BMK - 2,500 metre drill program underway on Big Mac
posted on
Apr 11, 2008 11:34AM
Discuss the various junior resource companies within the McFaulds Lake Area
My bag... It seems WSR are drilling on the property they optioned from BMK.
TORONTO, March 31 /CNW/ - MacDonald Mines Exploration Ltd., (TSXV:"BMK")
is pleased to announce that a 2,500 meter drill program has commenced on its
recently optioned Big Mac property in the James Bay Lowlands. Through the
option agreement, WSR Gold Inc. (TSXV:"WSR") will be the "operator" for the
exploration of 701 claim units, totalling approximately 11,200 hectares, in
the "Ring of Fire", Webequie District of Northern Ontario, near Noront's
prolific nickel-copper discovery. The agreement provides WSR with an option to
earn a 75% interest in the BMK Big Mac claims.
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Since February 25, 2008 WSR has:
1. Mobilized and completed construction of a full and complete 20 person
exploration camp with all the required equipment;
2. Mobilized an extensive exploration team;
3. Reviewed flight data and prioritized exploration targets (the
"Targets");
4. Cut ground lines over the Targets and completed a geophysics program
which has further defined the Targets;
5. Delineated a drill program; and
6. Mobilized a drill to the property.
>>
About MacDonald Mines
MacDonald Mines is a TSX-Venture listed, Canadian exploration company
with a deep established history in the exploration of base and precious
metals. MacDonald Mines is currently focusing its exploration in the Sachigo
Greenstone Belt in the James Bay Lowlands of Northern Ontario. With a sizeable
land position of 271 claim blocks (3,982 claim units), totaling over 63,700
hectares, and the identification of numerous high-quality targets from its
latest airborne, the Company has strategically positioned itself as a long
term investment opportunity in the Webequie District of the James Bay
Lowlands.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.