Maple Gold Intersects 132 Metres of 1.58 g/t Gold at Douay

"We are thrilled with these results from the JV's maiden drill campaign. Hole DO-21-282X returned one of the best grade-thickness intercepts ever encountered at Douay and is a testament to what a collaborative approach to exploration can uncover," said Matthew Hornor, President and CEO, Maple Gold Mines Ltd.

Maple Gold Mines Ltd. is reporting results from the second hole of the recently completed 10,270-metre winter drill campaign at the Douay Gold Project ("Douay" or the "Project") in Quebec, Canada. Douay is held by a 50/50 joint venture (the "JV") between the Company and Agnico Eagle Mines Limited.

Fred Speidel, VP Exploration of Maple Gold, added: "This 132-metre interval at Hole DO-21-282X, which contains nearly continuous gold mineralization, is substantially longer than the original 50-metre discovery hole we intersected at Nika in 2018. Furthermore, the zone remains open in multiple directions including up-dip at shallower depth; below the current conceptual pit floor; and further along trend both to the northwest and southeast, where similar structural blocks remain undrilled. This result supports our belief that multiple existing zones at Douay host more continuous mineralization than what has been discovered to date and reinforces the expansion potential we see across the Project and land package."

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