Strategic partnership with one of Canada’s top gold producers
Maple Gold Mines is an advanced exploration company. In fact, they’re focusing on developing a district-scale gold project in one of the world’s premier mining jurisdictions. The company’s Douay Gold Project is located within the prolific Abitibi Greenstone Belt in northern Quebec, Canada.
Further, Maple Gold Mines has formed a strategic partnership with Agnico Eagle Mines Limited. This will combine Maple Gold’s Douay Project and Agnico’s Joutel Project into a consolidated joint property package. Agnico has also agreed to complete a strategic investment into Maple Gold at approximately C$0.24 per unit for gross proceeds of approximately C$6.2 million.
Drilling is now underway at its planned 3,000-metre Fall 2020 exploration drill campaign at the Douay Gold Project. The Project has an established gold resource that remains open in multiple directions as well as excellent infrastructure and several large scale operating mines within this prolific mining district. Moreover, Maple Gold is focused on expanding the known resource areas and testing new discovery targets within the Company’s 55 km of strike along the Casa Berardi Deformation Zone.
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