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Maple Gold Mines Reports Updated Mineral Resource Estimate for the Douay/Joutel Gold Project, Québec, Including a Maiden High-Grade Underground Mineral Resource Estimate at Joutel
Total Project Indicated Resources Increase 77% to 905,000 Gold Ounces (19.1 Mt at 1.55 g/t Au) and Total Project Inferred Resources Increase 70% to 4,279,000
About this update from Maple Gold Mines Ltd
[{"type":"text","content":" Total Project Indicated Resources Increase 77% to 905,000 Gold Ounces (19.1 Mt at 1.55 g/t Au) and Total Project Inferred Resources Increase 70% to 4,279,000 Gold Ounces (130.2 Mt at 0.88 g/t Au) Vancouver, British Columbia--(Newsfile Corp. - April 27, 2026) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQX: MGMLF) (FSE: M3G0) (\"Maple Gold\" or the \"Company\") is pleased to announce a significant update to the independent Mineral Resource Estimate (\"2026 MRE\") at its 100%-owned Douay Gold Project (\"Douay\") and Joutel Gold Project (\"Joutel\") (together, \"Douay/Joutel\" or the \"Project\"), further establishing Douay/Joutel as a growing, district-scale gold project in Québec's Abitibi region. Pit-constrained and underground Mineral Resources at Douay have both increased along with further conversion from Inferred to Indicated Mineral Resource categories based on successful exploration and infill drilling between October 2021 and November 2025, comprehensive mineralization modeling, and using higher cost and gold price assumptions compared to the 2022 MRE1. The 2026 MRE also includes a maiden high-grade underground Mineral Resource at Joutel, which hosts the past-producing, high-grade Joutel Mining Complex2. The Douay pit-constrained 2026 MRE is reported at a cut-off grade (\"COG\") of 0.35 grams per tonne (\"g/t\") gold (\"Au\") and consists of: Indicated Resource of 17.3 million tonnes (\"Mt\") at an average grade of 1.31 g/t Au totaling 731,000 ounces (\"oz\") Au; and Inferred Resource of 111.1 Mt at an average grade of 0.77 g/t totaling 2,744,000 oz Au. The Douay underground 2026 MRE is reported at a COG of 0.98 g/t Au and consists of: Indicated Resource of 0.9 Mt at an average grade of 1.66 g/t Au totaling 48,000 oz Au; and Inferred Resource of 11.7 Mt at an average grade of 1.50 g/t Au totaling 560,000 oz Au. The Joutel underground 2026 MRE is reported at a COG of 1.70 g/t Au and consists of: Indicated Resource of 0.9 Mt at an average grade of 4.53 g/t Au totaling 126,000 oz Au; and Inferred Resource of 7.5 Mt at an average grade of 4.11 g/t Au totaling 992,000 oz Au. \"The 2026 MRE marks a major milestone for Maple Gold, delivering substantial resource growth at Douay based on limited drilling and establishing a maiden high-grade underground Mineral Resource at Joutel, which together have added 394,000 Indicated and 1,772,...