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Macdonald Mines Exploration ( (TSE:BMK) ) has issued an update.
MacDonald Mines Exploration Ltd. announced initial results from its January 2025 drilling program at the SPJ Project, revealing significant gold mineralization in the North Pit area of the Scadding Gold Deposit. The results, including a notable intersection of 5.06 g/t gold over 5.40 meters, support the potential for future mineral resource estimation and align with the company’s strategy to explore the McLaren Fault Zone for copper-gold deposits.
More about Macdonald Mines Exploration
MacDonald Mines Exploration Ltd. is a mining company focused on the exploration and development of mineral properties. It operates primarily in Ontario, Canada, with a focus on gold exploration at its SPJ Project near Sudbury.
YTD Price Performance: 40.0%
Average Trading Volume: 85,539
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$2.76M
See more insights into BMK stock on TipRanks’ Stock Analysis page.