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MacDonald Mines Reports Near-Surface Discovery with Visible Gold

Mining News - Published on Wed, 26 Feb 2020

Image Source: MacDonald Mines
MacDonald Mines Exploration Ltd has reported the assay results from the other half of the high-grade intersection of drill hole SM-19-022 that was announced in December 2019. The intersection between 16.00 and 20.98 metres included significant visible gold; which is an indication of a potential nugget effect. A nugget effect results when a small sampling size fails to adequately represent the composition of the core tested due to the non-uniform distribution of high-grade gold nuggets in the material sampled. MacDonald’s methodology to eliminate bias has been to always send the same side of the split core for assay – regardless of where any potential visible gold is noted. By analyzing the other half of the core of hole SM-19-022 and by averaging the grade of both halves, the gold grade of the intersection has increased by more than 35%.

The Company may or may not conduct whole-core testing of the other intersections that reported visible gold from the 2019 program

The December 2019 results from hole SM-19-022 reported the discovery of a significant zone of near-surface gold mineralization north of the Scadding East-West Pit from 16 to 42 metres depth, intersecting 7.99 g/t gold over 26.2 metres including 10.98 g/t over 4.98 metres and 11.54 g/t over 13.24 metres.

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Posted By : Nishith Sharma on Wed, 26 Feb 2020
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