- Maple Gold Mines (MGM) has seen continued positive results on the Eagle Mine property under option from Globex Mining Enterprises (GMX)
- Maple Gold’s CEO, Matthew Hornor, sat down with Sabrina Cuthbert to discuss the news
- Drill hole EM-22-015 intersected 10.3 g/t gold (Au) over 7.8 metres, including 41.1 g/t Au over 1.0 min the North Mine Horizon
- This finding demonstrates the potential for the North Mine Horizon to be wider than previously interpreted
- Maple Gold Mines Ltd. (MGM) is down 4.08 per cent on the day, trading at $0.235 per share at 2:15 pm ET.
Maple Gold (MGM) sees continued positive results on the Eagle Mine property in Québec under option from Globex Mining Enterprises (GMX).
Maple has five follow-up holes where partial results were previously reported, targeting northwest extensions of the main mine horizon and along multiple sub-parallel gold horizons.
Drill hole EM-22-015 intersected 10.3 g/t gold (Au) over 7.8 metres, including 41.1 g/t Au over 1.0 min the North Mine Horizon.
Further up hole EM-22-015, 4.3 g/t Au over 3.9 metres was intersected, including 6.6 g/t Au over 2.0 metres.
This finding demonstrates the potential for the North Mine Horizon to be wider than previously interpreted.
Assays are still pending for roughly 20 per cent of the company’s 2022 drilling at Eagle.
Maple Gold’s CEO, Matthew Hornor, sat down with Sabrina Cuthbert to discuss this news.
“Drill results continue to support the company’s view that multiple sub-parallel gold horizons exist beyond what was historically mined at Eagle and have expanded our target areas along a broader mineralized corridor over a stratigraphic thickness that now exceeds 100 metres in width.”
He added that there is an apparent concentration of more than 10 g/t gold starting near the surface and extending down-plunge to the EM-22-015 intercepts along the North Mine Horizon in an area with limited drilling that remains open further down-plunge.
Maple Gold Mines Ltd. (MGM) is a Canadian advanced exploration company.
Maple Gold Mines Ltd. (MGM) is down 4.08 per cent on the day, trading at $0.235 per share at 2:15 pm ET.