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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 > ......If those Douay deep holes Hit. next stop $2.00/shr....
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Comment by locomocoon Jan 04, 2023 12:45pm
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Post# 35202972

RE:RE:RE:RE:RE:RE:RE:......If those Douay deep holes Hit. next stop $2.00/shr....

RE:RE:RE:RE:RE:RE:RE:......If those Douay deep holes Hit. next stop $2.00/shr....I doubt they are striving to getting to production stage. They want to be the number one junior explorer to own. IMO, they will most likely get bought out once they expand Douay resources to over 5M ounces and prove that Joutel and Eagle have significant gold at depth. The whole 400 sq km will be sold or a significant portion if AEM is not the buyer.

Lots of risk for a junior exploration company going to production. It is not their niche area of expertise.
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