MacDonald Mines Exploration Ltd. announces the first phase of its exploration program at its SPJ IOCG property near Sudbury. The exploration program will consists of 1,500 to 2,000m of oriented diamond drilling on the Scadding Deposit and regional prospecting on the larger SPJ property. The objectives of MacDonald’s 2019 drilling program are to confirm and expand zones of high-grade gold mineralization in the [...]
MacDonald Mines Exploration Ltd. reports that a review of historical surface exploration data suggests that copper and cobalt are anomalous in the Scadding Deposit. The Scadding Deposit produced 914 kg of gold from 127,000 tonnes of ore grading 7.2 g/t between 1984 and 1990 . The potential to discover new zones of gold-copper-cobalt mineralization on the Company’s 10,647-hectares SPJ Project is significant. Quentin [...]
MacDonald Mines Exploration Ltd. expands the information on the exploration potential of its newly acquired Scadding Mine, located 50 kilometres from Sudbury, Ontario. The mine produced 914 kg of gold from 127,000 tonnes of ore grading 7.2 g/t between 1984 and 1990 . It included three shallow pits and an underground ramp development in the Central Zone. Schematic of mineralization at the Scadding Mine Attributes of the [...]
MacDonald Mines Exploration Ltd. announces that it has signed definitive agreements with both Northern Sphere Mining Corp. and Currie Rose Resources Inc. , to purchase a 100% interest in the leases comprising the Scadding Mine, as well as additional mineral claims that surround the permitted Scadding Mine site , which is located east of Sudbury in Northern Ontario . Location of Scadding Mine site and surrounding mineral [...]
MacDonald Mines Exploration Ltd. provides update on the fieldwork it is conducting at its Jovan-Powerline Project near Sudbury, Ontario. Following impressive results from an initial prospecting program, channel samples were collected to identify new zones of polymetallic mineralization and better understand the geology of the area. Location of trenches on the Jovan-Powerline Project Highlights from channel samples [...]
MacDonald Mines Exploration Ltd. provides update on recent and ongoing fieldwork at its newly optioned Jovan and Powerline properties, located near Sudbury, Ontario. Jovan-Powerline Project Mechanized stripping on the Powerline Property uncovered several zones of variably brecciated and mineralized albitites alteration) like those found at the historic Scadding and Norstar mines. These zones are typically associated with [...]
MacDonald Mines Exploration Ltd. , further to its press release dated August 31, 2018, has settled the previously announced flow-through mining expenditure obligations relating to the obligation to indemnify certain purchasers in respect of tax and penalties payable in connection with the reassessment of such purchasers’ tax returns, with the issuance of Class A common shares of the Company . The Company and certain [...]
MacDonald Mines Exploration Ltd. has received assay results from 24 grab samples taken on its Jovan Property, located near Sudbury, Ontario. The sampling was conducted to validate the metal content of the known showings on the property and to test the surrounding geology. Highlights: High-grade mineralization exists on the property with gold equivalent grades up to 83.8 g/t in selective grab samples*; Some of the [...]
MacDonald Mines Exploration Ltd. , further to its press release dated December 23, 2015, has agreed to settle additional of its flow-through mining expenditure obligations relating to the obligation to indemnify certain purchasers in respect of tax and penalties payable in connection with the reassessment of such purchasers’ tax returns, with the issuance of Class A common shares of the Company . The Company and [...]
TORONTO, July 26, 2018 -- MacDonald Mines Exploration Ltd. announces it has completed a mobile magneto tellurics survey, the most advanced generation of airborne audio frequency magnetics technologies, over the Wawa-Holdsworth Project. Expert Geophysics Limited’s MobileMT system on survey Quentin Yarie, President and Chief Executive Officer of MacDonald Mines stated, “We are excited to be one of the first [...]
TORONTO, July 19, 2018 -- MacDonald Mines Exploration Ltd. announces it has strategically staked an additional 177 claims covering 3,915 hectares around its newly acquired Powerline and Jovan Properties, near Sudbury, Ontario. The Company now controls 5,376 hectares in this under-explored polymetallic gold district that exhibits similarities to the Idaho Cobalt Belt with IOCG-like mineralization. Map of newly staked [...]
TORONTO, July 18, 2018 -- MacDonald Mines Exploration Ltd. announces that it has signed a definitive agreement to acquire a 100% interest in the Jovan and Powerline Properties , located within 40 kilometres of Sudbury, in Northern Ontario. The Properties are ideally located close to roads, power lines and a skilled labour force . Location map of Jovan and Powerline Properties Jovan and Powerline Properties Highlights Over [...]
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