Maple GOLD Intersects 2.05 G/T GOLD over 108.6 Metres, Including 3.05 G/T GOLD over 55.8 Metres, Within 300-METRE Step-Out IN the Nika Zone, Defining a New High-Grade, Bulk Tonnage Target at Douay
600 -1111 West Hastings Street O: +1 (647) 266 -8688
Vancouver, BC, V6E 2J3 E: [email protected]
Canada W: maplegoldmines.com
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PRESS RELEASE
April 3, 2025
MAPLE GOLD INTERSECTS 2.05 G/T GOLD OVER 108.6 METRES, INCLUDING 3.05 G/T GOLD
OVER 55.8 METRES, WITHIN 300-METRE STEP-OUT IN THE NIKA ZONE, DEFINING A NEW
HIGH-GRADE, BULK TONNAGE TARGET AT DOUAY
Vancouver, BC – (Newsfile Corp. – April 3, 2025) – Maple Gold Mines Ltd. (TSX-V: MGM) (OTCQB:
MGMLF) (FSE: M3G) (" Maple Gold " or the " Company ") is pleased to report initial assay results from
the first five (5) drill holes completed during the 10,000-metre ("m") 2025 winter drill campaign (the
"Program ") at its 100%-owned Douay Gold Project ("Douay ") located along the Casa Berardi-Douay
Gold Trend in Québec, Canada. Reported assay result s include one (1) hole completed in the Nika
Zone, three (3) holes completed in the Porphyry East Zone, and one (1) hole completed in the Central
Zone (see Figures 1 and 2 for drill hole locations and Tables 1 and 2 for complete assay results).
Highlights:
In the Nika Zone, drill hole DO-25-338 intersected 2.05 grams per tonne gold ("g/t Au") over
108.6 m (from 537.4 m downhole, or 490 m vertical depth), including 3.05 g/t Au over 55.8 m ,
and including 4.93 g/t Au over 17 m . This result was within a broader envelope of mineralization
that returned 1.43 g/t Au over 169.5 m .
DO-25-338 is a significant (300-m) down-plunge step-out from the nearest drilling in the Nika
Zone and is located well below the defined mineralization and conceptual pit shell in the
current Douay mineral resource estimate (" MRE "). These drill results define a new high-grade,
bulk tonnage target that is open at depth and along strike (see Figures 2 and 3).
DO-25-338 returned the best intercept drilled to date in the Nika Zone and the 5th best
intercept ever reported at Douay based on gold accumulation (grade x thickness).
The Company is planning immediate follow-up drill holes to DO-25-338 during this Program.
In the Porphyry East Zone, drill hole DO-25-334 in tersected 15.50 g/t Au over 1.0 m , drill hole
DO-25-335 intersected 3.15 g/t Au over 9.0 m , including 14.30 g/t Au over 1.0 m , and drill
hole DO-25-336 intersected 0.98 g/t Au over 35.0 m, including 2.31 g/t Au over 9.0 m .
“The Company’s ambitious 2025 exploration program is already yielding exciting results,” stated Kiran
Patankar, Maple Gold’s President and Chief Executiv e Officer. “We have only begun to test Douay’s
resource expansion potential at depth using our improved geological and targeting models. Hole DO-
25-338 was a planned 300-m step-out that intersecte d exceptional grades and widths, including the
best intercept drilled to date in the Nika Zone and one of the best grade-thickness intercepts ever
encountered at Douay, within the syenite that hosts the existing mineral resource. Today’s result builds
on the consistent gold mineralization previously id entified at shallower depths in the Nika Zone and
defines a new high-grade, bulk tonnage target at Douay that remains open in multiple directions.”
