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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 Iwant2Retireon Feb 03, 2023 8:27pm
239 Views
Post# 35266324

RE:RE:RE:RE:WOW GOLD IS SURGING>>>

RE:RE:RE:RE:WOW GOLD IS SURGING>>>
I hear ya. I ignore most of the cheerleaders. It really does come down to the drill results.  I'm hanging on because although past results have not been that exciting, I think they are learning with every assay, where to focus next.  People try to compare MGM with other successful low grade gold mines but these other mines are sitting on 6+ million ounces of gold whereas we have a ways to go.

Focus on Eagle has been exciting because of the potential of hitting the mother load but I would like to see more drills on Douay and Joutel where they can add to those 3 million ounces of shallow gold.
But I do believe they may find an overlooked mother load at Eagle so let's just add a couple of more drills and get 'er done.  :)
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