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Maple Gold reports drill results from central Porphyry Zone at Douay: 158.2m @ 1.25 g/t Au, including 52 metres @ 3.53 g/t Au
MONTREAL, Quebec, May 02, 2018 (GLOBE NEWSWIRE) -- Maple Gold Mines Ltd. (“Maple Gold” or the “Company”) (TSX-V:MGM) (OTCQB:MGMLF) (Frankfurt:M3G) is pleased re
About this update from Maple Gold Mines Ltd
[{"type":"text","content":" MONTREAL, Quebec, May 02, 2018 (GLOBE NEWSWIRE) -- Maple Gold Mines Ltd. (“Maple Gold” or the “Company”) (TSX-V:MGM) (OTCQB:MGMLF) (Frankfurt:M3G) is pleased report additional drill results from the current winter drilling campaign at the Douay Gold Project. DO-18-216 intersected 52m grading 3.53 g/t Au (uncut), within a broader, 158.2m interval grading 1.25 g/t Au (uncut) from 335m downhole (estimated vertical depth of ~220m) within the south-central part of the Porphyry Zone. Maple Gold’s President and CEO, Matthew Hornor, stated: “This interval appears to represent one of the 5th best intervals in the entire 760+ drill-hole database and the best intercept reported from the Porphyry Zone to-date.” Hornor added, “We are very pleased to receive such a positive result with only a fraction (~25%) of the assays received to-date, and one that indicates this particular zone widens and may extend beyond the currently-defined zone with higher grades.” Table 1: Significant Drill Highlights from Porphyry Zone Hole Easting Northing Azimuth Plunge From To Interval (m) Au (g/t) DO-18-216 706600 5490525 341 -49 334.8 493 158.2 1.25 including 441 493 52.0 3.53 including 460 481 21.0 7.87 including 471 472.5 1.5 86.19 DO-18-216 507 508 1.0 1.05 DO-18-203 706999 5490336 350 -51 198.35 199.3 1.0 4.37 DO-18-203 439 442 3.0 1.17 DO-18-203 614 633 19.0 0.88 including 625 626 1.0 4.13 including 632 633 1.0 8.21 *Intervals given are all down-the hole lengths, which are about 90% of true width for DO-18-203 and essentially identical to true width for DO-18-216. Coordinates are NAD83 Zone 17N. All assays were performed by ALS Laboratories by AU-ICP21, i.e. 30 g fire assay with ICP finish with over limits (>10 g/t Au) done by AU-GRA21, i.e. gravimetric analysis of 30g sample weight. DO-18-216 was planned to test the lateral continuity of gold mineralization in an area of the Porphyry Zone with both a cluster of relatively high-grade intersections and associated broad haloes of slightly lower grade mineralization. The assay results support the Company’s concept of multiple higher-grade zones or shoots within the ...