(TheNewswire)
January 13, 202 1 – TheNewswire - Vancouver, British Columbia – Lake WinnResources Corp. (“Lake Winn” or the “Company”) ( TSXV:LWR ) ( OTC:EQTXF ) is hascommenced its 2021 drill program on the Cloud project, in the FlinFlon gold belt, Manitoba. This is the continuation of the 406m in twoholes drilled on the project in 2020.
The first drill hole CP-2021-01 is targeting theeastern portion of the Bachnick Gold zone. The previous two holesdrilled in 2020 targeted the western portion of the Bachnick zone,CP-2020-01, and IP chargeability high, CP-2020-02. Both of these holeshave been sampled and the samples have been delivered to thelaboratory for assay.
Drill hole CP-2020-01 has been sampled at 1 meterintervals for the entire hole and samples are being sent to the TSLlabs in Saskatoon, Saskatchewan for assaying.
Figure 1 shows the location of these drill holes andtable one gives location and orientation information for each hole.
Lake Winn plans at to complete a minimum 2000m programon the Cloud project testing the Bachnick Gold Zone and associatedgeophysical targets with the option to expand to follow-up encouragingresults.
Drill Hole | Easting | Northing | Bearing | Dip | Total depth (m) | Comments |
CP-2020-01 | 342400 | 6083525 | 345 0 | -50 0 | 200 | In lab assays awaited |
CP-2020-02 | 342660 | 6083530 | 345 0 | -50 0 | 208 | In lab assays awaited |
CP-2021-01 | 342730 | 6083636 | 345 0 | -50 0 | ----- | Drilling commenced |
UTM Co-ords, Nad83 Zone 14
Figure 1: Bachnick gold prospect,showing historic samples with gold results.
Figure 1: Drillhole locations on topographic map
Qualified Person
The Qualified Person for this news release is BuddyDoyle, AUSIMM, a Geologist with over 30 years’ experience in mineralexploration, discovery, and evaluation. A Qualified Person under theprovisions 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 onexploration and development of gold projects in Canada. Thecompany’s flagship property, the Cloud Project is in the province ofManitoba, in the Flin Flon Gold Belt approximately 40 kilometersnorth ? east of the townof Flin ? Flon. Access tothe property is provided by Manitoba highway 10 to the all ? weather Kississing Lake Road. Thecompany is currently diamond drilling.
On Behalf of the Board of Directors of Lake WinnResources Corp.
Patrick Power, President & CEO
+1 (604) 218-8772
https://www.lakewinnresources.com
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
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