Kiran Patankar, President & CEO of Maple Gold Mines Ltd. (TSXV: MGM | OTCQB: MGMLF), outlines the company’s aggressive plans to unlock value from its district-scale gold projects in the Abitibi Greenstone Belt, Quebec—Canada’s most prolific gold-producing region.
With 100% ownership of the 3-million-ounce Douay Gold Project and the past-producing Joutel Mine Complex, Maple Gold is advancing exploration and simultaneously de-risking ounces through trade-off studies, resource updates, and development planning.
Patankar highlights the company’s proactive approach with First Nations, lean cost structure, and fully funded drill programs for 2025 as key strategic strengths. Supported by former JV partner Agnico Eagle, Maple is now operating independently and efficiently with a sharpened focus on shareholder value and discovery.
🔑 Key Takeaways:
District-Scale Advantage
✓ 481 km² land package along the gold-rich Casa Berardi Fault
✓ 3Moz Douay resource (2022) with a new update expected by year-end
✓ Joutel project has historic production of 1Moz at 6.5 g/t Au2025 Catalysts Fully Funded
✓ 12,000m drill program complete at Douay; more results pending
✓ 3,000m drill campaign at Joutel upcoming
✓ Resource updates, PEA studies, and trade-off work in progressEfficient Operations
✓ 46% reduction in G&A — now just $150k/month
✓ “Lean and mean” structure optimized for capital efficiencyStrong ESG Focus
✓ Active engagement with the Pikogan First Nation
✓ Local hiring and contractor sourcingShareholder Value Strategy
✓ Positioned to benefit from rising gold price
✓ Near-term catalysts to drive valuation before next raise
✓ Management focused on long-term value creation, not just short-term promotion
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