Maple Gold Mines Ltd. is pleased to provide a brief corporate recap of key developments during the first half of 2019 and H2 outlook as the Company enters the back half of 2019. 3D Geological Model: One of Maple Gold's primary objectives has been bringing the quality of technical work to major company standards. The Company's exploration team and technical committee leaders have significant major-company experience to [...]
Maple Gold Mines Ltd. is pleased to report assay results from the four drill-holes completed at the Nika Zone during this winter's campaign. These drill-holes build upon last year's 50m @ 1.77 g/t Au intercept in DO-18-218 that helped establish a new zone of mineralisation not included in past resource estimates. This year's drilling included two aggressive step-out holes to test for further mineralisation up-dip and [...]
Maple Gold Mines Ltd. is pleased to report additional results within the Porphyry Zone from its 6,045 metre winter 2019 drilling campaign. The Company drilled a total of eight holes within the Porphyry Zone, with all eight holes intersecting gold mineralisation. Targets in the Porphyry Zone were selected with the aim of extending known zones with higher than deposit-average grades, both near-surface and at moderate [...]
Maple Gold Mines Ltd. is pleased to report results from the 40.4 line-km winter Induced Polarization program, for which the final report was recently received. Highlights include the definition of several combined high chargeability and low resistivity targets east of and along trend from the resource area, as well as more subtle but broad and continuous chargeability highs to the NE. This IP program was designed to test [...]
Maple Gold Mines Ltd. is very pleased to report assay results from the lone 531 Zone hole drilled in the winter 2019 campaign. This drill-hole was selected using the Company's recently established 3D model. This hole was designed to test the down-dip continuity of mineralisation defined from historical drilling in 1992, as well as to test for potential New Gold Inc. zones to the south. The results stand out not only for [...]
Maple Gold Mines Ltd. is pleased to report initial results from the Porphyry Zone, where the Company has now received assays for three complete drill-holes. The highlighted intercepts below are from two drill-holes within the central portion of the Porphyry Zone, collared approximately 540m apart . DO-19-256 demonstrated the presence of higher-grade mineralisation near-surface, cutting 16m averaging 1.57 g/t Au from 77m [...]
Maple Gold Mines Ltd. has completed its winter 2019 drilling program, with approximately 6,050 metres drilled in 15 holes, distributed across the Nika, Porphyry, 531 and Exploration Target areas . Several of the drill-holes were drilled to greater than planned depths as a result of visually significant sulfide mineralisation noted at the originally planned depths. The primary objective of this work was to demonstrate [...]
: Maple Gold Mines Ltd. has recently completed an Induced Polarization survey with Abitibi Geophysique using their OreVision technology, along strike to the east and northeast of the 6 km long resource area. The survey included 400m-spaced lines covering a total of approximately 40 line-km, over a very sparsely drilled 15 km2 area . Data inversions and interpretations are pending. IP technology has progressed [...]
Maple Gold Mines Ltd. is pleased to report that a third drill rig has arrived at site and has been mobilized to an area located about 1km south of the Porphyry Zone . Very limited historical drilling of this target area returned several high-grade intercepts, including up to 17.5 g/t Au over 1.5m . The Exploration Target has a very similar magnetic response to the Porphyry Zone and is also very similar geologically with [...]
Maple Gold Mines Ltd. has officially commenced drilling with Orbit Garant's first drill rig, currently at a depth of 125m downhole at the first drill site in the Nika Zone. This first drill-hole, DO-19-255, is targeting the near-surface extension of last' year's best intercept in the Nika Zone , which returned 50 metres averaging 1.77 g/t Au . The second drill-hole will test the depth continuity of the same intercept [...]
Maple Gold Mines Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement financing to up to C$2,600,000 with support from one of its largest shareholders. On March 15, 2019 the Company announced its intention to raise up to C$2,300,000 in flow-through financing through the issuance of 18,400,000 common shares at a price of C$0.125 per share. The additional C$300,000 in [...]
Maple Gold Mines Ltd. has received permits for drill roads and drill pads and is now cleared to commence a planned 5,000 - 6,000 metre drill program. New mineralized zones defined during 2018 drilling at Nika, and in several areas with higher-than-expected grade intercepts at the Porphyry zone, both offer significant opportunities to add to the deposit resource base at higher-than-deposit average grades. This focused [...]
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