MacDonald Mines Drills 735.5 g/t Gold over 0.96 Metres and 411 g/t Gold over 0.93 Metres within 19.07 Metres of 59.2 g/t Gold in the North Pit Area
Toronto, Ontario – February 27, 2020 – MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) is pleased to announce a strong start to its 2020 definition drilling program in the North Pit area. Hole SM-20-026 intersected 59.2 g/t gold over 19.07 metres (m) in the Bristol Structure, 18 metres north-east of the intersection of 52 g/t gold over 12 metres in SM-19-001 (see Sept. 26, 2019 News Release). The on-going 2020 drilling program is well underway with 9 holes drilled so far. Results will be released as they are received
Quentin Yarie, MacDonald’s President and CEO stated, “The first hole of our 2020 drilling program confirms the presence of significant high-grade gold mineralization in the North Pit area of the Scadding Deposit. Holes SM-19-001 and SM-20-026 indicate continuity for a zone of exceptionally high-grade gold mineralization discovered in the North Pit area. This reinforces the potential for a near-surface high-grade gold resource in the North Pit area as our on-going 2020 drilling program continues to expand the footprint of gold mineralization.”
Table 1. Assay highlights from reported hole
Hole | From (m) | To (m) | Length* (m) | Gold (g/t) | Silver (g/t) | Structure |
SM-20-026 | 58.98 | 78.05 | 19.07 | 59.2 |
| Bristol/Monaco |
including | ||||||
71.00 | 73.96 | 2.96 | 376.8 | 11.2 | ||
Including | ||||||
71.00 | 72.07 | 1.07 | 25.1 | 0.4 | ||
72.07 | 73.00 | 0.93 | 411.0 | 10.0 | ||
73.00 | 73.96 | 0.96 | 735.5 | 24.4 |