Maple on track to complete 30 000-m Quebec drill programme by year-end
Canadian junior Maple Gold has secured a third drill rig to start its 5 000 m, Phase 3 drill programme at the Eagle mine property.
The rig is expected to arrive at site by mid-October, keeping the company on track to complete about 30 000 m across its district-scale 400 km2 property package in Québec, by year-end.
The company reports that two rigs are now turning on deep drill holes beneath and adjacent to the historical underground mine workings in the Telbel mine area at the Joutel project, which is held by a 50:50 joint venture (JV) between Maple Gold and Agnico Eagle Mines.
In addition, the Maple expects to secure a fourth drill rig in November to commence deep drilling at the JV’s Douay project.
The company also announced that it has resolved the electrical issues at site that affected its core saws, effectively removing its core cutting backlog and enabling several large batches of samples from previously completed drilling to be sent to the assay labs.
“We are excited to commence Phase 3 drilling at Eagle that will follow up on the best results of the first two drilling phases and test additional targets while we are also ramping up the pace of our supplemental C$4.8-million deep drilling programme at Douay and Joutel,” stated president and CEO Matthew Hornor.
“With normal site operations now restored, our backlog of core splitting and sample shipments has been effectively eliminated and we anticipate additional assay results throughout the fourth quarter of 2022.”
The company expects to be continuously drilling more aggressive step-out and deep drill holes at Douay, Joutel and Eagle with at least three rigs from mid-October through the end of the first quarter of 2023.
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