š Maple Gold Newsletter - 06/30/22 š We hope you are enjoying these first few weeks of summer.
As we close out Q2/22, Maple Gold is advancing aggressive step-out and discovery drilling programs across our entire Qubec project portfolio. Winter 2022 drilling at Douay and Phase I drilling at Eagle are now both complete, with Phase II drilling at Eagle nearing completion. Preparations are also well underway for the JV’s supplemental C$4.8M deep drilling program at Joutel/Douay starting in Q3/22.
In addition, our targeted marketing efforts in Canada and Europe continue to build investor awareness and create a broader following in advance of a busy H2/22. As a leading Canadian gold explorer, Maple Gold remains ideally positioned to succeed despite ongoing weakness in the broader equity markets.
June Highlights:
• Announced drill results from the Company’s Phase I campaign at the 100%-controlled Eagle Mine Project, which included 6.4 g/t gold over 3.0 meters within 4.0 g/t over 7.5 meters
• Nearing completion of Phase II drilling at Eagle (assays pending), with over 7,800 meters drilled at Eagle YTD and the 12th hole of the drill program in progress
• Completed Winter 2022 drilling at Douay (assays pending)
• Completed initial data review in collaboration with Agnico Eagle’s in-house geophysical consultant from the regional airborne Mag-EM survey that covered the western half of Douay and all of Joutel (final results pending)
• Further planning and permitting completed as the JV prepares to commence the first ever deep (1,500 - 2,200 m per hole) drilling program at Joutel/Douay as part of a supplemental C$4.8M budget for FY 2022
• Introduced Maple Gold to more than 100 high net worth retail investors during an extensive European roadshow in London, Zurich, Geneva and Paris in early June
• Engaged with investors, equity research analysts and other mining companies at the well-attended PDAC Conference in Toronto, Canada from June 13-15
• Met with a select group of institutional investors and Qubec funds at THE Mining Investment Event of the North in Qubec City, Canada's first invitation-only Tier I mining conference
• Noble Capital Markets, Agentis Capital and Stonegate Capital released updated research reports this month on the back of Phase I drill results at Eagle (see links below)
• The Company held its AGM on June 24th with all matters approved Sample turnaround times remain challenging across the industry; however, assays continue to come in and investors can anticipate new results from both Douay and Eagle in the coming weeks. The Company is also nearing completion of the regional airborne Mag-EM survey comprehensive assessment work in collaboration with Agnico Eagle’s in-house geophysical consultant.
Last but certainly not least, the Company is excited to embark on our first ever deep (1,500 - 2,200 m per hole) drilling program at Joutel/Douay. A directional drilling contractor has been selected and work is expected to commence in Q3/22.
Please stay tuned for upcoming news and be sure to follow us on our social media channels listed below to stay up to date on all Maple Gold events and announcements!