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Transaction Announcement Reports
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Project: | Zgounder | |
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Deposit: | Zgounder | |
Location: | Morocco | |
Commodities: | Silver | |
Date: | 6/21/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 21-6-2017: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Zgounder deposit at the Zgounder project. Reassay results incl. 20.4m @ 969g/t Ag. Blainville, Québec- June 21, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Corpo | |
Resources: | (historic estimate only) | |
CP/QP: | [Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.) | |
ABSTRACT: | Blainville, Québec- June 21, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV: MYA) is pleased to announce results supported by QP independent sampling of 3 samples of entire 1m length witness core report silver with grades of 53, 111 and 337 g/t Ag. This shows the discovery of an extension of a new zone to the East. The above numbers are an average of 3 individual 15 grams Fire assay from Fan diamond drill hole ZG-EXT6-17-S2 & S4. For the Eastern portion of property, a decision has been made to analyse the mineralized zones log as mineralized by Fire assay while the remaining will use the existing mine laboratory procedure. Moreover, additional preparation equipment is scheduled to be put in place next week including a new crusher and grinder to increase the performance. Additional information will be provided once received, validated, and compiled. “In conclusion the confirmation of a new zone to the East, open the sector for additional drilling to develop a mineral resource once analytical results are all received as actually, drilling has been suspended on that new zone and extension. Also, the independent sampling and analysis at Bourlamaque Laboratory in Val d’Or Canada clearly shows laboratory results at the Zgounder laboratory facilities are still reliable and reproducible in the main portion of the mine extension while the new zone in the Eastern portion requires analysis by Fire assay due to the presence of Native silver in fractures which gets coated by silver Hydroxide while attacked by Chloridric acid” said Claude Duplessis P.Eng., Independent QP for Maya. | |
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