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Maya Gold & Silver Inc.
Summary
| Project: | Zgounder | |
|---|---|---|
| Deposit: | Zgounder | |
| Location: | Morocco | |
| Commodities: | Silver | |
| Date: | 7/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 19-7-2017: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Zgounder deposit at the Zgounder project. JV - Drilling results incl. 3.6m @ 907g/t Ag. Montréal, Québec- July 19, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Co | |
| Resources: | (historic estimate only) | |
| CP/QP: | [Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.) | |
| ABSTRACT: | Montréal, Québec- July 19, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV: MYA) is pleased to announce the just received and compiled adjacent intersections to the highest intersection ever drilled by Maya since it took 85% ownership of the Zgounder property in Morocco. Hole 2000-T28-17-120 drilled to the North West has intersected 907 g/t Ag over 3.6m including 1431 g/t Ag over 1.2m and appears to be part of an individual structure in Panel 8. In the same sector holes 2000-T28-17-119, 120,121 and 122 did not intersect high grades silver. It is our understanding that hole 2000-T28-17-124 has intersected a junction of mineralized structures as shown on the attached map. An East-West with a North-South and a flat structure. We still cannot pinpoint the exact size of the Jewelry of the 51.6 kg/t Ag (independent 5.5% Ag/t) as we need to drill an additional hole to the East. In precious metal mines, there are high grade zones which are considered jewelries as they are so rich they require special attention and care in their mining and processing. These zones are usually less affected by the commodity price and assist in supporting the mine’s economic. Uncut Ag results. Length are drill length, additional drilling is required to define the exact geometry of this irregular shape of high-grade, true widths are believed to be 70 to 95% of the length intersections. These percussion drillholes are collared in a manway at elevation 2016mZ in the north sector within Panel 8. The attached map shows the percussion holes and the drift perimetres at the 2000 level in black and mineralization outline in red and green. It is important to mention that 60metres of virgin ground exist above these intersections prior to contact with surface and zone is open at depth | |
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