Ian Cunningham-Dunlop, Maple Gold’s Vice President, Technical Services, added: “One of the key
objectives of the 2025 Program was to test for potential down-plunge extensions of higher-grade zones
outside the Douay MRE with bulk tonnage underground resource potential – these initial drill results
have achieved this objective in convincing fashion. We are very encouraged by the potential to expand
this new zone, and the Company has secured a second diamond drill rig to immediately begin follow-
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up drilling. We expect to release a steady stream of assay results over the coming weeks as they are
received and interpreted.”
Program Details
The Company has approved a minimum of 10,000 m of d iamond drilling at Douay in 2025. Phase I
drilling commenced in January 2025 with an expected duration of approximately four months (see
Company news release dated January 22, 2025). Breakdown of the planned drill meterage is as follows:
70% dedicated to de-risking and expanding the Doua y MRE through strategic infill and step-out
holes (along strike and at depth); and
30% allocated to testing new regional geological a nd geophysical targets along strike from the
Douay MRE and north, within the Taibi Group sediments along favourable lithologic breaks and
lithologic contacts.
Key objectives of the Program include: 1) targeting sparsely drilled 100-200 m gaps between modeled
mineral resource domains (both pit-constrained and underground) to convert Inferred Resources to
Indicated Resources; 2) adding new Inferred Resourc es along strike, down-dip, and down-plunge of
the existing deposit; 3) focusing on the down-plunge extensions of higher-grade zones outside
the Douay MRE with bulk tonnage underground resource potential; and 4) testing new regional
geophysical targets with the potential for new mineralized zones. The Company is leveraging the results
of its year-long data compilation exercise to initially target the shallow portions (<500 m depth) of the
Douay mineralizing system. This approach is intended to improve understanding of the geometry of the
known zones and validate key plunge directions in Phase I before systematically stepping down-plunge
and testing at depth during a proposed Phase II (se e Figure 2). This phased approach will allow the
Company to manage exploration risk and maximize the potential for exploration success.
At the time of writing of this news release, the Company has completed more that 50% of the
planned 10,000 m at Douay and expects the Program to be completed on time and within budget.
Discussion of Nika Zone Results
The Nika Zone is in the northwestern portion of the Douay MRE (see Figure 1) and is geologically very
similar to the main Porphyry Zone, with both zones hosted within a mixed basalt-syenite intrusive
sequence, including thick syenitic dykes that are well mineralized.
Current drilling in the Nika Zone has targeted the potential down-plunge extension of broad zones of
gold mineralization previously identified in drill hole DO-21-282X, which returned 1.76 g/t Au over 100.3
m, including 5.49 g/t Au over 9.6 m, in what was then the best intersection reported in the Nika Zone
(see Company news release dated May 26, 2021).
Drill hole DO-25-338, located 300 m down-plunge from drill hole DO-21-282X (see Figure 3), returned:
1.43 g/t over 169.5 m , including 2.05 g/t Au over 108.6 m, including 3.05 g/t Au over 55.8 m,
including 5.95 g/t over 7.8 m , and including 4.93 g/t Au over 17.0 m , including 15.31 g/t over
1.9 m (see Table 1).
This result underscores the potential for bulk tonn age underground gold mineralization at depth at
Douay and represents the best hole completed to dat e in the Nika Zone based on gold accumulation
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(grade x thickness). Gold mineralization in DO-25-338 is hosted within highly fenite-altered (K-feldspar,
amphibole, magnetite) syenite, with hydrothermal br eccias creating a fracture network filled by fine
quartz, carbonate, 5-10% disseminated pyrite (locally 15%), and chlorite (see Plate 1). The Nika Zone
remains open both at depth and along strike, and th e Company plans immediate follow-up drilling to
test the area around hole DO-25-338 during this Program.
Discussion of Porphyry East Zone Results
The Porphyry Zone hosts high tonnage, lower grade, structurally controlled gold mineralization within
the Porphyry West, Porphyry Central and Porphyry Ea st Zones and hosts >55% of the contained
Indicated and Inferred gold ounces within the Douay MRE 1.
