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Maya Gold & Silver Inc.
Summary
| Project: | Boumadine | |
|---|---|---|
| Deposit: | Boumadine | |
| Location: | Morocco | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 6/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-6-2018: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Boumadine deposit at the Boumadine project. Drilling results incl. 28m @ 4.91g/t Au, 140.0g/t Ag, 0.18% Cu, 0.41% Pb, 1.7% Zn from 153.0m. Montreal, Québec- June 25 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.) | |
| ABSTRACT: | Montreal, Québec- June 25, 2018 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV: MYA) is pleased to announce that it has received the first results from its diamond drilling program at its Boumadine property. The drilling consisted of testing the known mineralization and confirming historical results as requested by the Qualified Person (“QP”) in connection with the finalization of the Preliminary Economic Assessment. “These positive assay results are very important for the first time since acquisition, they show particularly rich mineralization at Boumadine. The continuity and quality of the mineralization is demonstrated in the Central zone. With this confirmed high-grade mineralization we continue to increase our near-surface high-grade footprint in the district. As well, the depth potential of Boumadine has never been significantly tested in the past and represents a great opportunity for Maya,” said Noureddine Mokaddem, Founder, President and CEO of Maya Gold & Silver. The intersection is from diamond drill hole B-17-04 which was sampled by GoldMinds QPs during site visit and assayed at AGAT Laboratory in Ontario, Canada. The samples are a ¼ core while the other ½ was sent to ADM laboratory in Morocco and the other ¼ kept as witness core at the site. The placement of the drilling holes was selected to verify that the historical resource panel was still in place and that the grade was in line with the historical disclosure. All the scheduled holes intersect the sulfide mineralization which is today still in place. The results are partial and represent a first set of data received from ADM & AGAT, both independent laboratories. | |
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