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

Bullboard - Stock Discussion Forum 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... see more

TSXV:BMK - Post Discussion

MacDonald Mines Exploration Ltd > RACING CARS LOVE GOING IN CIRCLES - ( tease )
View:
Post by Wangotango67 on Jun 27, 2020 6:07pm

RACING CARS LOVE GOING IN CIRCLES - ( tease )

Perhaps someone at, BMK loves race cars -
most of thier mineral zones are associated to racing ( tease )

I went trhrough all the drill logs -
There's definitely gold on thier claims...
But...are they maximizing each drill to it's fullest potential ?
I see lots of meters wasted - and one could argue and say, some are exploratory...
And i say, correct... but, should they be poking around with chance drilling, or sticking to 
a format that compounds ?
As it is... they're all over the map -

What should BMK do ?
Simple Answer - SCRAP THE PRESNT MAP 
https://macdonaldmines.com/wp-content/uploads/2020/06/Fig.-3-North_Pit_DDH_Highlights_.png

Erase all the colored structured lines -
Keep just the drill hole lines
Keep the 3 pits
Keep the Brecca zone
Keep the Bristol Monaco structure
Erase all other lines

Design a 3-D  mapplotting all drill - holes - using azimuth pitch for each dril lhole
Color each drill hole line ( make larger )  with each drill hit meter of, gold.
It would clean everything - up - bring clarity to the project - 

Then, ask...why were the 3 pits successfull ?
How are they associated to the, Bristol and Monaco structure ?

Could the Bristol and Monaco structure swing out and include the south pit |?
I would say yes.. a high possibility it would...due to close proximity to the, Bristol + Monaco

Out of all the drill holes...
There is one that stands out - with very importasnt features -
Can anyone guess ?
If you guessed, SM 19 006 =  you'd have guessded the same as, me.

Why is this hole so important ?
It was a hole trsting outside structures....
But at the same time - it als otested the BRISTOL MONACO ZONE
At the 300m depths....
An impotant dril lit is...
Becaused it - proved the gold was still present - really deep.

The Bristol + Monaco zone should not be dismissed.
Though the thinner zones host higher grade gold, one has ot factor in,and ask...
do these thinner zones contain enough tonnage to rack the punces up ?

While if one peers over at the Bristol + Monaco zones...
It apparently spans over 600m long
Two pits in close vicinity - north and south
Gold at surface
Gold in the Bristl zones
Gold in the pit zones

IRONICALLY...
GOLD IS PRESENT IN THE brecca host rock kissing the Bristol zone.

The Bristol is a good 80m wide
If gold is present in the Brecca rock aside of Bristol,
chances are... gold will also be a tad outside the Bristol on the opposite side.

COULD ONE MAKE THAT ASSUMPTION AND SAY...
Bristol might strtch from 80m to 100m above surface width ?
And, supoose 600m in length...
And, the potential, of...Bristol kicking out at the south pi, branching out to include the pit.

Now ask....what's better,
potential 1-2 grams in a potential constraint of, 
600m x 100m x 350+m depth -  with a tonnage factor of 2.5
= 52,500,000 tonnes of ore 
or, chase thin viens with high grade  -  limited tonnage ?

The question becomes - just how much gold - and how many lenses are with in the
Bristoll - could it harbor enough gold to make it worth while |?
That question could be answered by - drilling the Bristol - top to bottom ( n + s ) + 350m depths. - what investors don't know - is the gold values that might exist outside the best hits 
gold that might be lessor oin grams - perhpas were only shown the best hits, and the what if, there's stil lgold present in the otrher ores, but was not mentioned due to lower grades |?
This is in fact important - in plight of, if the project ever sparked up - it would run the course of,
concentrating the ores - this is where al lgold values that can be extracted - become important - creating over all - averages -  assisting the economics - 

In my opinion.... North and South Pits
Were the biggest clues inwhich allows one ot map out the gold...
And...begin tracking and finding all the morew to build out a resourcce....
stilll not too late - to at least try one or two holes - 350m attacking the, Bristoll

Imagine all the drills - seen on the map above...
And, the what if, all emphasis was placed on the, Bristol  + MonAaco ?
Verical holes - each - 350m - 450M

What would be better ?
Present status, or, work over the larger structure Bristol....tying in the 2 pit zones and
bringing the project to far greater depths  ?

What about the Villneuve zone ?
Well, if one scans a few of those holes - they're on acute angles -
Which alotts for wider intercepts - but if one refers to the, SM 014 015vholes 
These are more on an x/y axis - which aloows for a better width of, minerlaization
Which chews down the other acute hole widths...
Which then begs...is the Villneuve zone shown wider in red, than actually is ?
Hence - why chase small structures -when, there's a larger one right next door.
A Bristol Structure that actually bleeds int oteh brecca zone which gold dropped out - into.


Maybe i'm wrong  maybe i'm right...
Who knows...


 Cheers....
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities