Maple Gold Mines
Maple Gold Mines is a pre-revenue Canadian gold exploration company advancing its 100%-owned, 481 km2 Douay/Joutel Gold Project in Quebec's Abitibi Greenstone Belt, hosting 905,000 oz Au Indicated and 4,279,000 oz Au Inferred, funded by equity financings and strategic investor Agnico Eagle (~19.9% stake).
- Company typePublic
- Founded2016
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Maple Gold Mines does
Maple Gold Mines Ltd. is a Canadian pre-revenue gold exploration company headquartered in Vancouver, British Columbia, listed on the TSX Venture Exchange (TSXV: MGM), OTCQB (MGMLF), and the Frankfurt Stock Exchange (FSE: M3G). The company holds 100% ownership of the district-scale Douay/Joutel Gold Project in Quebec's Abitibi Greenstone Belt, covering approximately 481 km2 along 55 km of strike length of the Casa Berardi Deformation Zone. The project includes the Douay deposit (with multiple zones such as Nika, Porphyry, 531, Douay West, and Main Zone) and the Joutel project, which contains the past-producing Eagle, Telbel, and Eagle West mines that collectively produced 1.1 million ounces of gold at an average grade of 6.5 g/t Au between 1974 and 1993.
The company's core technology stack consists of diamond drilling, 3D geological and structural modeling, and modern Induced Polarization geophysical surveys using OreVision technology for deep sulphide system detection. As of the April 2026 Mineral Resource Estimate (SLR), the project hosts 905,000 oz Au Indicated (19.1 Mt at 1.48 g/t Au) and 4,279,000 oz Au Inferred (130.2 Mt at 1.03 g/t Au), with a stated 5Moz growth target. The company also holds an exclusive option to acquire 100% of the Eagle Mine Property and additional exploration projects (Morris, PAT).
Maple Gold funds operations entirely through equity financings — including private placements, flow-through share offerings, and brokered LIFE offerings — and strategic investor support. Agnico Eagle Mines Limited, Canada's largest gold producer, holds approximately 19.9% of shares following a June 2024 strategic investment, and significant shareholder Michael Gentile holds approximately 8.4% as of March 2026. The company has raised over C$30 million in 2025-2026 and held approximately C$29 million in cash with no debt as of March 2026, funding a fully-backed 32,000-metre winter drill program. Revenue is not generated today; the business model contemplates future gold sales upon commencement of mining operations, with the current value proposition centered on resource expansion and derisking the asset toward a development or transaction decision.
Maple Gold Mines firmographics
Firmographics- Name
- Maple Gold Mines
- Legal name
- Maple Gold Mines Ltd.
- Website
- https://maplegoldmines.com
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Maple Gold Mines is a pre-revenue Canadian gold exploration company advancing its 100%-owned, 481 km2 Douay/Joutel Gold Project in Quebec's Abitibi Greenstone Belt, hosting 905,000 oz Au Indicated and 4,279,000 oz Au Inferred, funded by equity financings and strategic investor Agnico Eagle (~19.9% stake).
- Ownership category
- akta.pro rank
Maple Gold Mines industry classification
Industry- Product category
- Gold Exploration and Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
Keywords
Where Maple Gold Mines is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Maple Gold Mines business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales
Revenue model
- Pre-Revenue Exploration Stage: Maple Gold is a pre-revenue gold exploration company. The company does not generate revenue from mining operations. It funds operations through equity financings, private placements, flow-through share offerings, and investments from strategic partners. The company is focused on advancing its Douay/Joutel Gold Project toward production, at which point it would generate revenue from gold sales.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Maple Gold Mines product offering
Product offeringCore offering
Maple Gold Mines Ltd. is a Canadian gold exploration company advancing its 100%-owned Douay/Joutel Gold Project in Quebec's Abitibi Greenstone Belt. The company conducts diamond drilling, geological modeling, and mineral resource estimation activities on approximately 481 km2 of prospective ground, targeting multi-million-ounce gold resource growth. The company is pre-revenue and funds exploration through equity financings and strategic investor support, with future revenue expected from gold sales.
