In this company update, Kiran Patanker, President and CEO of Maple Gold Mines (TSX-V: MGM – OTCQB: MGMLF – FSE: M3G) joins us to recap Maple Gold’s recently completed and fully released 12,000‑meter drill program at the Douay Project in Quebec. This was an upsized campaign, from 10,000 to 12,000 meters, targeting growth beyond the current 3Moz gold resource.
Key discussion points:
- Strategy & Goals: Expanding and upgrading the Douay resource through down‑plunge extensions and targeted step‑outs in zones like Nika and 531.
- Standout Results:
• Nika Zone – 2.1 g/t Au over 108m, including multiple high‑grade intercepts.
• 531 Zone – 15m @ 4.9 g/t Au, 11.4m @ 3.7 g/t Au, and more significant depth extensions. - Efficient Execution: Delivered at ~$300/m all‑in cost vs. $400 budgeted, covering six zones across 21 holes.
- Next Steps: Upcoming updated Mineral Resource Estimate, plans for follow‑up drilling in high‑grade zones, and advancing exploration across the 500 km² land package.
Maple Gold aims to grow its 3Moz resource toward 5Moz by combining open‑pit optimization with new bulk‑tonnage underground potential.
Please email me your follow up questions for Kiran. My email address is Fleck@kereport.com.
Click here to visit the Maple Gold Mines website to learn more about the Company.