Maple Gold Mines Ltd V.MGM

Alternate Symbol(s): MGMLF

Metals & Mining Gold

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.

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Maple Gold Mines Ltd

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Post by moneywagonon Mar 20, 2024 9:26am

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Post# 35942479

MGM~WHY BUY? ~AGNICO EAGLE IN THE HOUSE~CEO KIRAN PATANKAR

 	@tschupr123  Here are some key points on Maple Gold for your consideration: (Received on March 09th)
 	 Pure Canadian gold play in a top tier jurisdiction (Quebec) with excellent infrastructure  Established 3.0 Moz gold resource (Douay) and high-grade, past-producing mine trend (Joutel)
 	
 	 Joint venture and strategic partnership with Canada’s largest gold producer (Agnico Eagle Mines Ltd.)
 	
 	 Well-capitalized with ~C$4.7M in cash + ~C$6.0M in remaining partner funding (through January 2025)
 	
 	 New management has reduced overhead expenditures by over 67% in 6 months, freeing up capital to be deployed where it creates the most value for shareholders → IN THE GROUND
 	
 	 Highly prospective ~400 km² property package with 55 km of strike length along the Casa Berardi Break
 	
 	 Strong management/technical team and board of directors focused on prudent capital allocation, disciplined exploration and responsible development of district-scale gold projects in Quebec
 	
 	 Revamped and refocused technical team that is already delivering better results at lower cost via operational improvements
 	
 	 Trading at an EV/oz of only US$8/oz vs. current gold price of US$2,178/oz with significant and funded organic growth catalysts in the near-term I would be delighted to introduce myself and MGM to you and your investor group, if interested.
 	
 	Best regards, Kiran KIRAN PATANKAR President, CEO & Director