Maple Gold moves the needle at Douay and Joutel in Quebec

Maple Gold Mines president and CEO Matthew Hornor has extensive experience in structuring and negotiating strategic partnerships and capital raising. Credit: Henry Lazenby

Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is building exploration momentum at its flagship Douay and Joutel projects in Quebec’s Abitibi gold belt, where it is working with Agnico EagleMines (TSX: AEM; NYSE: AEM) in a 50-50 joint venture to jointly unlock their regional potential.

On February 2, Maple Gold Mines and Agnico Eagle signed a joint venture agreement under which the parties formed a 50-50 joint-venture that incorporates Maple Gold’s Douay gold project and Agnico’s Joutel gold project into a consolidated property package. The Douay and Joutel projects, the latter hosting Agnico’s past-producing Telbel mine, are contiguous properties located in the James Bay subregion of Northern Quebec.

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