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Maple Gold Mines Ltd.
Summary
| Project: | Douay | |
|---|---|---|
| Deposit: | 531 Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/16/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-3-2020: Maple Gold Mines Ltd. announces an Exploration/Drilling Update report for its 531 Zone deposit at the Douay project. Drilling results incl. 3.5m @ 5.96g/t Au from 460m. Montreal, Quebec--(Newsfile Corp. - March 16, 2020) - Maple Gold Mines Ltd. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Fred Speidel (Internal) | |
| ABSTRACT: | Montreal, Quebec--(Newsfile Corp. - March 16, 2020) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to provide an update and new exploration results for the 531 Zone. Maple Gold paused drilling after completing two holes at the 531 Zone ("531") and commenced drilling at other zones, given the potential impact new 3D Induced Polarization (IP) results could have on supporting the Company's current target concepts and prioritizing next drill sites at 531. Highlights from the recent work at 531 include: The IP results appear to support the Company's ESE (largely undrilled) trend for sulfide mineralisation associated with higher grade gold in the currently drilled area, and also a similar WNW trend; in both cases the IP anomaly (and therefore the causative sulfide-bearing system) is completely open in both directions, and also at depth. Maple Gold's VP, Exploration, Fred Speidel, commented: "The deepening of DO-19-262 intersected an additional narrow mineralised zone with higher grades (>3x) than the current average for underground resources at Douay (RPA 2019) and the IP results we've received are very compelling in terms of there being a more extensive sulfide body at the 531 Zone than has currently been drill-tested. | |
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