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MacDonald Intersects 27.2 g/t and 59.1 g/t at Villeneuve Structure

Jun 17, 2020


MacDonald Mines Exploration Ltd. reports the remaining assay results from its Winter 2020 drilling program and results from 3 holes of its Spring 2020 drilling program at the SPJ Property, 20 km east of Sudbury, Ontario.

Our near-surface drilling continues to significantly extend the lateral footprint of mineralization at the Scadding Deposit," said Quentin Yarie, MacDonald’s President and CEO. "These latest results show that thick, high-grade mineralization, located along the trend of the historic East-West Pit, remains open. The development of a correlation of the IP data with the gold assays has proven a powerful tool. We have paused drilling as we await assays and conduct mapping and field work to evaluate several new trends identified by the large 700m by 700m IP anomaly and the Jovan and Powerline prospects.”

Hole 41 intersected 27.2 g/t gold over 5.13 m in a new, near-surface discovery in the western extension of the New Zone-Villeneuve trend. Hole 43 intersected 2.3 g/t gold over 6.04 m and 2.1 g/t gold over 3.08 m in the New Zone-Villeneuve trend extending the zone of near-surface mineralization discovered in SM-19-022 (Dec. 9, 2019 News Release). The mineralization in the New Zone-Villeneuve trend has been traced over more than 225 metres along strike and remains open along strike and to depth.  These initial results from the Spring program corroborate the recently completed IP survey data used to target the drilling for this year’s program (Figure 1).  Results for another 4 holes drilled this spring are pending and will be announced as they are received.

 



Tags: Northern Ontario / Exploration / Gold / All Articles