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Maya Gold & Silver Inc.
Summary
| Project: | Boumadine | |
|---|---|---|
| Deposit: | Boumadine | |
| Location: | Morocco | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 2/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-2-2019: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Boumadine deposit at the Boumadine project. Drilling results incl. 28m @ 8.35g/t Au, 112.0g/t Ag, 0.36% Pb, 1.48% Zn from 153.0m. Montreal, Québec- February 25, 201 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Claude Duplessis, Merouane Rachidi (GoldMinds Geoservices Inc.) | |
| ABSTRACT: | Montreal, Québec- February 25, 2019 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSX: MYA) is pleased to announce the compilation of results from its diamond drilling program, drilling on the tailings and surface sampling at Boumadine property. The core samples were assayed for multi-element and important grades of Germanium were discovered during the analysis. It appears Germanium is not evenly distributed in all sectors and it may be related to zoning within mineralized zones associated to sphalerite (Zn) and other sulfides. Additional work is being done in order take the Germanium values into account in the mineral resources. Assays range from below detection limit 20 ppm with a maximum of 497ppm Ge in 1.5m sample. With these positive results, Maya took the decision to postpone the publication of the PEA on Boumadine. The Corporation started an additional diamond drilling program at the North and Imariren Zones. An additional 37 holes were drilled totalling 1840 meters. This additional drilling program aims to better understand the distribution of precious metals and to explore the vertical extensions of these exposed mineralized structures. Complete drill results of this campaign are pending and will be disclosed once received, compiled and verified. This will allow Maya to integrate all data collected and produce the first NI 43-101 mineral resources estimate on Boumadine including the Imariren and North zones. | |
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