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Maple Gold Mines Stock Price, News & Analysis

MGMLF Nasdaq

Welcome to our dedicated page for Maple Gold Mines news (Ticker: MGMLF), a resource for investors and traders seeking the latest updates and insights on Maple Gold Mines stock.

Maple Gold Mines Ltd. (OTCQX: MGMLF) generates a steady flow of news as it advances its 100%-owned Douay/Joutel Gold Project in Québec’s Abitibi Greenstone Belt. This news feed aggregates company announcements related to exploration results, drill campaigns, corporate actions and capital markets developments that affect the MGMLF stock.

Investors following Maple Gold can expect detailed updates on diamond drill programs at the Douay and Joutel projects, including step-out and infill drilling in zones such as Nika, 531, Porphyry and other mineralized areas within the Douay resource. News releases frequently highlight assay results, interpretations of mineralization controls and the implications for resource expansion and potential underground bulk-tonnage targets.

Maple Gold also issues news on property-scale exploration, including staking of additional mining claims, regional geophysical surveys and field programs that refine targets along the Casa Berardi–Douay trend and within Taibi Group sediments. These items provide context on how the company is building and prioritizing its pipeline of near-deposit and regional targets across its district-scale land package.

Corporate and capital markets updates are another key component of MGMLF news. These include announcements on share consolidations, equity financings, equity incentive grants, board and management changes, and the company’s graduation to the OTCQX Best Market in the United States. Together, these disclosures outline how Maple Gold funds and governs its exploration strategy.

For anyone tracking MGMLF, this page offers a centralized view of the company’s operational, technical and corporate developments over time, helping readers understand how ongoing exploration and corporate decisions relate to the Douay/Joutel Gold Project and Maple Gold’s position in the gold exploration sector.

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NevGold Corp (TSXV: NAU / OTCQX: NAUFF) reports a near-surface oxide gold‑antimony opportunity at Limousine Butte with Phase II metallurgy showing average gold recoveries >93% and individual samples up to 99%. High‑grade drill intercepts include 11.42 g/t AuEq over 7.7 m. A maiden gold‑antimony Mineral Resource Estimate is targeted for Q2 2026, supported by ongoing metallurgical work, re‑assays and a planned 20,000 m drill program. The project emphasizes potential on-site antimony processing and near‑term leach‑pad production within a U.S. strategic supply context.

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Maple Gold (OTCQX: MGMLF) released a 2026 Mineral Resource Estimate for the Douay/Joutel project (effective April 24, 2026) showing Total Project Indicated 905,000 oz Au (19.1 Mt at 1.55 g/t) and Inferred 4,279,000 oz Au (130.2 Mt at 0.88 g/t). The update adds +394,000 Indicated and +1,772,000 Inferred ounces versus 2022 and includes a maiden high‑grade Joutel underground resource (Indicated 126,000 oz at 4.53 g/t).

The MRE uses a US$2,500/oz gold price and reports pit and underground resources with stated cut‑offs; a NI 43‑101 technical report will follow within 45 days.

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Maple Gold (OTCQX: MGMLF) reported assay results from 14 holes in its 30,000m winter program at Douay/Joutel, highlighting wide gold intervals including 1.1 g/t Au over 74 m (Nika) and 1.0 g/t Au over 138 m (Porphyry West).

The Nika plunge is confirmed to ~900 m depth and remains open; 51 holes (~24,000 m) are complete, 28 assays reported, 23 pending. An updated Douay MRE and maiden Joutel MRE are expected in H1 2026. A $13.9M 2026 exploration budget funds ~32,000 m of drilling.

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Maple Gold (OTCQX: MGMLF) announced annual equity incentive awards approved by its board on April 2, 2026. The grants include 895,000 stock options at an exercise price of $2.40, 580,000 RSUs and 105,000 DSUs.

Options vest in equal tranches over 12- and 24-month periods and are exercisable for five years. RSUs vest in three equal tranches over 36 months. DSUs convert to shares or cash per the Plan; 3,680 DSUs were issued in lieu of 2025 director fees.

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Maple Gold (OTCQX: MGMLF) reported additional assay results from seven drill holes at Joutel, highlighting high-grade intercepts including 17.9 g/t Au over 3.9 m within 8.6 g/t Au over 10.4 m in the Telbel area and extensions up to 450 m beyond historic workings.

The company said the maiden Joutel mineral resource estimate remains on track for delivery in H1 2026; 48 holes (~21,800 m) are complete in the winter program with assays reported for 14 holes.

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Maple Gold (OTCQX: MGMLF) received $2,315,779.10 from the early exercise of 2,724,446 warrants by investor Michael Gentile, raising his undiluted ownership to ~8.4% from ~4.7%.

The company now reports approximately $29 million cash, no debt and ~70 million shares outstanding, supporting a fully funded 30,000-metre drill program and upcoming H1 2026 catalysts including updated mineral resource estimates.

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Maple Gold (OTCQX: MGMLF) reported initial assays from seven drill holes at Joutel showing multiple shallow, high-grade intervals including 8.5 g/t Au over 8.0 m and 7.6 g/t Au over 5.3 m. Five assays exceeded 20.0 g/t Au with a high of 40.8 g/t Au over 0.5 m. A fully funded 30,000 m Douay/Joutel program is ~57% complete and the company expects a maiden Joutel MRE in H1 2026. Technical team additions aim to accelerate resource growth.

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Maple Gold (OTCQX: MGMLF; TSXV: MGM; FSE: M3G0) appointed Dustin Isaacs as independent director and chair and Sarah Herriott as VP, Investor Relations & Corporate Development, both effective January 7, 2026.

The company also graduated to trading on the OTCQX Best Market under ticker MGMLF to improve U.S. investor visibility and liquidity. The Board approved equity incentive grants of 275,000 stock options exercisable at $2.15 per share, vesting in three equal tranches over 24 months, with a five-year exercise period. Certain directors elected to receive Deferred Share Units as part of director fees.

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Maple Gold Mines (OTCQB: MGMLF) announced results from its Annual General and Special Meeting held on November 26, 2025. All proposed resolutions were approved by voting shareholders.

Key voting outcomes: the full board slate was elected with director totals showing 99.91% to 99.06% votes in favour across nominees; appointment of auditors passed with 99.63% support. An Amended and Restated Equity Incentive Plan was approved with 89.13% FOR and 10.87% AGAINST. The report lists vote counts, withheld/abstain amounts, and a consistent non-vote tally of 2,564,267 shares for director-related items.

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Maple Gold (OTCQB: MGMLF) commenced a fully funded 30,000-meter Phase II diamond drill program at its 100%‑owned Douay (20,000 m) and Joutel (10,000 m) projects in Québec on November 19, 2025. The $10 million program uses four rigs and follows a 12,240 m Phase I campaign that intersected gold in every hole and returned multiple higher-grade intercepts (e.g., 3.05 g/t Au over 55.8 m). The company reported a cash position of approximately $20.5 million, completed equity raises of $18 million in 2025, initiated an updated Douay MRE and a maiden Joutel MRE, and granted 1,975,000 stock options at $1.38 per share.

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FAQ

What is the current stock price of Maple Gold Mines (MGMLF)?

The current stock price of Maple Gold Mines (MGMLF) is $2.25 as of May 1, 2026.

What is the market cap of Maple Gold Mines (MGMLF)?

The market cap of Maple Gold Mines (MGMLF) is approximately 157.7M.