Symbol: TSX-V: CLM
VANCOUVER, March 21, 2018 /CNW/ - Crystal Lake Mining
Corporation (the "Company" or "Crystal Lake Mining") is
pleased to announce that diamond drilling has commenced at its
100%-owned Nicobat Project (nickel-cobalt-copper-precious metals)
in the Rainy River district of northwest Ontario. In addition, the company has expanded
its deep penetrating airborne electromagnetic survey from the
originally planned 500 line kilometers to 850 line kilometers.
Richard Savage, Crystal Lake
Mining CEO, stated: "The historic zone outlined at the Nico1
Property, combined with today's new technologies and a much better
understanding of nickel sulfide deposits, gives us confidence that
we're on track for a new discovery in this under-explored district.
We're continuing to develop our pipeline of exceptional nickel
sulfide targets across the 50 sq. km project area, and we look
forward to providing regular updates through Phase 1 of this
program."
The first two holes at the Nico1 Property will undercut the
historic zone to targeted depths of at least 400 meters and are
designed to explore beneath the near-surface disseminated and
breccia style magmatic sulfide mineralization. The boreholes will
provide an ideal geophysical platform for Lamontagne Geophysics'
borehole electromagnetic survey work to detect nearby conductive
targets that may correspond to semi-massive and massive
sulfides.
Qualified Person
The technical information in this news release has been reviewed
and approved by Dr. Peter C.
Lightfoot, P.Geo., and Dr. Elisabeth
Ronacher, P.Geo., who are both Qualified Persons responsible
for the scientific and technical information in this news release
under National Instrument 43-101 standards. Certain technical
information in this news release has previously been disclosed by
Crystal Lake Mining in its public disclosure record. Readers should
refer to Crystal Lake Mining's full public disclosure record at
www.sedar.com.
About Crystal Lake Mining
Crystal Lake Mining is a Canadian-based junior exploration
company focused on building shareholder value through the discovery
of new magmatic nickel sulfide deposits using technical excellence
in exploration target development.
On behalf of The Board of Directors of Crystal
Lake Mining Corporation,
Alphonse
Ruggiero, Director/CFO
This news release may contain certain "forward looking
statements". Forward-looking statements involve known and unknown
risks, uncertainties, assumptions and other factors that may cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Any forward-looking statement speaks only as of the
date of this news release and, except as may be required by
applicable securities laws, the Company disclaims any intent or
obligation to update any forward-looking statement, whether as a
result of new information, future events or results or
otherwise.
Neither 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.
SOURCE Crystal Lake Mining Corporation