In print - October 2021Only partial but this is helpful
Dear XXXXXX
I hope you are enjoying this autumn season. With the autumn leaves changing colors here in the temperate regions of the Northern Hemisphere, we are inspired to depict a similar picture of what Maple Gold Mines accomplished in October and look ahead to what’s in store for the final quarter of 2021.
We kicked off the month by hosting a distinguished group of mining analysts from leading Canadian financial institutions, key investors, and The Northern Miner at our Douay and Joutel gold projects. After a long in-person site tour hiatus due to COVID-19 travel restrictions, this visit was a major success from an execution standpoint. It gave our executive and technical teams and directors the opportunity to showcase the Company’s significant exploration achievements and untapped mineral resource potential of our projects and preview our upcoming Fall 2021 and Winter 2022 drill programs. If you are interested in seeing what impressed our guests at site, I encourage you to watch our new virtual site tour by clicking here. Michael Gray has also summarized his initial site visit takeaways in his latest research report, which can be accessed via Agentis Capital’s website. Last, but not least, The Northern Miner’s Henry Lazenby put Maple Gold Mines under the microscope and his article will be headlining a forthcoming ‘Mining in Quebec’ issue.
Also in October, we were pleased to release final results from our 2021 Winter Drill Program, capping off a successful maiden MGM-AEM JV drill campaign that returned three out of the top five intercepts ever reported at Douay with two bonanza grade intercepts in the Porphyry Zone, including 334.0 g/t over 1.0 metre. We also released our plans for a 2,500-3,000 metre Phase I drill program based on the recently completed 3D model at the Company’s 100% controlled Eagle Mine Property, which we expected to commence before year-end. Finally, we announced that the JV has acquired two separate inlier claims at Douay and has initiated a regional airborne geophysical survey to support further drill targeting across 266 km2 of JV-controlled ground.
Our team had the pleasure of attending the very successful New Orleans Investment Conference on October 19th-22nd where we connected with investors and some of the gold industry’s leading experts. Thank you to everyone stopped by our booth and joined in our Sunrise Session. We enjoyed meeting many new faces and renewing long-time connections. Next up is the Mines & Money London event on November 29th-December 1st. I will be making a 10-minute Company presentation at 3:40 local time on December 1st, and holding a series of meetings with local institutions in London and global investors alike. If you are interested in arranging a 1-on-1 meeting during this event, or are looking for any company materials, please reach out to kbuchanan@maplegoldmines.com.
All of this is happening amid favorable industry conditions. Gold has staged a nice recovery from this summer’s doldrums and one of our key institutional investors, Crescat Capital, recently presented what they believe is a compelling macro case for precious metals (click here to read their latest investor letter). The proposed transformational merger between our partner Agnico Eagle and Kirkland Lake Gold, which would create a new Abitibi focused gold mining champion, is a bellwether for the industry. With rising investor interest in Canadian gold companies, I believe Maple Gold is in an exceptional position to capitalize on organic growth opportunities by investing in and building out our world-class Quebec gold projects.
As always, thank you for your continued support and interest in Maple Gold. Stay healthy, stay safe, and I look forward to speaking with you again next month.
Sincerely,
Matthew Hornor
President & CEO