Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 osprey18on Jan 23, 2020 5:04pm
115 Views
Post# 30591098

How's This Then? Over 1 oz/t gold...Today!

How's This Then? Over 1 oz/t gold...Today!Interesting comments from X-flyswatter on ceo.ca...

I hope the company starts releasing holes in batches, say of three holes.  With the sp at current levels, I do understand the purpose of releasing individual holes or small batches, hoping to chew through some shares and advance at least a little each time.  Should we get some bonanza type, horny grades over significant widths in an individual hole, then release it…
 
On another note, I found results today decent.  It’s positive to see multiple zones, and also positive to see the two high grade intervals (speaking of horny grades), that being the 0.5 m of 35.7 g/t gold and 0.4 m of 24.1 g/t gold at 51.5 – 54.6 m.  For the imperialists out there, that equates to 1.15 oz/t over 1.6 ft and 0.77 oz/t over 1.3 ft.  Two very high grade intersections within a 3 .1 m envelope.  Again, quite positive. 
 
It’d be interesting to test some of these high grade zones at depth.  They typically pinch and swell; and gold grades (depending on deposit type) often increase at depth.
 
Anyway, we had 19 previous holes to be reported on from the previous program, so there’s plenty more to come…plus we have just started the winter drill program where another 4000 m of drilling is to occur.  So there’s going to be a steady stream of results looking forward over the next few months.
 
Have a good night!

Bullboard Posts