Maple Gold Mines president and CEO Matthew Hornor has extensive experience in structuring and negotiating strategic partnerships and capital raising. Credit: Henry Lazenby
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is building exploration momentum at its flagship Douay and Joutel projects in Quebec’s Abitibi gold belt, where it is working with Agnico EagleMines (TSX: AEM; NYSE: AEM) in a 50-50 joint venture to jointly unlock their regional potential.
On February 2, Maple Gold Mines and Agnico Eagle signed a joint venture agreement under which the parties formed a 50-50 joint-venture that incorporates Maple Gold’s Douay gold project and Agnico’s Joutel gold project into a consolidated property package. The Douay and Joutel projects, the latter hosting Agnico’s past-producing Telbel mine, are contiguous properties located in the James Bay subregion of Northern Quebec.
