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Maple Gold Mines Ltd.

Maple Gold Mines is a well-funded gold exploration company focused on advancing one of the largest undeveloped gold projects in Quebec. The company has an exploration agreement with Agnico-Eagle Mines for the future exploration and is through this well funded. The Company’s district-scale 370 km² Douay Gold Project is located along a 55km segment of the Casa Berardi Deformation Zone within the prolific Abitibi Greenstone Belt in northern Quebec. The Project hosts a multi-million ounce gold deposit that remains open in several directions, with excellent infrastructure and several large scale operating mines within 150 km. The Douay Gold Project’s high-grade gold lenses have never been mined, the Project is virtually royalty free, and the Company has aggressive property-wide exploration and drilling plans to continue making new discoveries and building high-quality ounces in one of the best mining jurisdictions in the world.

MGM’s vision is to create significant shareholder value in the world’s premier mining jurisdiction, by optimising existing mineral resources while continuing to test additional gold discovery targets throughout the property. The action plan includes drilling within the known resource area with indicated 422,000 @ 1.52 g/t Au and inferred: 2,352,000 @ 1.03 g/t Au at Douay, with a focus on areas with greatest possible potential impact on project economics: further testing of potential starter pit areas, as well as of higher grade in‐pit mineralisation. Ongoing commitment to systematically evaluate and test new discovery targets throughout the Douay property, including a focus on new higher grade gold discoveries that could have a major impact on project economics and complete further metallurgy, gold deportment and other necessary work to focus the company’s efforts for a future PEA.

The company wants to grow the resource fast from 3.2 Mio. ounces Gold to +5 Mio. ounces Gold and make the company attractive for M & A for a much higher price than today. 

Stock information

  • ISIN CA5651271077
  • WKN A2H71G
  • VALOR 39243321

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