Bullboard - Stock Discussion Forum 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... see more

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TSXV:MGM - Post Discussion

Maple Gold Mines Ltd > Production

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Post by Hawk1972 on Dec 12, 2021 9:11am

Production

This is just a question,

What does it take for a mine to go into production?

MGM already has 2.35 million ounces of proven gold.

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Comment by aschi1 on Dec 12, 2021 4:48pm

HI Hawk1972, What does it take for a mine to go into production? My Guess for Maple - 6 to 8 Years and Capital Needs depends on what the Output could be - 1 to 2 Billion Dollars - don,t count on that ;) I recommand a Look at : Visualizing the Life Cycle of a Mineral Discovery - Visual Capitalist As for your Comment on proven Ounces - read what inferred, indecated + measured , and proven ...more

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