Projects in safe jurisdictions will attract premium – Quebec explorer gold Canada mining Quebec Abitibi exploration MapleGoldMines
With global conflict and resource nationalism having placed geopolitical uncertainty among the top risks for mining companies, those with projects in safe jurisdictions will be rewarded, says Canadian explorer Maple Gold Mines CEOThe company operates in the prolific Abitibi Greenstone Gold Belt of Quebec, where it is in a 50:50 joint venture with senior gold miner Agnico Eagle Mines on two projects.
The Abitibi belt, which stretches from Wawa in Ontario to Chibougamau in Quebec, is right where Maple Gold Mines sees its future to establish a new gold district through resource expansion and new discoveries. “The Abitibi is an amazing place to operate in. It has all these breaks that have been prolific in producing hundreds of millions of ounces. We expect that there will be hundreds of million more ounces produced from the Abitibi in future.
In addition, Maple has an exclusive option to acquire 100% of the Eagle mine property, which is an inlier property within the Joutel project.property package. At Eagle, more than 14 000 m of drilling has been completed and Maple has started reporting assay results, which support its view that multiple sub-parallel gold horizons exist beyond what was historically mined. Hornor says “several compelling targets” will be followed up this year.
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