MacDonald Mines Closes Additional Private Placement Funds

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES

MacDonald Mines Exploration Ltd. (the "Company") (TSX VENTURE:BMK) announces the
closing of additional funds through a non-brokered private placement offering of
securities (the "Offering") raising gross proceeds of $750,000 through the sale
of flow-through units (the "FT Unit"). The offering price ("Offering Price") was
$0.075 per FT Unit. 


Each FT Unit consists of one flow-through common share of the Company and
one-half of one common share purchase warrant (the "Warrants"). Each whole
Warrant entitles its holder to purchase one non-flow through common share at a
price of $0.15 per share for a period of eighteen months from the date of issue
of the FT Unit.


In connection with the Offering, the Company paid finders' fees of 8.0% of the
gross proceeds raised to Marquest Capital Markets.


The net proceeds of the sale of Units will be used to fund exploration programs
on its Ontario properties. The next exploration program consisting of
approximately 3,000 meters of drilling is scheduled for January 2013 on the
Company's Butler property.


All securities to be issued in connection with the Offering are subject to a
hold period of four month and one day from the date of issuance. Closing of the
Offering is conditional on the receipt of all required regulatory approvals,
including the approval of the TSXV. 


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 detailed information about the Company is available on
the website: www.macdonaldmines.com.


Cautionary Statement: We seek safe harbour.

FOR FURTHER INFORMATION PLEASE CONTACT: 
MacDonald Mines Exploration Ltd.
Brent Nykoliation
Vice President, Corporate Development
[phone]
[phone] (FAX)
[e-mail]


MacDonald Mines Exploration Ltd.
Kirk McKinnon
President & CEO
[phone]
[phone] (FAX)
[e-mail]
www.macdonaldmines.com