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MGM.V ·

Maple Gold files NI 43-101 Technical Report

Resource Estimates Technical Reports (NI 43-101)

PRESS RELEASE

March 29, 2018

Maple Gold files NI 43-101 Technical Report

March 29, 2018 – Montreal (Quebec): Maple Gold Mines Ltd. (“Maple Gold” or the “ Company”) (TSX-V:

MGM, OTCQB: MGMLF; Frankfurt: M3G) is pleased to announce that is has filed a National Instrument

43-101 Technical Report for the updated Mineral Resource Estimate (the “Estimate”) on the Company’s

Douay Gold Project, as prepared by Micon International Limited.

The technical report is available for review on SEDAR ( www.sedar.com) and on the Company’s website

(www.maplegoldmines.com). The results of the updated Estimat e were originally presented in a news

release dated February 14, 2018, which is also available on SEDAR and the Company’s website.

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 resour ce that remains open in multiple directions, with

excellent infrastructure and several large scale operating mines within this prolific mining district. Maple

Gold has a significant drill campaign under way to expand on the known Resource A reas 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]

NEITHER TH E TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE

POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS

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. 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 that forward -looking statements involve risks and uncertainties.

Accordingly, readers should not place undue reliance on forward -looking statements. Forward -looking statements include, but are not

limited to, statements regarding timing and completion of the private placement . When used herein, words suc h as “anticipate”, “will”,

“intend” and similar expressions are intended to identify forward-looking statements.

Forward-looking statements are based on certain estimates, expectations, analysis and opinions that management believed reasonable at

the time they were made or in certain cases, on third party expert opinions. Such forward-looking statements involve known and unknown

risks, and uncertainties and other factors that may cause our actual events, results, performance or achievements to be materially different

from any future events, results, performance, or achievements expressed or implied by such forward -looking statements. For a more

detailed discussion of such risks and other factors that could cause actual results to differ materially from thos e expressed or implied by

such forward-looking statements, refer to Maple Gold Mines Ltd.’s filings with Canadian securities regulators available on www.sedar.com

or the Company’s website at www.maplegoldmines.com. The Company does not intend, and expressly disclaims any intention or obligation

to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required

by law.