MacDonald Mines Up Near 40% As 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

James Bay Lowlands & Bob Lake Saskatchewan

Yes, a BIG HIT and only more big hits are coming

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MacDonald Mines Up Near 40% As 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

posted on Feb 27, 2020 10:41AM

North Pit Area

2020-02-27 10:13:17 AM ET (MT Newswires)

10:13 AM EST, 02/27/2020 (MT Newswires) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) was at last look up near 40% on Thursday after announcing a "strong start" to its 2020 definition drilling program in the North Pit area. According to a statement, Hole SM-20-026 intersected 59.2 g/t gold over 19.07 metres in the Bristol Structure, 18 metres north-east of the intersection of 52 g/t gold over 12 metres in SM-19-001. BMK added the on-going 2020 drilling program is well underway with 9 holes drilled so far, and results will be released as they are received.

Quentin Yarie, MacDonald's President and CEO, in the statement said: "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."