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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 dblancon Oct 15, 2019 7:46am
89 Views
Post# 30230423

Results are in on Sedar

Results are in on SedarWE have confirmation..MacDonald Mines Drills 11.10 g/t Gold over 6.14 Metres at its SPJ Property

TORONTO, Oct. 15, 2019 -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces results from the third and fourth hole of its on-going exploration program at the Company’s SPJ Property, 40 kilometres east of Sudbury, Ontario. Hole SM-19-003 intersected two (2) distinct gold zones11.10 g/t gold over 6.14 metres and 3.29 g/t gold over 1.8 metres. Hole SM-19-04 intersected three (3) zones: 1) a shallow zone containing 5.15 g/t gold over 3 metres, 2) 9.02g/t gold over 1.98 metres and 3) 3.03 g/t gold over 1.37 metres. Results to date have now confirmed high-grade gold mineralization, in the North Zone of the Scadding Deposit, over a strike length of 100 metres. Three additional drill holes from this program have been completed, and one hole is on-going. Assay results will be announced as they are received.

Table 1. Highlights from holes SM-19-003 and SM-19-004:

Hole

From (m)

To (m)

Length Gold (m)* (g/t)

X

Y

Z

Az

Dip

SM- 19- 003

27.88 34.02 Including 27.88 30.55 31.42 33

6.14 11.10

2.67 11.39 1.58 23.32

529131

5166652

313

245

-48

127.07 128.87 1.8 3.29

SM- 19- 004

11.2 14.2 3.0 5.15 Including

11.2 13.2 2.0 7.4

529223

5166681

309

252

-52

73.75 75.12 1.37 3.03

82.77 84.75 1.98 9.02 Including

83.91 84.75 0.84 20.38


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