TORONTO, Dec. 14, 2017 -- MacDonald Mines Exploration Ltd. announces a non-brokered private placement of units and flow-through units , in such combination to be determined by the Company, for gross proceeds of up to CAD$1,000,000 . The Company intends to close the Offering on Wednesday, December 20, 2017 subject to the receipt of all regulatory [...]
TORONTO, Dec. 07, 2017 -- MacDonald Mines Exploration Ltd. announces that its sonic drilling program has discovered gold and silver in the bedrock underneath the Oxide Sands formation at its Wawa-Holdsworth Project. Table 1 highlights the sonic drilling results from the bedrock underlying the Oxide Sands. The sonic drilling for the Oxide Sands was [...]
TORONTO, Dec. 05, 2017 -- MacDonald Mines Exploration Ltd. announces that it has received gold and silver assays for 59 of 401 sonic boreholes completed in the Oxide Sands trend of its Wawa-Holdsworth Project. Of the 59 holes received to date, twenty-four had composite gold values greater than 1g/t over 1 metre. Plan map of trenching locations with [...]
TORONTO, Nov. 28, 2017 -- MacDonald Mines Exploration Ltd. announces that it has received gold and silver assays for most of the remaining trenches across the Oxide Sands zone. Trenches 650, 675, 700, 775S, 1200, 1250, 1250SE, 1400 and 1700 all produced positive gold and silver results. Plan map of trenching locations with gold AuEq values Table 1 [...]
TORONTO, Nov. 09, 2017 -- MacDonald Mines Exploration Ltd. announces that it has completed its Trenching and Sonic Drilling Programs that were designed to assess the extend of the Oxide Sands trend at its Holdsworth Gold Project. Figure 1. Plan map of trenching locations with gold AuEq values Figure 2. Location of Reed-Booth Showing Quentin Yarie [...]
TORONTO, Oct. 03, 2017 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V:BMK) ("MacDonald Mines", the "Company", or “BMK”) announces that it has received gold and silver assays on 7 trenches across the Oxide Sands zone. Trenches 950, 975, 1000, 1025 and 1050 produced positive gold (Au) and silver (Ag) results. Table 1 [...]
TORONTO, Sept. 27, 2017 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V:BMK) ("MacDonald Mines", “MacDonald”, or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding (“MOU”) with the Michipicoten First Nation (“MFN”). The MOU outlines a clear and mutually agreed [...]
TORONTO, Sept. 20, 2017 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V:BMK) ("MacDonald Mines", the "Company", or “BMK”) announces that it has initiated an approximate 2000 metres sonic drilling program of the Oxide Sands at its Wawa-Holdsworth Gold Project. Quentin Yarie, President and Chief Executive Officer of MacDonald [...]
TORONTO, ONTARIO--(Marketwired - Aug. 31, 2017) - Further to the news release dated August 30, 2017, MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", the "Company", or "BMK") wishes to clarify the trenching and sampling methodology of the Oxide Sands at the Wawa-Holdsworth Gold Project. Oxide Sands Trenching and Sampling [...]
TORONTO, ONTARIO--(Marketwired - Aug. 30, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", the "Company", or "BMK") announces that it has received gold and silver assays on 6 trenches across the Oxide Sands zone. Trenches 725, 750, 775, and 825 produced positive gold (Au) and silver (Ag) results. Table 1 highlights the [...]
TORONTO, ONTARIO--(Marketwired - Aug. 24, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", "MacDonald" or the "Company") is encouraged by the announcement made on August 21, 2017 by Premier Kathleen Wynne and the Chiefs of Marten Falls, Webequie and Nibinamik First Nations, which formally committed provincial funding [...]
TORONTO, ONTARIO--(Marketwired - Aug. 9, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", the "Company", or "BMK") announces that it has received final gold assays on 4 trenches across the Oxide Sands zone. Trenches 725, 750 and 775 produced positive gold (Au) results. No significant results for gold (Au) were detected [...]