Maple GOLD Strengthens Board and Management Team with Addition of Seasoned Mining Executives
600 -1111 West Hastings Street O: +1 (647) 266 -8688
Vancouver, BC, V6E 2J3 E: [email protected]
Canada W: maplegoldmines.com
TSX.V : MGM
OTCQB : MGMLF
PRESS RELEASE
July 23, 2024
MAPLE GOLD STRENGTHENS BOARD AND MANAGEMENT TEAM
WITH ADDITION OF SEASONED MINING EXECUTIVES
Vancouver, BC – (Newsfile Corp. – July 23, 2024) – Maple Gold Mines Ltd. (TSX-V: MGM) (OTCQB:
MGMLF) (FSE: M3G) (" Maple Gold " or the " Company ") is pleased to announce the appointments of
Mr. Darwin Green, P.Geo. to its Board of Directors, effective immediately, and Mr. Ian Cunningham-
Dunlop, P.Eng. to the position of Vice President, T echnical Services, effective on or before August 1,
2024. Mr. Green is a veteran mining entrepreneur an d professional geologist with a passion for
discovery and value creation. Mr. Cunningham-Dunlop is a senior mining executive and professional
engineer with over 40 years of diversified experience in domestic/international mineral exploration and
advanced project development.
"We are thrilled to have attracted executives of Mr. Green’s and Mr. Cunningham-Dunlop’s caliber to
help drive the Company’s next phase of growth," stated Kiran Patankar, President and CEO of Maple
Gold. "These key appointments further enhance the technic al, capital markets and corporate
governance expertise of our senior leadership team as we continue to transform into a premier
Canadian gold exploration and development company. Their endorsement of Maple Gold speaks to the
resource expansion, discovery and development potential of our district-scale gold projects in Québec."
Darwin Green, P.Geo. – Director
Darwin Green, P.Geo. has over 30 years of experienc e in the minerals mining industry and brings
significant industry, corporate and technical knowl edge to the Company. He currently serves on the
boards of NYSE-listed Contango ORE, Inc., TSX Ventu re Exchange-listed Onyx Gold Corp. and
Evergold Corp., and as a Technical Advisor to other junior mining companies. Mr. Green previously
served as Founder, Director, President and Chief Executive Officer of HighGold Mining Inc. from August
2019 until its recent acquisition by Contango ORE i n July 2024 and has served as Founder and
Executive Chairman of Onyx Gold since July 2023. Between November 2008 and December 2019, he
served as the Vice President Exploration for Consta ntine Metal Resources Ltd. and prior to that, Mr.
Green oversaw exploration and underground developme nt programs at the Niblack (Cu-Au-Zn-Ag)
deposit in Alaska, for which he received the Commissioner’s Award for Project Excellence by the State
of Alaska. Mr. Green holds a B.Sc. from the Univers ity of British Columbia and an M.Sc. in Economic
Geology from Carleton University.
Ian Cunningham Dunlop, P.Eng. – Vice President, Technical Services
Ian Cunningham-Dunlop, P.Eng. has a proven discover y track record and an excellent familiarity with
Archean lode gold systems from work throughout Onta rio, Québec, and West Africa. He currently
serves as Executive Vice President with Onyx Gold a nd his extensive exploration and project
management experience also includes HighGold Mining’s Johnson Tract (Au-Zn-Cu-Ag-Pb) project in
Alaska, NewCastle Gold’s Castle Mountain gold proje ct in California, True Gold Mining’s Karma gold
mine in Burkina Faso, Fronteer Gold’s Long Canyon g old mine in Nevada and Agi
Dagi/Kirazli/Halilaga/TV Tower gold and gold-copper projects in Turkey, and Aurora Energy’s Michelin
uranium deposit in Labrador. Mr. Cunningham-Dunlop also led the exploration team at Homestake
Mining’s/Barrick Gold’s Eskay Creek (Au-Ag-Cu-Pb-Zn ) mine in British Columbia from 1997-2003
where he was awarded the B.C. & Yukon Chamber of Mi nes E.A. Scholz Award in October 2003 for
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“Outstanding Contribution to a Mining Development P roject in B.C. and the Yukon”. He holds a B.Sc.
in Geological Engineering from Queen’s University and is a Qualified Person under NI43-101.
