reports
Maple Gold Outlines Follow-up Plans for Defining More High-Grade Miner...
Montreal, Quebec--(Newsfile Corp. - October 9, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to provide further analysis and interpretation regarding the potential significance of the higher-grade zones intersected in the lone 2019 drill-hole at the 531 Zone (press release June 5, 2019). The Company has designed a focused 1,400 metre follow-up drill program to begin drilling the immediate target area along an east-southeast trend, which is largely untested and open for ~360m. Maple Gold's 2019 drill-hole at the 531 Zone (DO-19-26...
Maple Gold Provides Corporate Update and Outlook
Montreal, Quebec--(Newsfile Corp. - July 31, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to provide a brief corporate recap of key developments during the first half of 2019 and H2 outlook as the Company enters the back half of 2019. 3D Geological Model:One of Maple Gold's primary objectives has been bringing the quality of technical work to major company standards. The Company's exploration team and technical committee leaders have significant major-company experience to draw from, and establishing a new 3D geological, struct...
Maple Gold Reports New Drill Results from the Nika Zone, Including 42....
Montreal, Quebec--(Newsfile Corp. - July 10, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to report assay results from the four (4) drill-holes completed at the Nika Zone during this winter's campaign. These drill-holes build upon last year's 50m @ 1.77 g/t Au intercept in DO-18-218 (see press release of May 14, 2018) that helped establish a new zone of mineralisation not included in past resource estimates. This year's drilling included two aggressive (200 metre) step-out holes to test for further mineralisation up-dip and down...
Maple Gold Reports Additional Drill Results from the Porphyry Zone
Montreal, Quebec--(Newsfile Corp. - June 27, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to report additional results within the Porphyry Zone from its 6,045 metre winter 2019 drilling campaign. The Company drilled a total of eight (8) holes (3,120m) within the Porphyry Zone, with all eight holes intersecting gold mineralisation. Targets in the Porphyry Zone were selected with the aim of extending known zones with higher than deposit-average grades, both near-surface and at moderate depths. New assay results are highlighted bel...
Maple Gold defines new NE target based on results of winter 2019 Induc...
Montreal, Quebec--(Newsfile Corp. - June 12, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to report results from the 40.4 line-km winter Induced Polarization ("IP") program, for which the final report was recently received. Highlights include the definition of several combined high chargeability and low resistivity targets east of and along trend from the resource area, as well as more subtle but broad and continuous chargeability highs to the NE. This IP program was designed to test a 4x4km area for the presence of dissemina...
Maple Gold Cuts Down-Dip Extension of 531 Zone with 51m Averaging 2.81...
Montreal, Quebec--(Newsfile Corp. - June 5, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (Frankfurt: M3G) ("Maple Gold" or the "Company") is very pleased to report assay results from the lone 531 Zone hole drilled in the winter 2019 campaign. This drill-hole was selected using the Company's recently established 3D model. This hole was designed to test the down-dip continuity of mineralisation defined from historical drilling in 1992, as well as to test for potential new gold zones to the south. The results stand out not only for their higher grades, but also for grade consistenc...
Maple Gold releases initial drill results from the Porphyry Zone
Montreal, Quebec--(Newsfile Corp. - May 29, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to report initial results from the Porphyry Zone, where the Company has now received assays for three complete drill-holes. The highlighted intercepts below are from two drill-holes within the central portion of the Porphyry Zone, collared approximately 540m apart (see Fig. 1 and Table 1).DO-19-256 demonstrated the presence of higher-grade mineralisation near-surface, cutting 16m averaging 1.57 g/t Au from 77m downhole (67m estimate vertical...
Maple Gold Completes 6,050 Metre Drill Campaign at Douay
Montreal, Quebec--(Newsfile Corp. - April 30, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") has completed its winter 2019 drilling program, with approximately 6,050 metres drilled in 15 holes, distributed across the Nika, Porphyry, 531 and Exploration Target areas (see Fig. 1). Several of the drill-holes were drilled to greater than planned depths as a result of visually significant sulfide mineralisation noted at the originally planned depths. The primary objective of this work was to demonstrate continuity of higher grade areas both near ...
Maple Gold Completes Geophysical Survey with Broad-spaced Induced Pola...
Montreal, Quebec--(Newsfile Corp. - April 10, 2019) - : Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (Frankfurt: M3G) ("Maple Gold" or the "Company") has recently completed an Induced Polarization ("IP") survey with Abitibi Geophysique using their OreVision technology, along strike to the east and northeast of the 6 km long resource area. The survey included 400m-spaced lines covering a total of approximately 40 line-km, over a very sparsely drilled 15 km2 area (see Fig. 1). Data inversions and interpretations are pending. IP technology has progressed significantly since the 1990s when mo...
Maple Gold mobilizes third drill rig to test high priority exploration...
