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Maple Gold Resumes Drilling at Douay with Plans to Drill up to 20,000 Metres Across the Company's Project Portfolio
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2021) - Maple Gold Mines Ltd. (TS...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Maple Gold Resumes Drilling at Douay with Plans to Drill up to 20,000 Metres Across the Company's Project PortfolioVancouver, British Columbia--(Newsfile Corp. - November 15, 2021) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") is pleased to announce that drilling has resumed at the Douay Gold Project (\"Douay\") in Quebec, Canada following a short break to prepare for fall and winter operations. Douay is held by a 50/50 joint venture (the \"JV\") between the Company and Agnico Eagle Mines Limited.Fall 2021 drilling is underway at Douay with the first drill rig now on site. A second drill rig is expected to arrive in early December to commence a planned Phase I drill program at the Company's 100%-controlled Eagle Mine Property (\"Eagle\") (see news from October 7, 2021). Drilling will continue with two rigs through Q1 2022 to test additional targets as part of the JV's planned winter 2022 drill campaign.Matthew Hornor, President and CEO of Maple Gold, stated: \"We are incredibly excited to get the drills turning again at Douay and also look forward to testing high priority targets at Eagle in a matter of weeks. In addition, we are working closely with our JV partner to refine drill targets for the winter 2022 campaign, with up to 20,000 metres of planned drilling during the next six months across our 400 km² property package. Based on the JV's exploration success last season, we anticipate generating compelling drill results that advance the Company's mineral potential across multiple deposits.\"Douay Drill TargetsInitial fall drilling at Douay (see Figure 1 for hole locations) will be focused in the Nika and 531 Zones to follow up on exceptional results from the JV's maiden winter 2021 drill campaign, including 1.6 g/t gold (\"Au\") over 132.5 metres (\"m\") in mixed intrusive and basaltic rocks and 8.8 g/t Au over 28.5 m in basaltic rocks, respectively (see news from May 26, 2021 and September 9, 2021). These two intercepts, which are over 4 km apart, are among the top five ever drilled on the property in terms of gold accumulation (grade x thickness).Fall 2021 drilling will also include multiple holes located approximately 600 m to the east of the Central Zone conceptual pit limits as defined in the RPA 2019 mineral resource estimate, with an additional 700 m of strike t...