Stock Option Issuance
The Company's Board of Directors has approved the grant of stock options ("Options") to purchase an
aggregate of 1,075,000 common shares of the Company (each, a "Common Share"), with an exercise
price of $0.085 per Common Share to certain employe es, officers, directors and consultants. Once
vested, each Option is exercisable into one Common Share for a period of five years from the grant
date. The Company's Equity Incentive Plan (the "Pla n") governs these Options, as well as the terms
and conditions of their exercise, which is in accor dance with policies of the TSX Venture Exchange.
Further details regarding the Plan are set out in the Company's Management Information Circular filed
on May 15, 2023, which is available on SEDAR+.
About Maple Gold
Maple Gold Mines Ltd. is a Canadian advanced exploration company focused on advancing the district-
scale Douay and Joutel gold projects located in Qué bec's prolific Abitibi Greenstone Gold Belt. The
projects benefit from exceptional infrastructure access and boast ~400 km 2 of highly prospective ground
including an established gold mineral resource at Douay with significant expansion potential as well as
the past-producing Telbel and Eagle West mines at Joutel. In addition, the Company holds an exclusive
option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex.
The district-scale property package also hosts a significant number of regional exploration targets along
a 55-km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling,
making the project ripe for new gold and polymetall ic discoveries. The Company is currently focused
on carrying out exploration and drill programs to grow mineral resources and make new discoveries to
establish an exciting new gold district in the hear t of the Abitibi. For more information, please visi t
www.maplegoldmines.com .
ON BEHALF OF MAPLE GOLD MINES LTD.
"Kiran Patankar"
Kiran Patankar, President & CEO
For Further Information Please Contact:
Mr. Kiran Patankar
President & CEO
Tel: 604.639.2536
Email: [email protected]
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VEN TURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.
Forward Looking Statements and Cautionary Notes:
This news release contains “forward-looking informa tion” and “forward-looking statements” (collectivel y referred to as
“forward-looking statements”) within the meaning of applicable Canadian securities legislation in Cana da. Forward-looking
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statements are statements that are not historical f acts; they are generally, but not always, identifie d by the words “expects,”
“plans,” “anticipates,” “believes,” “intends,” “est imates,” “projects,” “aims,” “potential,” “goal,” “ objective,”, “strategy”,
“prospective,” and similar expressions, or that eve nts or conditions “will,” “would,” “may,” “can,” “c ould” or “should” occur, or
are those statements, which, by their nature, refer to future events. Forward-looking statements in this news release include,
but are not limited to, statements about the resource expansion and discovery potential across the Company’s gold projects,
and its intention to pursue such potential, and the Company’s exploration work and results from curren t and future work
programs. Although the Company believes that forwar d-looking statements in this news release are reaso nable, it can give
no assurance that such expectations will prove to b e correct, as forward-looking statements are based on assumptions,
uncertainties and management’s best estimate of fut ure events on the date the statements are made and involve a number
of risks and uncertainties. Consequently, actual events or results could differ materially from the Company’s expectations and
projections, and readers are cautioned not to place undue reliance on forward-looking statements. For a more detailed
discussion of additional risks and other factors th at could cause actual results to differ materially from those expressed or
implied by forward-looking statements in this news release, please refer to the Company’s filings with Canadian securities
regulators available on the System for Electronic D ocument Analysis and Retrieval Plus (SEDAR+) at www.sedarplus.ca or
the Company’s website at www.maplegoldmines.com . Except to the extent required by applicable securities laws and/or the
policies of the TSX Venture Exchange, the Company u ndertakes no obligation to, and expressly disclaims any intention to,
update or revise any forward-looking statements whether as a result of new information, future events or otherwise.