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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 Yonexxon Jun 07, 2023 7:46am
156 Views
Post# 35483919

RE:RE:RE:RE:RE:Maple Gold Intersects 5.8 g/t Gold over 2 Metres

RE:RE:RE:RE:RE:Maple Gold Intersects 5.8 g/t Gold over 2 Metres
Not as good as we hoped for, but is it really that bad? Sell the news event. Of course. But first drilling in 30 years. 575 meters below the old mine hitting some high grade rock. Open in multiple directions. Also open at depth, drilling ended in mineralization. Increasing grades at depth.

These grades and widths wont cut it for deep underground mining, so all we can hope for is they learned a lot and those master holes can help us drilling less costly with wedges using downhole EM searching for more volume.

What I do find interesting is the the whole promo tour we seen since April 27 NR. As it was NOT based on Telbel assays. Until deep down those holes, in their finall wedges some weeks ago, they they finally hit 'something'. So all the giddyness from the company might have been about Douay all along.

Bring on the Douay results and show us the goods. Fingers crossed.

 

 

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