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TORONTO, July 09, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces a non-brokered private placement offering of up to $2,000,000 consisting of: (i) “charity flow-through” Units at a price of $0.135 each (the “Charity FT Unit Offering”) and (ii) “flow-through” Units at a price of $0.10 each (the “FT Unit Offering” and, together...
Read moreTORONTO, July 08, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) reports the results from the last 4 holes of its Spring 2020 drilling program at the Company’s SPJ Property, 20 kilometres east of Sudbury, Ontario. Drilling confirmed that a near-surface and broad zone of gold mineralization is present south of the...
Read moreOver the course of the winter, MacDonald Mines did an IP survey over the historic Scadding mine property. Since receiving the results, MacDonald Mines geological team have spent the better part of the last 5 months pouring over the drilling data both past and present and comparing it to what they learned in the IP survey. In this video, President...
Read moreMacDonald Mines Exploration Ltd. (TSX.V:BMK) is a Canadian precious metals explorer headquartered in Toronto, Canada and primarily involved in the identification, acquisition and development of properties in Ontario, Canada. Led by an experienced management and technical team, the Company has built a portfolio of safe-jurisdiction, infrastructure-rich projects that demonstrate the greatest market potential for return. MacDonald is focused on advancing...
Read moreTORONTO, June 17, 2020 (GLOBE NEWSWIRE) -- 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, 20 km east of Sudbury, Ontario. Hole 41 intersected 27.2 g/t gold over 5.13 m...
Read moreJean Francois Montreuil took the time to tour us around the SPJ property highlighting the companies work over the last 2 years. We tour from Jovan to Powerline and then into the Scadding Mine site while discussing the geological observations made by MacDonald Mines geological team while working on the property. Several exploration companies have explored the region, yet have...
Read moreTORONTO, May 13, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces that, with strict health protocols in place, it has resumed its 2020 drilling program after temporarily suspending operations due to COVID-19 at its SPJ Project, located 40 km east of Sudbury, Ontario. The Company remains well funded as the Spring...
Read moreTORONTO, May 11, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces further assay results from its Winter 2020 drilling program at the SPJ Property, 40 km east of Sudbury, Ontario. Highlights include: Hole 31 intersected 25.15 m of 1.5 g/t gold including 12.8 g/t gold over 1.47 m and 7.8 g/t...
Read moreIntroduction Gold is taking centre stage as the world struggles with the Covid-19 pandemic and over the course of the last year; gold has gone from $1267 USD up to as high as $1789 USD. Deposits that were once uneconomic are being revisited and with gold being forecasted to hit record highs in the months and years to come, we...
Read moreDuring the Coronavirus pandemic, we have seen a crash in the market and many junior mining and exploration companies have felt the effects with their market caps dropping substantially. However, times like these, present opportunities for investors to position themselves accordingly but with so many companies up for sale right now, it's hard to decide where to invest. The streams...
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