Maple Gold Mines Ltd. Reports Significant Gold Discoveries at Douay Project

Toronto, Canada — Maple Gold Mines Ltd., a mineral exploration and development company listed on the TSX Venture Exchange, has announced promising results from its recent drilling campaign at the Douay Gold Project in Québec, Canada. The company, which focuses on the acquisition, exploration, and development of gold properties, has reported significant extensions of high-grade gold zones, marking a potential increase in the project’s value.

On July 15, 2025, Maple Gold Mines Ltd. shared final assay results from sixteen additional drill holes completed during the 12,240-meter winter drill campaign. The results highlight substantial gold grades in two key zones: the 531 Zone and the Nika Zone. In the 531 Zone, the company reported 4.87 grams per tonne (g/t) of gold over 15 meters, including a notable 11.25 g/t over 5 meters. Meanwhile, the Nika Zone yielded 2.21 g/t over 31 meters, with a peak of 5.54 g/t over 7 meters.

These findings are significant as they confirm the extension of high-grade gold zones well below the current Douay mineral resource estimate (MRE) conceptual pit shells. This suggests the potential for bulk tonnage underground, which could enhance the project’s overall resource base.

The successful step-out drilling in both zones supports the company’s plans for Phase II drilling and a mineral resource update scheduled for the second half of 2025. This strategic move aims to further delineate the gold-bearing zones and potentially expand the project’s scope.

As of July 13, 2025, Maple Gold Mines Ltd. had a close price of 0.085 CAD, with a market capitalization of 38,760,000 CAD. The company’s 52-week high was 0.105 CAD on May 6, 2025, and its 52-week low was 0.045 CAD on November 20, 2024. Despite a negative price-to-earnings ratio of -5.94, the recent drilling results may positively influence investor sentiment and the company’s financial outlook.

Maple Gold Mines Ltd. continues to focus on its primary operations in Toronto, serving customers nationwide with its expertise in gold exploration and development. The recent discoveries at the Douay Gold Project underscore the company’s commitment to expanding its resource base and enhancing shareholder value.

For further information, Maple Gold Mines Ltd. can be contacted through its primary exchange listings: TSX Venture Exchange (MGM), OTCQB (MGMLF), and FSE (M3G).