MacDonald Mines Exploration Ltd. reports further assay results from its ongoing 2020 drilling program at the SPJ Property, located 40 km east of Sudbury, Ontario. Hole SM-20-065 intersected, near-surface, 7.18 g/t gold over 13.23 metres, including 41.44 g/t gold over 1.09 metres and 22.60 g/t gold over 1.00 metre, further expanding the high-grade [...]
In a release issued earlier today for MacDonald Mines Exploration Ltd. , please note that the gold drilling results in the headline have been corrected from "17.60 m of 3.90 g/t gold and 10.29 m of 4.75 g/t gold" to "17.06 m of 3.90 g/t gold and 4.75 m of 10.29 g/t gold". The corrected release follows: MacDonald Mines Drills 17.06 m of 3.90 g/t [...]
MacDonald Mines Exploration Ltd. announces further assay results from its ongoing 14,000 metres 2020 drilling program at the SPJ Property, located 40 km east of Sudbury, Ontario. Highlights include: 3.90 g/t gold over 17.6 metres, including 20.54 g/t gold over 1.00 metre and 17.61 g/t gold over 1.19 metres in hole SD-20-062 and, 10.29 g/t over 4.75 [...]
MacDonald Mines Exploration Ltd. is pleased to announce that, it has executed an agreement with Noble Mineral Exploration Inc. to sell all of MacDonald’s interest in the Holdsworth gold property , located 25 kilometres northeast of Wawa, Ontario in Corbiere and Esquega Townships. As payment for the Property, Noble will issue to MacDonald 4,000,000 [...]
MacDonald Mines Exploration Ltd. announces the grant, under the Company’s stock option plan, of 4,395,560 stock options to certain directors, officers and consultants of the Company. The options entitle the holders to purchase the same number of common shares of the Company at a price of $0.13 per share for a period of five years. About MacDonald [...]
MacDonald Mines Exploration Ltd. announces that it has launched its Summer 2020 exploration program at its SPJ property, located 20km east of Sudbury Ontario. Drilling has restarted with an initial 2,000 metres of an anticipated 14,000 metres drill program to further define the geometry of the Scadding Deposit with its newly discovered zones and [...]
MacDonald Mines Exploration Ltd. announces that it has closed its previously announced non-brokered private placement offering for total gross proceeds of $4,245,850 consisting of: 9,332,223 “charity flow-through” Units at a price of $0.135 each and 29,860,000 “flow-through” Units at a price of $0.10 each . Eventus Capital Corp. acted as a finder [...]
MacDonald Mines Exploration Ltd. announces the results of its 2020 Annual and Special Meeting of Shareholders held July 30, 2020 in Toronto, Ontario, Canada and virtually on the Internet. The Company is pleased to announce that the shareholders re-elected Pat Dubreuil, Kevin Tanas, Stuart Adair and Quentin Yarie to the Board of Directors to hold [...]
MacDonald Mines Exploration Ltd. announces that, due to continued investor demand, it is increasing the size of its non-brokered private placement offering to $4,250,000 consisting of: “charity flow-through” Units at a price of $0.135 each and “flow-through” Units at a price of $0.10 each . Eventus Capital Corp. has been appointed as a finder in [...]
MacDonald Mines Exploration Ltd. announces that, due to continued investor demand, it is increasing the size of its non-brokered private placement offering to $4,000,000 consisting of: “charity flow-through” Units at a price of $0.135 each and “flow-through” Units at a price of $0.10 each . Eventus Capital Corp. has been appointed as a finder in [...]
MacDonald Mines Exploration Ltd. is pleased to announce that, due to strong investor demand, it has increased the size of its non-brokered private placement offering announced on July 9, 2020 to $3,500,000 consisting of: “charity flow-through” Units at a price of $0.135 each and “flow-through” Units at a price of $0.10 each . Eventus Capital Corp [...]
MacDonald Mines Exploration Ltd. announces a non-brokered private placement offering of up to $2,000,000 consisting of: “charity flow-through” Units at a price of $0.135 each and “flow-through” Units at a price of $0.10 each . Eventus Capital Corp. has been appointed as a finder in connection with the Offering. Each Unit will be comprised of one [...]