Mr. Matthew Hornor reports
MAPLE GOLD DEFINES NEW NIKA GOLD ZONE WITH INITIAL DRILL RESULTS FROM GAP AREA BETWEEN PORPHYRY, DOUAY WEST AND NW ZONES
Maple Gold Mines Ltd. is providing an update on the continuing winter drilling campaign. The program has ramped up with eight diamond core drill rigs now actively testing all target areas (resource area, NE Syenite and NW Syenite targets). One of the company's high-priority targets is the area between the Porphyry, Douay West and NW zones, now referred to as the Nika zone, which has a lower drill hole density and strong potential for new discoveries and extensions of existing resource zones. The company has received results from four drill holes in this area, with highlights below:
DO-18-217: 104 metres of 0.44 gram per tonne gold from 284 m, including 17 m of 1.08 g/t Au from 309 m (additional assays pending);DO-18-218: 13.2 m of 0.86 g/t Au from 409.8 m, collared 133 m southeast of DO-18-217 (additional assays pending).
Furthermore, historic hole DO-12-105 (2012) was collared 265 metres west-southwest of DO-18-218 and bottomed in mineralization at 467.6 m (estimated vertical depth of 320 m), returning 21.1 g/t Au and remaining open. The DO-18-217, DO-18-218 and DO-12-105 intercepts may form part of the same two mineralized zones.
Maple Gold's vice-president of exploration, Fred Speidel, stated:
"One of our objectives with the current drilling campaign is to take steps toward connecting the existing resource zones and extending known mineralization beyond the current limits of the block model that was used in the 2018 Micon estimate. The initial results in this Gap area are indicative of the discovery of a new gold zone there, and one we believe has strong potential to make a positive impact on future resource estimations at Douay. We look forward to results from the additional five drill holes with assays still pending from this priority target area, and we are confident that similar new zones will be defined elsewhere within the resource area."
In addition to the assays still pending from drill holes DO-18-217 and DO-18-218, Maple Gold has completed a further five drill holes in this area for which assays are pending, and that have the potential to continue expanding the Nika zone.
DRILL HIGHLIGHTS FROM NIKA ZONES AT DOUAY HoleFrom (m)To (m) Interval (m)Au (g/t)DO-18-21228.742 13.30.43DO-18-217 165 178 13.00.50DO-18-217 284 388104.00.44including 309 326 17.01.08DO-18-217 391 498 Assays pendingDO-18-21838.8 409 Assays pendingDO-18-218 409.8 423 13.20.86* All lengths above are core lengths and not true widths. True widths are estimated to be approximately 90 per cent of core lengths. Uncut assay values used for intervals given.
A total of 47 drill holes have now been completed or are continuing property-wide, of an originally planned total of approximately 65 holes. The company has only received assay results for 10 complete drill holes to date and will continue to provide updates as sufficient assay results are received for each target area. More than 8,600 samples have now been submitted to ALS Laboratories and with drilling expected to continue into early May, the company anticipates drill results throughout April, May and June, 2018.
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. 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/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 QA/QC page on its 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.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.