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Maya Gold & Silver Inc.
Summary
| Project: | Zgounder | |
|---|---|---|
| Deposit: | Zgounder | |
| Location: | Morocco | |
| Commodities: | Silver | |
| Date: | 8/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 9-8-2017: Maya Gold & Silver Inc. announces an Exploration/Drilling Update report for its Zgounder deposit at the Zgounder project. JV - Drilling results incl. 9m @ 1314g/t Ag from 12m. Montréal, Québec-August 2, 2017 – Maya Gold & Silver Inc. (“Maya” or | |
| Resources: | (historic estimate only) | |
| CP/QP: | [Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.) | |
| ABSTRACT: | Montréal, Québec-August 2, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV: MYA) is pleased to announce partial results of diamond drill hole prepared and assayed at the independent laboratory Analyse Development Minier S.A.R.L. based in Marrakech. Uncut Ag results. Length are drill length, additional drilling will be needed to establish the exact geometry of this new zone to the East, true widths are believed to be 70% of the length intersections. Other results have been received from laboratory, once compiled and validated they will be disclosed. Furthermore, the Corporation has received an IOS Services Geoscientific certificate on the mineral identification of the reddish crystalline mineral (red silver literally named Ruby Silver Ore) Proustite Ag3AsS3. This mineral is observed in the cores as well as in underground faces and drifts occasionally. A sample was taken by Goldminds and brought to Canada for identification by Scanning Electron Microscopy (SEM/MEB) at IOS mineralogical facilities in Saguenay Quebec. "The discovery of a new zone to the East near surface with respectable silver grades is very positive for us. Further work will be required to determine the full extent of this new zone. This discovery illustrates the continued success of our exploration program and the potential that still exists to enhance and extend the life of the Zgounder mine. Furthermore, the official identification of the Proustite Ag3AsS3 also gives us comfort as it has been identified in various core holes drilled to date by our geologist. We are looking forward receiving additional results in the coming weeks" said Noureddine Mokaddem, CEO & President of Maya Gold & Silver. | |
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