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MacDonald Mines Exploration Ltd.
Summary
| Project: | SPJ | |
|---|---|---|
| Deposit: | Scadding | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/11/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-5-2020: MacDonald Mines Exploration Ltd. announces an Exploration/Drilling Update report for its Scadding deposit at the SPJ project. Drilling results incl. 25.15m @ 1.5g/t Au from 94.3m. TORONTO, May 11, 2020 -- MacDonald Mines Exploration Ltd. (TSX-V | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | TORONTO, May 11, 2020 -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) 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 over 0.74 m. Hole 34 had an intercept of 10.2 g/t gold over 1.1 m at around 100-metres depth, 64 metres southeast of the high-grade intersection in SM-20-026 (see February 27, 2020 News Release). The Company remains well funded and is set to resume its 2020 resource definition drilling program in the coming days with strict health protocols put in place. Results are indicating that gold mineralization in the North Pit area remains open in all directions and that the thickness of the mineralization zones remains relatively constant with increasing depth. To date, mineralization in the North Pit area has been traced over more than 200 metres down-dip and up to 150 metres laterally along strike (Figure 1). | |
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