Product overview
Maple Gold Mines Ltd. is a Canadian gold exploration company offering a portfolio of exploration projects focused on gold resource discovery and development. The company's flagship offering is its 100%-owned Douay/Joutel Gold Project, a district-scale exploration opportunity spanning approximately 481 km2 in Quebec's prolific Abitibi Greenstone Belt. This project combines the Douay Gold Project (open-pit and underground resources across multiple zones) and the Joutel Gold Project (featuring past-producing mines with established high-grade underground resources). The company also holds an exclusive option to acquire 100% of the Eagle Mine Property, a key component of the historical Joutel Mining Complex. Additional exploration projects include Morris and PAT. The portfolio targets gold and volcanogenic massive sulphide (VMS) discoveries along a 55-kilometer strike length of the Casa Berardi Deformation Zone.
Differentiator
Problem solved
Functional benefit
Products and services
- Douay Gold Project A 100%-owned district-scale gold exploration project located in Quebec's Abitibi Greenstone Belt along the Casa Berardi Deformation Zone. The project covers approximately 481 km2 and hosts established mineral resources with significant expansion potential, including multiple mineralized zones (Nika, Porphyry, 531, Douay West, Main Zone, Central Zone, North West, Zone 10, Zone 20). It is Maple Gold's flagship project and is targeted for investors and future gold production.
- Joutel Gold Project A 100%-owned gold exploration project featuring the past-producing Eagle, Telbel and Eagle West mines that collectively produced 1.1 million ounces of gold between 1974 and 1993. The project includes a maiden high-grade underground resource established in 2026.
- Eagle Mine Property
- Morris Project An exploration project within Maple Gold's property portfolio in Quebec.
- PAT Project An exploration project within Maple Gold's property portfolio in Quebec.
Companies that use Maple Gold Mines
Customer profileSegments3 records
Ideal customer profiles3 records
Maple Gold Mines technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Maple Gold Mines partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Canaccord Genuity Corp.minorCanaccord Genuity Corp. acted as lead agent for Maple Gold's brokered private placement of flow-through shares, raising up to $12 million. The investment bank facilitates access to institutional investors and manages the distribution of securities offerings.
- Agnico Eagle Mines Limited - Douay/Joutel Joint VenturecoreFollowing the corporate restructuring in 2024, Maple Gold now holds 100% ownership of the Douay Gold Project while maintaining strategic alignment with Agnico Eagle. The companies have agreements related to the Douay and Joutel Gold Projects, with Agnico Eagle holding the right to maintain pro rata ownership through an investor rights agreement.
Scale indicators15 records
Recent moves6 records
Expansion highlights5 records
Maple Gold Mines competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Maple Gold Mines social profiles
Digital presenceMaple Gold Mines financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maple Gold Mines leadership team
Management profileNumber of profiles
Profiles8 records
Maple Gold Mines funding detail
Funding detailFunding overview
Funding rounds15 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maple Gold Mines M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Maple Gold Mines
What does Maple Gold Mines do?
Maple Gold Mines Ltd. is a Canadian gold exploration company advancing its 100%-owned Douay/Joutel Gold Project in Quebec's Abitibi Greenstone Belt. The company conducts diamond drilling, geological modeling, and mineral resource estimation activities on approximately 481 km2 of prospective ground, targeting multi-million-ounce gold resource growth. The company is pre-revenue and funds exploration through equity financings and strategic investor support, with future revenue expected from gold sales.
Is Maple Gold Mines a public or private company?
Maple Gold Mines is a public company. It is classified as public and is currently operating.
When was Maple Gold Mines founded?
Maple Gold Mines was founded in 2016. It employs 11 to 50 people.
Where is Maple Gold Mines based?
Maple Gold Mines is headquartered in Toronto, Canada, in the North America region.
How does Maple Gold Mines make money?
One revenue line is on record: pre-Revenue Exploration Stage.
Does Maple Gold Mines have an API?
No public API is recorded for Maple Gold Mines.
What industry is Maple Gold Mines in?
Maple Gold Mines's product category is Gold Exploration and Mining. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 212220 and its SIC code is 1040.