Mayo Lake Minerals Sells Property in The Yukon to Banyan Gold for $1,000,000
CASH INJECTION ENHANCES EXPLORATION PLANS FOR 2026 CLOSES 1ST TRANCHE OF, AND EXTENDS $300,000 PRIVATE PLACEMENT TO DECEMBER 30TH Highlights Mayo Lake has sold its non-core Trail- Minto Property in the Mayo-Keno area of Tombstone Gold Belt for $1,000,000 to Banyan Gold Inc. Retains a 2% NSR. Banyan can buy-back 1% of the 2% (1/2NSR) for $1,000,000. The Mayo-Keno area is the home of many companies with announced and growing resources [1]; Banyan Gold and Sitka Gold lead the hunt for Intrusion...
2025-12-17 7:55 AM EST
Mayo Lake to Accelerate Exploration on Prime Tombstone Gold Belt IRGS Properties
Ottawa, Ontario--(Newsfile Corp. - October 1, 2025) - Mayo Lake Minerals Inc. (CSE: MLKM) is pleased to announce a Private Placement consisting of any combination of common share units ('CS Units) and flow-through units ('FT Units') totaling up to $300,000, with a proposed closing date of October 17 subject to the discretion of the directors. The securities will be offered for sale to eligible purchasers on a 'best efforts basis' in all provinces and territories of Canada pursuant to...
2025-10-01 8:30 AM EDT
Mayo Lake Mineral Properties All Lie Within the Mayo-Keno Segment of the Yukon's Tombstone Gold Belt (YGB), Marked by Intrusion Related Gold Systems
Sitka Gold and Banyan Gold Have Renewed Exploration and Investor Interest in Intrusion Related Gold Systems in the Mayo-Keno Segment Of the YTB Mayo Has Initiated Exploration Program at Dawn Gulch, Anderson Gold Trend Highlights1 All of Mayo's properties are located in the Mayo-Keno part of Tombstone Gold Belt / Keno Silver Camp (Figure 2), an area characterized by Intrusion Related Gold Systems, many of which are Reduced Intrusion Related Gold Systems. Recent exploration and development have...
2025-09-30 7:00 AM EDT
Mayo Lake Minerals Closes First Tranche of Private Placement
Ottawa, Ontario--(Newsfile Corp. - April 4, 2025) - Mayo Lake Minerals Inc. (CSE: MLKM) ('Mayo Lake' or the 'Company') is pleased to report the closing of the first leg of its previously announced (March 6) private placement consisting of both common share units (CS Units) and flow-through Units (FT Units). The placement remains open and is intended to raise a total of $900,000. Terms Each CS Unit was priced at $0.05 and consists of one common share (a "Common Share") and one common share...
2025-04-04 8:10 AM EDT
Mayo Lake Minerals' 2025 Spring-Summer Exploration Plans
Ottawa, Ontario--(Newsfile Corp. - March 6, 2025) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Company" or "Mayo") is pleased to announce its planned spring and summer exploration projects for the Company's four prospective properties covering 188 sq. km in the Mayo Mining District of the Yukon. All of Mayo's properties lie within the Tombstone Gold Belt, which hosts numerous Reduced Intrusive Related Gold Systems (RIRGS), generally consisting of low-grade, large-tonnage gold deposits...
2025-03-06 2:28 PM EST
Mayo Lake Boosts Its Ongoing Placement to $827,084
Ottawa, Ontario--(Newsfile Corp. - January 8, 2025) - Mayo Lake Minerals Inc. (CSE: MLKM) (Company or Mayo) is pleased to report that it has closed another tranche of its ongoing $1.4M private placement (Ongoing Placement) for a total of 1,868,333 common share Units (CS Units) at $0.06 per CS Unit grossing $112,100. This brings the cumulative amount raised under the Ongoing Placement to $827,084. Each CS Unit consists of one common share and one whole warrant exercisable into one additional...
