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Maple Gold Mines Ltd.
Summary
| Project: | Douay | |
|---|---|---|
| Deposit: | Douay | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-9-2018: Maple Gold Mines Ltd. announces an Exploration/Drilling Update report for its Douay deposit at the Douay project. Drilling results incl. 52.0m @ 3.53g/t Au. Montreal, Quebec--(Newsfile Corp. - September 4, 2018) - Maple Gold Mines Ltd. ("Maple G | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Fried Speidel (Internal) | |
| ABSTRACT: | Montreal, Quebec--(Newsfile Corp. - September 4, 2018) - Maple Gold Mines Ltd. ("Maple Gold" or the "Company") (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) 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 (RC) holes for a total of 22,593 metres. Approximately 70% of the total meterage was within or near the known Resource Area, defined as the 6.3 km by 1.8 km corridor including the outline of the Micon 2018 conceptual pits, and also including any known mineralized zones extending beyond the resource. The Douay NI 43-101 resource contains 479,000 indicated ounces averaging 1.59 g/t Au and 2,759,000 inferred ounces averaging 1.02 g/t Au, all using a 0.45 g/t Au cut-off grade (Micon 2018).1 Some of the Resource Area drilling in 2018 was focused on aggressive step-out targets, particularly where gaps in the drill-hole distribution could allow the discovery of new zones with potential to add ounces and bring the Company a step closer to connecting and linking up surrounding mineralized zones. The balance of the meterage (~30%) was dedicated to begin exploring the greater 377 km² property package and generate new greenfield targets (shallow RC drilling), while also testing two existing greenfield target areas (NE Syenite and NW Greenfield target areas) with a first phase of diamond drilling. The following sections outline highlights from the various areas drilled in the 2018 campaign along with initial interpretation and analysis. Resource Area: Central Resource Area (Porphyry Zone infill/step-out): 29 drill-holes (11,735 metres) This drilling mainly focussed on confirming along strike and down-dip (or up-dip) continuity of existing zones, in particular in areas with lower density of drill-holes. | |
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