May 28, 2018 -- Maple Gold Mines Ltd. is pleased to announce that it has arranged a non-brokered flow-through financing for aggregate gross proceeds of up to C$2,500,000 through the issuance of up to 8,333,333 common shares at a price of C$0.30 per share. Maple Gold’s President and CEO, Matthew Hornor, stated: “This small flow-through [...]
MONTREAL, May 22, 2018 -- Maple Gold Mines Ltd. has concluded its 2018 winter drilling campaign after drilling 21,122 metres of diamond drilling from 52 holes and 1,484 metres from 57 short top-of-bedrock holes for a total of 22,606 metres. Core sawing and sampling is continuing at the Douay Project site and the Company expects to continue [...]
MONTREAL, Quebec, May 14, 2018 -- Maple Gold Mines Ltd. is pleased to report additional drill results from the Nika Zones located in the “NW Gap Area” between the Douay West, Porphyry and NW resource zones. DO-18-218 returned 50m grading 1.77 g/t Au from 297m downhole . Figure 1: DO-18-218 on section 705200E Figure 2: Drill-hole [...]
MONTREAL, Quebec, May 02, 2018 -- Maple Gold Mines Ltd. is pleased report additional drill results from the current winter drilling campaign at the Douay Gold Project. DO-18-216 intersected 52m grading 3.53 g/t Au , within a broader, 158.2m interval grading 1.25 g/t Au from 335m downhole within the south-central part of the Porphyry Zone. Figure 1 [...]
MONTREAL, April 23, 2018 -- Maple Gold Mines Ltd. is pleased to provide an update on the ongoing winter drilling campaign. The program has ramped up with eight diamond core drill rigs now actively testing all target areas . One of the Company’s high-priority targets is the area between the Porphyry, Douay West and NW zones, now referred to as [...]
MONTREAL, April 12, 2018 -- Maple Gold Mines Ltd. is pleased to announce that it has completed a non-brokered private placement financing for aggregate gross proceeds of C$3,950,000 through the issuance of 16,458,334 common shares at a price of $0.24 per share. Upon closing, the aggregate Quebec fund and institutional ownership in Maple Gold has [...]
April 06, 2018 -- Maple Gold Mines Ltd. is pleased to announce that it has increased the non-brokered private placement financing to C$3,950,000 through the issuance of 16,458,333 common shares at a price of $0.24 per share. Upon closing, the aggregate Quebec fund and institutional ownership in Maple Gold will increase to approximately 10 percent [...]
MONTREAL, March 29, 2018 -- Maple Gold Mines Ltd. is pleased to announce that is has filed a National Instrument 43-101 Technical Report for the updated Mineral Resource Estimate on the Company’s Douay Gold Project, as prepared by Micon International Limited. The technical report is available for review on SEDAR and on the Company’s [...]
Quebec, March 19, 2018 -- Maple Gold Mines Ltd. is pleased to announce that it plans to complete a non-brokered, hard-dollar private placement financing for aggregate gross proceeds of up to C$3,800,000 through the issuance of 15,833,333 common shares at a price of $0.24 per share. Maple Gold’s President & CEO, Matthew Hornor, stated [...]
MONTREAL, March 14, 2018 -- Maple Gold Mines Ltd. is pleased to announce that a drill rig has arrived and is now turning at the NE Syenite Target, where the Company plans to complete approximately 10 drill-holes during the current campaign. The virtually untested NE Syenite Target includes the same host rocks as much of the current resource area [...]
MONTREAL, March 08, 2018 -- Maple Gold Mines Ltd. is pleased to announce that the Company received its fourth and final permit and is now fully permitted for all drill sites and ramping up significantly with five drill rigs now on site. The Douay Gold Project hosts several known higher-grade “plums” with variable diameters, with limited [...]
MONTREAL, Feb. 27, 2018 -- Maple Gold Mines Ltd. is pleased to provide an update on the current drill campaign at the Douay Gold Project . Maple Gold has now received three of the four requested permits and anticipates receiving its final permit very shortly. Two diamond core drills are now testing infill and step-out holes and a third drill rig [...]
