Montreal, Quebec--(Newsfile Corp. - March 29, 2019) - Maple Gold Mines Ltd. (TSXV:
MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") has officially commenced
drilling with Orbit Garant's first drill rig, currently at a depth of 125m downhole (see Fig 2 to view drill-core) at the first
drill site in the Nika Zone. This first drill-hole, DO-19-255, is targeting the near-surface extension of last' year's best
intercept in the Nika Zone (hole DO-18-218), which returned 50 metres averaging 1.77 g/t Au (see press release dated May 14, 2018).
The second drill-hole will test the depth continuity of the same intercept, with additional holes planned in this area to test
other nearby higher grade targets.
Fig 1: Instrument training/induction meeting at first drill-site; Orbit Garant at the Nika Zone
To view an enhanced version of Fig 1, please visit:
https://orders.newsfilecorp.com/files/3077/43752_d80612c65470abb4_001full.jpg
Maple Gold's President and CEO, Matthew Hornor, commented: "The Nika Zone and surrounding NW Gap Area represents an
important opportunity for the Company. The drill density in this area is relatively limited and last year's new discovery
demonstrated the ability to define brand new zones within the greater resource area. Further drilling success in this area could
lead to the definition of more near-surface mineralisation and help us link the Douay West, Porphyry and NW Zones."
An additional drill-hole approximately 250m to the west of DO-18-218 is planned to test the volume potential of a high-grade
(21.1 g/t Au) intercept obtained from the final 1.5 metres of a historical drill-hole (DO-12-05), drilled back in 2012.
Forage Pikogan's first drill has also arrived and is set up at its first site in the Porphyry Zone, with drilling expected to
begin tonight.
Fig. 2: Crackle brecciated and pyritic altered syenite in top of drill-hole DO-19-255
To view an enhanced version of Fig 2, please visit:
https://orders.newsfilecorp.com/files/3077/43752_d80612c65470abb4_002full.jpg
Qualified Person
The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Fred
Speidel, M. Sc, P. Geo., Vice-President Exploration, of Maple Gold. Mr. Speidel is a Qualified Person under National Instrument
43-101 Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information
disclosed in this news release through his direct participation in the work.
Quality Assurance (QA) and Quality Control (QC)
Maple Gold implements strict Quality Assurance ("QA") and Quality Control ("QC") protocols at Douay covering the planning and
placing of drill holes in the field; drilling and retrieving the NQ-sized drill core; drill-hole surveying; core transport to the
Douay Camp; core logging by qualified personnel; sampling and bagging of core for analysis; transport of core from site to the
analytical laboratory; sample preparation for assaying; and analysis, recording and final statistical vetting of results. For a
complete description of protocols, please visit the Company's QA/QC page on the Company's website.
About Maple Gold
Maple Gold is an advanced gold exploration and development company focused on defining a district-scale gold project in one of
the world's premier mining jurisdictions. The Company's ~392 km² Douay Gold Project is located along the Casa Berardi Deformation
Zone (55 km of strike) within the prolific Abitibi Greenstone Belt in northern Quebec, Canada. The Project benefits from excellent
infrastructure and has an established gold resource3 that remains open in multiple directions. For more information
please visit www.maplegoldmines.com.
ON BEHALF OF MAPLE GOLD MINES LTD.
"Matthew Hornor"
B. Matthew Hornor, President & CEO
For Further Information Please Contact:
Mr. Joness Lang
VP, Corporate Development
Cell: 778.686.6836
Email: jlang@maplegoldmines.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.
Forward Looking Statements:
This news release contains "forward-looking information" and "forward-looking statements" (collectively referred to as
"forward-looking statements") within the meaning of applicable Canadian securities legislation in Canada, including statements
about the prospective mineral potential of the Porphyry Zone, the potential for significant mineralisation from other drilling in
the referenced drill program and the completion of the drill program. Forward-looking statements are based on assumptions,
uncertainties and management's best estimate of future events. Actual events or results could differ materially from the Company's
expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly,
readers should not place undue reliance on forward-looking statements. Forward-looking statements include, but are not limited to,
statements regarding timing and completion of the private placement. When used herein, words such as "anticipate", "will", "intend"
and similar expressions are intended to identify forward-looking statements.
Forward-looking statements are based on certain estimates, expectations, analysis and opinions that management believed
reasonable at the time they were made or in certain cases, on third party expert opinions. Such forward-looking statements involve
known and unknown risks, and uncertainties and other factors that may cause our actual events, results, performance or achievements
to be materially different from any future events, results, performance, or achievements expressed or implied by such
forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to
differ materially from those expressed or implied by such forward-looking statements, refer to Maple Gold Mines Ltd.'s filings with
Canadian securities regulators available on www.sedar.com or the
Company's website at www.maplegoldmines.com.
The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking
statements whether as a result of new information, future events or otherwise, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43752
