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Maple Gold drills 50 metres of 1.77 g/t Au and extends new Nika Zones in the NW Gap Area
MONTREAL, Quebec, May 14, 2018 (GLOBE NEWSWIRE) -- Maple Gold Mines Ltd. (“Maple Gold” or the “Company”) (TSX-V:MGM) (OTCQB:MGMLF) (Frankfurt:M3G) is pleased to
About this update from Maple Gold Mines Ltd
[{"type":"text","content":" MONTREAL, Quebec, May 14, 2018 (GLOBE NEWSWIRE) -- Maple Gold Mines Ltd. (“Maple Gold” or the “Company”) (TSX-V:MGM) (OTCQB:MGMLF) (Frankfurt:M3G) is pleased to report additional drill results from the Nika Zones located in the “NW Gap Area” between the Douay West, Porphyry and NW resource zones. DO-18-218 returned 50m grading 1.77 g/t Au (uncut) from 297m downhole (estimated 200m true vertical depth). The up-dip extension of this mineralized zone remains open to surface 50m intercept shows excellent continuity with few internal low-grade samples and more than twice the width and twice the grade expected as per the previous wireframe interpretation This wireframe was not included in the Micon 2018 pit-constrained resource estimate due to insufficient drill density, therefore representing potential additions to the existing resource base Maple Gold’s President and CEO, Matthew Hornor, stated: “We are very pleased with the early returns from the 2018 drill campaign. Defining the new Nika Zones and the additional success we’ve had in the NW Gap Area has the potential to add significantly to our resource base and brings us a step closer to connecting some of the zones in this large intrusive related gold system.” Table 1. Assay Highlights for DO-18-218 Hole Easting Northing Azimuth Plunge From To Interval Au ppm DO-18-218 705200 5491498 360 -45 162.0 176.0 14.0 0.35 DO-18-218 201.0 222.5 21.5 0.54 DO-18-218 290.1 292.0 1.9 0.80 DO-18-218 297.0 347.0 50.0 1.77 Including 298.0 324.0 26.0 1.40 Including 342.8 347.0 4.2 8.92 DO-18-218 357.3 366.1 8.8 0.44 Including 364.0 366.1 2.1 1.05 DO-18-218 391.0 403.0 12.0 0.31 DO-18-218* 409.8 423.0 13.2 0.86 including 415.0 419.5 4.4 1.24 DO-18-218* 453.0 454.0 1.0 1.67 *Reported April 23, 2018. Intervals given are all down-the hole lengths, which are estimated to be approximately 90% of true width. Coordinates are NAD83 Zone 17N. All assays were performed by ALS Laboratories by AU-ICP21, i.e. 30 g fire assay with ICP finish with over limits (>10 g/t Au) done by AU-GRA21, i.e. gravimetric ...