2025-01-08 3:13 PM EST
Mayo Lake Placement Stands at $714,984 with Closing of Latest Tranche
Ottawa, Ontario--(Newsfile Corp. - October 4, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or Company) is pleased to report that further to its release of May 3, 2024, it has closed a subsequent tranche of its ongoing $1.4M private placement consisting of 2,333,334 Common Share (CS) Units at $0.06 per CS Unit totaling $140,000.04; bringing the total to date to $714,984.10. No finders fees are payable. Each CS Unit consists of one common share and one whole warrant exercisable into one...
2024-10-04 1:21 PM EDT
Mayo Lake Minerals Updates Merger Activities
Ottawa, Ontario--(Newsfile Corp. - September 6, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo") is pleased to announce that further to its press releases dated August 17, 2023, March 12, 2024, May 3, 2024 and July 25, 2024, it continues to work towards the completion of its proposed merger with WestMountain Gold Inc. ("WMG") in conjunction with a concurrent financing ("Concurrent Financing") of $7.5 million±, the net proceeds of which will primarily be applied to an aggressive diamond...
2024-09-06 12:51 PM EDT
Mayo Lake Minerals Inc. 2023 Annual Special Meeting Report
Ottawa, Ontario--(Newsfile Corp. - August 20, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) is pleased to provide a report on its Annual & Special Meeting (Meeting) held on August 15 at 3790 Carp Road, Carp, Ontario. The Meeting was chaired by Dr. Vern Rampton, President & CEO and attended by directors, officers, staff and shareholders. The Company's shareholders unanimously re-elected Dr. Vern Rampton, Lee Bowles, Jeff Ackert and Gregory LeBlanc as directors; the latter...
2024-08-20 3:30 PM EDT
Mayo Lake Minerals Inc. Merger with WestMountain Gold, Inc.
Ottawa, Ontario--(Newsfile Corp. - July 25, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) is pleased to update the market on its proposed merger (Merger) with WestMountain Gold Inc. (WestMountain or WMG). The Merger will create a highly prospective land position within the Tintina Gold Province (TGP), combining WestMountain's advanced-stage Terra Gold Project (Terra), consisting of 344 mining claims, 5 of which are leased, coverin
2024-07-25 1:07 PM EDT
Mayo Lake Minerals Update
Ottawa, Ontario--(Newsfile Corp. - May 3, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or Company) is pleased to report on the progress of its proposed merger with WestMountain Gold, Inc. (WestMountain), as initially described in Mayo's press release of August 17, 2023 and as recently updated on March 12, 2024; the closing of the third tranche of its ongoing $1.4 million private placement ($1.4M Placement); the issuance of Compensation Securities based on the performance of the Company...
2024-05-03 2:40 PM EDT
Mayo Lake Minerals Updates Merger with WestMountain Gold
Ottawa, Ontario--(Newsfile Corp. - March 12, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or Company) is pleased to report on the progress of Mayo's and WestMountain Gold, Inc.'s (WestMountain) merger as described in Mayo's press release of August 17, 2023. The Letter of Intent (LOI) as described in the press release outlined the proposed terms and conditions of a transaction pursuant to which Mayo and WestMountain plan to affect a three-cornered amalgamation of a wholly-owned subsidiary...
2024-03-12 7:40 PM EDT
Mayo Lake Minerals Updates Merger with WestMountain Gold
Ottawa, Ontario--(Newsfile Corp. - January 4, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or Company) is pleased to confirm that Mayo and WestMountain Gold, Inc. (WestMountain) remain committed to complete their merger as described in Mayo's press release of August 17, 2023. The Letter of Intent (LOI) as described in the press release outlined the proposed terms and conditions of a transaction pursuant to which Mayo and WestMountain plan to effect a three-cornered amalgamation of a...
