ML Gold Files Technical Report on SEDAR
Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
May 15, 2018
ML Gold Files Technical Report on SEDAR
ML Gold Corp. (TSX-V: MLG; FSE: X0VN.F) (“ML Gold” or the “Company”) is pleased
to announce the filing on SEDAR of a technical report supporting its maiden resources
estimate for its 100% owned Palmetto Gold Project originally announced October 2, 2017.
The Technical Re port is entitled “Palmetto Resource Estimation and Tec hnical Report”
effective April 26, 2018 (the “Technical Report”). The Technical Report was authored by an
independent Qualified Person as defined by National Instrument 43 -101 Standards of
Disclosure.
The Report is available on SEDAR under the Company’s profile and is also available on the
Company’s web site www.mlgoldcorp.com.
Highlights from the report:
Total maiden inferred resource of 353,435 AuEq ounces.
10.1 million tonnes grading 0.95 g/t Au, and 7.29 g/t Ag (1.05 g/t Au Eq) containing
310,000 ounces of gold, an d 2.4 million ounces of silver for a total of 342,000 AuEq
ounces in a pit constrained shell.
Beneath the pit constrained resource, there is an initial underground inferred
resource, completely open to depth and along strike, at 3.6 g/t Au and 10.8 g/t Ag
(3.74 g/t AuEq) for an additional 11,753 AuEq ounces.
The deposit remains open at depth and along strike and in both directions.
Adrian Smith, President of ML Gold comments “ The Palmetto project remains open with
significant potential to greatly expand the resource. Almost all the gold identified on the
property occurs under cover where all drilling to date has only tested a very small area.”
ML Gold Corp. has an option to acquire a 100% right, title and interest to the Palmetto Gold
Project (see news release dated October 18, 2016). The Palmetto Project is located in
Esmeralda County, Nevada, within the southern portion of the Walker Lane Gold Trend.
Adrian Smith, P.Geo., is the qualified person for the Company as that term is defined in the
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 listed Company, focused on creating shareholder value through
discoveries and strategic development of mineral properties in Canada and the United
States.
Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
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.
“Adrian Smith”
Adrian Smith
President
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.
This news release may contain certain “Forward -Looking Statements” within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and applicable Canad ian
securities laws. When or if used in this news release, the words “anticipate”, “believe”,
“estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or
expressions identify forward -looking statements or information. These forward-looking
statements or information may relate to future prices of commodities, accuracy of mineral
or resource exploration activity, reserves or resources, regulatory or government
requirements or approvals, the reliability of third party informatio n, continued access to
mineral properties or infrastructure, currency risks including the exchange rate of US$ for
CDN$, changes in exploration costs and government royalties or taxes in Canada, the
United States or other jurisdictions and other factors o r information. Such statements
represent the Company’s current views with respect to future events and are necessarily
based upon a number of assumptions and estimates that, while considered reasonable by
the Company, are inherently subject to significant business, economic, competitive, political
and social risks, contingencies and uncertainties. Many factors, both known and unknown,
could cause results, performance or achievements to be materially different from the
results, performance or achievements th at are or may be expressed or implied by such
forward-looking statements. The Company does not intend, and does not assume any
obligation, to update these forward -looking statements or information to reflect changes in
assumptions or changes in circumstanc es or any other events affections such statements
and information other than as required by applicable laws, rules and regulations.