(via TheNewswire)
The Company currently awaits final analyses and interpretation from a recently completed property wide magnetometer study expected shortly. The preliminary data has shown striking linear magnetic responses, with one zone lining up with the known pegmatite trend(see Figure 1) and with a second stronger linear anomaly representing a new potential pegmatite target (see Press Release dated
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Figure 1: Previous Magnetometer Representing Approximately 25% of the Property. Close-up of previously completed magnetometer data.
The Company was recently issued a 5 year exploration permit inclusive of drilling, trenching, and channel sampling (see Press Release date May 95h, 2023)
ON BEHALF OF THE BOARD OF DIRECTORS OF LAKE WINN RESOURCES CORP.
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Cautionary Statement Regarding “Forward-Looking” Information
This news release contains “forward-looking statements” including but not limited to statements with respect to Arctic Star’s plans, the estimation of a mineral resource, andthe success of exploration activities. In this release, it is not certain if the kimberlite discovered will be economic or not as this depends on many factors. Forward-looking statements, while based on management’s best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Factors that could affect our plans include our potential inability to raise funds as intended, and in such event, we may require all funds raised, if any, to be used for working capital rather than the intended uses as outlined. Accordingly, readers should not place undue reliance on forward‐looking statements.
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