Property Overview/Description Geological Setting Attributes of MIAC Systems
Current Exploration Targets
Polymetallic Critical Metal Prospects Scadding Mine & Glade Trend Ni-Cu-PGE Prospects

Examples of the Nipissing Event on the SPJ Property– Ni-Cu-PGE mineralization

Highlights

  • Magmatic Ni-Cu-PGE mineralization is a new exploration focus of MacDonald Mines which has already demonstrated Ni-Cu-PGE mineralization in three different Nipissing sills on the SPJ Property 
    • Glade (2022): 0.16 g/t Pd over4.0m with anomalous Cu and Ni in drillhole AG-22-103.
    • Candore (2022) located 4.7 km southwest of SPC Nickel’s Janes Property: 0.65% Cu, 0.21% Ni, 0.098 g/t Pd and 0.044 g/t Pt over 4.4m channel sample. 
    • Jerome (2021): 2.97 g/t Pd, 0.42 g/t Pt, and 0.24 g/t Au over 4.0 m channel sample.
  • Growing potential for additional magmatic Ni-Cu-PGE targets at SPJ as OGS mapping shows many Nipissing dykes/sills crosscutting the property, including the OMI data point New Arcadia, which has historically reported assays of 0.17% Ni, 0.06 oz Pt, 0.19 oz Pd, located ~2 km southeast of Glade.
Ni-Cu-PGE prospects on and adjacent to the SPJ Property. OGS geology from MRD126. *The reader is cautioned that grab samples are selective by nature and do not represent the true metal content of the mineralized zone. **Only Pd assays reported by Minera Capital (41I09NW2039) & only Ni & Cu assays reported by Idrex Exploration (41I09NW0055). The reader is cautioned that the qualified person has not done enough work to verify the historical results.
Ni-Cu-PGE prospects on and adjacent to the SPJ Property. OGS geology from MRD126. *The reader is cautioned that grab samples are selective by nature and do not represent the true metal content of the mineralized zone. **Only Pd assays reported by Minera Capital (41I09NW2039) & only Ni & Cu assays reported by Idrex Exploration (41I09NW0055). The reader is cautioned that the qualified person has not done enough work to verify the historical results.

Glade

  • 2022 drilling confirmed new PGM mineralization potential in the same Nipissing diabase that hosts gold mineralization at Glade, consisting of disseminated pyrrhotite and chalcopyrite.

Candore Showing

  • Historic drilling between 1955-2001 discovered mineralization that consists of semi-massive to massive sulphides – primarily pyrrhotite, with lesser chalcopyrite and minor pyrite occurring as disseminations and minor stringers in Nipissing diabase
    • 0.25 g/t Pd over 7 m and 0.30 g/t Pd over 8 m in drilling by Minera Capital in 2001 (Figure below)
    • 0.26% Cu & 0.12% Ni over 15.79 m in drilling by Idrex Exploration in 1970.
  • Fe metasomatism along strong shearing in Nipissing diabase, resulting in the formation of strong magnetite and chalcopyrite, pyrrhotite and pyrite mineralization.

*The reader is cautioned that the qualified person has not done enough work to verify the historical results.

Historic drilling completed by Mineral Capital Corporation in 2001 (Assessment report ID 41I09NW2039), outline Pd mineralization in Nipissing diabase. Note that report only provides Pd values. The reader is cautioned that the qualified person has not done enough work to verify the historical results.
Historic drilling completed by Mineral Capital Corporation in 2001 (Assessment report ID 41I09NW2039), outline Pd mineralization in Nipissing diabase. Note that report only provides Pd values. The reader is cautioned that the qualified person has not done enough work to verify the historical results.

Jerome Showing

  • 2021 channel sampling results show disseminated chalcopyrite, pyrite, and pyrrhotite carrying prospective concentrations of Ni-Cu-PGE, associated with Nipissing diabase
  • Drilled by True Claims in 2010
    • Successfully intercepted mineralization from surface
    • 0.52 g/t Pd, 0.08 g/t Pt, 0.12% Cu, 0.05% Ni, and 0.04 g/t Au over 4.0 m (TRM-10-017) & 0.043 g/t Pd, 0.06 g/t Pt, 0.07% Cu, 0.04% Ni & 0.03 g/t Au over 4.0 m (TRM-10-018) 

*The reader is cautioned that the qualified person has not done enough work to verify the historical results.