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MacDonald Mines Exploration Ltd.

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Summary

Project:

SPJ

Deposit:Scadding
Location:Canada
Commodities:Gold
Date:2/19/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:19-2-2020: MacDonald Mines Exploration Ltd. announces an Exploration/Drilling Update report for its Scadding deposit at the SPJ project. Drilling results incl. 11.6m @ 2.7g/t Au from 68.4m. TORONTO, Feb. 19, 2020 -- MacDonald Mines Exploration Ltd. (TSX-V
Resources:x
CP/QP:[Overall Report]: Quentin Yarie (Internal)
ABSTRACT:TORONTO, Feb. 19, 2020 -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) 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 gold over 4.5 metres including 8.80 g/t gold over 1.1 metres in SM-19-014 and 2.70 g/t gold over 11.6 metres including 13.40 g/t over 1.3 metres in SM-19-017. Results now show that the high-grade gold mineralization in the Bristol and Monaco structures extends over 350 metres in strike. The Villeneuve Structure extends more than 450 metres along strike. All structures remain open in all directions (Figure 1). Drilling is currently well into the first phase of the 2020 program aimed at continuing to expand the original footprint of the Scadding Deposit. Assays will be announced as they are received.

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