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Maple Gold Reports Phase I Drill Results at Eagle, Including 6.4 g/t Gold over 3.0 meters within 4.0 g/t over 7.5 metres
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2022) - Maple Gold Mines Ltd. (TSXV: ...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Maple Gold Reports Phase I Drill Results at Eagle, Including 6.4 g/t Gold over 3.0 meters within 4.0 g/t over 7.5 metresVancouver, British Columbia--(Newsfile Corp. - June 20, 2022) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") is pleased to report assay results from the Company's Phase I drill program at its 100%-controlled Eagle Mine Property (\"Eagle\") in Quebec, Canada. The Phase I program consisted of eight (8) diamond drill holes totaling 4,462 metres (\"m\") that begin to test potential extensions of mineralization along the past-producing Eagle-Telbel Mine Trend. Importantly, drilling has identified at least four (4) additional styles of gold mineralization beyond the known Eagle-Telbel style mined historically, providing further indications for multiple gold events that may provide for broader gold distribution than previously interpreted.Highlights:Drill hole EM-22-005 intersected 4.0 grams per tonne gold (\"g/t Au\") over 7.5 m, including 6.4 g/t Au over 3.0 m, within a semi-massive pyrite and iron carbonate horizon typical of historical Eagle-Telbel style of mineralization (see Plates 1 and 2).Drill hole EM-22-001 intersected 4.4 g/t Au over 0.9 m within quartz-carbonate veinlets containing visible gold (VG).Drill hole EM-22-002 intersected 2.4 g/t Au over 4.7 m, including 3.8 g/t Au over 2.1 m, within highly altered, graphitic and pyritic Harricana Group sediments, as well as 2.1 g/t Au over 1.8 m further up hole in altered microgabbro. Fred Speidel, VP Exploration of Maple Gold, stated: \"We are pleased with the results to date from our initial Eagle drill campaign. The data collected during Phase I is already guiding our Phase II drilling, which tests the Eagle-Telbel Mine Trend at greater depths, and we expect to reach our target of twelve (12) drill holes totaling roughly 8,200 m by the end of this quarter. In addition, we have just completed Winter 2022 drilling at Douay with assay results anticipated in the coming weeks, and initial partnership drilling at Telbel is expected to commence in Q3 2022 as part of a recently approved C$4.8 million supplemental budget for deep drilling at Douay and Joutel. This year should prove be the Company's busiest one yet for exploration drilling, reflecting our aim of making new discoveries and achieving significant resource...