The company is conducting a detailed review and comparison of the assay results from the Scadding gold project with the company's disclosure documents in order to identify and quantify the extent of any incongruities.
These inconsistencies are limited to the Scadding gold project which is not a flagship project for the company nor is there a resource of any kind associated with it. The Glade and Alwyn properties are unaffected.
The company will keep the market updated as further information becomes available.
About
MacDonald Mines is a Canadian exploration company focused on exploring for critical and precious metals in a Metasomatic Iron alkali-calcic (MIAC) mineral system on its 100%-owned, 19,720 ha (197.2 km2)
ON BEHALF OF THE BOARD
“Mike England”
_____________________________
Mike England, INTERIM CEO & DIRECTOR
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995 TollFree: 1-888-945-4770
E-mail: mike@engcom.ca
Forward-Looking Statements
This news release may contain certain “forward-looking statements”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
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