Maple Gold Investor Update 3/22 Investor update: First drill rig arrives at site with mobilization to Nika Zone underway Dear Shareholders and Investors,
Orbit Garant's first drill rig and equipment has arrived at site (see picture below) and is currently being mobilized to the Nika Zone where Maple Gold will start by following up on last year's (DO-18-218) 50 metre interval of 1.77 g/t Au (see press release May 14, 2018). The first two drill-holes will test the near-surface (potential starter-pit material) and depth continuity of mineralisation discovered in DO-18-218. An additional drill-hole approximately 250m to the west of DO-18-218 will test the volume potential of a high-grade (21.1 g/t Au) intercept obtained from the final 1.5 metres of a historical drill-hole (DO-12-05), drilled back in 2012.
The Company anticipates closing the recently announced $2.3M in flow-through funding early next week. This relatively small flow-through financing has been well-placed and strengthens Maple Gold's financial position in advance of drilling and exploration work that is now underway.
Pictured above: Volvo excavator with brush cutter attachment arriving at site to clear drill pads and corresponding access.
A more formal update will be press released with additional figures once drilling has officially commenced.
Best regards,
Joness
C: 778.686.6836
Qualified Person The scientific and technical data contained in this investor update was reviewed and prepared under the supervision of Fred Speidel, M. Sc, P. Geo., Vice-President Exploration, of Maple Gold. Mr. Speidel is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information disclosed in this news release through his direct participation in the work.
Quality Assurance (QA) and Quality Control (QC) Maple Gold implements strict Quality Assurance (“QA”) and Quality Control (“QC”) protocols at Douay covering the planning and placing of drill holes in the field; drilling and retrieving the NQ-sized drill core; drill-hole surveying; core transport to the Douay Camp; core logging by qualified personnel; sampling and bagging of core for analysis; transport of core from site to the analytical laboratory; sample preparation for assaying; and analysis, recording and final statistical vetting of results. For a complete description of protocols, please visit the Company’s QA/QC page on the website at:
https://maplegoldmines.com/index.php/en/projects/qa-qc-qp-statement About Maple Gold Maple Gold is an advanced gold exploration company focused on defining a district-scale gold project in one of the world’s premier mining jurisdictions. The Company’s 390 km² Douay Gold Project is located along the Casa Berardi Deformation Zone within the prolific Abitibi Greenstone Belt in northern Quebec, Canada. The Project has an established gold resource
[2] that remains open in multiple directions, with excellent infrastructure and several large scale operating mines within this prolific mining district. Maple Gold has now completed a significant winter drill campaign to expand on the known Resource Areas and test new discovery targets within the Company’s 55 km of strike along the Casa Berardi Deformation Zone. For more information please visit
www.maplegoldmines.com.
ON BEHALF OF MAPLE GOLD MINES LTD. Mr. Joness Lang
VP, Corporate Development
Office: +778.686.6836
Email:
jlang@maplegoldmines.com