For thousands of other reports visit RSC's Mineral Intellingence Map
MacDonald Mines Exploration Ltd.
Summary
| Project: | SPJ | |
|---|---|---|
| Deposit: | Scadding | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-12-2019: MacDonald Mines Exploration Ltd. announces an Exploration/Drilling Update report for its Scadding deposit at the SPJ project. Drilling results incl. 26.20m @ 7.99g/t Au from 16.00m. TORONTO, Dec. 09, 2019 -- MacDonald Mines Exploration Ltd. (TS | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | TORONTO, Dec. 09, 2019 -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces results from four holes of its now completed Fall 2019 drilling program at the Company’s SPJ Property, 40 kilometres east of Sudbury, Ontario. Results are highlighted by hole SM-19-022 with the discovery of a significant zone of near-surface gold mineralization north of the Scadding East-West (“E-W”) Pit - 7.99 g/t gold over 26.2 metres including 10.98 g/t over 4.98 metres and 11.54 g/t over 13.24 metres was intersected from 16 to 42 metres depth. Twenty-five (25) holes have been completed with 9 holes reported to date. The remaining 16 holes are being processed and assay results will be announced as they are received. Quentin Yarie, MacDonald’s President and CEO commented: “Our 2019 drilling program shows that significant zones of nearsurface, high-grade gold mineralization are present beyond the original footprint of the historic operations of the Scadding Deposit. Having successfully completed the first phase of our diamond drilling program at Scadding, we will now finalize the logging of all remaining drill holes, update our geological model of the deposit and define the next targets for the budgeted early 2020 diamond drilling campaign.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report