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MacDonald Mines Exploration Ltd.

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Summary

Project:

SPJ

Deposit:Scadding
Location:Canada
Commodities:Gold
Date:3/26/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:26-3-2020: MacDonald Mines Exploration Ltd. announces an Exploration/Drilling Update report for its Scadding deposit at the SPJ project. Re-assay results incl. 2.96m @ 464.4g/t Au from 71m. TORONTO, March 26, 2020 -- MacDonald Mines Exploration Ltd. (TSX-
Resources:x
CP/QP:[Overall Report]: Quentin Yarie (Internal)
ABSTRACT:TORONTO, March 26, 2020 -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces that the high-grade gold results for hole SM-20-026, announced on February 27, 2020, were confirmed by analyses at a second laboratory. New results reported 464.4 g/t gold over 2.96 metres including 26.3 g/t gold over 1.07 metres, 274 g/t gold over 0.93 metres and 1,137 g/t gold over 0.96 metres. The previous assays reported 376.6 g/t gold over the 2.96 metres (Table 1). The re-analysis of hole SM-20-026 was undertaken to confirm the extremely high-grade results that were obtained 18 metres downdip from the high-grade intersection of 52 g/t gold over 12 metres in SM-19-001 (see September 27, 2019 News Release). Results to date indicate that the high-grade gold zone in the Bristol/Monaco Structure could extend over 100 metres downdip following the preliminary observation of visible gold (VG) in holes SM-20-031 and SM-20-034 (Figure 1). Assay results from the pending drill holes will be announced as they are received.

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