Montreal, Quebec--(Newsfile Corp. - April 3, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to report that a third drill rig has arrived at site and has been mobilized to an area located about 1km south of the Porphyry Zone (the "Exploration Target"). Very limited historical drilling of this target area returned several high-grade intercepts, including up to 17.5 g/t Au over 1.5m (downhole length). The Exploration Target has a very similar magnetic response to the Porphyry Zone (see Fig. 1) and is also very similar geologically w...
Maple Gold Commences Drilling with Two Drill Rigs Now on Site
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 co...
Maple Gold Increases Non-Brokered Private Placement to C$2,600,000 and...
Montreal, Quebec--(Newsfile Corp. - March 26, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce that it has increased its previously announced non-brokered private placement financing to up to C$2,600,000 (the "Offering") with support from one of its largest shareholders. On March 15, 2019 the Company announced its intention to raise up to C$2,300,000 in flow-through financing (the "First Tranche") through the issuance of 18,400,000 common shares (the "Shares") at a price of C$0.125 per share. The additional C$300,000 in...
Maple Gold Receives Permits and Begins Final Preparations and Mobiliza...
Montreal, Quebec--(Newsfile Corp. - March 20, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") has received permits for drill roads and drill pads and is now cleared to commence a planned 5,000 - 6,000 metre drill program. New mineralized zones defined during 2018 drilling at Nika, and in several areas with higher-than-expected grade intercepts at the Porphyry zone, both offer significant opportunities to add to the deposit resource base at higher-than-deposit average grades. This focused winter drilling campaign will also include two drill-ho...
Maple Gold arranges $2.3 million Flow-Through Financing
Montreal, Quebec--(Newsfile Corp. - March 15, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce that it has arranged a non-brokered flow-through financing for aggregate gross proceeds of C$2.3 million (the "Offering") through the issuance of 18,400,000 common shares (the "Shares") at a price of C$0.125 per share.Maple Gold's President and CEO, Matthew Hornor, stated: "This flow-through raise at a premium to market allows the Company to conserve hard-dollars while the new flow-through capital helps to cover exploration and...
Maple Gold Receives $1.9M from Revenu Québec and Outlines 2019 Drilli...
Montreal, Quebec--(Newsfile Corp. - February 20, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company")has added $1.9M to its treasury after receiving its full 2017 tax credit refund from Revenu Québec. An upcoming winter 2019 drill program will test refined higher-grade targets generated from recently reported 3D modeling work. Mapping and gold deportment work will continue through the summer of 2019. A new resource update is expected in late Q1 and the Company plans to begin a Preliminary Economic Assessment ("PEA") in late 2019.The Company has de...
Maple Gold Retains RPA for New Resource Estimate and Set to Receive $1...
Montreal, Quebec--(Newsfile Corp. - January 23, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce that Roscoe Postle Associates ("RPA") has been retained to prepare a new resource estimate update on the Company's Douay Project. RPA provides services to the mining industry at all stages of project development and is one of the top three organizations ranked by number of resource estimation reports completed.Maple Gold's President and CEO, Matthew Hornor, stated: "We look forward to working with RPA to complete this new re...
New 3D Geological Model Highlights Multiple Higher-Grade Mineralised Z...
Montreal, Quebec--(Newsfile Corp. - January 16, 2019) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") has created a new 3D geological and structural model for its Douay gold project, located on the prolific Casa Berardi Deformation Zone near Val d'Or, Quebec. The Douay deposit currently contains 2,759,000 ounces Au in the inferred category and a further 479,000 ounces Au indicated using a 0.45 g/t Au cut-off grade (Micon 2018). The Micon 2018 resource does not include the new drill data from the winter 2018 campaign, and is open along strike and do...
Maple Gold Completes 2018 Mapping and Sampling Program and Identifies ...
Montreal, Quebec--(Newsfile Corp. - November 14, 2018) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") has completed its first pass summer 2018 field mapping in the central part of the Douay Project (the "Project"). Very limited historical work has been completed previously in this portion of the Project. The objective of the mapping program was to identify alkaline intrusive-related gold (similar to the Douay deposit), orogenic gold (similar to the Casa Berardi mine) and/or volcanogenic massive sulfide "VMS" (similar to the past producing Estrade...
Maple Gold Advances Greenfield Targeting with Regional Mapping and Pro...
Montreal, Quebec--(Newsfile Corp. - October 11, 2018) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G)("Maple Gold" or the "Company") is pleased to provide a general corporate update as the Company enters the final quarter of 2018.Maple Gold is currently completing a first pass regional mapping and sampling program in the outcrop-rich central third of the property to generate additional greenfield targets, while also working to integrate all of the new drill data from the 2018 campaign into updated sections, plans and 3D models. The Company completed 22,593 total metres of drilli...
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