28
Feb

MacDonald Mines' Winter Program Underway Targeting Copper, Zinc, Gold and Diamonds in the McNugget Property

TORONTO, ONTARIO-- MacDonald Mines Exploration Ltd (TSX VENTURE:BMK) is pleased to announce that the winter exploration program on their McNugget property located in the Attawapiskat area of James Bay in Northern Ontario is underway. The winter program will consist of line cutting of three grids and subsequent detailed magnetic, horizontal loop EM and gravity surveys to follow. A 4,000 meter diamond drilling program will begin targeting known geophysical anomalies as well as drill testing any favorable responses defined by the current geophysical surveys.

VMS Target

 

The first target area extends the newly discovered "Campbell Zone" with the intention of providing detailed geophysical information needed to extend the strike length of the underlying copper-zinc bearing massive sulphide horizon (see press release December 18, 2006 for assays). The Campbell Zone has an airborne geophysical signature that can be traced for several kilometers. Drilling in 2006 intersected 3.59 meters averaging 0.16% Cu and 7.46% Zn in Hole MN-06-20, 11.72 meters averaging 0.36% Cu and 2.62% Zn in Hole MN-06-17 and 2.73 meters averaging 0.33% Cu and 6.95% Zn in Hole MN-06-22. The massive sulphide horizon has been traced y drilling over a strike length of 250 meters and is open to the east and west. It is interpreted that this stratigraphic massive sulphide horizon defined by airborne geophysical surveys extends for many kilometers over the McNugget Property.

The Pullen Grid - Gold Target

Located in the northwest part of the claim group where surveys will better define the nature of the complex airborne magnetic and electromagnetic response, which is interpreted to be a series of fault zones at a structural fold nose. The area is believed to possess strong potential for mesothermal gold deposits as well as VMS style mineralization.

The Salo Grid

A third grid will cover much of the eastern part of the property where numerous high resolution airborne magnetic and electromagnetic anomalies are situated. Current geophysical survey results will aid in discriminating drill targets for the current program.

Kimberlite Target

In addition to the base metal and gold targets on the McNugget Property, Macdonald Mines will also drill test some of the previously defined airborne magnetic anomalies believed to be caused by kimberlite. DeBeers is currently bringing the Victor Pipe located to the east of the McNugget Property into production which is ample proof that economically diamondiferous kimberlites exist in the region.

Diamond drilling is scheduled to begin on March 8th with geophysical surveying to be completed by mid March.

The Company will again stage the NcNugget exploration program out of the First Nations Community of Webequie, which is located approximately 27km west of the McNugget property. The community continues to provide excellent logistics support, which facilitates a very efficient exploration program.

Press Release Disclaimer Statement and Contacts

WARNING: The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.

 

For further information: please contact J. A. Kirk McKinnon, President and CEO (416)364-4986,(416) 364-2753 (FAX), , or Richard Schler, Vice President & CFO, (416) 364-4986, (416) 364-2753 (FAX), This email address is being protected from spambots. You need JavaScript enabled to view it. '; document.write(''); document.write(addy_text46359); document.write('<\/a>'); //-->\n This email address is being protected from spambots. You need JavaScript enabled to view it. , www.macdonaldmines.com/