MacDonald Mines announces that Gordon McKinnon, Non-Executive Director, died suddenly on July 30, 2019. Mr. McKinnon was a successful businessman and was President, CEO and Director of Canadian Orebodies. He became a director of MacDonald Mines in May 2017. Quentin Yare, Chairman of the Board, said, “It is with great sadness that I announce [...]
MacDonald Mines Exploration Ltd. announces that it will commence a 2,000 metres drill program at its 100%-owned, and permitted, Scadding Mine in the next 2 weeks. The high-grade Scadding Mine is located within the Company’s 10,647 hectares SPJ Property, 40 kilometres east of Sudbury, Ontario. Historically, it produced 914 kilograms of gold [...]
MacDonald Mines Exploration Ltd. announces the expansion of its SPJ Property located near Sudbury, Ontario. The Company has staked 14 claims and purchased an additional 130 claims. All the new claims are contiguous to MacDonald’s property and cover prospective extensions of the potential IOCG system identified at the Scadding Mine The [...]
MacDonald Mines Exploration Ltd. announces the first phase of its exploration program at its SPJ IOCG property near Sudbury. The exploration program will consists of 1,500 to 2,000m of oriented diamond drilling on the Scadding Deposit and regional prospecting on the larger SPJ property. The objectives of MacDonald’s 2019 drilling program are [...]
MacDonald Mines Exploration Ltd. reports that a review of historical surface exploration data suggests that copper and cobalt are anomalous in the Scadding Deposit. The Scadding Deposit produced 914 kg of gold from 127,000 tonnes of ore grading 7.2 g/t between 1984 and 1990 . The potential to discover new zones of gold-copper-cobalt mineralization [...]
MacDonald Mines Exploration Ltd. expands the information on the exploration potential of its newly acquired Scadding Mine, located 50 kilometres from Sudbury, Ontario. The mine produced 914 kg of gold from 127,000 tonnes of ore grading 7.2 g/t between 1984 and 1990 . It included three shallow pits and an underground ramp development in the Central [...]
MacDonald Mines Exploration Ltd. provides update on the fieldwork it is conducting at its Jovan-Powerline Project near Sudbury, Ontario. Following impressive results from an initial prospecting program, channel samples were collected to identify new zones of polymetallic mineralization and better understand the geology of the area. Location of [...]
MacDonald Mines Exploration Ltd. provides update on recent and ongoing fieldwork at its newly optioned Jovan and Powerline properties, located near Sudbury, Ontario. Jovan-Powerline Project Mechanized stripping on the Powerline Property uncovered several zones of variably brecciated and mineralized albitites alteration) like those found at the [...]
MacDonald Mines Exploration Ltd. , further to its press release dated August 31, 2018, has settled the previously announced flow-through mining expenditure obligations relating to the obligation to indemnify certain purchasers in respect of tax and penalties payable in connection with the reassessment of such purchasers’ tax returns, with the [...]
MacDonald Mines Exploration Ltd. has received assay results from 24 grab samples taken on its Jovan Property, located near Sudbury, Ontario. The sampling was conducted to validate the metal content of the known showings on the property and to test the surrounding geology. Highlights: High-grade mineralization exists on the property with gold [...]
MacDonald Mines Exploration Ltd. , further to its press release dated December 23, 2015, has agreed to settle additional of its flow-through mining expenditure obligations relating to the obligation to indemnify certain purchasers in respect of tax and penalties payable in connection with the reassessment of such purchasers’ tax returns, with [...]
