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

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  • Eagle hosts the historical underground Eagle Mine, which formed a part of Agnico's past-producing Eagle-Telbel mining complex that produced approximately 1.1 million ounces of gold between 1974 and 1993 during a significantly lower gold price environment. Maple Gold signed an option agreement to acquire 100% interest in the Eagle Mine Property with Globex Mining Enterprises Inc. (“Globex”) in 2021 (see option agreement details section below)
  • Strategic acquisition for Maple along the dominant northwest-southeast gold trend (Harricana Deformation Zone) that hosted the entire Eagle-Telbel mining complex.
  • New 3D geological and structural model was completed in Q4/2021 that highlighted several target areas with demonstrated high-grade material beyond mined out stopes.
  • Phase I drill campaign (~5,000 m) commenced in January 2022 to test a possible parallel/secondary shoot at Eagle.