Maya Gold & Silver Inc. (“Maya” or the “Corporation”) announced the second silver pouring of the Zgounder Silver Mine. Zgounder Millenium Silver Mining (“ZMSM”), the 85% owned joint venture with l’Office National des Hydrocarbures et des Mines (“ONHYM”) of the Kingdom of Morocco (15%) produced 483.92 kilos (15,434 ounces) of silver from 42 ingots grading an average of 99.6% Ag. The ingots were poured on September 10 at the Zgounder Silver Mine in Morocco.
“We remain focused on the ramping up of Zgounder, dedicated to Morocco and committed to maximize shareholders return” stated Guy Goulet, Chief Executive Officer.
Highlights :
The pouring is the result of 17 days of operation with mineralized material from “ancient stockpiles” on hand and underground material;
2,576 tonnes were processed with an overall average grade of 230.5 g/t Ag recalculated head grade from metallurgical balance at the mill;
Mill silver metal recovery achieved: 87%;
Average of silver grade of the 42 ingots from the on-site laboratory is 99.6% Ag.
Qualified Persons
The technical content of this news release has been provided by Zgounder Millenium Silver Mining and has been reviewed by Claude Duplessis from Goldminds Geoservices: independent Qualified Person under NI 43-101 standards.
ABOUT MAYA
Maya Gold & Silver Inc. is a Canadian listed mining corporation focused on the exploration and development of gold and silver deposits in Morocco. Maya is initiating mining and milling operations at its Zgounder Mine.
For further information on Maya, visitwww.mayagoldsilver.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Source: http://www.mayagoldsilver.com/
