Maple Gold Mines Ltd. is pleased to report results from the 40.4 line-km winter Induced Polarization 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 [...]
Maple Gold Mines Ltd. 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 [...]
Maple Gold Mines Ltd. 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 . DO-19-256 demonstrated the presence of [...]
Maple Gold Mines Ltd. 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 . Several of the drill-holes were drilled to greater than planned depths as a result of visually significant sulfide mineralisation noted at the originally [...]
: Maple Gold Mines Ltd. has recently completed an Induced Polarization 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 . Data inversions [...]
Maple Gold Mines Ltd. 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 . Very limited historical drilling of this target area returned several high-grade intercepts, including up to 17.5 g/t Au over 1.5m . The Exploration Target has a very similar magnetic [...]
Maple Gold Mines Ltd. has officially commenced drilling with Orbit Garant's first drill rig, currently at a depth of 125m downhole 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 , which returned 50 metres averaging 1.77 g/t Au . The [...]
Maple Gold Mines Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement financing to up to C$2,600,000 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 through the issuance of 18,400,000 [...]
Maple Gold Mines Ltd. 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 [...]
Maple Gold Mines Ltd. is pleased to announce that it has arranged a non-brokered flow-through financing for aggregate gross proceeds of C$2.3 million through the issuance of 18,400,000 common 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 [...]
Maple Gold Mines Ltd. 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 [...]
Maple Gold Mines Ltd. is pleased to announce that Roscoe Postle Associates 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 [...]
