Maple Gold Mines Ltd
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Kiran Patankar
- Full Time Employees
- 13
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1111 W Hastings St Vancouver BC Canada V6E 2J3
- IPO Date
- Jul 29, 2011
- Website
- maplegoldmines.com
- Similar Companies
- Business
- Maple Gold Mines Ltd. is a Canadian advanced exploration company specializing in the acquisition, exploration, and development of gold properties in Quebec, Canada. It focuses primarily on advancing the district-scale Douay and Joutel gold projects located in the prolific Abitibi Greenstone Gold Belt. The company's core offerings include exploration and development of gold mineral resources, encompassing high-grade gold zones, past-producing mine complexes, and extensive prospective land packages. Maple Gold also holds full ownership of the Morris project in the Matagami mining district and an exclusive option to acquire the Eagle Mine property, contributing to its portfolio of gold assets. The company operates primarily in Quebec, with significant assets including the Douay Gold Project, which hosts over 3 million ounces of gold within a fragmented resource across multiple zones, and the Joutel project, a high-grade, past-producing gold mine complex. The company's exploration strategy involves extensive drill programs aimed at expanding known mineral resources, converting inferred resources into indicated resources, and exploring new discovery potential across a 400 km² land package. In recent major developments, Maple Gold completed a joint venture restructuring transaction with Agnico Eagle Mines Limited in December 2024, acquiring 100% legal title and ownership of the Douay and Joutel gold projects while granting Agnico a 1% net smelter return royalty on certain properties. The strategic partnership with Agnico Eagle, which remains the company's largest shareholder, bolsters Maple Gold's financial position and advances its control over key assets. In 2025, Maple Gold completed an upsized and oversubscribed C$13 million brokered life private placement, strengthening its balance sheet and funding key exploration catalysts through 2026. The company is executing an aggressive drill program with targets to expand high-grade zones and advance resource updates, aiming to unlock the full potential of its large gold district in Quebec. Founded in 2011 and headquartered in Montreal, Canada, Maple Gold Mines Ltd. continues to develop its exploration-stage projects in a top-tier mining jurisdiction, leveraging strategic alliances, robust funding, and operational growth to enhance its footprint in the North American gold mining industry. The company serves institutional investors and the mining sector with a focus on developing economically viable gold resources in Quebec. This description integrates the company's main products, services, geographic focus, and recent operational and strategic changes to comprehensively reflect its current corporate profile.
Company News
Maple Gold Mines Ltd. (OTCMKTS:MGMLF) Shares Shorted: Short Interest Down 56.5% in September
Maple Gold to Participate in the Gentile Mining Investor Forum and Michael Gentile Mining & Metals European Roadshow
BTV Explores: What Investors Should Look for in Mining Companies
Maple Gold Reports Final Joutel Winter Drill Results, Including 8.6 g/t Gold over 4.2 Metres Within 2.5 g/t Gold over 18.3 Metres in the Eagle Mine Area, and Launches Expanded, Fully Funded 25,000 Metre Fall Drill Campaign
Maple Gold Accelerates Growth Strategy with Senior Executive Appointment and Full Consolidation of Joutel
Maple Gold Announces Annual General and Special Meeting Results
Maple Gold Files Technical Report and Updated Mineral Resource Estimate for the Douay/Joutel Gold Project, Québec
Maple Gold Raises $3,256,096 in Warrant Acceleration Program
Maple Gold Announces Continued Growth of High-Grade Gold Zones Beyond Historical Mine Workings and Current Mineral Resources at Joutel
Maple Gold Provides Notice of Warrant Acceleration
Maple Gold Reports Updated Mineral Resource Estimate for the Douay/Joutel Gold Project, Québec, Including a Maiden High-Grade Underground Mineral Resource Estimate at Joutel
Maple Gold Expands Gold System at Douay with Broad Step-Out Intercepts; 1.1 g/t Au over 74 m, Including 2.8 g/t Au over 13.5 m, in the Nika Zone and 1.0 g/t Au over 138 m, Including 3.1 g/t Au over 9 m, in the Porphyry West Zone
Maple Gold Announces Annual Equity Incentive Plan Grants
Maple Gold Reports Multiple High-Grade Gold Intercepts from Continued Step-Out Drilling at Joutel, Including 17.9 g/t Gold over 3.9 Metres Within 8.6 g/t Gold over 10.4 Metres in the Telbel Mine Area
Maple Gold Announces Early Exercise of Warrants by Michael Gentile
VIDEO - BTV Visits Atlas Salt, Graphene Manufacturing, Telescope Innovations, Nevada Organic Phosphate, Maple Gold, Intrepid Metals and Nine Mile Metals
Maple Gold Extends High-Grade Gold at Joutel and Strengthens Technical Team with Appointment of Vice President, Exploration
Maple Gold Announces Closing of Oversubscribed Concurrent Offerings for Gross Proceeds of $16 Million
Maple Gold Announces $12 Million Brokered Life Offering and a Concurrent $4 Million Non-Brokered Private Placement
Maple Gold Mines (OTCMKTS:MGMLF) Stock Price Down 0.9% – Time to Sell?