BMK MacDonald Mines Exploration Ltd

MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald" or the
"Company") reports that it has signed a binding letter of intent with Noble
Mineral Exploration Inc. (TSX VENTURE:NOB) ("Noble") to acquire all of the
property interests of Noble in the James Bay Lowlands - Ring of Fire area. The
transaction includes the 36.75% interest in the MacDonald-Noble Joint Venture
property consisting of 6 claim blocks located in the eastern portion of the
Butler property, which is otherwise 100% owned by the Company.


Kirk McKinnon, President & CEO commented: "The acquisition of these properties
further reflects our commitment to the Ring of Fire area and in particular the
potential of the Butler Property with promising Copper/Zinc, Nickel and Chrome
targets. MacDonald's continues to enhance its land position and the recent
announcement made by Cliff's shows the development commitment being put towards
turning the Ring of Fire into Canada's next mining camp". 


MacDonald's is currently drilling on the Butler property and will provide an
update on the program as results come in. 


Purchase Price 

The purchase price for the properties is as follows:



 a) Cash: $150,000, of which $75,000 will be paid on signing of the         
    definitive purchase and sale agreement (refundable in the event the     
    property is not transferred by the deadline noted in the agreement) and 
    $75,000 paid within 120 days of the transfer of the property,           
 b) Common Shares: the issuance of 3,000,000 common shares of MacDonald, and
 c) Warrants: the issuance of a total of 3,000,000 warrants to acquire      
    common shares of MacDonald, with 1,000,000 Warrants exercisable at a    
    price of $0.30 per share; 1,000,000 Warrants exercisable at a price of  
    $0.50 per share; and the remaining 1,000,000 Warrants exercisable at a  
    price of $0.70 per share, all Warrants to expire after two (2) years    
    from the date of issuance.                                              



All securities issued in connection with this transaction will be subject to the
applicable regulatory hold periods. 


About MacDonald Mines Exploration Ltd. 

MacDonald Mines is a mineral exploration company with an established exploration
history in the Canadian Northlands. MacDonald Mines has set upon a strategic
direction of exploration with particular focus on nickel, chrome, copper, zinc,
vanadium and titanium in the "Ring of Fire" area of the James Bay Lowlands of
Northern Ontario. 


More information about the Company is available at www.macdonaldmines.com.

Cautionary Statement

The foregoing information may contain forward-looking statements relating to the
future performance of MacDonald Mines Exploration Ltd. Forward-looking
statements, specifically those concerning future performance, are subject to
certain risks and uncertainties, and actual results may differ materially from
MacDonald's plans and expectations. These plans, expectations, risks and
uncertainties are detailed herein and from time to time in the filings made by
MacDonald with the TSX Venture Exchange and securities regulators. MacDonald
does not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events or otherwise.
We seek safe harbour.

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