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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

Comment by givemeabreak1on May 16, 2021 11:18pm
141 Views
Post# 33212333

RE:misleading

RE:misleadingRock your numbers are close enough and you are correct as it being misleading for those who do not understand drill results.  It suggest the nugget affect as all the gold is found in a limited area.  There is good and bad about this but I generally see it as bad as the multiplication factor is a killer.  Think about it this way I pull a drill section that weight 5kg and I find a single gram of gold in the sample.  I then have to multiply the 5kg sample by 200 to get a gpt number so it becomes 200 gpt!  You can see how that can be a big overstatement which is why when you do a resource calculation you have to limit these high grades to say 20gpt........On the other side of things if this nuggety type gold is constant across the deposit your recoveries could be much higher than predicted.  All in all though is is generally negative!  

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