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Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canadian-advanced exploration company. It is focused on advancing the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. In addition, the Company holds an option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex. The Douay Gold Project is located over 55 kilometers (km) southwest of Matagami and 130 km north of Amos, Quebec, by road. The Joutel Gold Project is 100% owned by the 50/50 Joint Venture (JV) between Maple Gold and Agnico Eagle Mines Limited (Agnico). Joutel Gold Project is located approximately 70 km southwest of Matagami and 125 km north of Amos, Quebec, by road. The Eagle Mine Property is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. Its Morris property is located approximately 30 km east-northeast of the town of Matagami, or over 110 km north-east from the Douay camp.


TSXV:MGM - Post by User

Bullboard Posts
Post by Rocket444on Apr 11, 2019 2:50am
105 Views
Post# 29611026

Resource Estimate Timing

Resource Estimate TimingFrom the March 20, 2019 Press Release:

(Timing slipped, it happens)


Maple Gold's VP, Exploration, Fred Speidel, commented: "This is a very exciting time for our technical team as we drill some of our high priority holes after nearly 18 months on the Project, with the benefit of more data, knowledge and new models in place. We have significantly improved targeting ability thanks to our 3D model, and are focused on testing new exploration targets and adding quality ounces to the resource base. An updated resource estimate is underway with RPA and we anticipate initial results early in Q2."




 

Bullboard Posts