The Anglo Rouyn
The Anglo Rouyn Mine is located approximately 10 km to the southeast of the Property and produced copper and gold from 1966 until 1972 (1.7Mt grading 1.7% copper, 1.2 g/t gold and 5.5 g/t silver). This deposit have affinities to a volcanogenic massive sulphide (VMS) deposit and it is believed that the Bob Lake area is underlain by similar geology to that which hosts the Anglo Rouyn deposit.

Geological mapping in the area covered by the recently completed airborne survey indicate that ultramafic rocks are also present. It appears that they have distinct geophysical signatures and consequently it is envisaged that favorable environments for nickel, copper and PGE deposits will be defined.

Kirk McKinnon, President and CEO of MacDonald Mines stated, “We decided to move forward because our collective group of exploration consultants strongly recommended this property. The added benefits of easy access from the town of LaRonge, which will provide major cost savings versus exploration in the James Bay area, also makes the project very attractive. We are now assessing all the available data and will move forward with a drill program in early March 2009 of approximately 2500 metres. We remain cognizant that we must continue to ensure the Company’s ability to operate during these most difficult times, but we are also aware that there will be a turn in this economy and we need to position MacDonald with properties of qualified substance.

I have one question, if BMK started with drill program should we heard something about that?

If they find something then this stock is very cheap?