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MacDonald Mines Exploration Ltd.

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Summary

Project:

SPJ

Deposit:SPJ
Location:Canada
Commodities:Gold-Cobalt
Date:1/23/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:23-1-2020: MacDonald Mines Exploration Ltd. announces an Exploration/Drilling Update report for its SPJ deposit at the SPJ project. Drilling results incl. 65.6m @ 1.6g/t Au from 49.7m. TORONTO, Jan. 23, 2020 -- MacDonald Mines Exploration Ltd. (TSX-V: BMK
Resources:x
CP/QP:[Overall Report]: Quentin Yarie (Internal)
ABSTRACT:TORONTO, Jan. 23, 2020 -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces the complete results from hole SM-19-012 (see partial results in Jan. 20, 2019 news release) 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 metres, including 35.7 g/t gold over 0.5 metres and 24.1 g/t gold 0.4 metres with the complete intersection of SM-19-012 grading 1.63 g/t gold over 65.6 metres. Hole SM-19-012 indicates a much larger corridor of gold mineralization north of the Scadding Mine than what was suggested by historic drilling results Drill core samples were transported in security-sealed bags for analyses to Bureau Veritas in Timmins, Ontario. Individual samples are labeled, placed in plastic sample bags and sealed. Groups of samples are then placed into durable rice bags and then shipped. The remaining coarse reject portions of the samples remain in storage if further work or verification is needed.

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