Mr. Matthew Hornor reports
MAPLE GOLD COMPLETES 2018 MAPPING AND SAMPLING PROGRAM AND IDENTIFIES NEW TARGET AREAS
Maple Gold Mines Ltd. has completed its first pass summer 2018 field mapping in the central part of the Douay project. Very limited historical work has been completed previously in this portion of the Project. The objective of the mapping program was to identify alkaline intrusive-related gold (similar to the Douay deposit), orogenic gold (similar to the Casa Berardi mine) and/or volcanogenic massive sulfide "VMS" (similar to the past producing Estrades mine) target areas for follow-up. The Casa Berardi mine (3.4Moz Au past production plus reserves[1]) and Estrades deposit (about 0.34Moz Au, 12Moz Ag, and 0.23Mtonnes Zn past production plus current resources[2]) occur along the same Casa Berardi Deformation Zone about 41 and 12 kilometres west, respectively, of Maple Gold's property.
The mapped area is mainly underlain by mafic volcanic and related intrusive rocks of the Cartwright Group, with minor intermediate to felsic volcanic and graphitic sedimentary and chert intervals marking breaks in mafic volcanic activity. VMS deposits can be formed during these breaks, and the breaks may also mark potentially favorable structural elements for orogenic gold deposit formation. Such felsic volcanic horizons host the Estrades VMS deposit.
All samples from the Company's 2018 mapping program were assayed by ALS Labs for Au + 48 elements using the Fire-Assay/ICP-AES method for gold and 4-acid ICP-MS method for the multi-element package. This process allows for near-total extraction of most of these elements, and therefore assay results not only provide geographic distribution of trace metal anomalies, but also help discriminate between the different rock-types and alteration styles present on the Project.Results from the sampling program included modest gold anomalies (up to 96 ppb) as well as anomalies in pathfinder elements such as Ce, K, La, Na, P, and Sr that are characteristic of the Douay intrusive-related alkaline system.
The potential for VMS mineralisation is indicated by multiple assays with anomalous Zn (up to 1080 ppm), Cu (up to 594 ppm) S (up to 2.5%), Mn (up to 1.2%) and variable Na, i.e. both enriched and depleted. The strongest metal anomaly (1080 ppm Zn) was obtained from an interflow graphitic sedimentary/chert horizon located 2.8km SW of the Douay West gold zone, that was detected and traced for an EW direction over about 4.2km by the Company's 2016 airborne electromagnetic survey ("EM2016").
These numerous geochemical anomalies can be grouped into six main target areas for geophysical and geological follow-up (see Fig. 1). These are:
Area 1 -- Overburden drilling gold-in-till (10-35 gold grains) and bedrock geochemistry anomalies Area 2 -- Harricana target with mixed VMS/alkaline intrusive geochemical responseArea 3 -- Geochemical anomalies with historical INPUT responses and known Cu, Zn showingsArea 4 -- Central Cu-Zn anomaly also with alkaline intrusive pathfindersArea 5 -- NW extension EM2016 conductors with alkaline intrusive pathfindersArea 6 -- Mineralized graphitic interflow sediments/cherts associated with EM2016 conductors
Fred Speidel, Maple Gold's VP Exploration, commented: "The greenfield top-of-bedrock drilling and now mapping and sampling work we have completed in 2018 has generated numerous target areas that we plan to follow up on with geophysics this winter and additional mapping next summer in order to prioritize the next set of new greenfield drill targets.
Qualified Person
The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Fred Speidel, M. Sc, P. Geo., 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 (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 the website at: http://maplegoldmines.com/index.php/en/projects/qa-qc-qp-statement
About Maple Gold
Maple Gold is an advanced gold exploration and development company focused on defining a district-scale gold project in one of the world's premier mining jurisdictions. The Company's 377 km Superscript 2 Douay Gold Project is located along the Casa Berardi Deformation Zone (55 km of strike) within the prolific Abitibi Greenstone Belt in northern Quebec, Canada. The Project benefits from excellent infrastructure and has an established gold resource[3] that remains open in multiple directions.
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