Mr. Matthew Hornor reports
MAPLE GOLD EXTENDS NIKA ZONE MINERALIZATION TO THE EAST AND RECAPS 2018 SUCCESS IN THE NW GAP AREA
Maple Gold Mines Ltd. has provided the final drill results from the NW Gap area, the area between the NW, Douay West and Porphyry zones, which includes the new Nika zones. There were a select number of historical drill holes drilled in the NW Gap area from 2011 to 2017 inclusive by Aurvista Gold (now Maple Gold Mines), but due to the limited drill density, this area represented a high-priority target for new discoveries and potential extensions of existing zones outside the currently established conceptual pits (Micon 2018). Within this area a total of 12 holes were drilled in 2018, with the majority spaced from 100 up to 300 metres from the nearest pre-existing drill collar.
Assay results have been received for the final drill hole (DO-18-241) from the Nika zones, which tested the eastern limit of the recently defined mineralization in the heart of the NW Gap area. This drill hole confirmed the eastern continuity of gold mineralization from DO-18-218 (50 metres of 1.77 grams per tonne Au -- see press release May 14, 2018) and cut eight narrow mineralized zones averaging greater than one g/t Au. The mineralized zones start from a down hole depth of 148 metres (estimated vertical depth of 130 m), including 12 m of 1.78 g/t Au uncapped (two adjacent zones combined), 3.6 m of 1.12 g/t Au and 1.0 m of 6.72 g/t Au, see the attached table. The above-mentioned intercepts in DO-18-241 included four new higher grade (over two g/t Au) samples forming part ofthe Nika cluster, all of which are outside existing conceptual pits and wireframes and therefore represent potential additions to the existing resource base.
Maple Gold's president and chief executive officer, Matthew Hornor, stated: "When we started designing our 2018 drill program, we encouraged our technical group to take some chances with greenfield drilling and aggressive stepout drilling beyond known zones in the general resource area. Following this approach has resulted in the definition of new zones in the NW Gap area and gives us confidence that the potential for additional new discoveries at Douay remains excellent. Greenfield drilling results are expected in the coming weeks."
Maple Gold's vice-president exploration, Fred Speidel, stated: "Assays for the NW Gap area, including the promising new Nika zones, are now complete. These additional results demonstrate that gold mineralization in the Nika zones, part of which is well above deposit average grade, widens significantly towards the west and locally remains open up dip and down dip."
2018 DRILL RESULTS SUMMARY FROM NW GAP AREA (INCLUDING NIKA ZONES)Hole Length FromTo Interval Au ppmDO-18-241 510148.0 149.01.0 4.25DO-18-241267.1 270.73.6 1.12DO-18-241360.0 361.01.0 6.72DO-18-241376.0 376.90.9 1.41DO-18-241393.0 405.0 12.0*1.78including393.0 399.06.0*2.61including393.0 394.01.0*11.8including402.6 405.02.4 2.33DO-18-241432.0 433.01.0 1.13DO-18-241447.0 448.01.0 1.15DO-18-218 480205.5 208.02.5 1.02DO-18-218213.1 222.59.4 0.76DO-18-218297.0 347.0 50.0*1.77Including297.0 324.0 27.0 1.38Including342.8 347.04.2*8.92DO-18-218364.0 366.12.1 1.05DO-18-218409.8 423.0 13.2 0.86including415.0 419.54.4 1.24DO-18-218453.0 454.01.0 1.67DO-18-212 296.2 33.034.31.3 1.25DO-18-212 37.038.01.0 1.07DO-18-212127.1 129.02.0 0.97DO-18-214 477181.0 184.03.0 0.86including181.0 182.01.0 1.71DO-18-214424.5 434.09.5 1.01including424.5 428.03.5 1.88including433.0 434.01.0 1.50DO-18-214441.5 446.44.9 0.74DO-18-217 498147.7 150.02.3 1.83including149.0 150.01.0 3.40DO-18-217166.0 168.02.0 0.87DO-18-217175.5 178.02.6 1.19DO-18-217286.0 287.01.0 1.04DO-18-217303.0 333.8 30.8 0.81including309.0 326.0 17.0 1.08including333.0 333.80.8 1.64DO-18-223 351 99.0 102.03.0 1.58DO-18-227 447101.0 106.05.0 2.32including104.0 105.01.0 8.84DO-18-227304.0 305.01.0 1.15DO-18-227429.5 432.93.4 0.80DO-18-233Scattered values over 0.5 g/t AuDO-18-236 351.2Single value over 0.1 g/t AuDO-18-245 351Single value over 0.25 g/t AuDO-18-249 420 50.051.01.0 1.88DO-18-252 276 52.056.04.0 0.83DO-18-252 66.070.04.0 0.87DO-18-252106.6 107.20.6 3.08Intervals are all down-the hole lengths, which are estimated to be approximately 90 per cent of true width. Co-ordinates are NAD83 Zone 17N. All assays were performed by ALS Laboratories by AU-ICP21, which is 30-gram fire assay with ICP finish with any overlimits (over 10 g/t Au) redone by AU-GRA21, or gravimetric analysis of 30 g sample weight. Nominal cut-off to obtain intercepts is 0.25 g/t Au, but depending on grade distribution effective cut-offs can be somewhat higher or lower. All intercepts are uncapped, those identified with (*) include samples with overlimits (over 10 g/t Au); which may be subject to grade capping during future resource estimation.
Qualified person
The scientific and technical data contained in this press release were reviewed and prepared under the supervision of Fred Speidel, MSc, PGeo, vice-president of exploration, of Maple Gold. Mr. Speidel is a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information disclosed in this news release through his direct participation in the work.
Quality assurance (QA) and quality control (QC)
Maple Gold implements strict quality assurance (QA) and quality control (QC) protocols at Douay covering the planning and placing of drill holes in the field; drilling and retrieving the NQ-sized drill core; drill hole surveying; core transport to the Douay camp; core logging by qualified personnel; sampling and bagging of core for analysis; transport of core from site to the analytical laboratory; sample preparation for assaying; and analysis, recording and final statistical vetting of results. For a complete description of protocols, please visit the company's QA/QC page on its website.
About Maple Gold Mines Ltd.
Maple Gold is an advanced gold exploration company focused on defining a district-scale gold project in one of the world's premier mining jurisdictions. The company's 377-square-kilometre Douay gold project is located along the Casa Berardi deformation zone within the prolific Abitibi greenstone belt in Northern Quebec, Canada. The project has an established gold resource (1) that remains open in multiple directions, with excellent infrastructure and several large-scale operating mines within this prolific mining district. Maple Gold recently completed a significant winter drill campaign to expand on the known resource areas and test new discovery targets within the company's 55 km of strike along the Casa Berardi deformation zone.
(1) Micon 2018 -- 479,000 ounces at 1.59 g/t Au (indicated category) and 2,759,000 ounces at 1.02 g/t Au (inferred category), using a 0.45 g/t Au cut-off grade. Please visit the company's website or its SEDAR filings for a copy of the Micon 2018 report.
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