Maple Gold Mines CEO Kiran Patankar Steve Darling from Proactive to discuss a significant update to the company’s independent Mineral Resource Estimate (MRE) for its Douay Gold Project and Joutel Gold Project. The updated estimate further reinforces the projects’ combined potential as a growing, district-scale gold system located in the prolific Abitibi Gold Belt.
At Douay, both pit-constrained and underground resources have increased, supported by ongoing exploration success and infill drilling. The updated 2026 MRE also reflects meaningful conversion of resources from the Inferred to the higher-confidence Indicated category, highlighting improved geological understanding and continuity within the deposit.
A key highlight of the update is the inclusion of a maiden high-grade underground resource at Joutel, which encompasses the historic Joutel Mining Complex. The estimate outlines an Indicated Resource of 17.3 million tonnes grading 1.31 grams per tonne gold, totaling approximately 731,000 ounces. In addition, the project hosts an Inferred Resource of 111.1 million tonnes at 0.77 grams per tonne gold, representing approximately 2.74 million ounces.
At Douay’s underground component, the 2026 MRE—reported at a cut-off grade of 0.98 grams per tonne gold—includes an Indicated Resource of 0.9 million tonnes at 1.66 grams per tonne gold for 48,000 ounces, alongside an Inferred Resource of 11.7 million tonnes grading 1.50 grams per tonne gold for approximately 560,000 ounces.
Importantly, Patankar noted that the updated resource estimate establishes a new baseline for future growth and does not yet include results from the company’s ongoing 32,000-metre winter drill program, which has already delivered encouraging step-out results. This provides additional upside potential as new data is incorporated into future updates.
Building on this momentum, Maple Gold is planning aggressive, fully funded drilling campaigns for the second half of 2026 and into 2027. These programs are designed to drive near-term resource expansion at both Douay and Joutel, which remain open in multiple directions, while also advancing high-priority regional exploration targets across the company’s expansive 481-square-kilometre land package.
#proactiveinvestors #maplegoldmines #tsxv #mgm #otcqx #mgmlf #DouayProject #JoutelProject #AbitibiGoldBelt #GoldExploration #MineralResources #MRE #HighGradeGold #MiningUpdate #ResourceExpansion #DiamondDrilling #CanadianMining #ExplorationUpdate #JuniorMining #GoldDevelopment