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Maple Gold Mines Ltd. (V:MGM)

Business Focus: Gold Mining

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Insider Filings

Latest 10 SEDI filings for MGM within the last 6 months
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Company News

Jan 29, 2020 10:23 ET
Maple Gold Commences Induced Polarization Work to Test for Potential Higher-Grade Gold Lenses
Montreal, Quebec--(Newsfile Corp. - January 29, 2020) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company")  is pleased to announce that induced polarization ("IP") work recently commenced at Douay, with the aim of establishing new high-grade discovery targets during the first quarter. One area prospective for new higher grade discoveries is located approximately 6km NE of the Douay deposit's 531 Zone.
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Jan 20, 2020 07:30 ET
Maple Gold Commences Drilling at the 531 Zone
Montreal, Quebec--(Newsfile Corp. - January 20, 2020) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce that the first drill rig has arrived at the Project and has begun testing priority high-grade targets at the 531 Zone (see figure 1). Last year Maple Gold created a new 3D model that guided the decision to drill at the 531 Zone, where no drilling had been completed since 2007. The lone drill hol e at the 531 Zone during the 2019 winter campaign (DO-19-262) cut two zones of mineralisation (51m @ 2.81 g/t Au, including 16m @ 4.58 g/t Au and 9m @ 4.92 g/t Au; and 28m @ 2.55 g/t, including 9m @ 4.71 g/t Au - see press release June 5, 2019).
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Valuation Ratios

Price to Sales - TTM
Price to Book - most recent quarter
Price to Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
Jan 31, 202044,000-251,095
Jan 15, 2020295,095152,095
Dec 31, 2019143,00049,507
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Business Summary

Sector:  Basic Materials Industry:  Gold

Maple Gold Mines Ltd,formerly known as Aurvista Gold Corporation is a Canada-based gold exploration company engaged in gold mining sector. The Company is primarily involved in the acquisition, exploration and development of mining properties in Canada. The Company's district-scale approximately 370 km Douay Gold Project is located along a 55km segment of the Casa Berardi Deformation Zone within the prolific Abitibi Greenstone Belt in northern Quebec. The Project hosts a gold deposit that remains open in several directions, with infrastructure and several operating mines within approximately 150 km. The Douay Gold Project's gold lenses have never been mined, the Project is virtually royalty free.

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