The three drill holes reported herein, DO-25-334, D O-25-335 and DO-25-336, all intersected the
modeled Porphyry East Zone ore body at anticipated depths with promising gold mineralization hosted
within the DIC, a mixed zone with basalt intruded b y syenite dikes, and a new lower intermediate tuff
horizon in the footwall to the DIC which may be par t of the northern Taibi volcaniclastic units. The
Porphyry East Zone remains open both at depth and along strike.
Drilling at the Porphyry East Zone has been focused on the overall plunging trend of mineralization
within and beneath the 2022 modeled pit shell (see Figures 1 and 2) which was interpreted to be
plunging to the southwest. The three drill holes re ported herein targeted this trend over a 450-meter
down-plunge distance and returned encouraging assay results in all three holes:
Drill Hole DO-25-334 and DO-25-335 targeted middle and shallow portions of the Porphyry East
Zone and returned 15.50 g/t Au over 1.0 m and 3.15 g/t Au over 9.0 m, including 14.30 g/t Au
over 1.0 m, respectively.
Drill Hole DO-25-336 tested the extension of the P orphyry East gold mineralization 350 m below
the bottom of the 2022 modeled pit (450 m down-plun ge) and intersected 0.98 g/t Au over
35.0 m including 2.31 g/t Au over 9.0 m.
Discussion of Central Zone Results
The sparsely drilled Central Zone is located north of the Porphyry Zone and east of the NW and Nika
Zones. One drill hole, DO-25-337, was completed on the Central Zone to extend higher-grade
mineralization to depth and returned 5.00 g/t Au over 1.0 m at an approximate vertical depth of 200
m. An additional deeper hole, DO-25-340, was also completed, with assays pending.
Additional Notes
Starting azimuth, dip and final length (Azimuth/Dip/Length (m)) for the five (5) drill holes reported in this
news release are noted as follows: DO-25-334 (011/5 3/486), DO-25-335 (060/60/171), DO-25-336
(000/60/617), DO-25-337 (356/44/450), and DO-25-338 (003/62/672).
1 For additional details, see the technical report for the Douay Gold Project entitled "Technical Report on the Douay and Joutel
Projects Northwestern Québec, Canada Report for NI 43-101" prepared by SLR Consulting (Canada) Ltd. with an e ffective
date of March 17, 2022, and dated April 29, 2022.
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Figure 1. Northeast-looking oblique view of the Douay mineralized zones, 2022 MRE blocks and pit shells, and
2025 completed drill holes and reported intercepts
Figure 2. North-looking Douay composite longitudinal section with 2022 MRE blocks, 2025 drill target areas,
and 2025 completed drill holes and reported intercepts
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Figure 3. Northeast-looking Nika Zone cross-section with DO-25-338 and DO-21-282X
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Plate 1. Close-up of drill hole DO-25-338 at 639 m downhole within mineralized syenite
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Table 1. 2025 Douay Winter Drill Program – Significant Assay Results:
Note: All reported intercepts are downhole lengths. Assays are uncut, but over limits (>10 g/t Au initial assay) were re-
assayed using Fire Assay with Gravimetric finish, and subsequently, Au screen metallics (currently underway). True widths
will vary depending on hole plunge but are estimated to be 70-90% of downhole length.
