MacDonald Mines Drills 5.73 g/t Gold over 3.67m, including 17.30 g/t over 1m at Scadding
MacDonald Mines Exploration Ltd. is reporting assay results from 11 holes of its fall 2020 drilling program on the Scadding Deposit ("Scadding") at its SPJ Project, located 40 km east of Sudbury. The company also reports that it has resumed drilling at the Jovan Property ("Jovan") approximately 9 km east of Scadding. Three holes have been completed to date with assays pending while drilling continues.
Drilling highlights from Scadding:
- Hole SM-20-070 intersected, near-surface, 2.04 g/t gold over 12.03 metres, including 6.05 g/t gold over 2.87 metres.
- Hole SM-20-072 intersected 5.73 g/t gold over 3.67 metres, including 17.30 g/t gold over 1.00 metre.
- Hole SM-20-077 intersected 7.41 g/t gold over 1.87 metres, including 17.26 g/t gold over 0.75 metres, indicating that higher-grade mineralization persists at Scadding very close to surface.
Figure 1. Plan map of reported holes at Scadding
https://www.globenewswire.com/NewsRoom/AttachmentNg/f0ffe08d-a17a-493e-8fbf-b0813bb1bd2a
Figure 2. Cross-section of mineralization at Scadding
https://www.globenewswire.com/NewsRoom/AttachmentNg/81e8aff7-f8d2-498b-b654-8314b712651d
Quentin Yarie, President and CEO, comments, "Our latest results continue to expand the gold zone discovered between the historical Scadding underground mine workings and the South Pit. Results are also adding to the near-surface, high-grade gold discovery we made late last year. We are also excited by preliminary results from our current drilling program at Jovan, about 9 km east of the Scadding area. At Jovan, we are testing several gold and gold/polymetallic targets identified in 2018 and corroborated by our latest IP data."
Assay results from another six holes drilled in 2020 at Scadding are forthcoming and will be released when they are received.
Tags: Northern Ontario / Exploration / Gold / All Articles