Maple Gold Mines Ltd. is pleased to provide an update on winter drilling activities and upcoming exploration plans across the Company's district-scale 400 km² property package in Quebec, Canada. Approximately 10,000 metres have been drilled to-date this year and the Company expects to keep at least one rig active throughout 2022 with total drilling currently anticipated to reach up to 30,000 m. "The Company entered the [...]
Maple Gold Mines is pleased to report final assay results from the Fall 2021 drill program at the Company's Douay Gold Project in Quebec, which is held by a 50/50 joint venture between the Company and Agnico Eagle Mines Ltd.. The JV completed a total of seven holes and roughly 3,420 m under the Fall 2021 drill program, with every hole intersecting multiple intervals of >1 gram per tonne gold . Highlights: Drill hole [...]
Maple Gold Mines is pleased to report the positive results of an updated Mineral Resource Estimate for the Douay Gold Project in Quebec, which is held by a 50/50 joint venture between the Company and Agnico Eagle Mines Ltd.. Total contained gold ounces at Douay have increased along with further conversion from Inferred to Indicated Resources categories based on successful exploration and infill drilling, comprehensive [...]
Maple Gold Mines Ltd. is pleased to announce the resumption of drilling at the Company's Douay Gold Project in Quebec. Douay is held by a 50/50 joint venture between the Company and Agnico Eagle Mines Ltd.. Drill crews are currently completing holes DO-21-314 and DO-21-319 at the Nika and 531 Zones, respectively. One of the two available drill rigs will then be mobilized to commence a planned 4,000-5,000 metre Phase I [...]
Maple Gold Mines Ltd. is pleased to announce that the 50/50 joint venture between the Company and Agnico Eagle Mines Ltd. has added a second rig to the JV's Fall 2021 drill program at the Douay Gold Project in Québec. In addition, a planned Phase I drill program at the Company's 100%-controlled Eagle Mine Property is now expected to commence in January 2022 following a short holiday break. The Company is also pleased to [...]
Maple Gold Mines Ltd. is pleased to announce that further to its news release on November 18, 2021, the Company has completed a "bought deal" brokered private placement of 13,020,000 common shares in the capital of the Company that will qualify as "flow-through shares" of the Income Tax Act and section 359.1 of the Taxation Act ) at a price of $0.54 per FT Share for gross proceeds of C$7,030,800, including 3,720,000 FT [...]
Maple Gold Mines Ltd. is pleased to announce that it has entered into an agreement pursuant to which Cormark Securities Inc. and Agentis Capital , have agreed to purchase, on a "bought deal" private placement basis, 9,300,000 common shares in the capital of the Company that will qualify as "flow-through shares" of the Income Tax Act and section 359.1 of the Taxation Act ) at a price of $0.54 per FT Share for gross [...]
Maple Gold Mines Ltd. is pleased to announce that drilling has resumed at the Douay Gold Project in Quebec, Canada following a short break to prepare for fall and winter operations. Douay is held by a 50/50 joint venture between the Company and Agnico Eagle Mines Ltd.. Fall 2021 drilling is underway at Douay with the first drill rig now on site. A second drill rig is expected to arrive in early December to commence a [...]
Maple Gold Mines Ltd. is pleased to report that the 50/50 joint venture between the Company and Agnico Eagle Mines Ltd. has completed the 100% acquisition of two inlier claim blocks at the JV's Douay Gold Project in Quebec, Canada. In addition, Geotech Ltd. has been contracted to complete a regional high-resolution airborne magnetic and electromagnetic survey to support exploration drill targeting across 266 km² of [...]
Maple Gold Mines Ltd. is pleased to announce plans for a 2,500-3,000 metre Phase I drill program based on the recently completed 3D geological and structural model at the Company's 100% controlled Eagle Mine Property in Quebec, Canada. Eagle is a 77-hectare property that hosts the historical Eagle Mine and covers a key segment of the past-producing Eagle-Telbel Mine Trend, which produced 1.1 million ounces of gold between [...]
Maple Gold Mines Ltd. is pleased to report results from the final nine holes completed during the 10,217-metre winter drill campaign at the Douay Gold Project in Quebec, Canada. Douay is held by a 50/50 joint venture between the Company and Agnico Eagle Mines Ltd.. Highlights: Drill hole DO-21-295 intersected 334.0 g/t gold over 1.0 metre within the western portion of the Porphyry Zone , representing one of the [...]
Maple Gold Mines Ltd. is pleased to report additional results from the final three holes completed in the 531 Zone as well as four regional exploration holes drilled during the 10,217-metre winter drill campaign at the Douay Gold Project in Quebec, Canada. Douay is held by a 50/50 joint venture between the Company and Agnico Eagle Mines Ltd.. Highlights: Drill hole DO-21-310 intersected 28.5 metres of 8.8 g/t gold [...]
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