| Announcement Date: | 2022-08-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Maple Gold Mines Ltd. |
| Project name: | Eagle Mine |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 3.0m @ 11.39g/t Au from 990m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia–(Newsfile Corp. – August 15, 2022) – Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (“Maple Gold” or the “Company”) is pleased to report initial assay results from the first drill hole of the Company’s Phase II drill program at its 100%-controlled Eagle Mine Property (“Eagle”) in Québec, Canada. The Phase II program consisted of four (4) master diamond drill holes and one (1) daughter diamond drill hole totalling ~4,700 metres (“m”) to test potential extensions of mineralization along and beneath the pastproducing, high-grade Eagle-Telbel mine trend. The Company is also pleased to announce the appointment of Kiran Patankar as Chief Financial Officer, effective immediately. The highlighted intercept in EM-22-009 is located to the north of the main modeled Eagle mine horizon in the hanging wall microgabbro. There is limited historical drilling in the hanging wall at Eagle and drill holes were not typically assayed for gold as previous operators were not focused on this mineralization style and favourable structural-stratigraphic target type. The new EM-22-009 intercept and other notable high-grade historical intercepts hosted in the same microgabbro unit (see Figure 2) are further indications |
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