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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

Post by Hedberg77on Jun 08, 2022 11:36am
160 Views
Post# 34740387

The Eagle has not yet landed

The Eagle has not yet landedTo review the April 21 Market Herald statement:  The company is sending Eagle samples to a new lab to expedite turnaround times. Initial assay results from the Phase I program at Eagle are expected to be released in Q2/2022.

Cavaet - I'm not down on the company.  However, it's been quiet and recent performance, while off the lows, has obviously been a downer.  Wondering what June 9-30 may hold in regard to news releases.  Not necessarily an issue of the longer term outlook, however the company itself indicated we'd hear something.  Anyone concerned?  Per usual, who can know what's going on behind the scenes?  GLTA




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