Business
Maple Gold extends Nika Zone mineralization to the east and recaps 2018 success in the NW Gap Area
Montreal, Quebec--(Newsfile Corp. - July 26, 2018) - Maple Gold Mines Ltd. ( TSXV: MGM) (OTC...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Maple Gold extends Nika Zone mineralization to the east and recaps 2018 success in the NW Gap AreaMontreal, Quebec--(Newsfile Corp. - July 26, 2018) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") is pleased to report the final drill results from the NW Gap Area, i.e. the area between the NW, Douay West and Porphyry Zones, which includes the new Nika Zones. There were a select number of historical drill-holes drilled in the NW Gap Area from 2011 to 2017 inclusive by Aurvista Gold (now Maple Gold Mines), but due to the limited drill density, this area represented a high-priority target for new discoveries and potential extensions of existing zones outside the currently established conceptual pits (Micon 2018). Within this area (see Figure 1) a total of twelve (12) holes were drilled in 2018, with the majority spaced from 100 up to 300 metres from the nearest pre-existing drill collar.\nAssay results have been received for the final drill hole (DO-18-241) from the Nika Zones, which tested the eastern limit of the recently defined mineralization in the heart of the NW Gap Area. This drill-hole confirmed the eastern continuity of gold mineralization from DO-18-218 (50m of 1.77 g/t Au — see press release May 14, 2018), and cut eight narrow mineralized zones averaging greater than 1 g/t Au. The mineralized zones start from a downhole depth of 148m (estimated vertical depth of 130m), including 12m of 1.78 g/t Au uncapped (two adjacent zones combined), 3.6m of 1.12 g/t Au and 1.0m of 6.72 g/t Au, see Table 1 and Figure 2A. The above-mentioned intercepts in DO-18-241 included four new higher grade (>2 g/t Au) samples forming part of the Nika cluster (see Figure 1), all of which are outside existing conceptual pits and wireframes and therefore represent potential additions to the existing resource base.\nMaple Gold's President and CEO, Matthew Hornor, stated: \"When we started designing our 2018 drill program, we encouraged our technical group to take some chances with greenfield drilling and aggressive step-out drilling beyond known zones in the general resource area. Following this approach has resulted in the definition of new zones in the NW Gap Area and gives us confidence that the potential for additional new discoveries at Douay remains excellent. Greenfield drilling resul...