Maple Gold hires CGI for AI study at Douay

2020-07-07 08:26 ET – News Release

Mr. Matthew Hornor reports

MAPLE GOLD APPLIES MACHINE LEARNING FOR HIGH-GRADE GOLD TARGETING AT DOUAY

Maple Gold Mines Ltd. has engaged Computational Geosciences Inc. (CGI) to complete a new and expanded artificial intelligence study for targeting high-grade gold at Douay. This study will use all available digital datasets within a 128km Superscript 2 area centered on the resource area (Fig. 1) in order to generate gold prospectivity maps and provide additional target areas to validate and rank in advance of the Company’s next phase of drilling later this year.

AI studies, as applied to Mineral Exploration, involve the application of automated mathematical models (intelligent algorithms) to data-rich environments in order to allow recognition of subtle features or patterns in the data that are not always evident to the human eye. CGI will be employing their proprietary VNet segmentation deep learning algorithm to help the Company’s targeting efforts.

The Company believes that the quality of its databases, together with CGI’s rigorous methodology and built-in interaction with the Company’s geologists at all stages of the process, will result in a high quality product that will allow for the definition of additional new drill targets.

Maple Gold’s President and CEO, Matthew Hornor, commented: “Our team is excited to collaborate with CGI, a group we are very familiar with given their strategic partnerships with the Ivanhoe group of companies. The last time any machine learning was applied at Douay was limited and more than a decade ago. There is significantly more project data now, with more sophisticated algorithms and increased computing power on the processing side. We are excited to complete this exercise in parallel with our IP program as we refine and detail top priority discovery targets in advance of our planned drilling in late Q3 or early Q4.”

About Maple Gold

Maple Gold is an advanced gold exploration and development company focused on defining a district-scale gold project in one of the world’s premier mining jurisdictions. The Company’s ~355 km Superscript 2 Douay Gold Project is located along the Casa Berardi Deformation Zone (55 km of strike) within the prolific Abitibi Greenstone Belt in northern Quebec, Canada. The Project benefits from excellent infrastructure and has an established gold resource that remains open in multiple directions. For more information please visit http://www.maplegoldmines.com.

Qualified Person

The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Fred Speidel, M. Sc., P. Geo., Vice-President Exploration, of Maple Gold. Mr. Speidel is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information disclosed in this news release through his direct participation in the work. For a complete description of protocols, please visit the Company’s QA/QC page on the website at: http://maplegoldmines.com/index.php/e n/projects/qa-qc-qp-statement.

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