01:13 PM EDT, 10/07/2021 (MT Newswires) -- Maple Gold Mines Ltd. (MGM.V) on Thursday rose 5.1% on last look after reporting plans to start a 2,500 to 3,000-meter Phase I drill program in the fourth quarter at its Eagle Mine Property in Quebec, Canada.
The plan is based on the recently completed 3D geological and structural model. The company said results indicate an opportunity to extend mineralization beyond the mined-out stopes and along observed sub-parallel gold trends that were never mined nor adequately tested.
Among the highlights, the company said significant historical drill intercepts near areas that have seen only limited drilling to date all point to the high-grade gold mineralization potentially remaining at Eagle.
Price: 0.31, Change: +0.02, Percent Change: +5.08