MacMillan Releases Positive Drill Results MacMillan Releases Positive Drill Results From Five Newly Titled Mexico Mining Concessions.
TORONTO, CANADA - May 29, 2013 - Mr. George A. Brown, President of MacMillan Minerals Inc. (TSX-V:MMX.V - News), is very pleased to announce that the Company has received the title documents for each of the five concessions being sought by the Company. Applications for these five concessions were originally filed by the Company through the normal staking process. Due to competing applications filed by other interested parties on the same day as these claims became available for staking, the concessions became subject to the regulatory lottery process. These five concessions have been awarded to the Company as the winner of this lottery process.
The five concessions cover an area of 1,036 hectares in the state of Nayarit. These concessions have been added to the Company's Las Cucharas Project bringing the size of this project to eighteen concessions covering 4,679 hectares. The Las Cucharas Gold and Silver Project is situated in the northern part of Nayarit State in Mexico. Additional information regarding the Las Cucharas Project is available in a Technical Report dated February 27, 2012 written by R.A. Lunceford, M.Sc. CPG, titled "Geological Report and Summary of Field Examination, Las Cucharas Project" as filed on SEDAR on March 29, 2012. The Las Cucharas Project covers a series of generally northwest trending vein structures which occur mainly within a six kilometre long by two kilometre wide mineralized corridor.
The Company is pleased to report on four diamond drill holes completed on the concessions covered by these five new titled concessions. Figure 1 shows the location of the four drill holes. These four core holes were collared to test vein and structural zones on the La Union targets (holes EC-01 and LU-01) and on the Nuevo Cucharas Target (holes NC-01 and NC-01A).
Mr. George A. Brown, President, states: "We have anxiously awaited these titles and now have these very encouraging drill results which add further evidence to our concept that the six kilometre long by two kilometre wide corridor within our Las Cucharas Project is widely mineralized with excellent potential to host a significant resource of gold and silver.
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