MarketWatch.com
Drilling Intersections Include 1098g/t Ag Over 10-meters, 348g/t Ag Over 19-meters & 431g/t Ag Over 20-meters.
Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (MYA) is pleased to announce a progress update from the 2015 spring diamond drill program at its Zgounder Silver Mine in Morocco. Overall, the drill program has successfully extended high-grade silver mineralization to the east and to depth for both the parallel Main and North Zones.
The Corporation has completed a 17-hole drill campaign totaling 5,864 meters. With better than expected contractor and cost performance, Maya was able to expand the scope of the program to include four addition drill holes from the initial plan. Sulfide mineralization consisting of sphalerite, galena and pyrite was encountered in an altered sandstone unit along with quartz, sericite and chlorite and, in eight holes, native silver mineralization was also observed. Analytical work is in progress at ALS Laboratory in Seville (Spain) and, to date, 2,021 of 3,168 samples have been sent to the laboratory. Significant results received to date are highlighted below in Table 1.
