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Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canada-based advanced exploration company. The Company is primarily involved in the exploration of mineral resources in Canada. Its projects include Joutel Gold Project, Douay Gold Project, Eagle Mine Project, and Morris Project. The Joutel Gold Project is 100% owned by the 50/50 joint venture between Maple Gold and Agnico Eagle Mines Limited (Agnico). The 39 square kilometers Joutel Project is located approximately 70 kilometers (km) southwest of Matagami and 125 km north of Amos. The Douay Gold Project is located in Quebec, Canada, approximately 2.5-hour drive north of Val d'Or 1.25 hours north of Amos via Highway 109. The Eagle Mine Project is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. The Morris is located approximately 30 km east-northeast of the town of Matagami and approximately 110 km north-east from the Douay camp.


TSXV:MGM - Post by User

Comment by aschi1on Aug 11, 2021 3:11pm
189 Views
Post# 33686078

RE:RE:RE:Let us make it simple

RE:RE:RE:Let us make it simpleExactly, Exactly - without any economic Numbers -> means even proven Reserves -> our Resource is just a Numder in the Ground valued as we see right now. 

Hope Highgrade 3D Model bring as a Boost with plenty Speculation of a Reserve 5 Million + as we are waiting for.

Gone with Osisko and Detour Gold they drilled 100000 to 200000 Meters a Year to change Resource into Reserves. So our last three Drill Programms will give us just a Idea where to go on later. I expect a Number between 500k and 1 Mio Ounces to add to our existing Resource.

For now we should have a nice News Flow for the last 4 Month this Year. 

Its all about Agnico to open their Money Box and spend their promised Money faster - otherwise it will take some Years. Best Luck and 0,80 Cent ~ 250 MIO Mkt should be reached within the next Year hopefully.
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