Business
Maple Gold Drills 10.3 g/t Gold over 7.8 Metres, Including 41.1 g/t Gold over 1 Metre, in the North Mine Horizon at Eagle
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Maple Gold Mines Ltd. (TSXV: M...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Maple Gold Drills 10.3 g/t Gold over 7.8 Metres, Including 41.1 g/t Gold over 1 Metre, in the North Mine Horizon at EagleVancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") is pleased to report additional assay results from the Company's 2022 drilling at its 100%-controlled Eagle Mine Property (\"Eagle\") located in Québec, Canada. The new results represent complete assays from five (5) follow-up holes for which partial results were previously reported (see news from December 13, 2022), targeting northwest extensions of the main mine horizon and along multiple sub-parallel gold horizons (see Figures 1 and 2). The Company's latest drilling in the northern splay of the main mine horizon (the \"North Mine Horizon\") has returned the best intercept to-date from its 2022 program at Eagle.Highlights:Drill hole EM-22-015 intersected 10.3 g/t gold (\"Au\") over 7.8 metres (\"m\"), including 41.1 g/t Au over 1.0 m in the North Mine Horizon.Further up-hole, EM-22-015 intersected 4.3 g/t Au over 3.9 m, including 6.6 g/t Au over 2.0 m, demonstrating the potential for the North Mine Horizon to be wider than what was previously interpreted (see Figure 2).The EM-22-015 intercepts are located down-plunge from historical high-grade, near-surface drill results from a geologically similar hole (E-19: 19.6 g/t Au over 7.9 m, as well as 17.5 g/t Au over 5.6 m further up-hole) in an area with limited drilling that remains open further down-plunge (see Figure 3).EM-22-015 has now returned seven (7) separate intercepts over a 120 m interval starting from 142.5 m downhole.Assays are still pending for roughly 20% of the Company's 2022 drilling at Eagle.\"Drill results continue to support the Company's view that multiple sub-parallel gold horizons exist beyond what was historically mined at Eagle and have expanded our target areas along a broader mineralized corridor over a stratigraphic thickness that now exceeds 100 metres in width,\" stated Matthew Hornor, CEO of Maple Gold. \"There is an apparent concentration of >10 g/t gold starting near surface and extending down-plunge to the EM-22-015 intercepts along the North Mine Horizon in an area with limited drilling that remains open further down-plunge. This represents just one of several ...