• Maple Gold Mines Ltd. (TSXV: MGM) (“MGM”, or “Company”) has made major strides at Douay-Joutel its properties held under JV with Agnico Eagle Mines Ltd. (TSX: AEM). In addition, MGM also made headway at its Eagle Mine Property.
• MGM Completes Resource Update at Douay: The company published a resource update for its flagship property, increasing indicated resources by 21% and inferred resources by 7% relative to the previous 2019 resource estimate. Importantly, the updated resource does not include recent strong fall drilling results, which provides upside on potential future resource updates.
• MGM expands JV Exploration Budget for 2022: The company and AEM agreed to increase the exploration budget 20% to $4.8 million, which is to facilitate a more extensive deep drilling program targeting Douay and Joutel's mineralization at depth.

28 Jul 2022
Maple Gold Mines Ltd. (TSXV: MGM) – Resource Update at Douay, Upsized JV Budget, & Strong Results at Eagle Mine

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Maple Gold Mines Ltd. (TSXV: MGM) – Resource Update at Douay, Upsized JV Budget, & Strong Results at Eagle Mine
• Maple Gold Mines Ltd. (TSXV: MGM) (“MGM”, or “Company”) has made major strides at Douay-Joutel its properties held under JV with Agnico Eagle Mines Ltd. (TSX: AEM). In addition, MGM also made headway at its Eagle Mine Property.
• MGM Completes Resource Update at Douay: The company published a resource update for its flagship property, increasing indicated resources by 21% and inferred resources by 7% relative to the previous 2019 resource estimate. Importantly, the updated resource does not include recent strong fall drilling results, which provides upside on potential future resource updates.
• MGM expands JV Exploration Budget for 2022: The company and AEM agreed to increase the exploration budget 20% to $4.8 million, which is to facilitate a more extensive deep drilling program targeting Douay and Joutel's mineralization at depth.