Maple Gold Mines Ltd (MGM) Economic Study
TSXV: MGM · Gold · Advanced Exploration stage
- Market cap$196.1M
- Share price$2.64
- 52-week range$1.14 – $4.00
- Shares outstanding74,282,575
- ExchangeTSXV
- Websitewww.maplegoldmines.com
Maple Gold Mines Ltd. is a well-funded Canadian gold exploration company focused on advancing its 100%-owned, district-scale Douay/Joutel Gold Project located in Québec's prolific Abitibi Greenstone Gold Belt. Douay/Joutel benefits from exceptional infrastructure access and boasts ~481 square kilometres of highly prospective ground including an established gold mineral resource at the Douay 2 and Joutel 3 deposits, both with significant expansion potential, as well as the past-producing Eagle and Telbel mines at Joutel that were key parts of the historical Joutel Mining Complex. The total Douay/Joutel Mineral Resource Estimate now stands at 905,000 oz Au Indicated (19.1 Mt at 1.48 g/t Au) and 4,297,000 oz Au Inferred (130.2 Mt at 13 g/t Au). Maple Gold's property package also hosts a significant number of regional exploration targets along a 55-kilometre strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the property ripe for new gold and VMS discoveries. The Company is currently focused on carrying out exploration and drill programs to grow mineral resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.
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Maple Gold Mines Ltd economic studies
No economic study (PEA, pre-feasibility or feasibility) is on file for Maple Gold Mines Ltd.