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Project: | Zgounder | |
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Deposit: | Zgounder | |
Location: | Morocco | |
Commodities: | Silver | |
Date: | 12/12/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 12-12-2017: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Zgounder deposit at the Zgounder project. Drilling results incl. 3m @ 4874g/t Ag from 627.5m. Montréal, Québec – December 12, 2017 – Maya Gold & Silver Inc. (“Maya | |
Resources: | (historic estimate only) | |
CP/QP: | [Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.) | |
ABSTRACT: | Montréal, Québec – December 12, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV: MYA) is pleased to announce the analytical results of one of its Zgounder Property’s major silver structures near the rhyolite contact to the south, demonstrating extension of mineralization at depth. As previously announced on October 30th 2017, the diamond drill hole ZG-17-16 drilled in HQ core shows the extension of silver mineralization to new depths, and the analytical results present several important intersections of silver. “These assay results are very important as, for the first time, they show rich mineralization at such a depth that was never reached before. The continuity of the exploited zones at level 2000 is demonstrated and further deepened by more than 500m deep from the surface. The deposit is taking a whole new dimension with this very rich mineralized extension,” said Noureddine Mokaddem, President and CEO of Maya. The native silver in the core within the sediments is present at 630m core length over a minimum of 3m and is disseminated as well in other portions with sulfides. An altered granite contact has been intersected at 653m along the hole. This hole is the deepest ever drilled at Zgounder, up to 684m (1,613mZ elevation). The hole is drilled at N232 with an inclination of -51 in HQ core diameter. | |
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