Vancouver, British Columbia – (10. May 2021) – Maple Gold Mines Ltd. (TSX-V: MGM) (OTCQB: MGMLF) (FSE: M3G) (“Maple gold“Or that”Companies“ – https://www.commodity-tv.com/ondemand/companies/profil/maple-gold-mines-ltd/) So pleased The completion of the The first stage of Digitization work of about 250,000 meters Historical drilling data for the gold project Jotle In Quebec, Canada, To advertise. Gold Project Jotle (“JotleOwned by a 50/50 joint venture (“JV”) between the Company and Agnico Eagle Mines Limited (“Agnico”). The JV is now in The second stage of the digitization process Create One 3D model To set the target drill Includes. First results and figures that come out This The emergence of work has become Near the end of the second Quarterly 2021 Chest has become.
Important points:
– Jotle made by Agnico Brought to JV (see News February 3, 2021) and residence One of the first Gold mines Of Agnico, which has kept more than 1.1 million ounces of gold in Underground operation Produced.1
– The The immediate vicinity of the former NumberThe underground mine is of particular interest to the joint venture as historical mining focuses on exploiting a single area between levels of 600-1000 meters Will be.
– Aside from mine reclamation and minimal exploration in 2011-2012, which covered areas of more than one mile east Number Focused they were I am Minengebiet Number No exploration was carried out since the mine was closed until the joint venture was established.
– Then The likelihood of continuing gold mineralization and prospecting opportunities outside previously mined areas Number Has been recognized, The joint venture started with digitization From Around 250.000 meters Historical Etching data in electronic format to aid in 3D modeling and drilling targeting.
– First results and figures It should Later this quarter To be published.
1 The Production numbers were from Agnico The introduction is historical in nature.
“We are pleased that Agnico is digitizing Historical data at Jotle Completed Work began on a comprehensive 3D modelSaid Matthew Hornor, Maple Gold President and CEO. “We have good reason to believe this in a mine area Number a The highest score Gold mineralization is present. As the digitization process is now complete and the modeling is in progressAnd the A joint venture can do one more developed And a more recent exploration approach is to target gold mineralization near the surface and in depth in the areas surrounding historical pits. we Looking forward to The results of this work and the forthcoming exploration plans for the joint venture To advertise. “
NumberData digitization program
Before establishing JV Between Maple Gold and Agnico she was Paper records The Historical Drilling holes The From the 1960s to the 1990s In the Offices By Agnico Kept. The JV project A large-scale collection program began to transform the whole Analog data at electronic Format to … a Systematic evaluation Of potential GoldHaltig Mineralize it at Number Still available, To enable and To systematically target on The entire property package To improve the project.
The The main components of a program Be Below Summarization:
– The first stage: Historical digitization Analog Drilling data. This with more 2.600 diamond hole drillCalifornia die. 247.000 meters CoverAnd the Been completed.
– The second phase: Building a the new 3D model. completion is expected against End of the second quarter of 2021.
– third level: Targeting prioritized drilling And approval. completion is expected In the third quarter of 2021.
The first results and figures resulting from digitization and 3D modeling are expected to be available at the end of the second quarter Chest, With a more comprehensive model and corresponding exploration plans later this year Must be announced.
Eligible Person
The statements included in this press release have been prepared under the direction of Fred Speidel, M. Sc. , P. Geo. , Vice President, Gold Maple Prospect. Mr. Speidel is a qualified person according to National instrument 43-101 standards From disclosure to Metal projects. Mr. Speidel has data regarding The Information published in this press release has been revised.
On Maple Go
Maple Gold Mines Ltd. It is a Canadian exploration company operating in A. 50/50 joint venture With Agnico Eagle Mines LimitedTo participate in Gold projects Loud And the Jotle In Quebec Abitibi Greenstone gold belt. The Projects Take advantage of exceptional access to the infrastructure and you have nearly 400 PKilometers of highly anticipated terrain including a well-established gold resource (RPA 2019)Which has great potential for expansion, as well as mine previous product Number.
The property also hosts a large number of regional exploration targets along the 55 km strike of the Casa Berardi deformation area that has yet to be tested, making the project ready for new gold and multi-mineral discoveries. The company is good Uppercase and It is currently focused on implementing Exploration and Drilling programs to expand resources and make new discoveries to create an exciting new gold zone in the heart of Abitepe. For more information, please visit the website www.maplegoldmines.com.
At the request of the company MAPLE GOLD MINES LTD.
“Matthew Hornor“
Matthew Hornor President & Executive Director
For more information, please contact:
Shirley Anthony
Corporate Communications Manager
Useful: 778.999.2771
e-mail: [email protected]
in Europea:
Swiss Resource Capital AG
Jochen Staiger
Neither TSX VENTURE EXCHANGE nor the Regulatory Service Provider (as defined in the TSX Project Exchange Policies) is responsible for the adequacy or accuracy of this press release.
Forward-looking statements:
This press release contains “Forward-looking information. ” “Forward-looking statements” (Summarizes as “Forward-looking statements” Denoted) within the meaning of the Canadian securities laws applicable in Canada, including the data above Exploration work And the Results from the current one And the future Work programs. Forward-looking statements are based on assumptions, uncertainties and the best possible estimates of future events by Administration. Actual events or results may differ materially from expectations and expectations From The company varies. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers are cautioned not to rely excessively on forward-looking statements. For a more detailed discussion of these risks and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, see the Maple Gold Mines Ltd. documents. The It was filed with Canadian securities regulators and at the address www.sedar.com Or on the site From Company under www.maplegoldmines.com Available. The company does not intend, and expressly disclaims any intention or obligation, to update or review any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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