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MacDonald Mines Acquires 100% Interest in Holdsworth Property

TORONTO, ONTARIO–(Marketwired – May 4, 2017) – MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) is pleased to announce that, following the execution of a binding Letter of Intent (“LOI”) (as was previously announced in a news release dated March 30, 2017), it has executed a definitive Purchase and Sale Agreement (“PSA”) with Noble Mineral Exploration Inc. (“Noble”) to acquire Noble’s entire interest in the Holdsworth property (the “Property”), located 25 kilometres northeast of Wawa, Ontario. The Property is part of the land that comprises MacDonald’s Wawa-Holdsworth Project.