Maple Gold Mines Ltd. is a mining company primarily involved in the exploration and development of precious metal properties along the Abitibi Greenstone Belt in Quebec Province, Canada.
The West Hastings Street, Vancouver-based mineral company trades on the TSXV in Canada and on the Frankfurt Stock Exchange (FSE) in Germany.
Maple Gold Mines is known to be in partnership with Canadian gold company Agnico Eagle Mines Limited under a 50-50 joint venture agreement for exploration, advancement, and development of the two gold projects:
• Douay Project is a gold project spread over a total area of more than 357 square kilometres situated north of Val d’Or and Amos in Quebec. The project is well infrastructure including road, rail and air connectivity, hydropower supply, a fully serviced camp with a capacity of 46 persons and core logging and storage facilities.
The Douay Project consists of alkaline mineral deposits in the Abitibi Belt, which includes:
The project also includes the prospects of gold mineralization in the form of veins and Volcanogenic Massive Sulphide structures. The indicated mineral resources at the project site include 8.6 million tonnes for producing 422 thousand ounces of Au at a grade rate of 1.52 g/t gold. The inferred mineral resources include 71.2 million tonnes for producing 2.35 thousand ounces of Au at a grade rate of 1.03 g/t gold.
• Joutel Project is a gold project spanning a total area of approximately 39 square kilometres at the historical Eagle Telbel Mining Camp of Agnico. The Joutel property lies in proximation to the Douay Project, equipped with the same infrastructure benefits.
The company is currently engaged in conducting numerous exploration and drill operations at the Douay site and data digitization work of the Joutel Project.