New assays from the joint venture of Granges Exploration and MacMillan Energy indicate an extension of a known gold zone to the east and to the north on the Mishi project at Mishibishu Lake in northern Ontario.
Three drill rigs are continuing to work on the property. MacMillan holds a 90% interest in the property and Granges can earn a 50% interest from MacMillan by spending $3 million on exploration.
Drill results include a 14.5-ft section grading 0.312 oz gold per ton and 11 ft grading 0.381.
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