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McFarlane Lake Mining

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McFarlane Lake Mining Limited is a publicly traded Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located near Gowganda, Ontario, within the Abitibi Greenstone Belt.

Investor website: https://mcfarlanelakemining.com/

About

McFarlane Lake Mining Limited is a publicly traded Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located near Gowganda, Ontario, within the Abitibi Greenstone Belt. The Juby Project hosts a current NI 43-101 compliant Mineral Resource Estimate of 1.14 million ounces of gold in the Indicated category and 5.06 million ounces in the Inferred category. The company also holds a portfolio of 100%-owned gold assets across Ontario, including the McMillan Gold Mine and Michaud/Munro properties.

Verified company data

Cash position
6.5 million
Shares outstanding
244,738,654
Fully diluted shares
577.2 million
Mineral resource
The Juby Project hosts a current NI 43-101 compliant Mineral Resource Estimate (MRE) (effective August 18, 2026). 1.14 million ounces of gold in the Indicated category at an average grade of 0.95 g/t gold (31.74 million tonnes). 5.06 million ounces of gold in the Inferred category at an average grade of 0.87 g/t gold (109.48 million tonnes). The estimate was calculated using a long-term gold price of US$3,600 per ounce, applying cut-off grades of 0.25 g/t gold for open pit and 1.85 g/t gold for underground resources.
Projects
["Juby Project: Near Gowganda, Ontario, within the Abitibi Greenstone Belt. Ownership: 100% McFarlane Lake Mining Limited. Stage: Resource Definition – Completed MRE. Geological Setting: Archean-age Abitibi Belt – world-class gold endowment. Access & Infrastructure: Road accessible, power nearby, established mining support services. Drilling: 130,000 metres drilled to date with 90% metallurgical recoveries. Large-scale, Near-surface Gold System with Flexible Pathways to Production. Rising Gold Prices Present Huge Value Opportunity. Strong Leverage to Rising Gold Prices Enhances Returns. Expanding Margins Deliver Significant Cash Flow Growth Potential. Higher Prices Drive Asset Re‑rating Opportunity and Attract Investor Interest. A sensitivity analysis completed at a higher gold price of US$3,750 per ounce indicates an Indicated Mineral Resource of 1.20 million ounces grading 0.94 g/t gold (39.51 million tonnes) and an Inferred Mineral Resource of 4.23 million ounces grading 0.85 g/t gold (154.50 million tonnes). Cut-off grades of 0.25 g/t gold for open pit and 1.15 g/t gold for underground resources. In Pit Mineralization + Outside Pit Mineralization. Expanding Potential at Depth: Open at depth with significant upside potential for continued resource growth."]
Leadership
Mark Trevisiol (President, CEO, Over 30 years of experience in mining and metals processing. Former Senior Executive in Falconbridge and Xstrata Nickel. Managed operations in mining, milling, smelting and refining.), Brad Boland (CFO, Corporate Secretary, Over 25 years of experience in the resource industry, holding positions such as VP Finance for Goldcorp, VP Controller for Kinross, CFO for Consolidated Thompson Iron Mines, and he is currently the CFO for Kiboko Gold Inc. and Volta Metals Ltd.), Winston Whymark (Manager Exploration, Winston has worked in exploration for over 15 years, most of that time spent in gold exploration in management roles. He is manager of operations for Inventus Mining and was formerly Exploration Supervisor for Argonaut Gold.), Andrew McLellan, MSc (Senior Geologist, Andrew is a geologist with 15 years experience working in the Abitibi Greenstone belt focused on gold exploration. He has spent time working for Glencore, Trelawney Mining and Exploration, Baffinland Iron Mines, and various gold exploration companies.), Perry Dellelce (Director, Mr. Dellelce is a founder and the managing partner of Wildeboer Dellelce LLP, one of Canada’s leading corporate finance and transactional law firms.), Amanda Fullerton (Director, Ms. Fullerton has been the Vice President, Legal & Corporate Secretary of GCM Mining Corp. since March 25, 2019.), Dario Zulich (Director, Mr. Zulich is an accomplished entrepreneur and community leader who has made significant contributions to the sports and entertainment industry as well as to the business and philanthropic communities in Northeastern Ontario.), Deborah Battiston (Director, Ms Battiston is a CPA and an ICD.D with over 35 years of financial management experience, 24 of which are in the public company sector.), Fergus Kerr (Director, Mr. Kerr is a Professional Mining Engineer and an independent consultant with more than 35 years of experience in mine operations, health and safety, and operational leadership.), Roger Emdin (Director, Mr. Emdin is a Professional Engineer with more than 40 years of experience in mine operations, engineering, project development and executive leadership.), Steve Kaszas (Director, Mr. Kaszas has over four decades of experience in the financial services industry and has built a distinguished career characterized by strategic leadership, client-focused investment management and a strong commitment to community engagement.)

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