Re: Nice run up
in response to
by
posted on
Dec 11, 2009 08:27AM
Yes, a BIG HIT and only more big hits are coming
Prebid is at 0.17, very nice, maybe we wil have some assay results next week, maybe big Nickel hit! This is from last important news:
MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald" or the "Company") announces it has commenced a 2,000 meter diamond drill program in the "Ring of Fire" James Bay Lowlands of Northern Ontario. The drill program will focus on a total of 14 high-priority targets . Geotech Ltd. remodeled geophysical anomalies on two of the Company's prime properties. The drill program is expected to be completed by early November in advance of the winter freeze-up period.
For the Big Mac West Property, a re-interpretation of both airborne geophysics and regional geology has defined 7 high-priority drill targets using matched model equivalents for both Ni-Cu and Cu-Zn mineralization previously discovered by Spider-KWG, Noront Resources, White Pine Resources and MacDonald within the "Ring of Fire" greenstones. The new interpretation has established that the claim block contains discrete coincident airborne magnetic-VTEM anomalies, 4 of which occur in an apparent stratigraphically favorable position and have geophysical signatures similar to the significant VMS discoveries of Spider-KWG at McFaulds Lake. The other three high-priority targets are associated with a strong magnetic complex interpreted to be a layered mafic-ultramafic complex that was drill-intersected previously on MacDonald's adjacent Big Mac Property with targeting designed to find Ni-Cu deposits similar to Noront's Eagle One Ni-Cu deposit. The three VTEM drill targets all exhibit a limited strike length (with coincident magnetics) and are interpreted to be steeply plunging conductive bodies.
All cores are in for assay, Brent says 10 weeks for assay results .
So, if we really see some bigger interests in BMK then it is time for celebration, I hope for one nice HALT and big run up...