Video News/Xplor 2025
Maple Gold mines raises $18M as quality juniors draw new capital
Maple Gold Mines (TSXV: MGM; OTCQB: MGMLF) President and CEO Kiran Patankar speaks with Kitco Mining’s Ernest Hoffman at Xplor 2025 in Montreal about the company’s strong financing momentum and outlook for the gold cycle. “The correction that we saw last week I think, is probably healthy, given the fact that we saw such a steep runup,” Patankar said. “Most of the shareholders that we've talked to continue to be constructive on where the gold price is going.” Patankar says disciplined, quality-focused companies will benefit as generalist investors return to the gold sector. Maple has raised $18 million in recent financings backed by Agnico Eagle, Michael Gentile, and a leading U.S. fund. With a 30,000-meter winter drill program underway, a resource update in progress, and a potential PEA by mid-2026, Patankar says Maple is fully funded and positioned for growth as the next leg of the gold cycle unfolds.
Guests: Kiran Patankar
Source: Kitco Mining
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