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Bullboard - Stock Discussion Forum
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.
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TSXV:MGM - Post Discussion
Maple Gold Mines Ltd
> -----GOLD IS HEADING OVER $ 2,000.00/oz again...........
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•••
goldman17
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Post by
goldman17
on Apr 17, 2022 11:10pm
-----GOLD IS HEADING OVER $ 2,000.00/oz again...........
Stay tune-imho
(33)
•••
Angelique01
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Comment by
Angelique01
on Apr 18, 2022 12:59pm
Yes gold is close to $2,000 yet MGM can barely get to .30. What does that tell you? STRIKE 1 Updated Resource estimate at Douay showing last three years drilling efforts = 200k additional ounces . YIKES STRIKE 2 Latest 7 drill holes from 2021 Fall program at Douay shows nothing much other than "giving foundational confidence to go
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(13)
•••
Iwant2Retire
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Comment by
Iwant2Retire
on Apr 18, 2022 4:26pm
It tells me there is more work to do to make these properties feasible. We need more holes then be an optimist or a pessimist.
(72)
•••
ardbegoil
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Comment by
ardbegoil
on Apr 19, 2022 11:31am
MGM has over 900 holes already drilled so I would say the shallow portion of the property is well covered and evaluated.....They are now just starting the deeper part of the play and from a speculative standpoint based on a hole or two it looks like the grades improve the deeper they drill ..The latest drilling plans looks like some of the holes are to be 2 to 3 times deeper than the past
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