MC Jervois Mining Limited

MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX
VENTURE:MC)(OTCBB:MCYGF)(FRANKFURT:NJ6) will continue exploration at its Croxall
gold project ("Croxall" and/or the "Property") located in the West Timmins Gold
District, Ontario, adjacent to Lake Shore Gold Corp. ("Lake Shore"). Recent
activities at Lake Shore, excellent logistics, large land position and excellent
discovery potential on the Property put Croxall on a short list of first class
exploration properties located in the newest part of the developing West Timmins
Gold District.


The 2,400 acre Croxall Property was optioned by Temex Resources Corp. in 2009
based on its favourable geological position and the fact that it contained known
gold mineralization. It is contiguous to the east of the Gold River trend being
explored by Lake Shore and is underlain by similar stratigraphy that hosts gold
mineralization on the Lake Shore property. The southern portion of Croxall
covers approximately 3 kilometres of the Porcupine-Destor Fault, a key marker
for gold mineralization in the Timmins camp. The property is known to host more
than one "syenite" type gold-bearing porphyry body similar to that being
explored by Lake Shore to the west and Explor Resources to the north. Gold
mineralization has also been identified by previous operators within other host
rock types on Croxall. 


Mill City has the option to earn a 75% interest in the Croxall Property from
Temex by spending $750,000 on the Property over four years.


The Company will continue to pursue the acquisition of other mineral exploration
projects to maximize shareholder value.


ON BEHALF OF THE BOARD OF DIRECTORS 

James R. Brown, Chairman, President & CEO

Grafico Azioni Jervois Mining (TSXV:MC)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Jervois Mining (TSXV:MC)
Storico
Da Giu 2023 a Giu 2024