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Maya Gold & Silver Inc.

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Summary

Project:

Zgounder

Deposit:Zgounder
Location:Morocco
Commodities:Silver
Date:10/23/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:23-10-2017: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Zgounder deposit at the Zgounder project. Drilling results incl. 99m @ 126g/t Ag from 0m. Montréal, Québec – October 23, 2017 – Maya Gold & Silver Inc. (“Maya” or
Resources:(historic estimate only)
CP/QP:[Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.)
ABSTRACT:Montréal, Québec – October 23, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV: MYA) is pleased to announce positive diamond drill hole results from its Zgounder silver mine exploration program. "The northern sector continues to deliver good results, with very impressive results from holes 9, 10, 11 and 3 and present mineralization near and at surface. Since these results are similar to the Eastern sector reported on September 6th2017, a scenario for a long-term larger mine operation is being considered, while maintaining the development of the high grade operations. These positive intervals extend the mineralization at depth, 240 meters below the main 2000 level", said Noureddine Mokaddem, President and CEO of Maya Gold & Silver. In the same sector Hole ZG-17-11 intersected mineralization of the north zone and extend panel 9 and thereafter Corps B to 1,740m Z elevation. It also shows the displacement of the mineralized zones to the north by flat faults.

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