MacDonald Mines Exploration Ltd. announces that it has closed the first tranche of its previously announced non-brokered private placement offering for proceeds of $1,418,650.87 consisting of: 18,947,797 "flow-through" units at a price of $0.045 each, and 14,150,000 units at a price of $0.04 each. Each FT Unit sold in the Offering is comprised of [...]
MacDonald Mines Exploration Ltd. is pleased to announce that it intends to complete a non-brokered private placement financing of up to C$4.0 million of units and "flow-through" units . The Offering will consist of a minimum of 25,000,000 units at a price of C$0.04 per Unit for gross proceeds of a minimum of C$1.0 million and a maximum of up to [...]
MacDonald Mines Exploration Ltd. announces that Mia Boiridy has resigned from the Company's Board of Directors effective September 9, 2021. About MacDonald Mines Exploration Ltd. MacDonald Mines Exploration Ltd. is a mineral exploration company headquartered in Toronto, Ontario that trades on the TSX Venture Exchange under the symbol "BMK". The [...]
MacDonald Mines Exploration Ltd. announces that Mia Boiridy has left the organization, effective immediately. Stuart Adair, CPA, CA, MA, BA, a member of the Board of Directors of MacDonald Mines and Chair of its Audit Committee, has been designated as the Company's interim Chief Executive Officer effective September 8, 2021. Mr. Adair has extensive [...]
MacDonald Mines Exploration Ltd. announces results from 3 further channel samples taken at the Glade West Showing as part of its ongoing mechanized stripping and channel sampling program at its 100% owned SPJ Project, 30 km east of Sudbury, Ontario. Highlights include channel AGT-21-004B returning 8.91 g/t gold over 1.60 m, including 17.50 g/t gold [...]
MacDonald Mines Exploration Ltd. announces the results of its 2021 Annual and Special Meeting of Shareholders held earlier today in a virtual format due to the ongoing COVID-19 pandemic. At the Meeting, all resolutions were passed with the required majorities: The shareholders elected Stuart Adair, Mia Boiridy, Amanda Fullerton, Kevin Tanas and [...]
MacDonald Mines Exploration Ltd. announces results from 3 channel samples taken at the Glade East Showing as part of its ongoing mechanized stripping and channel sampling program at its 100% owned SPJ Project, 30 km east of Sudbury, Ontario. Channel AGT-21-002B returned 7.19 g/t gold over 4.0 m, including 12.4 g/t gold over 1.0 m. Gold [...]
MacDonald Mines Exploration Ltd. reports on results from its Winter 2021 drilling program at its 100% owned SPJ Project, 30 km east of Sudbury, Ontario. Of significant note, a high-grade discovery was made in the Glade area, 800 m south of the historical Scadding Mine with results highlighted by 5.17 g/t gold over 22.67 m, including 113 g/t gold [...]
MacDonald Mines Exploration Ltd. wishes to provide additional detail regarding the claims acquisition announced on March 22, 2021. The Company has signed a definitive agreement to acquire a 100% interest in 4 claims located within the borders of the Company's Jovan property. This acquisition adds 36 hectares to the Company's land position. The [...]
MacDonald Mines Exploration Ltd. announces results from the last 7 holes from its 2020 drilling program at Scadding on its 100% owned SPJ Project, 20 kilometres east of Sudbury, ON. Highlights include 4.97g/t gold over 3.03 metres, including 15.7g/t over 0.95 metres and significant cobalt mineralization over the same interval . The Company also [...]
MacDonald Mines Exploration Ltd. is pleased to announce the appointment of Mia Boiridy as President and CEO of the Company effective February 28, 2021. Ms. Boiridy is uniquely qualified to lead the MacDonald Mines team with a combination of geology, capital markets experience and excellent communication and engagement skills. Mia holds a BSc [...]
MacDonald Mines Exploration Ltd. reports assay results from 11 holes of its fall 2020 drilling program on the Scadding Deposit at its SPJ Project, located 40 km east of Sudbury, Ontario. The Company also reports that it has resumed drilling at the Jovan Property approximately 9 km east of Scadding. Three holes have been completed to date with [...]
