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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 ardbegoilon Jan 10, 2023 2:26pm
184 Views
Post# 35213987

RE:RE:RE:RE:Maple Gold Mines releases more strong drill results

RE:RE:RE:RE:Maple Gold Mines releases more strong drill resultsI believe Agnico is now entering the period where they can finance new operations and acquisitions with existing cash flows and should now be accumulating a cash hoard like never before with all their producing mines......It also helps that gold is on the rise....I will be surprised if we see any gold ounce upgrades this far from the end of the MGM/Agnico agreement and MGM will continue expanding their discoveries and defining parameters for the forseeable future while their cash resourses are intact...JMHO....best to all
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