TORONTO, Nov. 28, 2017 -- MacDonald Mines Exploration Ltd. announces that it has received gold and silver assays for most of the remaining trenches across the Oxide Sands zone. Trenches 650, 675, 700, 775S, 1200, 1250, 1250SE, 1400 and 1700 all produced positive gold and silver results. Plan map of trenching locations with gold AuEq values Table 1 highlights the recently received results from the on-going sampling. The [...]
TORONTO, Nov. 09, 2017 -- MacDonald Mines Exploration Ltd. announces that it has completed its Trenching and Sonic Drilling Programs that were designed to assess the extend of the Oxide Sands trend at its Holdsworth Gold Project. Figure 1. Plan map of trenching locations with gold AuEq values Figure 2. Location of Reed-Booth Showing Quentin Yarie, President and Chief Executive Officer of MacDonald Mines stated, "Our [...]
TORONTO, Oct. 03, 2017 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V:BMK) ("MacDonald Mines", the "Company", or “BMK”) announces that it has received gold and silver assays on 7 trenches across the Oxide Sands zone. Trenches 950, 975, 1000, 1025 and 1050 produced positive gold (Au) and silver (Ag) results. Table 1 highlights the recently received results from the on-going sampling. The spatial [...]
TORONTO, Sept. 27, 2017 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V:BMK) ("MacDonald Mines", “MacDonald”, or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding (“MOU”) with the Michipicoten First Nation (“MFN”). The MOU outlines a clear and mutually agreed upon process for consultation between the parties during the exploration [...]
TORONTO, Sept. 20, 2017 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V:BMK) ("MacDonald Mines", the "Company", or “BMK”) announces that it has initiated an approximate 2000 metres sonic drilling program of the Oxide Sands at its Wawa-Holdsworth Gold Project. Quentin Yarie, President and Chief Executive Officer of MacDonald Mines stated, "Our exploration program to date has shown that the precious [...]
TORONTO, ONTARIO--(Marketwired - Aug. 31, 2017) - Further to the news release dated August 30, 2017, MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", the "Company", or "BMK") wishes to clarify the trenching and sampling methodology of the Oxide Sands at the Wawa-Holdsworth Gold Project. Oxide Sands Trenching and Sampling Procedure MacDonald's trenching program is exposing the uppermost layers of the [...]
TORONTO, ONTARIO--(Marketwired - Aug. 30, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", the "Company", or "BMK") announces that it has received gold and silver assays on 6 trenches across the Oxide Sands zone. Trenches 725, 750, 775, and 825 produced positive gold (Au) and silver (Ag) results. Table 1 highlights the recently received results from the on-going sampling. The spatial [...]
TORONTO, ONTARIO--(Marketwired - Aug. 24, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", "MacDonald" or the "Company") is encouraged by the announcement made on August 21, 2017 by Premier Kathleen Wynne and the Chiefs of Marten Falls, Webequie and Nibinamik First Nations, which formally committed provincial funding to two First Nations road proposals that will provide community and [...]
TORONTO, ONTARIO--(Marketwired - Aug. 9, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", the "Company", or "BMK") announces that it has received final gold assays on 4 trenches across the Oxide Sands zone. Trenches 725, 750 and 775 produced positive gold (Au) results. No significant results for gold (Au) were detected in trench TR-800 which crossed a road and where only disturbed material [...]
TORONTO, ONTARIO--(Marketwired - Aug 2, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", the "Company") is pleased to announce a non-brokered private placement for gross proceeds of CAD$500,000(the "Offering"). The Company intends to close the Offering on Wednesday August 2, 2017 subject to the receipt of all regulatory approvals including the approval of the TSX Venture Exchange. The [...]
TORONTO, ONTARIO--(Marketwired - Aug. 1, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", the "Company", or "BMK") is pleased to provide an update on the on-going exploration program on the Oxide Sands at its Wawa-Holdsworth Project (Figure 1). Highlights from the trenching Program: Oxide Sands observed in trenches over a strike of 1.1 km between TR-600 and TR-1700, expanding the known [...]
TORONTO, ONTARIO--(Marketwired - July 18, 2017) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES MacDonald Mines Exploration Ltd. (the "Company") (TSX VENTURE:BMK), further to its press release dated April 25, 2017, has agreed to settle additional of its flow-through mining expenditure obligations (the "Debt") relating to its obligation to indemnify certain purchasers (the "Indemnities") in [...]