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Maple Gold Intersects Several Mineralized Zones in East-Central Resource Area: Including 21m of 3.49 g/t Au and 27.5m of 1.25 g/t Au
Montreal, Quebec--(Newsfile Corp. - July 9, 2018) - Maple Gold Mines Ltd. ( TSXV: MGM) (OTCQ...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Maple Gold Intersects Several Mineralized Zones in East-Central Resource Area: Including 21m of 3.49 g/t Au and 27.5m of 1.25 g/t AuMontreal, Quebec--(Newsfile Corp. - July 9, 2018) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") is pleased to report additional drill results from the eastern half of the Porphyry Zone within the current Resource Area at the Douay Project. Within this area (see Figure 1) a total of sixteen (16) infill and step-out holes were drilled in 2018, with all assays now received. The highlighted results below are from holes that were drilled in an area with lower drill density (see Figure 1), so the opportunity exists to define additional zones further north. The main intercepts in DO-18-247 and DO-18-254 show significantly higher grades than adjacent holes, indicating that grade may increase with depth in this area. DO-18-247 cut several mineralized zones, including 21.0m of 3.49 g/t Au, including 6.0m of 9.32 g/t Au, both uncapped (see Figure 2A). DO-18-254 cut 27.5m of 1.25 g/t Au, including 2.1m of 5.36 g/t Au (see Figure 2B) DO-18-244 cut several mineralized zones, including 7m of 2.06 g/t Au and three others over 1 g/t Au (see Figure 2C)In addition to the highlights mentioned above, several other drill-holes confirmed lateral and vertical continuity of mineralization (see Table 1: Highlighted Drill-Results from the Eastern Portion of the Porphyry Zone appended to this press release).Maple Gold's President and CEO, Matthew Hornor, stated: \"We continue to intersect new zones of mineralization and given the widely spaced drilling in this eastern part of the Resource Area there is still good potential to make additional discoveries with further drilling.\"DO-18-247 (Figure 1 and 2A) confirmed the down-dip extension of the mineralized zones cut in historical hole DO-11-72 collared 260m to the north, with a significantly higher grade intercept in the 2018 hole as compared to historical holes. Compared to the existing block model, DO-18-247 will improve block grades, and should allow the conceptual pit to extend to greater depth. Similarly, DO-18-254 confirmed the lateral continuity of the same interpreted mineralized zone, again with higher than expected grades. The up-dip extension of this zone will require additional drilling. The DO-18-254 intercept of ...