Vancouver, British Columbia--(Newsfile Corp. - December 20, 2024) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ('Maple Gold' or the 'Company') is pleased to announce that, further to
Vancouver, British Columbia-- - Maple Gold Mines Ltd. is pleased to announce that, further to its news releases of June 20, 2024 and September 10, 2024, the Company has completed its previously announced joint venture restructuring transaction through which it has obtained legal title to, and a 100% ownership interest in, the multi-million-ounce1 Douay Gold Project and past-producing, high-grade Joutel Gold Project located along the Casa Berardi-Douay Gold Trend in Québec, Canada.
AdvisorsFort Capital Partners acted as advisor to Maple Gold with respect to the Restructuring Transaction and the Company's capital markets strategy. Cassels Brock & Blackwell LLP acted as legal advisor to Maple Gold with respect to the Restructuring Transaction.The scientific and technical data contained in this news release was reviewed and approved by Ian Cunningham-Dunlop, P.Eng., Vice President, Technical Services of Maple Gold. Mr.
1 The Douay Project contains Indicated Mineral Resources estimated at 10 million tonnes at a grade of 1.59 g/t Au, and Inferred Mineral Resources estimated at 76.7 million tonnes at a grade of 1.02/t Au. See the technical report for the Douay Gold Project entitled"Technical Report on the Douay and Joutel Projects Northwestern Québec, Canada Report for NI 43-101" prepared by SLR Consulting Ltd. with an effective date of March 17, 2022 and dated April 29, 2022.
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