A field program is to begin on MH Resources’ Mag Lake polymetallic project near Rankin Inlet, N.W.T.
A private company, MH was formed to combine the interests of Noble Peak Resources (ASE), Dejour Mines (TSE) and the MH Syndicate in the Mag lake area. Sampling in 1992 returned values of up to 36% zinc, 0.57% copper and 3.5 oz. silver per ton over 1.5 ft. Gold values of up to 2.92 oz. have also been reported.
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