- Maple Gold Mines (TSXV:MGM) has begun line cutting on several targets at the Douay Project in Quebec
- Line cutting is often one of the first tasks performed during exploration, and involves creating a marked grid on the site for induced polarisation surveys
- The company will be conducting IP surveys on the North East target, the 531 zone, the South Target and the Main Zone western extension
- The company is in the process of more advanced exploration work, which includes drilling, on the western section of the site
- Maple Gold Mines (MGM) is up 25 per cent and is trading at C$0.15 per share
Maple Gold Mines (TSXV:MGM) has revealed its begun line cutting on its Douay property.
The line cutting work will proceed the induced polarisation surveys that are set to kick off at Douay.
Line cutting is often the first step in the exploration of a target, as the company sections off the exploration target into quadrants for the IP survey.
The company will begin exploring several secondary targets on Douay, a property it has been exploring for several years.
The company will be conducting IP surveys on the North East target, the 531 zone, the South Target and the Main Zone western extension.
North East will be drilled later this year, following the results of this work.
The South target could be drilled this year, depending when the IP work is completed. The Main Zone West largely hasn’t been explored so the company doesn’t know what to expect from the target yet.
Maple is also conducting more advanced exploration work on other targets in western section of property, where it believes it can define a near-surface higher grade resource with compelling economic characteristics.
Fred Speidel, Maple Golds VP of exploration said the Douay Gold Project continues to have tremendous exploration potential.
“We are very intrigued by the potential for higher-grade gold lenses along the northern flank of the resource area and the target areas we are pursuing along the southern margin of the 531 zone, where significant higher-grade intercepts were obtained in 2019.
“A new discovery at any of these largely undrilled targets would be a very exciting development for us,” he said.
Maple Gold Mines (MGM) is up 25 per cent and is trading at C$0.15 per share at 12:06pm EDT.