Mega Precious Metals Inc TSXV:MGP announced results from its North Madsen Project in Ontario. Assays include 7.25 g/t gold over 12 metres (including 16.85 g/t over 4.8 metres), 0.69 g/t over 43.3 metres (including 0.92 g/t over 15 metres), 1.35 g/t over 19.5 metres (including 1.7 g/t over 12.1 metres), 2.43 g/t over 6.2 metres and 8.7 g/t over 1.5 metres.
President/CEO Jim Rogers stated, “We’re pleased with the result of this ongoing work program and the exploration upside continues. The drilling indicates that extensions to mineralization remain consistent with previously delineated mineralization of the deposit. Furthermore the deposit currently remains open in a number of directions, including the potential for additional resource expansion on four of the seven mineralized structures. In addition to the expanded resources, we anticipate ongoing announcements on additional project development milestones once we finalize an updated NI 43-101 report for the property.”
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Mega Precious Metals Inc
by Greg Klein