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Transaction Announcement Reports
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Project: | Douay | |
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Deposit: | Douay | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 5/27/2020 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 27-5-2020: Maple Gold Mines Ltd. announces an Exploration/Drilling Update report for its Douay deposit at the Douay project. Drilling results incl. 17m @ 1.91g/t Au from 189m. Montreal, Quebec--(Newsfile Corp. - May 27, 2020) - Maple Gold Mines Ltd. (TSXV | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Reserve] n/a (n/a) | |
ABSTRACT: | Montreal, Quebec--(Newsfile Corp. - May 27, 2020) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to report new assay results from its 2020 winter drilling campaign at the Douay Project. Three drillholes were completed in the western part of the Porphyry Zone where higher than deposit average grades are present and historical drilling is relatively sparse. Highlights for DO-20-283 and DO-20-280 are given below: ? DO-20-283 tested a 140m drilling gap near the northern limit of the current (RPA 2019) conceptual pits and cut multiple gold zones, highlighted by 1.91 g/t Au over 17m from 189m downhole (about 155m vertical depth). ? Following several additional narrow intercepts over 1 g/t Au, DO-20-283 bottomed in mineralization with 1.06 g/t Au over the last 7m of the hole (1.6 g/t Au over final 2m). ? DO-20-283 was terminated early due to the COVID-19 shutdown in Quebec; deepening this drill-hole is warranted (Figs. 1,2). ? DO-20-280 cut multiple zones within the top 90m (vertical depth) from surface, with 4m of 0.85 g/t Au, 4m of 1.14 g/t Au and 1.5m of 1.61 g/t Au. ? Assays still pending for the bottom of DO-20-280 and DO-20-281 in its entirety. | |
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