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MacDonald Mines Exploration Ltd V.BMK

Alternate Symbol(s):  MCDMF

MacDonald Mines Exploration Ltd. is a Canada-based mineral exploration company. The Company is focused on the evaluation, acquisition, and development of precious and critical metals properties in Ontario. It is focused on exploring its 100%-owned, 19,455 ha Scadding-Powerline-Jovan (SPJ) Project located 20 kilometers (km) southeast of the prolific Sudbury Mining Camp in Northern Ontario. The SPJ property consists of the Scadding, Powerline, Jovan, Blueberry, Loney and Golden Copper properties. Scadding Mine, as well as additional mineral claims that surround the Scadding Mine site, which is located in Scadding Township near the Wanapitei-Ashigami Lakes district, east of Sudbury, Ontario. Its Hembruff Copper property consists of 30 mining claims over 6.64 square kilometers.


TSXV:BMK - Post by User

Post by zedman4on Apr 22, 2007 1:14am
249 Views
Post# 12653368

trivia /James Bay Lowlands/ DeBeers..

trivia /James Bay Lowlands/ DeBeers..Debeers the world's largest diamond producer is -due to start up her Victor Diamond mine in the 1st part of 2008 at a cost of $1 billion -maintains a seasonal winter road from Moosenee; to coastal settlement of Attawapistat then 90 klicks inland to the Victor mine -cut a deal with KWG to put through water lines and service roads through KWG claims; in exchange allowing KWG access to the road to Moosenee and railhead -Victor mine is hooked up to Ontario hydro grid; again via Moosenee; switching stations and extra needed infrastruction is all paid for by DeBeers -85 % of Attawpistaticans voted in favor of the mine -Ont G'ovt lambasted Debeers with a 13% Royality tax out of the blue instead of the expected 5% -Natives concerned that this may impacted on the profit sharing agreement they have with DeBeers -Timmins Chamber of Commerces in full support of Victor Mine - mine will provide approx 400 jobs and related services business oportunities -In ensense Debeers is doing all the pioneering work that BMK will eventually benifit from p.s. the cluster of 18 kimberlites found on the Debeer claims;16 are diamondiferious (BMK kims have yet to be drill) Good nite all; I'm hitting the sack Zedman4
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