Dec 7, 2017 @ 09:11
MacDonald Mines Exploration Ltd. sonic drilling program has discovered gold and silver in the bedrock underneath the Oxide Sands formation at its Wawa-Holdsworth Project. Quentin Yarie, President and Chief Executive Officer of MacDonald Mines stated, ”The elevated sulfur content in bedrock assay samples rich in precious metals supports the conceptual association between precious metals in the bedrock and high sulfides. A large body of sulfides would explain the 1.8 km-long conductor associated with the Oxide Sands that was detected by the MaxMin survey we conducted earlier this year. This opens up a much larger potential as there are numerous other similar conductors on the property. This also suggests that the Oxide Sands are the oxidized cap of a sizeable shear zone extending to depth that is mineralized in gold and silver.”
As part of the sonic drilling program, where it was possible, a short sample of bedrock was collected. Results suggest that the Oxide Sands represents the oxidized cap of a large gold-bearing shear zone. Results from the remaining 342 drill holes may corroborate these initial findings.