Maple Gold Mines Ltd V.MGM

Alternate Symbol(s): MGMLF

Metals & Mining Gold

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

Maple Gold Mines Ltd

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Post by Hedberg77on Jan 07, 2021 10:52am

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Post# 32241762

MGM considerations

Considerations while waiting for first announcement of drill results (and beyond) and some of the reasons to buy on the cheap:
-AEM's recent purchase of 1,388,888 at 0.36 reaffirmed to all of us thatthey have huge confidence in this project
-Shorts are down to lowest levels in a while
-Assays in progress and more targets highlighted.
-Managment and technical teams appear to be superb
News delayed ... but it is coming ... and while patience is a virtue, I, for one, can't wait:)
Cheers and GLTA

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FE Battery Metals begins 2024 winter drill program