JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Maple Gold Mines Ltd.

MGM·$2.14·$138.6M cap
GoldDouay/Joutel Gold Project, Abitibi Greenstone Belt, Quebec Map

Maple Gold Mines holds the 100%-owned, district-scale Douay/Joutel gold project spanning roughly 481 km2 along a 40km segment of the Casa Berardi Deformation Zone in Quebec's Abitibi Greenstone Belt. Across its two deposits the company reports approximately 5.2 million oz gold (Douay alone: 731,000 oz Indicated plus 2.74 million oz Inferred in-pit, plus 608,000 oz underground). A fully-funded C$13.9M, 32,000-metre 2026 drill program is underway, with engineering firm Ausenco conducting an internal scoping study ahead of a formal preliminary economic assessment decision expected in H1 2027.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
7.3/10
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
4.3/10
Weaker depositStronger deposit
7.7/10
Weaker profileStronger profile
Price Chart
$0.047$1.06$2.19$2.02$2.14AugNovMarJunSep
Aug 12, 2025Sep 4, 2026
News
$2.14
+189.4%from low-26.2%from high
$0.74$2.90
$138.6M
Far belowFar above
$29.1M median
Price (USD - Local)
$2.14 - CAD 2.96
Cash Position (USD)
$19.4M
Far belowFar above
$11.6M median
Debt (USD)
$205.9K
Far aboveFar below
$0 median
$119.4M
Far belowFar above
$26.9M median
75.7M
Far aboveFar below
173M median
Jurisdiction
Canada
905,000 oz
Far belowFar above
1.3M median
$131.96/oz
Far aboveFar below
$158.80/oz median
0.0432 oz/tCut-off: 0.35 g/t Au (Douay open pit Mineral Resource cut-off); 0.98 g/t Au (Douay underground Mineral Resource cut-off, lowered from 1.15 g/t Au in the 2022 MRE); 1.70 g/t Au (Joutel underground maiden Mineral Resource cut-off -- no open-pit resource for Joutel in this MRE)
Far belowFar above
0.04 oz/t median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
12.5%
0%100%
19.3% median
This company's data hasn't been researched yet
68 kmfrom Hecla Mining Company's Casa Berardi
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
5.3/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
-6.1% since 2026-08-01 · -6.1% from peak

Your Rankings

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Management Team

President, Chief Executive Officer and Director of Maple Gold Mines Ltd. Senior mining executive with an investment banking/capital markets background; served as CFO in 2022-2023 and SVP Growth Strategy in 2021-2022 at Maple Gold before becoming CEO. Previously President/CEO of two TSX-V gold companies. Colorado School of Mines and Yale School of Management.

Executive Vice President of Maple Gold Mines Ltd. Previously Executive Vice President of Onyx Gold Corp. (per Maple Gold's own listing this is now a PRIOR role, not concurrent -- the Onyx PersonMinerRole's ONGOING/null endDate in this database is stale and was not corrected by this merge, which touches identity only; flagged as an open follow-up in the Task #526 closure note). Vancouver-based mining executive with a proven Archean lode-gold discovery record across Ontario, Quebec and West Africa; exploration and project-management experience spans HighGold Mining's Johnson Tract (Alaska), NewCastle Gold's Castle Mountain (California), True Gold Mining's Karma mine (Burkina Faso), Fronteer Gold's Long Canyon (Nevada), and projects in Turkey and Labrador. Led the exploration team at Homestake Mining's/Barrick Gold's Eskay Creek mine in British Columbia, 1997-2003. Also affiliated with HighGold Mining Inc. and Constantine Metal Resources. (Task #526 merge; sourced from RocketReach/LinkedIn bio and Maple Gold Mines' own management-team news release.)

SVP Corporate Development & Strategy at Maple Gold Mines Ltd. 15+ years of corporate development, M&A and investor relations experience; previously VP at O3 Mining through its C$204M acquisition by Agnico Eagle in March 2025, and earlier Head of Business Development at Volcan Compañía Minera.

Chief Financial Officer of Maple Gold Mines Ltd. CA/ICAEW, CFA; 25+ years of consulting and financial advisory experience focused on mining, including 10 years as CFO/Corporate Secretary of Dynasty Metals & Mining through its TSX listing and 10+ years at PwC.

Chief Governance & Compliance Officer of Maple Gold Mines Ltd. Acc.Dir.; governance and compliance experience across legal, private and public sectors, previously with China Gold International Resources, Goldcorp and Alterra Power.

VP Exploration at Maple Gold Mines Ltd. P.Geo.; 30+ years of global mineral exploration experience at Glencore, Xstrata and Falconbridge; manages the Douay/Joutel operations.

VP Investor Relations & Corporate Development at Maple Gold Mines Ltd. MBA; 15+ years of mining/energy IR experience, having led global IR at Methanex Corp and previously worked at Hecla Mining.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
7/10

Agnico Eagle Mines, a top-tier global gold producer, holds nearly 13% of Maple Gold Mines through a cash strategic investment tied to a funded 50-50 joint venture on adjoining projects. Franklin Templeton's dedicated gold and precious metals fund led a further financing round to close to 10% ownership, and a director bought shares on the open market.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.

AI take

Maple Gold Mines' updated Mineral Resource Estimate for the Douay/Joutel Gold Project, Québec (data cutoff 1 Nov 2025), including a maiden high-grade underground estimate at Joutel: combined Indicated Mineral Resource of 905,000 oz gold (19.1 Mt at 1.48 g/t) and Inferred Mineral Resource of 4,279,000 oz gold (130.2 Mt at 1.03 g/t). Douay project alone: pit-constrained Indicated 731,000 oz (17.3 Mt at 1.31 g/t) + Inferred 2,744,000 oz (111.1 Mt at 0.77 g/t); underground Indicated 48,000 oz (0.9 Mt at 1.66 g/t) + Inferred 560,000 oz (11.7 Mt at 1.50 g/t). Results from the company's ongoing 32,000m drill program (approx. 67 holes / 31,200m completed since the Nov 2025 cutoff) are not included in this MRE. No Measured category and no PEA/economic study yet.