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MacDonald Mines Adds to Land Position
in James Bay Lowlands;
Additional Airborne Surveys Completed, New Quality Targets Outlined
April 30, 3008
MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK)
("MacDonald" or the "Company") is pleased to announce
that it has added 100%-owned new ground to its existing Properties in the
"Ring of Fire" located in the James Bay Lowlands. These new land
positions were selected based on internal Company data as interpreted by
Hadyn Butler, Director, P. Geo. and Bill Nielsen, P.Geo.
The additional land acquisitions total 25,104
hectares (1,569 claim units), bringing the Company's total land position of
its 100%-owned and joint venture Properties (with WSR Gold, Temex Resources,
Canadian Orebodies and Hawk Uranium) in the "Ring of Fire", James
Bay Lowlands to over 88,816 hectares.
Airborne Geophysical Surveys
An airborne geophysical survey of the entire
expanded ground position has just been completed, utilizing GeoTech's
helicopter-borne VTEM system at 100-metre line spacing.
This is being followed up by line cutting of grids
over selected AEM anomalies. Ground geophysical work, consisting of EM and
magnetometer are underway.
MacDonald is defining a significant number of
airborne EM responses that have coincident magnetic signatures. Many have
relatively short strike lengths and bear strong similarities to Noront's
Eagle One signature anomaly. It is interpreted that these offer the best
opportunity to intersect significant nickel-copper mineralization.
Kirk McKinnon, President and CEO commented, "We
are delighted that the latest airborne survey work has produced multiple new
quality targets on this newly acquired ground. These anomalies will be added
to our inventory of selected targets identified from previous airborne
surveys. Many must still be drill tested. These new additions will underpin
our exploration in the James Bay Lowlands and provide MacDonald with quality
drill targets through 2008. The Company's strategy of acquiring quality land
is a continuous exercise that will be fuelled by new data and internal
analysis. As a result of these efforts, we have tactically positioned
MacDonald Mines as a long-term investment opportunity in the James Bay
Lowlands."
Spring Drill Program
The Company's exploration, under the direction of
Bill Nielsen P.Geo., is currently analyzing and assessing the large number of
anomalies outlined from the airborne survey. As well the anomalies we already
have in inventory are being prioritized for upcoming drilling, which will
commence in the late spring.
The Company has a new, fully functioning exploration
camp located on Butler Lake within the McNugget Property. A diamond drill is
on the McNugget Property ready to be positioned for the upcoming spring drill
program.
The prioritization of targets is twofold, in that
the Company, as the managing partner, is targeting its 100%-owned targets as
well as the targets on its joint venture Properties with Temex Resources,
Canadian Orebodies and Hawk Uranium.
Please visit our website at www.macdonaldmines.com to view our latest photos of our camp at Butler Lake. To view our
Properties by name and locations in the "Ring of Fire", select the
link "McFauld's Lake Claim Map - January 2008".
This news release has been prepared under the
supervision of Bill Nielsen, P.Geo., Director, who is the designated
qualified person for the technical information contained in this press
release.
Field exploration for the upcoming drill program
will be managed by Randall Salo, P. Geo.
WARNING: The statements made in this news release
may contain forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ materially from
expectations and projections set out herein.
The TSX Venture Exchange does not accept
responsibility for the adequacy or accuracy of this news release.
For more information, please contact
Email: info@macdonaldmines.com
Website: www.macdonaldmines.com/
(800) 818-5442
(416) 364-4986
(416) 364-2753 (FAX)
Brent Nykoliation
Director, Business Development
J. A. Kirk McKinnon
President and CEO
Richard Schler
Vice President & CFO
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