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MacDonald Mines Exploration Ltd.
Summary
| Project: | SPJ | |
|---|---|---|
| Deposit: | Villeneuve | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/17/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-6-2020: MacDonald Mines Exploration Ltd. announces an Exploration/Drilling Update report for its Villeneuve deposit at the SPJ project. Drilling results incl. 5.13m @ 27.2g/t Au from 11.76m. Toronto, Ontario – June 17, 2020 – MacDonald Mines Exploratio | |
| Resources: | x | |
| CP/QP: | [Overall Report] Quentin Yarie (Internal) | |
| ABSTRACT: | Toronto, Ontario – June 17, 2020 – MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) reports the remaining assay results from its Winter 2020 drilling program and results from 3 holes of its Spring 2020 drilling program at the SPJ Property, 20km east of Sudbury, Ontario. Hole 41 intersected 27.2 g/t gold over 5.13m in a new, near-surface discovery in the western extension of the New Zone-Villeneuve trend. Hole 43 intersected 2.3 g/t gold over 6.04m and 2.1 g/t gold over 3.08m in the New Zone-Villeneuve trend extending the zone of near-surface mineralization discovered in SM-19-022 (Dec. 9, 2019 News Release). The mineralization in the New Zone-Villeneuve trend has been traced over more than 225 metres along strike and remains open along strike and to depth. These initial results from the Spring program corroborate the recently completed IP survey data used to target the drilling for this year’s program (Figure 1). Results for another 4 holes drilled this spring are pending and will be announced as they are received. | |
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