GRAPH ICON
TSX.V: MGM
GRAPH ICON
OTCQB: MGMLF
SUBSCRIBE ENVELOPE ICON

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  • Located in one of the world’s best mining jurisdictions
  • Established gold resource – see RPA Resource Estimate below
  • Royalty free except for 1% NSR that covers small NW Zone
  • Excellent infrastructure with large operating mines within 150km
  • District-scale ~350km2 property package
  • 55 km of strike along the Casa Berardi Deformation Zone
  • Significant exploration potential

Recent Milestones & Upcoming Plans

  • 2019 winter drilling campaign (6,045 metres completed)
    • Drilled higher-than-deposit-average grade in every resource zone tested
  • New 3D geological and structural model to better constrain mineralisation
  • New resource estimate delivered with conservative adjustments and increased focus on economic parameters
  • Evaluating several alternative scenarios to develop most efficient path toward economic study stage for portion of the known resources
  • High-grade drill targets defined at 531 Zone – focused drill campaign designed (Q4)
  • De-risking and advancing the project with the aim of securing strategic investment
  • Defining highest-priority near-surface drill targets for winter 2020 drill season
  • Advancing greenfields new discovery targets located to the NE of known resource