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.

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Maple Gold Mines Ltd > Valuation

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Comment by Shylockreturnson Jul 05, 2022 9:57pm

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Post# 34803923

RE:RE:RE:Valuation

The shallow, lower-grade gold is "money for jam" while the deeper, Bonanza-grade gold, if in fact the grade is high enough, will more than offset the higher cost of mining.

MGM has it all: lower-grade, shallow gold and high-grade deeper gold.

This thing is going to be a monster when the mining starts!

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