Monday, December 23

Maya Gold & Silver Updates Development of Properties in Morocco

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by MidnightTrader.com Staff from Midnight Trader in Investing,Commodities

Maya Gold & Silver Inc. (MYA.V) today released a mid-year summary of exploration and development work at its Morocco properties. The company has been active in developing its flagship project, the Zgounder Mine.

Maya has completed the overhaul of the access road leading to the mine and the mine site has been cleaned up and level 2000 (the main gallery) has been re-opened.

In addition, the company has restored and upgraded the mine’s camp which will shortly accommodate up to 160 employees.

Maya has recruited key personnel for the project and will soon set up a drill rig.

MYA shares were up a penny to $0.215, close to day highs of $0.22.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Read more:http://community.nasdaq.com/News/2012-08/maya-gold-silver-updates-development-of-properties-in-morocco.aspx?storyid=166463#ixzz24VHVA6O3

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