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Maple Gold Provides Update on Fall 2020 Drill Campaign and Commences Major Geophysical Survey at Douay
Montreal, Quebec--(Newsfile Corp. - January 5, 2021) - Maple Gold Mines Ltd. (TSXV: MGM) (O...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Maple Gold Provides Update on Fall 2020 Drill Campaign and Commences Major Geophysical Survey at DouayMontreal, Quebec--(Newsfile Corp. - January 5, 2021) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") is pleased to provide an update on exploration activities at its Douay Project (the \"Project\") located in Quebec, Canada. The Company has expanded its Fall 2020 drill program to consist of 10 holes totalling over 4,000 metres with completion expected in early January 2021 and assay results pending. The Company has also commenced one of the largest Induced Polarization (\"IP\") surveys to be carried out on the project totalling approximately 117 line km over three grids, including over a 15 km2 area along the northern flank of the Douay resource area. \"We are pleased to have expanded our Fall 2020 drill campaign with a significantly larger program than we initially planned due to encouraging indications of a significant sulphide system at the high-priority Northeast IP target,\" stated Fred Speidel, VP Exploration for Maple Gold. \"While assay results are taking longer than anticipated to be returned, we made the decision to mobilize a second drill rig to further test this regional anomaly along its full 2-km-long strike length with two additional holes.\"\"Additionally, one of the key themes at Maple Gold has been the generation and testing of new discovery targets at our district-scale Douay property and this will continue to be a focus for us in 2021. The IP work that has begun covers a large area along an important shear zone just north of the currently known resource and includes an undrilled potential source area for the highest gold-in-till anomaly on the property. There are many exciting opportunities like this at the property and we look forward to systematically detailing more targets for upcoming drill campaigns,\" concluded Mr. Speidel.Fall 2020 Drilling Campaign The Company has expanded its Fall 2020 drill program to consist of 10 holes, eight of which have been completed and two pending completion in January 2021, for a total of approximately 4,050 metres drilled to date (see Figure 1 for drill hole locations). Key details are as follows:Three holes were completed at the high-priority regional Northeast IP Target (\"NE IP Target\") with one additional hole in progr...