MacDonald Mines Exploration Ltd. , further to its press release of May 25, 2024 , provides an update on the Company's investigations into the reporting inconsistencies in certain drill core assay results from its Scadding Gold Project. The original certificates from the three certified laboratories used during the exploration work at the Scadding [...]
MacDonald Mines Exploration Ltd. has discovered inconsistencies in certain assay results from the Scadding gold prospect that were previously publicly announced by way of press releases and which may also have been disclosed or used in certain other disclosure documents, such as the National Instrument 43-101 technical report on the Scadding gold [...]
MacDonald Mines Exploration Ltd. is pleased to announce the start of a 1,200 meter drill program along the prospective McLaren Lake Fault Zone at the Alwyn Copper-Gold trend , as well as the Glade Gold trend located on MacDonald Mines' 100% owned SPJ Project near Sudbury, Ontario. The Company also reports preliminary mineralogical observations from [...]
MacDonald Mines Exploration Ltd. is pleased to announce the closing of a non-brokered private placement financing . The Company has issued 6,000,000 flow-through units at a price of $0.05 per FT Unit, with each FT Unit comprised of one Class A common share and one Common Share purchase warrant , each of which qualifies as a "flow-through share" as [...]
MacDonald Mines Exploration Ltd. is pleased to announce the appointment of Mike England as interim CEO as well as a director of the Company effective today. Mr. England is a seasoned venture capitalist with more than two decades of experience in the mineral exploration industry. Mike has successfully founded, funded, and managed several companies [...]
MacDonald Mines Exploration Ltd. has agreed to settle outstanding amounts owing to a departed executed through the issuance of Class A common shares of the Company in accordance with applicable shares-for-debt policies of the TSX Venture Exchange . The Company and the former executive have entered into a debt settlement agreement which provided [...]
MacDonald Mines Exploration Ltd. announced today that Steven Butler has tendered his resignation as a director of the Company. The Board of Director thanks Mr. Butler for his services and wishes him well in his future endeavours. About MacDonald Mines Exploration Ltd. MacDonald Mines is a Canadian gold and base metal exploration company focused on [...]
MacDonald Mines Exploration Ltd. announced today that Greg Romain has tendered his resignation from the positions of President & CEO and as a director of the Company to pursue another opportunity. Mr. Romain has offered to assist the Company with the transition to his successor. The Board of Directors will begin a search for a qualified candidate [...]
MacDonald Mines Exploration Ltd. is pleased to share the highlights from a broad gravity survey completed over the Alwyn Copper-Gold Trend on it's 100% owned SPJ Property near Sudbury, Ontario. Survey Highlights: ALS GoldSpot Discoveries Ltd. has identified 5 high priority gravity targets potentially representing zones of iron-rich alteration [...]
MacDonald Mines Exploration Ltd. is pleased to announce the commencement of a broad gravity survey over the Alwyn Copper-Gold Trend on its 100% owned SPJ Property near Sudbury, Ontario. Survey Highlights: The gravity survey is testing the presence of iron-rich alteration zones in which Cu-Au mineralization could be associated with specular hematite [...]
MacDonald Mines Exploration Ltd. , further to its press release of December 9, 2022, is pleased to announce a further and final closing of its previously announced non-brokered private placement financing . The Company has issued a further 1,153,900 flow-through Class A common shares at a price of $0.13 per FT Share for proceeds of a further [...]
MacDonald Mines Exploration Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement offering for proceeds of $175,500. The Company issued a total of 926,923 flow-through shares at a price of $0.13 each and 550,000 non-flow-through units at a price of $0.10 per Unit. Each Unit is comprised of one Class [...]
