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Home > News > Douay, Quebec - Maple Gold...

Douay, Quebec - Maple Gold Drills Additional Higher-Grade Mineralisation and Defines Open IP Anomaly at the 531 Zone

Mar 16, 2020


Montreal, Quebec--(Newsfile Corp. - March 16, 2020) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to provide an update and new exploration results for the 531 Zone. Maple Gold paused drilling after completing two holes at the 531 Zone ("531") and commenced drilling at other zones, given the potential impact new 3D Induced Polarization (IP) results could have on supporting the Company's current target concepts and prioritizing next drill sites at 531. Highlights from the recent work at 531 include:

  • Test 3D IP survey not only confirmed detectability of the 531 Zone, but also supports the concept of the zone being wide open to the ESE, to the WNW and to depth (see Figure 1)
     
  • 3D IP survey also defined a new, undrilled IP target centred about 800m west of the Main Zone, within a gap area that has no drilling over approximately 600m; follow-up IP in this area has the potential to define a very compelling drill target 
     
  • Third mineralised zone intersected in drill-hole DO-20-262X as a result of the deepening of last year's DO-19-262, with 5.96 g/t Au over 3.5 metres, including 11.35 g/t Au over 1.7m

The IP results appear to support the Company's ESE (largely undrilled) trend for sulfide mineralisation associated with higher grade gold in the currently drilled area, and also a similar WNW trend; in both cases the IP anomaly (and therefore the causative sulfide-bearing system) is completely open in both directions, and also at depth. 

Maple Gold's VP, Exploration, Fred Speidel, commented: "The deepening of DO-19-262 intersected an additional narrow mineralised zone with higher grades (>3x) than the current average for underground resources at Douay (RPA 2019) and the IP results we've received are very compelling in terms of there being a more extensive sulfide body at the 531 Zone than has currently been drill-tested. In addition, the IP survey results indicate that there may be an additional undrilled sulfide body to the WNW of the Main Zone. The scale of these targets and general lack of drilling within these areas provide us with significant untested exploration upside."



Tags: Quebec / Exploration / Gold / All Articles