Mining Review 6th August 2023
Maple Gold and Pacgold reported exploration results this week, neither causing much excitement in the market.
Gold fell nearly 1% on US rate news and sentiment, silver, nearly 3%, reversing some of the recent rise. Continue reading
Mining Review 11th June 2023
Wesdome Gold Mines confirmed they have suspended activities at their Kiena mine due to the wildfires raging in Canada. Calidus Resources, Maple Gold, Orla Mining and O3 Mining all reported news.
Gold held steady despite more FED rate rise speculation. Continue reading
Maple Gold Mines (TSX.V: MGM)
Reported complete gold assay results (multi-element assay results remain pending) from the first phase of deep drilling at the Telbel Mine area of the Joutel Gold Project located in Québec, Canada, which is a 50/50 JV between the Company and Agnico Eagle Mines. Continue reading
Mining Review 21st May 2023
Neometals and Calidus Resources published positive updates in a week devoid of news of substance.
Most metals also had a poor week, but lithium rose strongly and looks to be on the way back up after a terrible year so far. Continue reading
Maple Gold Mines (TSX.V: MGM)
Reported complete assay results for four drill holes and partial assay results for five (5) additional drill holes from the Company’s ongoing 2022 drilling at its 100%-controlled Eagle Mine Property located in Québec, Canada. Continue reading
Maple Gold Mines (TSX.V: MGM)
Announced that a third drill rig has been secured to commence a 5,000 metre Phase III drill program at its 100%-controlled Eagle Mine Property.
The third rig is expected to arrive at site by mid-October, keeping the Company on track to complete approximately 30,000 m across its district-scale property in Québec by year-end. Continue reading
Mining Review Sunday Update 21st August 2022
Another poor week for gold as the US dollar (DXY) climbed higher, reaching 108.
Companies making news this week included American Creek, Cartier Resources, Karora Resources, Maple Gold, Rokmaster, and Uranium Energy Corp.
Maple Gold Mines (TSX.V: MGM)
Reported initial assay results from the first drill hole of the Company’s Phase II drill program at its 100%-controlled Eagle Mine Property in Québec.
Drill hole EM-22-009 intersected 11.4 grams per tonne gold over 3 m, including 24.4 g/t Au over 1 m. Continue reading
Maple Gold Mines Ltd. (TSX.V: MGM)
Reported final assay results from the autumn 2021 drill program at the Company’s Douay Gold Project in Quebec, Canada. (50/50 JV with Agnico Eagle Mines).
The JV completed a total of seven holes and roughly 3,420 m, with every hole intersecting multiple intervals of >1 gram per tonne gold/ […] Continue reading
Maple Gold (TSX.V: MGM)
Reported positive results of an updated Mineral Resource Estimate for the Douay Gold Project in Quebec, Canada, which is held by a 50/50 JV between the Company and Agnico Eagle Mines Limited.
Total contained gold ounces at Douay have increased along with further conversion from Inferred to Indicated Resources categories based on successful exploration and infill drilling. […] Continue reading
City Investors Circle – Mining Review 19th Dec 2021
The price of gold is still gyrating between $1760 and $1810, as the FOMC meeting comments are absorbed by the market, and sentiment changes by the day.
Ascot Resources, Cabral Gold, Canuc Resources, Neometals, and Orla Mining all made significant announcements this week. Continue reading
Maple Gold Mines Ltd. (TSX.V: MGM)
Announced plans for a 2,500-3,000 metre Phase I drill program based on the recently completed 3D geological and structural model at the Company’s 100% controlled Eagle Mine Property in Quebec, Canada.
The past-producing Eagle-Telbel Mine Trend, which produced 1.1 million ounces of gold between 1974 and 1993 […] Continue reading
Mining Review Sunday Update 10th October
Another poor week for gold, until the US job numbers reported a big miss versus expectations, and then gold ended firmer slightly down from the previous week.
Colonial Coal rose again, as the price of coking coal remains at elevated levels amid reports that some Chinese power plants are burning coking coal due to a shortage of thermal coal. Continue reading
Maple Gold Mines Ltd. (TSX.V: MGM)
Reported results from the final nine holes completed during the 10,217-metre winter drill campaign at the Douay Gold Project in Quebec, Canada.
Douay is held by a 50/50 JV between the Company and Agnico Eagle Mines Limited. Continue reading
