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MacDonald Mines Exploration Ltd.

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Summary

Project:

SPJ

Deposit:SPJ
Location:Canada
Commodities:Gold
Date:2/20/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-2-2020: MacDonald Mines Exploration Ltd. announces an Exploration/Drilling Update report for its SPJ deposit at the SPJ project. Additional assay results incl. 4.98m @ 18.68g/t Au from 16.00m. TORONTO, Feb. 20, 2020 -- MacDonald Mines Exploration Ltd.
Resources:x
CP/QP:[Overall Report]: Quentin Yarie (Internal)
ABSTRACT:TORONTO, Feb. 20, 2020 -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) 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 (see Dec. 9, 2019 News Release). The intersection between 16.00 and 20.98 metres included significant visible gold (VG); which is an indication of a potential nugget effect. A nugget effect results when a small sampling size fails to adequately represent the composition of the core tested due to the non-uniform distribution of high-grade gold nuggets in the material sampled. MacDonald’s methodology to eliminate bias has been to always send the same side of the split core for assay – regardless of where any potential visible gold is noted. By analyzing the other half of the core of hole SM-19-022 and by averaging the grade of both halves, the gold grade of the intersection has increased by more than 35%. The Company may or may not conduct whole-core testing of the other intersections that reported visible gold from the 2019 program.

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