Vancouver - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ('Maple Gold' or the 'Company') is pleased to report that a 10,000-metre winter drilling campaign has been completed at the Douay Gold Project in Quebec, Canada, which is held by a 50/50 joint venture (the 'JV') between the Company and Agnico Eagle Mines Limited.

The Company has also received and interpreted initial assay results from the first drill hole of the campaign, which was an infill hole drilled on the eastern side of the Douay West ('DW') Zone and the first hole to be drilled at the zone since 2017.

Fred Speidel, VP Exploration of Maple Gold, stated: 'These latest results not only confirm the continuity of higher-grade, near-surface mineralization at the DW Zone, but more importantly support the interpretation of the presence of a further, lower zone of mineralization at or below the current conceptual pit floor. This lower zone is interpreted to form part of a separate mineralized trend that remains open in multiple directions, including to the east-southeast where further step-out drilling may target resource additions and historical drilling remains widely spaced.'

Matthew Hornor, President and CEO of Maple Gold, stated: 'We are pleased to have achieved the JV's original target of approximately 10,000 metres during this winter drill campaign despite COVID- and weather-related challenges, and to have the first drill hole return such promising results. Our winter campaign was designed in close collaboration with our JV partner with the aim of expanding resources at Douay and we anticipate seeing more positive results from the program in the weeks to come.'

About Maple Gold

Maple Gold Mines Ltd. is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Limited to jointly advance the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. The projects benefits from exceptional infrastructure access and boasts 400 km2 of highly prospective ground including an established gold resource (RPA 2019) that holds significant expansion potential as well as the past-producing Telbel mine.

The property also hosts a significant number of regional exploration targets along a 55 km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the project ripe for new gold and polymetallic discoveries. The Company is well capitalized and is currently focused on carrying out exploration and drill programs to grow resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.

Contact:

Shirley Anthony

Tel: 778.999.2771

Email: santhony@maplegoldmines.com

Forward Looking Statements

This press release contains 'forward-looking information' and 'forward-looking statements' (collectively referred to as 'forward-looking statements') within the meaning of applicable Canadian securities legislation in Canada, including statements about exploration work and results from current and future work programs. Forward-looking statements are based on assumptions, uncertainties and management's best estimate of future events. Actual events or results could differ materially from the Company's expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Maple Gold Mines Ltd.'s filings with Canadian securities regulators available on www.sedar.com or the Company's website at www.maplegoldmines.com. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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