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Maple Gold Intersects 5.8 g/t Gold over 2 Metres Within 3.9 g/t Gold over 4.5 Metres, and up to 11.1 g/t Gold More than 500 Metres Beneath Historical Telbel Mine at Joutel
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Maple Gold Mines Ltd. (TSXV: MGM)...
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[{"type":"text","content":"Maple Gold Intersects 5.8 g/t Gold over 2 Metres Within 3.9 g/t Gold over 4.5 Metres, and up to 11.1 g/t Gold More than 500 Metres Beneath Historical Telbel Mine at JoutelVancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") is pleased to report complete gold (\"Au\") assay results (multi-element assay results remain pending) from the first phase of deep drilling at the Telbel Mine area (\"Telbel\") of the Joutel Gold Project (\"Joutel\") located in Québec, Canada, which is held by a 50/50 joint venture (the \"JV\") between the Company and Agnico Eagle Mines Limited.The JV completed a total of 7,343 metres (\"m\") in three (3) master drill holes and four (4) wedge drill holes, with TB-22-001 and TB-22-003 (and their respective wedges) testing the modeled down-plunge extension of gold mineralization beneath the historical Telbel workings. TB-22-002 (and its wedge) was a step-out to test the southeast continuity of the Eagle-Telbel system (see Figure 1). Highlighted Results and Key Takeaways:All three (3) holes intersected significant horizons of semi-massive to massive sulfides, with TB-23-003W2 intersecting significant gold mineralization approximately 575 m below the lowest level of historical mining at Telbel.TB-23-003W2 intersected 3.5 grams per tonne (\"g/t\") Au over 4.8 m (from 2,018.2 m downhole), including 5.2 g/t Au over 2.0 m and 11.1 g/t Au over 0.5 m in semi-massive to massive pyrite. An additional intercept returned 3.9 g/t Au over 4.5 m in a pyrite-Fe-carbonate zone near the end of the hole (from 2,044.4 m), including 5.8 g/t Au over 2.0 m and 7.6 g/t Au over 1.0 m (see Figure 2 and Plates 1 and 2). These results indicate that gold mineralization is present well below the limits of historical mining in this area.While the majority of historical sulfide intercepts are located along or near the known Eagle-Telbel Mine Horizon, both TB-23-003 wedges intersected broader semi-massive pyrite intervals (up to 100 m downhole thickness), within which multiple lower-grade (up to 35 m thick and up to 1.1 g/t Au; see Table 1) intercepts were returned approximately 550 m up-hole from the intercepts noted above (see Figure 3). This lower-grade gold mineralization in semi-massive sulfide could represent the edges of a new...