Maple Gold Mines – >5Mil Oz Gold Resource Update, Ongoing Expansion Drilling Throughout The Year
In this Company Update, I sit down with Kiran Patankar, President and CEO of Maple Gold Mines (TSX.V: MGM | OTCQB: MGMLF). Following a resource update released on April 27, 2026, Kiran discusses the company’s evolution over the last four years and the goal to continue to grow the almost 5.2mil oz gold resource (indicated + inferred) at the Douay/Joutel Project in Quebec’s prolific Abitibi region.
Key Interview Highlights:
- Significant Resource Growth at Douay: Learn how the team increased contained metal by over 50% in the indicated category and established a 4-million-ounce foundation at the Douay project.
- The Rebirth of the Joutel Mine Complex: Discover the strategic importance of the Joutel underground resource, a past-producing high-grade complex.
- Optimized Open-Pit Strategy: Understand the more conservative gold price and lower cutoff grades to improve strip ratios and enhance the project’s eventual development trajectory.
- Aggressive 2026 Drill Program: Kiran outlines the current 23,000 meter program and plans for an additional fully funded 70,000-meter drill campaign.
- Technical De-risking and Economics: An overview of when the company will work on a Preliminary Economic Assessment (PEA).
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.
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Precious metal mining stocks suck these days, I’m sure there are a few winners but the losers are everywhere. DT
90-95% of the damage is over, IMO. You’ve got long-term moving averages that are just catching up to price–by far the most important being the 200 day MA.
I also watch long term Bollinger bands, which indicate potential energy. The 200 day BBs are still blown out for many miners (Hecla is a pretty extreme example) and have finally started the narrowing process. For Hecla, based the trajectory of the bands, I would expect them to be significantly narrowed by June or July. That doesn’t mean that Hecla hasn’t bottomed or that it can’t rally in the near term–it’s just that I would say the odds are against it breaking above its recent high before then.
https://tinyurl.com/mrxbaybw
SILVER : Miners Bottoming
Earnings Soon (May)
The silver miners are sure overdone against the semiconductors after a 47% drop since the end of January…
SILJ:SOX
https://schrts.co/CEazCScF
SILJ:SOX weekly:
https://schrts.co/yEYSqKpm
https://tinyurl.com/ye36hu9n
GOLD : Earnings Soon
AGI KGC (Close)
https://www.tradingview.com/x/l2VrEJ1b/
DOLLAR : Remember The Maine
https://tinyurl.com/2tatk7wk
The EDGE (Tech) : SOXX
4/27 Top Confirmed?
HydroGraph broke out this morning above resistance at $8.30 CDN. Third time lucky! DT 🤣🤣🤣
Hi Rod, are you still with us? DT
Hey DT , good to see you again, I have been accumulating for a few weeks with these soft prices on HG. I think that with all the news in the pipeline this story is going to get crazy fun in the coming weeks and months. Have you been a buyer?
Hi Rod, I bought some ADD-ONS today. This is some story! LOL! DT
Silver 1h,
SLVU 10m, still beating most silver stocks…
Silver 10m, doesn’t look good…
USD$ 10m, nice drop, can’t say I’m disappointed, 🤣
https://www.tradingview.com/x/krOM72Cu/
DOLLAR : More Downside
https://tinyurl.com/mrxbaybw
The EDGE (SILVER)
May Earnings!
I missed the speech but I guess by the reaction of the miners, Powell must have said all the world wide shortages in the metals are no problem. If not the new guy will come in and do the right thing….