Maple Gold drills bonanza 334 g/t gold at Douay ahead of Q4 resource update

At the Main zone, hole DO-21-304 returned 15 metres grading 1.5 g/t gold from 428 metres downhole, a sediment-hosted intercept. The hole also intercepted 5 metres grading 4 g/t gold from 143 metres downhole, within a broader intersection of 15 metres at 1.6 g/t gold.

Maple Gold plans to release an updated Douay resource estimate by the end of the year. This will include results from 19,000 metres of additional drilling since the resource was last updated in 2019.

“Encountering multiple bonanza grade gold zones flanking either side of the Casa Berardi North fault highlights the significant exploration potential for the sparsely drilled northern flank of the Porphyry zone. The deeper bonanza grade gold mineralization in hole DO-21-295 remains open to the east, with just a single drill hole over more than 600 metres, which provides a compelling exploration target for follow up drilling,” said Maple Gold’s VP exploration Fred Speidel. “We are excited to build upon the impressive results from the JV’s initial drill campaign, with drilling expected to resume in the Nika and 531 zones in the fourth quarter of 2021.”

The previous estimate included 8 million indicated tonnes grading 1.52 g/t gold and 65.8 million inferred tonnes grading 0.97 g/t gold within the proposed pit shell. The underground portion included 5.4 million tonnes grading 1.52 g/t gold.

More information is available at www.MapleGoldMines.com.