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To: Goose94 who wrote (1437)8/7/2013 10:47:56 AM
From: Goose94Respond to of 203665
 
MacDonald Mines Exploration (BMK-V) drills 41.5 m of 0.4% Cu at Butler 4 - Stay away consolidation in the works.

Aug 7, 2013 - News Release MacDonald Mines Exploration Ltd. has received the results from its spring 2013 drill program targeting volcanogenic massive sulphides in the Ring of Fire. Two drill targets were tested during the program over the Butler 3 and Butler 4 targets respectively. The Butler 3 drilling did not hit appreciable copper or zinc mineralization, but did intersect hydrothermally altered felsic and intermediate volcanic rocks that are indicative that the drill holes are proximal to a large VMS body. The Butler 4 drilling intersected copper and zinc mineralization that Company geoscientists believe to be associated with stratabound mineralization that extends to depth.

"MacDonald is keenly aware that the market, especially today, is only motivated by huge success. James Bay exploration is tough, it is a wetland with little outcrop. Consequently we must utilize drill results for ongoing quantification that further exploration is warranted. The Butler 3 and Butler 4 targets have all the necessary components for discovery: -- A large heat source (ultramafics, proven komatiates) -- Laterally extensive alteration (a large system) -- Known mineralization; zinc, copper, silver and lead -- Secondary mineralization typically associated with larger VMS systems - tin, enrichment of P2O5 "icelandite" -- Geophysical signatures (EM, IP, magnetics, and gravity)

We believe we are now moving to the final stages of our exploration efforts. We have quantified geochemical, geophysical and geological (structural) targets and are working on prioritizing these for the next stage of exploration. We expect to be drilling in the fall of 2013 after a full compilation of the data." - Kirk McKinnon, President & CEO

Two drill holes (BP13-CU19 and CU20), were drilled on the Butler 3 geochemical/geophysical anomaly. No appreciable copper or zinc mineralization was intersected within these drill holes, however the lithologies intersected sodium depleted intermediate and felsic volcanic rocks. This geochemical signature represents a classic alteration vector for VMS mineralization, and leads Company geoscientists to the conclusion that VMS mineralization is to the south-west.

The targeting of the south-west likely represents the extension of the mineralized zone intersecting in drill hole BP12-Cu14. It appears that BP12-Cu19 and BP12-Cu20 are lateral to the mineralized zone. -- Hole BP12-Cu14 intersected 41.5m of 0.4% Cu, 3.26% Zn and 6g/t Ag -- Including: -- 12.5m of 8.54% Zn and 6.24 g/t Ag -- 5.0m of 1.18% Cu, 3.86% Zn and 14.48 g/t Ag

The target area to the south-west is corroborated by a coincident EM and IP anomaly. Before drilling this target however, the Company intends to conduct a robust structural analysis of the existing drill holes under the direction of Rogerio Noal Monteiro, Ph. D. (Vektore Exploration and Consulting). This data will be used in conjunction with the geochemical and geophysical vector analysis to guide drill targeting.

Drill holes BP13-CU21 and CU22 were drilled on the Butler 4 geophysical anomaly (with coincident IP and EM geophysical anomalies). BP13-CU22 intersected 7.50% zinc over a 3 metre interval, and 0.23% copper over 2 metres. Drill hole BP13-CU21 intersected 0.15% copper over a 12 metre interval. These drill intersections are significant in that they pierced the upper edge of a large sub-vertical electromagnetic plate that was postulated to be associated with VMS mineralization. Now that the Company has verified that this geophysical target is associated with copper and zinc mineralization, a detailed analysis of the structural geology will be undertaken on the target. This information, in conjunction with geochemical and geophysical analysis will be used to develop discrete drill targets.

On-site Quality Assurance/Quality Control Measures

All samples have been shipped to ACTLABS preparation laboratory in Thunder Bay Ontario. Analyses will be performed in the ACTLABS laboratory in Ancaster or Thunder Bay, Ontario. All core samples were selected by the MacDonald Mines site geologist, and were cut in half by diamond core saw. Individual samples were labelled, placed in plastic sample bags and sealed. Groups of samples were then placed into durable rice bags that shipped out on an ongoing basis. The remaining coarse reject portions of the samples remain in storage at the ACTLABS preparation laboratory storage facility in Thunder Bay as required in the event that further work is needed.

Independent Quality Assurance and Quality Control Protocol

A QA/QC program has been implemented to monitor all assays from the current drilling program. Samples are assembled batches and are continuously leaving the site for immediate testing. Included in each batch of samples are certified reference standards every 20 samples and blank samples comprised of sterile drill core placed in at random locations (approximately every 20-30 samples).

Qualified Person

Quentin Yarie, P.Geo., is the qualified person in regard to the technical data contained within this news release and will be responsible for overseeing all aspects of the Company's exploration programs.

We seek Safe Harbor.



To: Goose94 who wrote (1437)5/2/2014 8:07:47 PM
From: Goose94Read Replies (1) | Respond to of 203665
 
Other goodies in the Ring of Fire, unknown jewellery boxes yet to be discover.

Dear MacDonald Mines (BMK-V) Enthusiast,

The long awaited announcement on April 28, 2014 by the Ontario Government that it would commit $1.0 Billion to develop an all-season transportation and power corridor into the James Bay- Ring of Fire (“ROF”) region is great news for all stakeholders. The area, located about 500 kilometres northeast of Thunder Bay, is home to one of the world’s largest and “richest” chromite deposits.

The lack of a transportation route has severely impacted the development of the ROF region – identified as one of the most significant mineral regions in the province. Cliffs Natural Resources Inc. announced the halt of the planned $3.3 billion development of its Big Daddy Chromite Discovery in November 2013 citing the uncertain timeline and risks associated with having the necessary infrastructure in place to bring its project online.

Ontario’s infrastructure pledge is good news for the region and for MacDonald Mines. Our Butler Property, located 47 kilometres south-west of Webequie, Ontario is presently only accessible by float plane or helicopter.

Quentin Yarie, MacDonald’s President and COO stated “There is certainly the potential for discovering a world-class Volcanic Massive Sulfide (VMS) deposit at Butler and the construction of a road and associated infrastructure will be extremely beneficial to our project as we continue our exploration program and further develop the property. We trust that it will also bring sustainable economic benefit to the First Nation Communities that we work with in the ROF region”.

Qualified Person

Quentin Yarie, P.Geo., is the qualified person in regard to the technical data contained within this news release and is responsible for overseeing all aspects of the Company’s exploration programs.

About MacDonald Mines

MacDonald Mines Exploration Ltd is a mineral exploration company headquartered in Toronto, Ontario, Canada. The company is strategically focused on Copper and Zinc (VMS), and Nickel exploration in the Ring of Fire area of the James Bay Lowlands of Northern Ontario. The Company's common shares trade on the TSX Venture Exchange under the symbol “BMK”. To learn more on Ontario’s pledge: toronto.ctvnews.ca

Quentin Yarie
President and Chief Operating Officer
Phone: 416-364-7029
Email: qyarie@redpineexp.com

Mia Boiridy
Investor Relations
Phone: 416-364-7029
Email: mboiridy@redpineexp.com