnetic survey guides drill planning
KississingLake Rd
Bachnick Gold Zone
Historic drill holes
40nT Contours
Qualified Person
The Qualified Person for this news release is Buddy Doyle, AUSIMM, a Geologist of
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 is currently preparing for diamond
drilling.
On Behalf of the Board of Directors of Lake Winn Resources Corp.
Patrick Power, President & CEO
+1 (604) 218-8772
https://www.lakewinnresources.com
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