Maple Gold Mines Halted – Here’s More Information On The Drill Results
Just over an hour ago Maple Gold Mines (TSX.V:MGM & OTCQB:MGMLF) was halted due to some very nice assay results that were just released. Headline numbers include 158.2m @ 1.25 g/t, including 52 meters @ 3.53 g/t. Most importantly this drill hole was outside of the current known resource area. Matthew Horner, President and CEO joins me today to share the significance of the news today.
Click download link to listen on this device: Download Show
Click here to read over the full news release on the drill results.
Hi Cory,do you think this is starting to look like the beginings of a Canadian Malartic??
Also, on another site, Matthew was quoted as saying there already in advanced stages with strategic partners.If you have a minute I would like to hear your thoughts on those two points
Thanks again for all your hard work!!
Scott
Hey Scott,
You draw an interesting comparison with the Canadian Malartic Mine. These new drill results now bring the potential grade much closer (actually over) the average grade of Malartic, which is 1.1g/t. This is just one hole but if Matthew and his team can follow up with some more grades of over 1g/t then this question will be asked much more. It is too early to say much more.
As for strategic partnerships it would not surprise me if some majors were kicking the tires. There is already a significant resource and as the Company moves further along the “super pit” strategy it will cost quite a bit to build the mine. Much like Malartic it might be a couple majors that enter the picture but as for now Maple Gold has money so doubt they are in a rush.
I am very excited about this Company especially after these drill results. Remember I am a shareholder!
Thanks again for your questions and please keep them coming.
Cory
Well Cory I have to say it might be time to add!!!
Great interview as usual.
Scott