2024-01-04 1:38 PM EST
Sutherland Resigns as Director of Mayo Lake Minerals Inc
Ottawa, Ontario--(Newsfile Corp. - September 1, 2023) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo") ("Company") today announced the resignation of Mr. Tyrell Sutherland as a director effective immediately in order to accommodate demands on his time in combination with the Company's planned realignment of its board in contemplation of its merger with WestMountain Gold Inc. as announced on August 17, 2023 https://www.mayolakeminerals.com/news.html. Mr. Sutherland will remain in the position of...
2023-09-01 2:45 PM EDT
Mayo Lake Minerals Signs Letter of Intent with WestMountain Gold
Ottawa, Ontario--(Newsfile Corp. - August 17, 2023) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo") is pleased to announce that it has entered into a non-binding letter of intent dated August 2, 2023 (the "LOI") with WestMountain Gold, Inc. ("WestMountain"). The LOI outlines the proposed terms and conditions of a possible transaction pursuant to which Mayo and WestMountain would negotiate to seek to effect a three-cornered amalgamation of a wholly-owned subsidiary of Mayo and WestMountain that...
2023-08-17 7:18 PM EDT
Mayo Lake Minerals Announces 2023 Yukon Exploration Plans
Ottawa, Ontario--(Newsfile Corp. - April 17, 2023) - Dr. Vern Rampton, President & CEO of Mayo Lake Minerals Inc. (CSE: MLKM) ('Mayo' or 'Company') is pleased to provide the particulars of the Company's 2023 exploration plans on three of its top tier properties situated in the Yukon's Tombstone Gold Belt to be funded by a private placement of up to $1,400,000 (Schedule 'A' attached). "We see a great opportunity to increase shareholder value with the drilling of two priority gold in soil zones...
2023-04-17 8:25 AM EDT
Mayo Lake Announces Private Placement of Common Share and Flow-Through Units
Ottawa, Ontario--(Newsfile Corp. - April 5, 2023) - Mayo Lake Minerals Inc. (CSE: MLKM) ('Company') is pleased to announce a Private Placement ('Offering') on a 'best efforts' basis consisting of any combination of common share units ('CS Units) and flow-through units ('FT Units') totaling $1,400,000 with a proposed closing date of on or about May 15 ('Closing Date') subject to the discretion of the directors. Each CS Unit is comprised of one common share ('Common Share') and one-half Common...
2023-04-05 3:00 PM EDT
Summer Drill Program Supports Potential for High-Grade Silver at Carlin-Roop
Ottawa, Ontario--(Newsfile Corp. - December 16, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or Company) is pleased to announce the results of the Company's 2022 summer diamond drill program at its Carlin-Roop silver discovery in the Keno Hill Silver District, Yukon. The 2022 results, in combination with results of earlier exploration and diamond drill holes (DHHs) from 2020 and 2021, have intersected structures containing above background silver in combination with evidence of...
2022-12-16 11:36 AM EST
Mayo Lake Minerals Reports on Summer Drill Program
Ottawa, Ontario--(Newsfile Corp. - October 28, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) is pleased to review its early summer diamond drill hole ('DDH') program at its 45 square kilometre Carlin-Roop Silver Project in the Keno Hill Silver District of the Yukon. A total of 1,070 metres of diamond drilling was completed in eight DDHs. They were targeted on the Carlin West Zone (Figure 1) as delineated from prospecting, detailed geochemistry and geophysics following the...
2022-10-28 9:13 AM EDT
Mayo Lake Minerals Reports Highly Successful Yukon Ground Exploration
Ottawa, Ontario--(Newsfile Corp. - October 25, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) has received the results for 1,621 geochemical samples collected from its Carlin-Roop Silver Project; its Anderson-Davidson Gold and Trail-Minto gold properties; as well as 136 soil gas (SGH) samples from its Edmonton gold-base metal property. Drilling Update: cutting and logging of all core from this summer's diamond drill program has been completed. The Company will issue a press...
2022-10-25 9:36 AM EDT