Maple Gold drills 50 metres of 1.77 g/t Au and extends new Nika Zones in the NW Gap Area
PRESS RELEASE
May 14, 2018
Maple Gold drills 50 metres of 1.77 g/t Au and extends new Nika Zones in
the NW Gap Area
May 14, 2018 – Montreal (Quebec): Maple Gold Mines Ltd. (“Maple Gold” or the “ Company”) (TSX-V:
MGM, OTCQB: MGMLF; Frankfurt: M3G) is pleased to report additional drill results from the Nika Zones
located in the “NW Gap Area” between the Douay West, Porphyry and NW resource zones. DO -18-218
returned 50m grading 1.77 g/t Au (uncut) from 297m downhole (estimated 200m true vertical depth).
The up-dip extension of this mineralized zone remains open to surface
50m intercept shows excellent continuity with few inte rnal low-grade samples and m ore than
twice 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 CEO, 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
NW Gap Area has the potential to add significan tly to our resource base and brings us a step closer to
connecting some of the zones in this large intrusive related gold system.”
Table 1. Assay Highlights for DO-18-218
Hole Easting Northing Azimuth Plunge From To Interval Au ppm
DO-18-218 705200 5491498 360 -45 162.0 176.0 14.0 0.35
DO-18-218 201.0 222.5 21.5 0.54
DO-18-218 290.1 292.0 1.9 0.80
DO-18-218 297.0 347.0 50.0 1.77
Including 298.0 324.0 26.0 1.40
Including 342.8 347.0 4.2 8.92
DO-18-218 357.3 366.1 8.8 0.44
Including 364.0 366.1 2.1 1.05
DO-18-218 391.0 403.0 12.0 0.31
DO-18-218* 409.8 423.0 13.2 0.86
including 415.0 419.5 4.4 1.24
DO-18-218* 453.0 454.0 1.0 1.67
*Reported April 23, 2018. Intervals given are all down -the hole lengths, which are estimated to be approximately 90% of true width.
Coordinates are NAD83 Zone 17N. All assays were performed by ALS Laboratories by AU-ICP21, i.e. 30 g fire assay with ICP finish with over
limits (>10 g/t Au) done by AU-GRA21, i.e. gravimetric analysis of 30g sample weight.
In addition to DO -18-218, Maple Gold received results for DO -18-214, which intersected 9.5m of 1.01
g/t Au in the NW Zone; this intercept is not part of an existing wireframe and therefore also represents
a new zone. A complete table (Table 2) summarizing all drill results received to-date from the drilling in
the NW Zone, Gap Area and Nika Zones is appended to this press release.
Figure 1: DO-18-218 on section 705200E
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 NW -SE trend, consistent with our evolving deposit -scale
structural model which includes two controlling fault sets within the Resource Area: the East/West Casa
Berardi fault set, and the NW/SE Douay fault set.
This mineralized zone is projected from the bottom of historical drill-hole DO-13-131, collared 100m
further east; that drill-hole cut 12m of 0.65 g/t Au . The down-dip continuity of DO-13-131 intersection
was tested in hole DO-18-241 (assays pending). Figure 2 below highlights the plan view map of drill-hole
locations in the NW Gap Area, with the new Nika Zones highlighted.
Figure 2: Drill-hole location map highlighting the new Nika Zones and surrounding NW Gap Area
The si gnificant 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 NW/SE 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 24m, including 3.5 g/t Au over 6m ), which generated high grade blocks (>2.5 g/t Au)
outside the existing (Micon 2018) pit-constrained resource, likely forms part of a NW-SW mineralized
zone, rather than a discontinuous EW zone as per the previous interpretation. The mineralized zones in
the NW Gap Area, including the Nika Zones, are outside the limits of the current (Micon 2018) pit-
constrained resource (see Figure 2).
The Company continues to be very encouraged with the early retur ns from the 2018 winter drilling
campaign and looks forward to the final drill results from the NW Gap Area. To view dril l-core
photographs for DO-18-218, see below and visit the Company’s website for additional images.
