MacDonald Mines Exploration Ltd. reports the results from the last 4 holes of its Spring 2020 drilling program at the Company’s SPJ Property, 20 kilometres east of Sudbury, Ontario. Drilling confirmed that a near-surface and broad zone of gold mineralization is present south of the Scadding Deposit, in an area that was never drilled before [...]
MacDonald Mines Exploration Ltd. reports the remaining assay results from its Winter 2020 drilling program and results from 3 holes of its Spring 2020 drilling program at the SPJ Property, 20 km east of Sudbury, Ontario. Hole 41 intersected 27.2 g/t gold over 5.13 m in a new, near-surface discovery in the western extension of the New [...]
MacDonald Mines Exploration Ltd. announces that, with strict health protocols in place, it has resumed its 2020 drilling program after temporarily suspending operations due to COVID-19 at its SPJ Project, located 40 km east of Sudbury, Ontario. The Company remains well funded as the Spring 2020 exploration program continues. Results from 2 holes [...]
MacDonald Mines Exploration Ltd. announces further assay results from its Winter 2020 drilling program at the SPJ Property, 40 km east of Sudbury, Ontario. Highlights include: Hole 31 intersected 25.15 m of 1.5 g/t gold including 12.8 g/t gold over 1.47 m and 7.8 g/t gold over 1.35 m. Hole 33 intersected 24 g/t gold over 0.66 m and 8.6 g/t gold [...]
MacDonald Mines Exploration Ltd. announces that it has completed a non-brokered private placement offering of securities for total gross proceeds of $994,781. The Company issued a total of 7,350,428 flow-through Class A common shares at a price of $0.07 per FT Share and 7,388,480 non-flow-through units at a price of $0.065 per Unit. Each Unit is [...]
MacDonald Mines Exploration Ltd. announces that the high-grade gold results for hole SM-20-026, announced on February 27, 2020, were confirmed by analyses at a second laboratory. New results reported 464.4 g/t gold over 2.96 metres including 26.3 g/t gold over 1.07 metres, 274 g/t gold over 0.93 metres and 1,137 g/t gold over 0.96 metres. The [...]
MacDonald Mines Exploration Ltd. is pleased to announce a strong start to its 2020 definition drilling program in the North Pit area. Hole SM-20-026 intersected 59.2 g/t gold over 19.07 metres in the Bristol Structure, 18 metres north-east of the intersection of 52 g/t gold over 12 metres in SM-19-001 . The on-going 2020 drilling program is well [...]
MacDonald Mines Exploration Ltd. reports the assay results from the other half of the high-grade intersection of drill hole SM-19-022 that was announced in December 2019 . The intersection between 16.00 and 20.98 metres included significant visible gold ; which is an indication of a potential nugget effect. A nugget effect results when a small [...]
MacDonald Mines Exploration Ltd. announces that it has received results from the remaining 3 holes from its fall 2019 drill program at the Company’s SPJ Property, 40 kilometres east of Sudbury, Ontario. Results indicate that high-grade gold intervals were intersected at the Villeneuve, Bristol and Monaco structures highlighted by 4.32 g/t [...]
MacDonald Mines Exploration Ltd. announces that it has received results from an additional 9 holes from its fall 2019 drill program resulting in the discovery of 2 new zones at the Company’s SPJ Property, 40 kilometres east of Sudbury, Ontario. The 2020 drill program is currently underway and 3 holes from the fall 2019 program are still [...]
MacDonald Mines Exploration Ltd. announces the complete results from hole SM-19-012 drilled last fall at its SJP property, 40 kilometres east of Sudbury, Ontario. Hole SM-19-012 intersected four zones of gold mineralization north of the Scadding Mine and the top of the Bristol breccia at depth. The latest results include 9.4 g/t gold over 4.9 [...]
MacDonald Mines Exploration Ltd. announces further results from the diamond drill program completed last fall at its SJP property, 40 kilometres east of Sudbury, Ontario. Hole SM-19-008 intersected 3.6 g/t gold over 6 metres, including 21.5 g/t over 0.8 metres, testing the down-dip continuity of the gold zones of the North Pit area. Hole SM-19-012 [...]
