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 [...]
Maple Gold Mines Ltd. 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 [1]. The Micon [...]
Maple Gold Mines Ltd. has completed its first pass summer 2018 field mapping in the central part of the Douay 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 , orogenic gold and/or volcanogenic massive sulfide [...]
Maple Gold Mines Ltd. 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 [...]
Maple Gold Mines Ltd. is pleased to provide a highlights summary of the 2018 drilling campaign now that all assays have been received. The 2018 winter drilling campaign included 21,122 metres of diamond drilling from 52 holes and 1,471.3 metres from 57 short top-of-bedrock Reverse Circulation holes for a total of 22,593 metres. Approximately 70% of [...]
Maple Gold Mines is pleased to report the final drill results from the NW Gap Area, i.e. the area between the NW, Douay West and Porphyry Zones, which includes the new Nika Zones. There were a select number of historical drill-holes drilled in the NW Gap Area from 2011 to 2017 inclusive by Aurvista Gold , but due to the limited drill density, this [...]
see corresponding section below Converted 479,000 ounces at 1.59 g/t Au to Indicated category Additional 2,759,000 ounces at 1.02 g/t Au in the Inferred category Completed 22,606 metres of drilling : 21,122 metres of diamond drilling from 52 holes and 1,484 metres from 57 short top-of-bedrock holes Drilling to-date : Extended existing zones at [...]