TORONTO, ONTARIO--(Marketwired - May 2, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", or the "Company") announces that it has contracted Golder Associates Ltd. ("Golder") to recommend minimum sample spacing requirements to support the eventual completion of a NI43-101 Inferred Resource estimate of the Oxide Sands at the Wawa-Holdsworth Project. Quentin Yarie, MacDonald's President and CEO [...]
TORONTO, ONTARIO--(Marketwired - April 27, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", or the "Company") is pleased to announce that Jay Taylor of Taylor Hard Money Advisors Inc. has initiated coverage of the Company. Mr. Taylor released an advisory on MacDonald Mines to his paid subscribers on April 21, 2017. Mr. Taylor states: "If you are interested in exploration plays, with so many [...]
TORONTO, ONTARIO--(Marketwired - April 25, 2017) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES MacDonald Mines Exploration Ltd. (the "Company") (TSX VENTURE:BMK), further to its press release dated February 14, 2017, has agreed to settle additional of its flow-through mining expenditure obligations (the "Debt") relating to its obligation to indemnify certain purchasers (the "Indemnities [...]
Noble Mineral has been advised that MacDonald Mines has begun metallurgical testing of the oxide sands at the Wawa-Holdsworth project. In the MacDonald News Release dated April 5, 2017 MacDonald states that "It has shipped approximately 100 kilograms of oxide sands to SGS Minerals Services to conduct metallurgical testing and investigate potential processing methods for the Wawa-Holdsworth pyrite prospect. The [...]
TORONTO, ONTARIO--(Marketwired - April 5, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", or the "Company") has shipped approximately 100kg of oxide sands to SGS Minerals Services to conduct metallurgical testing and investigate potential processing methods for the Wawa-Holdsworth Pyrite prospect. The Wawa-Holdsworth Pyrite prospect is a gold and silver bearing, black coloured, "oxidized [...]
TORONTO, ONTARIO--(Marketwired - March 30, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", "MacDonald" or the "Company") is pleased to announce that it has signed a Binding Letter of Intent ("LOI") with Noble Mineral Exploration Inc. ("Noble") to acquire all of Noble's interest in the Holdsworth property (the "Property"), located 25 kilometres northeast of Wawa, Ontario. The Holdsworth [...]
MacDonald Mines announces that it is initiating a bulk sampling program of the oxide sands at its Wawa-Holdsworth Project. The Company also announces that, following consultations with Ontario's Ministry of Natural Resources and Ministry of Northern Development and Mines, neither aggregate licencing nor bulk sampling permissions will be required for the potential extraction of the oxide sands on the Wawa-Holdsworth [...]
MacDonald Mines Exploration is pleased to introduce its new Technical Advisory Committee. The Company believes that these experienced industry professionals with a varied array of expertise and background will be an important asset to the Company as it advances its recently acquired mineral projects. Technical Advisory Committee
MacDonald Mines Exploration is pleased to announce its nominees for the Board of Directors for the annual meeting of shareholders currently scheduled for April 13. Management of the Company believes that its nominees are experienced industry professionals with a wide array of expertise and background, with the capability and energy to advance the Company's recently acquired mineral projects. In addition to Quentin Yarie [...]
MacDonald Mines announced today that it has issued 200,000 Class A common shares of the Company to a purchaser of flow-through shares to settle debt related to its indemnification obligations of tax and penalties incurred in connection with the reassessment of such purchaser's tax return. All common shares were issued at a deemed price of $0.0618 per share. The Common Shares will be subject to a four-month hold period [...]
MacDonald Mines announces that it has begun a core sampling program at its Wawa-Holdsworth Project. The Company is also solidifying its position in the Wawa Gold District and has staked 84 hectares, approximately 10 kilometers southwest of the Wawa-Holdsworth Project. Details of the Core Sampling Program: The Company has begun a systematic analysis of core from the 2008 Drill Program. It is developing a database of the [...]
MacDonald Mines Exploration has begun exploration programs at both its Wawa-Holdsworth Gold Project near Wawa, and its Charlevoix Silica Property located approximately 42 km north of Baie-Saint-Paul. The sampling program conducted at Charlevoix suggest that the high purity quartzite unit mined at the Sitec Silica Mine extends on the property.