Maple Gold Mines Ltd. reported results from drilling completed at the Douay Gold Project ("Douay") during H1/2022. Douay is held by a 50/50 joint venture (the "JV") between the Company and Agnico Eagle Mines Limited. The JV's first year of drilling focused primarily on infill and local step-out drilling, which resulted in positive conversion (21% increase) from inferred mineral resources to indicated mineral resources (SLR 2022 vs RPA 2019) and incremental mineral resource gains within the known Douay mineral resource area.

The JV's second year has focused on additional step-outs, deep drilling, and discovery targets, with the same growth-oriented approach expected in year three to better define the full extent and potential of the mineralized system at Douay. The Company has now received all assay results for 2022 drilling to-date at Douay, which included 11 drillholes plus two drillhole extensions for approximately 7,800 metres ("m"). An additional ~10,000 m of drilling has been completed at the Eagle and Telbel mine areas with assays pending.

Highlights from the H1/2022 Exploration Drilling at Douay: Ten of the twelve holes returned intercepts over 0.45 g/t Au, and seven of these returned intercepts over 1 g/t Au. Nika Zone step-out DO-22-322A intersected 9.8 g/t Au over 1 m starting from 584 m downhole, as well as multiple additional intercepts including 0.8 g/t Au over 10 m and 1.6 g/t Au over 2 m further downhole; these intercepts occur 250-600m vertically below the base of the Nika pit, with no nearby drilling. This entire interval is strongly altered and foliated and appears to confirm depth continuity of the intrusive-hydrothermal gold system at Douay.

Douay West step-out hole DO-22-324 intersected 4.1 g/t Au over 0.6 m from 505.6 m; it also returned the deepest intercept yet on the property of 1.2 g/t Au over 1.0 m at 1,139 m downhole, near end of hole, downdip of the Nika Zone, again with no nearby drilling. The Company plans to deepen this hole to about 1,500 m. Additional sediment-hosted gold showings at the NE IP Target include 3.3 g/t Au over 0.7 m from 155 m downhole and 2.2 g/t Au over 1 m from 322.7m downhole in DO-22- 328; the latter forming part of a ~200m (downhole length) altered and pyritic sedimentary interval including a distinctive fine conglomerate with red jasper fragments. This provides further support for a new gold zone 4 km to the NE of the current Douay mineral resource area, open laterally and at depth.

Central Zone area hole DO-22-326 (collared 375 m from the nearest historical hole) returned four intercepts over 1 g/t Au, with the best being 3.0 g/t Au over 1.0 m from only 67 m downhole, further showing gold potential in the sparsely drilled Taibi sedimentary domain. The NE IP Target clearly stands out as a cluster of sediment-hosted gold anomalies, including several intervals above 1 g/t Au. This is consistent with a kilometric sulfide system originally defined by geophysics, and now confirmed by drilling.

Seven holes have been drilled so far over a strike distance of approximately 1.2 km; the system is open to the WSW, ENE and to depth. Multi-element assays are pending and will provide data for additional vectoring for subsequent drilling in this area. Similarly, the current Central Zone conceptual pit only covers approximately 350 m of strike along the Casa Berardi North Fault, but known gold mineralization occurs over at least 1,400 m, open to the east and to the west.

There are several drilling gaps, notably a gap of 700-800 m to the east and about 700 m to the NW, and in general drill spacing in this area is between 100-200 m. At Nika, the 9.8 g/t Au over 1 m intercept in DO-22-322A occurs approximately 250 m below base of pit and also about 310 m below the original discovery hole. This discovery intercept, and a later even better intercept (DO-21- 282X), form the core of the Nika Zone. There is no further drilling beneath or adjacent to DO-22-322A.

Nika and the western part of the Porphyry Zone are currently interpreted to form the center of the Douay intrusive-hydrothermal gold system and upcoming deeper drilling will test for potential feeders in this area.