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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

Comment by Yonexxon Nov 22, 2022 2:19pm
147 Views
Post# 35119437

RE:RE:"NO NEWS" Maple hits New Year LOW

RE:RE:"NO NEWS" Maple hits New Year LOW

I am with you on the lack of news. Im hoping its a blessing in disguise given recent market challenges.

Regarding the resource: I dont know if you intentionally bash, or just dont know the story in detail, but in 2019 Maple shifted to the most conservative estimator in the business. If you look at the old Micon resource estimate, many of Douay's pits are actually not separate pits but one giant super-pit.. 

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