Mr. Matthew Hornor reports
MAPLE GOLD DRILLS 50 METRES OF 1.77 G/T AU AND EXTENDS NEW NIKA ZONES IN THE NW GAP AREA
Maple Gold Mines Ltd. has released additional drill results from the Nika zones located in the Northwest Gap area between the Douay West, porphyry and northwest resource zones. DO-18-218 returned 50 metres grading 1.77 grams per tonne gold (uncut) from 297 m downhole (estimated 200 m true vertical depth):
The updip extension of this mineralized zone remains open to surface.A50 m intercept shows excellent continuity with few internal low-grade samples and more thantwice the width and twice the grade expected as per the previous wireframe interpretation. This wireframe was not included in the Micon 2018 pit-constrained resource estimate due to insufficient drill density, therefore representing potential additions to the existing resource base.
Maple Gold's president and chief executive officer, Matthew Hornor, stated:"We are very pleased with the early returns from the 2018 drill campaign. Defining the new Nika zones and the additional success we've had in the Northwest Gap area has the potential to add significantly to our resource base and brings us a step closer to connecting some of the zones in this large intrusive-related gold system."
ASSAY HIGHLIGHTS FOR DO-18-218 Hole FromToIntervalAu ppmDO-18-218 162.0 176.014.00.35DO-18-218 201.0 222.521.50.54DO-18-218 290.1 292.0 1.90.80DO-18-218 297.0 347.050.01.77including 298.0 324.026.01.40including 342.8 347.0 4.28.92DO-18-218 357.3 366.1 8.80.44including 364.0 366.1 2.11.05DO-18-218 391.0 403.012.00.31DO-18-218*409.8 423.013.20.86including 415.0 419.5 4.41.24DO-18-218*453.0 454.0 1.01.67* Reported April 23, 2018. Intervals given are all down-the-hole lengths, which are estimated to be approximately 90 per cent of true width. All assays were performed by ALS Laboratories by AU-ICP21, that is 30 g fire assay with inductively coupled plasma finish with overlimits (greater than10 g/t Au) done by AU-GRA21, that is gravimetric analysis of 30 g sample weight.
In addition to DO-18-218, Maple Gold received results for DO-18-214, which intersected 9.5 m of 1.01 g/t Au in the Northwest zone; this intercept is not part of an existing wireframe and therefore also represents a new zone. A complete table summarizing all drill results received to date from the drilling in the Northwest zone, Gap area and Nika zones is appended to this press release.
The configuration of the new DO-18-218 intercepts reported here, as well as those reported previously for holes DO-18-217 and -218 (see press release of April 23, 2018), is consistent with a series of subparallel mineralized zones with an overall northwest-southeast trend, consistent with the company's evolving deposit-scale structural model which includes two controlling fault sets within the resource area: the East/West Casa Berardi fault set, and the Northwest/Southeast Douay fault set.
This mineralized zone is projected from the bottom of historical drill hole DO-13-131, collared 100 m farther east; that drill hole cut 12 m of 0.65 g/t Au. The downdip continuity of DO-13-131 intersection was tested in hole DO-18-241 (assays pending).
The significant thickening of the mineralized zone in DO-18-217 (see press release April 23, 2018) appears to have formed at the intersection of East/West and Northwest/Southeast structures. The new interpretation also allows integration of other high-grade intercepts into more continuous zones. For example, DO-11-57 (1.18 g/t over 24 m, including3.5 g/t Au over six m), which generated high-grade blocks (greater than 2.5 g/t Au) outside the existing (Micon 2018) pit-constrained resource, likely forms part of a northwest-southwest mineralized zone, rather than a discontinuous east-west zone as per the previous interpretation. The mineralized zones in the Northwest Gap area, including the Nika zones, are outside the limits of the current (Micon 2018) pit-constrained resource.
The company continues to be very encouraged with the early returns from the 2018 winter drilling campaign and looks forward to the final drill results from the Northwest Gap area. To view drill core photographs for DO-18-218, visit the company's website for additional images.
SUMMARY OF 2018 DRILL RESULTS TO DATE FROM NIKA ZONES AND NW GAP AREAHoleFromToIntervalAu ppmDO-18-212 28.742.013.30.43including 33.034.3 1.31.25including 37.038.0 1.01.07DO-18-212125.6 129.0 3.50.67including127.1 127.9 0.91.15DO-18-212205.0 209.0 4.00.48DO-18-214181.0 184.0 3.00.86including181.0 182.0 1.01.71DO-18-214424.5 434.0 9.51.01including424.5 428.0 3.51.88including433.0 434.0 1.01.50including441.5 446.4 4.90.74DO-18-214454.9 457.0 2.10.42DO-18-217147.7 150.0 2.31.83DO-18-217165.0 178.013.00.50including166.0 168.0 2.00.87including175.5 178.0 2.61.19DO-18-217284.0 388.0 104.00.44including286.0 287.0 1.01.04including284.0 293.1 9.10.47including303.0 333.830.80.74including309.0 326.017.01.08including333.0 333.8 0.81.64including356.0 388.032.00.30DO-18-218162.0 176.014.00.35DO-18-218201.0 222.521.50.54DO-18-218290.1 292.0 1.90.80DO-18-218297.0 347.050.01.77including298.0 324.026.01.40including342.8 347.0 4.28.92DO-18-218357.3 366.1 8.80.44Including364.0 366.1 2.11.05DO-18-218391.0 403.012.00.31DO-18-218409.8 423.013.20.86including415.0 419.5 4.41.24DO-18-218453.0 454.0 1.01.67DO-18-227 assays pendingDO-18-233 assays pendingDO-18-241 assays pending* Intervals given are all down-the-hole lengths, which are estimated to be approximately 90 per cent of true width
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, 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 and quality control
Maple Gold implements strict quality assurance and quality control 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 website.
About Maple Gold Mines Ltd.
Maple Gold is a well-financed gold exploration company focused on advancing a district-scale gold project in one of the world's premier mining jurisdictions. The company's 370-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 that remains open in multiple directions, with excellent infrastructure and several large-scale operating mines within this prolific mining district. Maple Gold is now completing 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.
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