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Maya Gold & Silver Inc.

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Summary

Project:

Zgounder

Deposit:Zgounder
Location:Morocco
Commodities:Silver-Lead-Zinc-Copper
Date:10/7/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:7-10-2019: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Zgounder deposit at the Zgounder project. Drilling results incl. 8m @ 3464.00ppm Ag, 0.18% Pb, 0.60% Zn, 0.02% Cu from 141m. Montreal, Québec- October 07, 2019 – Ma
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Claude Duplessis, Merouane Rachidi (GoldMinds Geoservices Inc.)
ABSTRACT:Montreal, Québec- October 07, 2019 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSX: MYA) is pleased to announce the preliminary results from its on-going reverse circulation (RC) drilling program and trenching program at Zgounder property. The current reverse circulation drilling program consists of 28 drill-holes, totalling 3035 meters drilled from the surface at the eastern zone of the Zgounder property. The RC drilling campaign aims to provide a better understanding of the distribution of the mineralized structures (orientation and thickness) and to explore the vertical extensions of the exposed mineralized structures. The preliminary results confirm the good continuity of the known mineralized envelopes and new occurrences hosted in the same major E-W structures. The full RC drilling results of this campaign are pending, they will be disclosed once received, compiled and verified. This should allow the company to integrate the whole data and to refine the quality of the in-pit constrained mineral resource estimate. With these encouraging preliminary results at the surface, Maya Gold and Silver expects to be in the position to initiate an underground diamond drilling program to explore the vertical extensions of the mineralization the western and the central part of the Zgounder silver mine.

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