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MacDonald Mines Successfully Intersects High-Grade on EarthLabs's Alwyn Trend Target, SPJ Property

Sep 8, 2022


EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) is pleased to announce that MacDonald Mines Exploration Ltd. (TSXV: BMK) successfully intercepted copper, gold and silver mineralization at EarthLabs's High-Priority "Alwyn Trend" Target. EarthLabs, a leading technology company leveraging artificial intelligence and data science to transform the mineral discovery process, generated targets for MacDonald Mines by combining machine learning and geoscience expertise.

Highlights of Phase 1 Alwyn Trend Drill Program:

  • Broad intervals of mineralization were intersected in all five drill holes in the Alwyn Trend, with up to 2% chalcopyrite, trace bornite and variable pyrite present.
  • 0.41% CuEq (0.17% Cu, 0.36 g/t Au and 0.28 g/t Ag) over 90.44 m in hole AW-22-102, a historically untested area of the Alwyn Trend, including two zones of stronger mineralization.
  • Upper Zone: 41.53 m at 0.53% CuEq (0.24% Cu, 0.43 g/t Au and 0.41 g/t Ag).
  • Lower Zone: 13.00 m at 0.84% Cu Eq (0.29% Cu, 0.82 g/t Au and 0.33 g/t Ag).
  • Mineralized zones are characterized by multi-directional networks of 5-10% quartz-carbonate and carbonate veins and sulfide mineralization.
  • Copper-gold mineralization open in all directions and confirmed over a strike length of 115 m within the 2.5 km Alwyn Trend interpreted by EarthLabs.

Gregory Romain, President and Chief Executive Officer of MacDonald Mines, commented, "These promising drill results at Alwyn certainly supports the work undertaken by EarthLabs machine learning application along with their geoscience team and the MacDonald Mines technical team which identified a potential 2.5 km long trend favorable to host a large polymetallic system. We look forward in continuing to explore Alwyn and the other 4 high priority targets identified by EarthLabs."

Vincent Dubé-Bourgeois, Chief Executive Officer and Director for EarthLabs, commented, "The work from EarthLabs and MacDonald Mines experts, helped highlight these new promising targets, we now have confirmation of mineralization from this first drilling program at Alwyn Trend. We are looking forward to the results of the other priority targets."

Targeting at the SPJ Property

EarthLabs generated gold-focused targets, using our "Smart Targeting" method which combines knowledge-and AI data-driven approaches. Geoscientific interpretations included a new structural map and stress model and new insights on the property's geochemical make-up. EarthLabs generated 53 targets including five high priority Exploration Areas: Alwyn, Glade, McLeod, Scadding Extension and Pine trends



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