Additional Three Drill Holes Intersect Visual Copper Mineralization Including Veins of Massive Copper Sulphides at Stars Project in Central BC
Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
January 23rd, 2018
Additional Three Drill Holes Intersect Visual Copper Mineralization Including Veins
of Massive Copper Sulphides at Stars Project in Central BC
ML Gold Corp. (TSX-V: MLG) (“ML Gold” or the “Company”) is pleased to report it has
intersected three long intervals with visible co pper sulphide in the seco nd, third, and fourth
drill holes at its ongoing program at the Stars Project near the Huckleberry Mine in central
BC. Significantly, drill hole four, collared 150 metres to the southeast from drill hole one,
and drilling east, has intersected a 300 metre interval, from 25.2 to 325.2 metres depth,
with visible chal copyrite as veins and dissemination s including massive chalcopyrite
mineralization.
Highlights from drilling:
All mineralization encountered to date begins at or close to surface, hidden by a thin
layer of glacial till (average 20-25 metres).
Multiple events of copper mineralization have been observed, evident from cross-
cutting relationships of chalcopyrite rich veins.
Copper mineralization is hosted within volcanics and intrusive rocks with an apparent
spatial association to various phases of porphyritic and apalitic dykes.
Visually identified mineralization in the first four drill holes is comprised
predominately of chalcopyrite with little pyrite.
Chlorite-sericite-muscovite alteration associated with chalco pyrite rich quartz veins,
possibly indicates current dr i l l i n g i s w i t h i n a z o n e a b o v e o r b e s i d e h i g h e r
temperature potassic core.
DD18SS004 enters bedrock at 21.3 metres within mineralized volcanics and transitions into
mineralized monzodiorite to granodiorite intrusive rock of the Bulkley Intrusive Complex
(BIC), similar to the host rock at the Huck leberry Mine. Visible co pper mineralization is
observed throughout the interval to a depth of 325.2 meters. The hole then remains within
the intrusive rock to the bottom of the hole at 367.9 metres.
DD18SS003 entered bedrock at a depth of 23.4 metres. Downhole, copper sulphide
mineralization occurs in vein s and as disseminations and bl ebs of chalcopyrite. Visible
mineralization occurs throughout the interval to a depth of 254.8 metres. The hole remains
within intrusive rock to a total depth of 438 metres.
DD17SS002 entered bedrock at a depth of 24.1 metres with visible copper oxide
mineralization at surface. Downhole, copper sulphide mineralization occurs in veins ranging
in size from 0.1 to 15 centimetres (cm) and as disseminations of ch alcopyrite and less
bornite. Visible minerali zation occurs throughout the interval to a depth of 300.8 metres.
The hole remains in intrusive rock to a total depth of 363.3 meters.
Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
Adrian Smith, President of ML Gold commented “We are extremely plea sed with first four
holes of the program. Hole four is the most impressive hole to date and there is no
indication we have drilled within the best zone of this porphyry system yet.”
True widths of the mineralized zones intersec ted are unknown at this time. Core is being
processed and assays will be reported as soon as possible.
For greater information on this project and to view maps, sections, an d additional pictures
from the drill holes, please visit the Company’s website or follow the URL:
http://www.mlgoldcorp.com/index.php/projects/stars-property
Qualified Person
Adrian Smith, P.Geo., is the qualified person for the Company as that term is defined in
National Instrument 43-101, and has supervised the technical information presented within
this news release.
ABOUT ML GOLD CORP.
ML Gold Corp. is a Canadian company listed on the TSX Venture Exchange, focused on
creating shareholder value through discoveri es and strategic deve lopment of mineral
properties in Canada and the United States.
For additional information please visit the Company’s website at www.mlgoldcorp.com. You
may also email [email protected] or call investor relations at (604) 669-2279.
ML GOLD CORP.
“Andrew Bowering”
Andrew Bowering
Chairman
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“expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward‐looking statements or information.
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Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
to mineral properties or infrastructure, currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and
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Figure 1: Blebby chalcopyrite with quartz hole 4 at Stars Property (25.3metres)
Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
Figure 2: Massive chalcopyrite (copper) with quartz vein in hole 4 at Stars
Property (64.9metres)
Figure 3: Massive Chalcopyrite with quartz in hole 4 at Stars Property
(115.8metres)
Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
Figure 4: Chalcopyrite in quartz vein in hole 4 at Stars Property (315.2meters)