# Maple Gold Reports Updated Mineral Resource Estimate for the Douay/Joutel Gold Project, Québec, Including a Maiden High-Grade Underground Mineral Resource Estimate at Joutel Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/maple-gold-reports-updated-mineral-resource-estimate-for-the-douay-joutel-gold-p--449ec1b1-ae03-41fe-903f-3cce6e6dac55 Original source: https://finance.yahoo.com/markets/commodities/articles/maple-gold-reports-updated-mineral-110000969.html Publisher: yahoo\_press Original announcement: 2026-04-27T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Maple Gold Mines Ltd. - Ticker: MGM - Exchange: TSXV - Region: Québec - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Drill results - Extracted: 2026-09-19 06:10:38 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Maple Gold Mines has announced a significant update to its 2026 Mineral Resource Estimate for the Douay Gold Project in Québec. The update features a 77% increase in Indicated resources to 905,000 oz and a 70% increase in Inferred resources to 4.28 Moz, alongside a new maiden underground resource at the Joutel project. Reasoning: The announcement reports substantial growth in total project resources \(77% increase in Indicated, 70% in Inferred\) and the establishment of a maiden underground resource, representing a major de-risking and expansion event. - Positive factor: Significant tonnage growth in both Indicated and Inferred categories - Positive factor: Maiden underground resource established at Joutel - Positive factor: Strong contained gold ounce increases Facts used in scoring: 2 ## Classification and evidence **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: Total Project Indicated Resources increased 77% and Inferred increased 70%. Evidence · text > Total Project Indicated Resources Increase 77% to 905,000 Gold Ounces **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The release includes a maiden high-grade underground mineral resource estimate at Joutel. Evidence · text > Including a Maiden High-Grade Underground Mineral Resource Estimate at Joutel ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/maple-gold-reports-updated-mineral-resource-estimate-for-the-douay-joutel-gold-p--449ec1b1-ae03-41fe-903f-3cce6e6dac55#fact-resource-facts-0) Douay Gold Project · gold #### Identity - Project: Douay Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec - Ticker: MGM #### Resource scope - Estimate type: resource - Resource group id: resource:fecacd7eab7422e01a7c - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 19100000 - Grade: 1.55 - Grade Unit: g/t - Contained Metal: 905000 - Contained Unit: gold ounces #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-27T00:00:00.000Z Reasoning: Significant growth in indicated tonnage and contained ounces. - Positive factor: 77% increase in Indicated resources Evidence · text > Total Project Indicated Resources Increase 77% to 905,000 Gold Ounces \(19.1 Mt at 1.55 g/t Au\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/maple-gold-reports-updated-mineral-resource-estimate-for-the-douay-joutel-gold-p--449ec1b1-ae03-41fe-903f-3cce6e6dac55#fact-resource-facts-1) Douay Gold Project · gold #### Identity - Project: Douay Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec - Ticker: MGM #### Resource scope - Estimate type: resource - Resource group id: resource:9e38dcd0ba0a103e71a2 - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 130200000 - Grade: 0.88 - Grade Unit: g/t - Contained Metal: 4279000 - Contained Unit: gold ounces #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-27T00:00:00.000Z Reasoning: Substantial expansion of the inferred resource base. - Positive factor: 70% increase in Inferred resources Evidence · text > Total Project Inferred Resources Increase 70% to 4,279,000 Gold Ounces \(130.2 Mt at 0.88 g/t Au\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.