MacDonald Mines Drill Program Underway in James Bay Lowlands
posted on
Jul 11, 2008 08:57AM
Discuss the various junior resource companies within the McFaulds Lake Area
MacDonald Mines Drill Program Underway in James Bay Lowlands
TORONTO, Jul 11, 2008 (Canada NewsWire via COMTEX News Network) --
MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald" or the "Company") is pleased to announce it has commenced it's 2008 drill program. The drill program will cover multiple targets on five project areas in the "Ring of Fire" District of the James Bay Lowlands and will operate through to the end of October 2008. The drill is currently positioned on the McNugget Property in close proximity to MacDonald's Butler Camp.
Drill Program Recap
Approximately 40 holes, totaling 8,000 metres will be diamond-drilled within five of the Company's project areas, where each individual project area represents a separate property within MacDonald Mines' extensive land position of 86,000+ hectares. The five properties are made up of distinct but separate claim groups distributed over a wide geographical area that is underlain by similar geology.
The drill program will focus on geophysically defined targets on the following five Project Areas;
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1. McNugget Property (100% MacDonald owned, including 6 claim Hawk
Uranium JV Property)
2. Salo Property (100% MacDonald owned)
3. Wellington Property (MacDonald, Canadian Orebodies, Coordinates
Capital Corp.)
4. Adelaide Property (MacDonald, Temex, Canadian Orebodies)
5. Hornby Property (MacDonald and Temex)
>>
MacDonald is modeling its drill targets using criteria from previous drilling, current exploration information and MacDonald geological data. Kirk McKinnon, President and CEO commented, "MacDonald is very fortunate in that we have more high-quality targets to drill than time will allow before the Winter freeze in late October. Our exploration team has outlined targets that bear the necessary Noront-style signatures and features, and it is these targets where the potential is highest to host mineralization of significance."
This news release has been prepared under the supervision of Randall Salo, P.Geo., Field Exploration Manager, who is the designated qualified person for the technical information contained in this press release.
WARNING: The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.
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SOURCE: MacDonald Mines Exploration Ltd.
Email: info@macdonaldmines.com, Website: www.macdonaldmines.com, (800) 818-5442, (416) 364-4986, (416) 364-2753 (FAX), Brent Nykoliation, Director, Business Development, J. A. Kirk McKinnon, President and CEO, Richard Schler, Vice President & CFO
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