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Maya Gold & Silver Inc.
Summary
| Project: | Zgounder | |
|---|---|---|
| Deposit: | Zgounder | |
| Location: | Morocco | |
| Commodities: | Silver | |
| Date: | 12/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-12-2017: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Zgounder deposit at the Zgounder project. Drilling results incl. 18m @ 163g/t Ag from 0m. Montréal, Québec- December 4, 2017 – Maya Gold & Silver Inc. (“Maya” or th | |
| Resources: | (historic estimate only) | |
| CP/QP: | [Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.) | |
| ABSTRACT: | Montréal, Québec- December 4, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV: MYA) is pleased to provide the first results of its surface percussion drilling program to drill test the extent of the northern silver mineralization at the surface. The program announced on July 6, 2017 was delayed due to the prolonged shortage of equipment needed for this surface operation. Highlights: + 4 meters at 469 g/t Ag within 18m at 163 g/t Ag in T28-17-27, including 1,032 g/t Ag on 1.2m + 8 meters at 202 g/t Ag within 19 meters at 136 g/t Ag in T28-17-17, including 670 g/t Ag on 1.2m *The true widths of the drill hole intersections is 90-95% of the disclosed interception length. “In line with our objective of publishing an updated of mineral resources and PEA by the end of the year, the cut-off date for the last analytical results of this surface percussion drilling program has been fixed to December 1st 2017. The other analytical results will be integrated in 2018. This continuous drilling at Zgounder is part of our mine development strategy. Surface diamond drilling, underground diamond drilling as well as surface a RC drill program is being prepared with our team and an independent consultant””, said Noureddine Mokaddem, President and CEO of Maya. Three out of the first six holes intersected silver mineralization of interest (above 50 g/t Ag). Click here for the table that presents the hole parameters. Hole 13 intersected 2,4m at 55 g/t Ag, hole 14 intersected grades in the 15 g/t Ag range, hole 25 intersected 9,4m at 30 g/t and hole 26 intersected 6 m at 20 g/t Ag. | |
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