MacDonald Mines Exploration Ltd. announced the results of its ongoing drill program undertaken at the Glade Gold Trend (“Glade”) on its 100% owned SPJ Property (“SPJ”) near Sudbury, Ontario. Intersections of broad and near-surface zones of gold mineralization starting between 6 and 100 m vertical depth Hole AG-22-103 – Multiple zones of near-surface gold mineralization within an untested area of the Glade gold trend, including one zone of stronger mineralization Upper Zone – 0.47 g/t gold over 8.5 m. Middle Zone – 0.71 g/t gold over 10.35 m. Lower Zone – 0.82 g/t gold over 40.5 m including 7.76 g/t gold over 2.9 m. Hole AG-22-105 – Broad zone of near-surface gold mineralization. 0.72 g/t gold over 37.45 m including 16 g/t gold over 1 m. Mineralization remains open in all directions:- The combination of channel sampling and diamond drilling confirmed the presence gold mineralization at Glade over a strike length of >350 m. Earthlabs Inc. (“Earthlabs”) (formerly GoldSpot Discoveries Corp.) identified high-priority and moderate priority targets at Glade spanning a strike length of approximately 3 km.

Results support the potential of an extensive gold mineralization trend at Glade. Identification of PGM mineralization in the Glade Nipissing intrusion. 0.16 g/t Pd over 4.00 m in AG-22-103 with anomalous Cu and Ni at the contact(s) of the intrusion(s).

Results are indicative of a PGE-Cu-Ni bearing intrusive unit. MacDonald Mines Phase 1 2022 drilling program consisted of 693 m of oriented diamond drilling at the northern end of a 1.0 km-long high-priority target identified by Earthlabs at Alwyn, as well as 502 m of oriented diamond drilling at Glade. During the 2022 drill program, 502 m of drilling tested the Glade Gold Trend following positive drilling and trench work completed in 2021.

Gold mineralization appears to follow the upper and lower contacts of a Nipissing intrusion (Glade Nipissing diabase) with Huronian sedimentary rocks, potentially spanning a 3 km east-southeasterly trend, as indicated by Earthlabs targeting results. 2022 drilling in the Glade Gold Trend successfully intersected gold mineralization down dip and laterally from Au-bearing quartz veins and zones of strong alteration hosted in the Glade Nipissing diabase and the Espanola Limestone that were identified in 2021 drilling and trenching campaign. Gold mineralization has now been confirmed in the Glade Gold Trend over a strike length of 350 m. The intersection of three gold zones in hole AG-22-103 suggests a potential for stacked zones of gold mineralization in the Glade Gold Trend.

In the two upper gold zones in hole AG-22-103, and in holes AG-22-104 and AG-22-105, gold mineralization is associated with multidirectional networks of quartz veins hosted in the Glade Nipissing Diabase. Surface work indicated that the networks of quartz veins associated with gold mineralization are oriented E-W to N-S. Drilling was planned to intersect all the network of quartz veins observed in the Glade Nipissing Diabase. In the lower zone of gold mineralization in hole AG-22-103, gold mineralization straddles the contact between the Glade Nipissing Diabase and the Espanola Limestone and is associated with strong alteration fronts.

In the Nipissing diabase, the mineralized alteration fronts occur as chlorite replacements that are comparable to alteration associated with gold in the Scadding Deposit located 800 m north.