Target From To Length Au
Drill Hole (meters) (meters) (meters) (g/t)
DO-25-338 495.0 664.5 169.5 1.43
Including 537.4 645.9 108.6 2.05
Including 588.2 644.0 55.8 3.05
Including 588.2 596.0 7.8 5.95
And Including 627.0 644.0 17.0 4.93
Including 638.2 640.0 1.9 15.31
DO25-334 405.0 413.0 8.0 2.11
Including 405.0 406.0 1.0 15.50
DO-25-335 61.0 79.0 18.0 1.69
Including 67.0 74.0 7.0 3.85
Including 69.0 70.0 1.0 14.30
DO-25-336 507.0 542.0 35.0 0.98
Including 514.0 523.0 9.0 2.31
Including 521.3 522.0 0.7 5.73
DO-25-337 324.0 325.0 1.0 5.00
Porphyry East Zone
Central Zone
Nika Zone
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Table 2. 2025 Douay Winter Drill Program – Selected Assay Intervals from Drill Hole DO-25-338:
Target From To Length Au
Drill Hole (meters) (meters) (meters) (g/t)
DO-25-338 588.2 589.0 0.8 5.059
DO-25-338 589.0 590.0 1.0 4.686
DO-25-338 590.0 591.0 1.0 5.322
DO-25-338 591.0 592.0 1.0 4.233
DO-25-338 592.0 593.0 1.0 9.213
DO-25-338 593.0 594.0 1.0 9.202
DO-25-338 594.0 595.0 1.0 5.991
DO-25-338 595.0 596.0 1.0 3.657
DO-25-338 596.0 597.0 1.0 1.283
DO-25-338 597.0 598.0 1.0 0.483
DO-25-338 598.0 599.0 1.0 0.605
DO-25-338 599.0 600.0 1.0 0.047
DO-25-338 600.0 601.0 1.0 0.405
DO-25-338 601.0 602.0 1.0 1.455
DO-25-338 602.0 603.0 1.0 1.172
DO-25-338 603.0 604.0 1.0 2.609
DO-25-338 604.0 605.0 1.0 0.614
DO-25-338 605.0 606.0 1.0 1.285
DO-25-338 606.0 607.0 1.0 1.265
DO-25-338 607.0 608.0 1.0 1.411
DO-25-338 608.0 609.0 1.0 1.619
DO-25-338 609.0 610.0 1.0 0.524
DO-25-338 610.0 611.0 1.0 0.923
DO-25-338 611.0 612.0 1.0 0.283
DO-25-338 612.0 613.0 1.0 0.436
DO-25-338 613.0 614.0 1.0 0.489
DO-25-338 614.0 615.0 1.0 3.241
DO-25-338 615.0 616.0 1.0 1.321
DO-25-338 616.0 616.7 0.7 0.040
DO-25-338 616.7 617.4 0.7 0.586
DO-25-338 617.4 618.0 0.7 0.573
DO-25-338 618.0 619.0 1.0 1.641
DO-25-338 619.0 620.0 1.0 3.090
DO-25-338 620.0 621.0 1.0 3.647
DO-25-338 621.0 622.0 1.0 4.202
DO-25-338 622.0 623.0 1.0 1.412
DO-25-338 623.0 624.0 1.0 0.884
DO-25-338 624.0 625.0 1.0 1.976
DO-25-338 625.0 626.0 1.0 0.131
DO-25-338 626.0 627.0 1.0 1.132
DO-25-338 627.0 628.0 1.0 7.377
DO-25-338 628.0 629.0 1.0 0.783
DO-25-338 629.0 630.0 1.0 1.093
DO-25-338 630.0 631.0 1.0 1.088
DO-25-338 631.0 632.0 1.0 3.812
DO-25-338 632.0 633.0 1.0 11.700
DO-25-338 633.0 634.0 1.0 7.600
DO-25-338 634.0 635.0 1.0 2.706
DO-25-338 635.0 636.0 1.0 2.406
DO-25-338 636.0 637.0 1.0 1.076
DO-25-338 637.0 637.5 0.5 0.105
DO-25-338 637.5 638.2 0.7 2.589
DO-25-338 638.2 639.0 0.9 13.800
DO-25-338 639.0 640.0 1.0 16.600
DO-25-338 640.0 641.0 1.0 3.172
DO-25-338 641.0 642.0 1.0 2.029
DO-25-338 642.0 643.0 1.0 5.353
DO-25-338 643.0 644.0 1.0 3.422
Nika Zone
3.05 g/t
Au over
55.8 m
from
588.3 to
644.0 m
4.93 g/t
Au over
17.0 m
from
627.0 to
644.0 m