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Bullboard - Stock Discussion Forum 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... see more

TSXV:MGM - Post Discussion

Maple Gold Mines Ltd > Couloir Coverage
View:
Post by aschi1 on Apr 13, 2021 6:04am

Couloir Coverage

The Coverage is a very nice Read with a first Target from 0,49 CAD. 

Checking the historical Results which seems much more impressiv than the last reported - hopefully we can follow up with the Results from the 9000 Meter from this Winter - 

Specially the 4 Holes in the 531 Zone - which has some significant Grades and Length what i,m hoping for :

At the 531 Zone, significant returns included 51 meters of 2.81 g/t Au between 378- 429 meters downhole and 28 meters of 2.55 g/t Au from 302-330 meters downhole. Combined, both intercepts from this hole (DO-19-262) were among the top five intercepts ever encountered at the property up to that point.

Best Luck
Comment by jdgreat1 on Apr 13, 2021 9:44am
I got the report as well. Nice to see the high expectation on Joetel 3D modeling as 1st closest catalyst. Hopefully we will see more gold from this followed with big drilling. 2nd catalyst as the drilling results from remaining 3 holes from fall and some from winter drillings. Hopefully after all these sets of data, they will announce a bigger drilling program as you hoped to speed things up ...more  
Comment by bluegrass3 on Apr 13, 2021 1:15pm
HI All, I just read the report.  It's neat to see my name on it.  Prepared solely for me! What i like is that the valuation of $0.49 is based on what we already know. More data could increase that significantly. Cheers to all, BG3
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