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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 letsgetreadyon Nov 13, 2019 12:53pm
158 Views
Post# 30345937

DRILL RESULTS HOLES 6 TO 15

DRILL RESULTS HOLES 6 TO 155 holes were drilled initially (1 to 5) then there was a pause before hole 6 started. so drill results have been a little delayed for hole 6 onward. the person who said they won't be released is dead wrong. I expect them to start coming shortly, likely next week. FROM THE MINING MARKET WATCH WRITE UP:- investors can look forward to a continued stream of news. Some of the drill core currently in the lab looks spectacular with holes having intersected multiple zones of iron-rich chlorite with visible gold in the core (note: iron-rich chlorite is what holds the high-grade gold mineralization on this IOCG-style deposit, it is the equivalent of finding a quartz vein in say Timmins), and others (results pending) having intersected hydrothermal breccia zone(s) containing iron-rich chlorite that has been associated with impressive gold mineralization in holes holes 001 through 005. (A summary, with insight, of holes with results pending is provided in a recent Company Exploration Update). BMK.V's technical team has been able to find what past operators struggled with; the team has found the main direction of continuity of zones of high-grade mineralization. This has enabled them to develop a predictive model that is yielding quality intercepts, and in time should lead to a meaningful resource estimate.
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