Drill-core Picture 1: (DO-18-218) strongly fractured pink to red syenite with abundant fine pyrite stringers and disseminations.
Drill-core Picture 2: (DO-18-218) strongly fractured pale pink syenite with network of pyrite and/or fluorite-filled crackles, with sericitic
haloes. Core diameters 47mm.
Table 2. Summary of 2018 Drill Results to-date from Nika Zones and NW Gap Area
Hole Easting Northing Azimuth Plunge From To Interval Au ppm
DO-18-212 704892 5491799 360 -60 28.7 42.0 13.3 0.43
including 33.0 34.3 1.3 1.25
including 37.0 38.0 1.0 1.07
DO-18-212 125.6 129.0 3.5 0.67
including 127.1 127.9 0.9 1.15
DO-18-212 205.0 209.0 4.0 0.48
DO-18-214 705321 5491889 360 -50 181.0 184.0 3.0 0.86
incl 181.0 182.0 1.0 1.71
DO-18-214 424.5 434.0 9.5 1.01
incl 424.5 428.0 3.5 1.88
incl 433.0 434.0 1.0 1.50
incl 441.5 446.4 4.9 0.74
DO-18-214 454.9 457.0 2.1 0.42
DO-18-217 705112 5491600 360 -50 147.7 150.0 2.3 1.83
DO-18-217 165.0 178.0 13.0 0.50
including 166.0 168.0 2.0 0.87
including 175.5 178.0 2.6 1.19
DO-18-217 284.0 388.0 104.0 0.44
including 286.0 287.0 1.0 1.04
including 284.0 293.1 9.1 0.47
including 303.0 333.8 30.8 0.74
including 309.0 326.0 17.0 1.08
including 333.0 333.8 0.8 1.64
including 356.0 388.0 32.0 0.30
DO-18-218 705200 5491498 360 -45 162.0 176.0 14.0 0.35
DO-18-218 201.0 222.5 21.5 0.54
DO-18-218 290.1 292.0 1.9 0.80
DO-18-218 297.0 347.0 50.0 1.77
Including 298.0 324.0 26.0 1.40
Including 342.8 347.0 4.2 8.92
DO-18-218 357.3 366.1 8.8 0.44
Including 364.0 366.1 2.1 1.05
DO-18-218 391.0 403.0 12.0 0.31
DO-18-218 409.8 423.0 13.2 0.86
including 415.0 419.5 4.4 1.24
DO-18-218 453.0 454.0 1.0 1.67
DO-18-227 704896 5491654 360 -60 Assays Pending
DO-18-233 705283 5491808 360 -50 Assays Pending
DO-18-241 705300 5491370 360 -50 Assays Pending
*Intervals given are all down-the hole lengths, which are estimated to be approximately 90% of true width
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 rele ase
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 logg ing 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 o f 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 a well-funded gold exploration company focused on advancing a district-scale gold project
in one of the world’s premier mining jurisdictions. The Company’s 370 km² 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. For more information please visit www.maplegoldmines.com.
ON BEHALF OF MAPLE GOLD MINES LTD.
“Matthew Hornor”
B. Matthew Hornor, President & CEO
For Further Information Please Contact:
Mr. Joness Lang
VP, Corporate Development
Office: +1 416.306.8124
Email: [email protected]
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RELEASE.
Forward Looking Statements:
This news release contains “forward -looking information" and “forward-looking statements” (collectively referred to as “forward -looking
statements”) within the meaning of applicable Canadian securities legislation in Canada , including statements about the prospectiv e
mineral potential of the Porphyry Zone, the potential for significant mineralization from other drilling in the referenced drill program and
the completion of the drill program. Forward-looking statements are based on assumptions, uncertainties and management’s best estimate
of future events. Actual events or results could differ materially from the Company’s expectations and projections. Investors are cautioned
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the time they were made or in certain cases, on third party expert opinions. Such forward-looking statements involve known and unknown
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