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Maple Gold Aims to Detail New Discovery Targets With IP Surveys at Douay
Montreal, Quebec--(Newsfile Corp. - June 30, 2020) - Maple Gold Mines Ltd. ( TSXV: MGM ) ( O...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Maple Gold Aims to Detail New Discovery Targets With IP Surveys at DouayMontreal, Quebec--(Newsfile Corp. - June 30, 2020) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") has initiated line cutting at site with new Induced Polarization (\"IP\") surveys set to commence shortly. In addition to the Company's more advanced exploration work within the western part of the resource area, where the Company believes it can define a near-surface higher grade subset of the total Douay resource with compelling economic characteristics, Maple Gold also continues to evaluate and advance the highest priority discovery targets on the property. This dual focus is consistent with the Company's integrated exploration strategy. Modern IP surveys have proven to be a very effective targeting tool for Maple Gold, as today's IP technology can detect causative sources to depths of more than 400 metres, whereas older IP technologies would have struggled to produce reliable data beyond about 200 metres depth, in particular in the presence of near-surface conductive overburden. The summer 2020 program is designed to expand existing anomalies and define new ones in the following areas (see Fig. 1):NE Target: Regional discovery target with geological context comparable to the Vezza mine and a series of chargeability anomalies over a 3km trend including a drill-ready target the Company plans to drill later this year. Current IP will aim to detail northern extent of anomalies (Fig. 2).531 Zone: Results from the winter 2020 3D IP survey in this area (eastern part of the \"South Target\" in Fig. 3 below) supported target concepts, i.e. an ESE-trending sulfide system open to the WNW, ESE and at depth. Current IP will aim to detail the lateral extent of the existing chargeability anomaly, with particular interest to the ESE where the anomaly remains open with a drilling gap of ~1km.South Target: Large 2.3km by 0.4km target on the south side of the resource area, where a large favourable magnetic signature with very limited drilling is present. The western part of this target was designated as highly prospective in a past Artificial Intelligence study (see Fig. 3). Current IP will aim to establish drill-ready targets, which could be tested this summer/fall given all-season gravel road access.Main Zone W Extension: T...