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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 > Production
View:
Post by Hawk1972 on Dec 12, 2021 9:11am

Production

This is just a question,


What does it take for a mine to go into production?

MGM already has 2.35 million ounces of proven gold.

Comment by aschi1 on Dec 12, 2021 4:48pm
HI Hawk1972, What does it take for a mine to go into production? My Guess for Maple - 6 to 8 Years and Capital Needs depends on what the Output could be - 1 to 2 Billion Dollars  - don,t count on that ;) I recommand a Look at : Visualizing the Life Cycle of a Mineral Discovery - Visual Capitalist As for your Comment on proven Ounces - read what inferred, indecated + measured , and proven ...more  
Comment by Hawk1972 on Dec 15, 2021 5:25pm
Thanks Aschi1. Verry educational article!
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