The Prospector News

MAYA intersects near surface 2508 g/t Ag over 5m as it continues to extent the mineralized structures of the Eastern Zone at its Zgounder silver mine in Morocco.

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

MAYA intersects near surface 2508 g/t Ag over 5m as it continues to extent the mineralized structures of the Eastern Zone at its Zgounder silver mine in Morocco.

 

 

 

 

 

Maya Gold & Silver Inc. (TSX: MYA) is pleased to announce that it has intersected a series of significant drill results from its ongoing 2019 reverse circulation drilling program at its Zgounder silver mine in the kingdom of Morocco. The Corporation reports assay results from 8 of the 13 Reverse Circulation (RC) drill holes, totaling 1274 meters. Other results are pending from remaining drill holes, and will be disclosed once the results are received, compiled and verified.

 

The assay results reported herein are provided in Table 1 below and include the following highlights:

 

Highlights:

 

  • 5 m at 2508 g/t Ag in the Hole RC_ZG_19_21 from 34 m to 39 m.
  • 3 m at 3439 g/t Ag in the Hole RC_ZG_19_21 from 43 m to 46 m.
  • 5 m at 2018 g/t Ag in the Hole RC_ZG_19_21 from 06 m to 11 m.
  • 4 m at 1890 g/t Ag in the Hole RC_ZG_19_21 from 64 m to 68 m.
  • 3 m at 1303 g/t Ag in the Hole RC_ZG_19_16 from 65 m to 68 m.
  • 1 m at 824 g/t Ag in the Hole RC_ZG_19_13 from 35 m to 36 m.
  • 4 m at 795 g/t Ag in the Hole RC_ZG_19_20 from 06 m to 10 m.
  • 6 m at 640 g/t Ag in the Hole RC_ZG_19_23 from 67 m to 73 m.

 

The 2019 RC program was to validate the continuity of known mineral zones and evaluate the resource potential of other zones in same setting of the easterner part of the deposit. (Figure 1 and Table 1).

 

“The RC exploration drilling program continues to deliver good positive results. It is allowing us to get detailed information on the extent of the mineralized structures (orientation and thickness) close to the surface and confirm the extension of the existing mineralized envelopes. It should increase the quality and extent of silver mineral resources within the existing pit-constrained resources highlighted in the PEA of February 5th 2018”. Said Mr. Noureddine Mokaddem, Chairman&CEO of Maya Gold & Silver.

 

Table 1: the important intervals from last assay results

 

 

Hole From (m) To (m) thickness (m) Ag ppm Pb % Zn % Cu %
RC_ZG_19_12 7 9 2 440 1,25 0,22 0,01
RC_ZG_19_13 15 19 4 300 0,19 0,51 0,02
including 17 19 2 484 0,21 0,56 0,03
RC_ZG_19_13 35 36 1 824 0,99 0,13 0,01
RC_ZG_19_21 6 11 5 2018 0,32 0,28 0,17
including 8 10 2 4130 0,63 0,33 0,21
RC_ZG_19_21 34 39 5 2508 0,13 0,4 0,04
including 35 38 3 3896 0,17 0,56 0,06
RC_ZG_19_21 43 46 3 3439 0,15 0,43 0,14
RC_ZG_19_21 64 68 4 1890 0,59 0,95 0,15
including 65 67 2 2386 0,77 0,98 0,21
RC_ZG_19_21 117 123 6 461 0,62 1,31 0,01
including 119 121 2 1038 0,62 1,24 0,01
RC_ZG_19_20 6 10 4 795 0,13 0,11 0,33
RC_ZG_19_20 40 47 7 246 0,05 0,08 0,07
including 43 44 1 1136 0,01 0,06 0,11
RC_ZG_19_20 117 122 5 374 0,25 0,42 0,01
including 118 119 1 1383 0,61 0,31 0,01
RC_ZG_19_23 67 73 6 640 0,04 0,09 0,015
including 67 70 3 1144 0,04 0,08 0,08
RC_ZG_19_25 65 68 3 391 0,64 1,16 0,4
RC_ZG_19_16 65 67 2 1905 0,27 0,6 0,02

 

The assay results are for an interval of 1 meter sample. The sample lengths reported here are between 70% and 75% of true horizontal widths. The grades herein are reported as uncapped values.

 

Figure 1: Plan view showing the RC drill holes location with their related assays showing new findings and extension with the 3D envelopes of PEA is available at the following address:

 https://www.globenewswire.com/NewsRoom/AttachmentNg/4b929d89-34a7-4440-9a17-ffd8e31d5e79 

 

The RC samples were sent to the independent laboratory Afrilab based in Marrakech (Morocco) for preparation and assaying.

 

Quality Control / Quality Assurance

 

The direction and inclination of the RC drillholes were oriented in a way to target perpendicular to mineralization. The RC samples were split at the mine site. After drying, each sample was divided in two parts using the Jones riffle separator. One part was placed in a tightly sealed plastic bag with a laboratory identification number and grouped in sealed plastic buckets which were sent to the Afrilab laboratory. The remaining material is kept for archive in the core shack.

 

At Afrilab the RC samples are crushed to have d80 passing 2mm and afterward separated with a Jones riffle splitter to have 100 grams which is pulverized to have a pulp d80 of 75 microns Multi acid digestion and Atomic Absorption reading for Cu, Pb and Zn grade determination. Fire assay is used for Ag. The standards and blanks used are in line with expected results.

 

Qualified Persons

The technical content of this news release has been reviewed by Claude Duplessis Eng., and Merouane Rachidi, P.Geo., Ph.D., from GoldMinds Geoservices Inc, independent Qualified Persons under NI 43-101 standards, based on the information’s received from Maya Gold and Silver (ZMSM subsidiary).

 

ABOUT MAYA

 

Maya Gold & Silver Inc. is a publicly-traded Canadian company focused on the operation, exploration and development of gold and silver deposits in the Kingdom of Morocco. Maya is currently operating mining and milling facilities at its Zgounder Mine, an 85%-15% joint venture between its subsidiary, ZMSM, and the ONHYM of the Kingdom of Morocco.

 

Its mining portfolio also includes the Boumadine polymetallic deposit located in the Anti-Atlas Mountains of Eastern Morocco. The property is also a joint venture with ONHYM wherein Maya retains a 85% ownership.

 

Additionally, the Corporation’s portfolio includes the Amizmiz and Azegour properties, both being 100% owned, with gold, tungsten, molybdenum and copper deposits covering over 100 square kilometres in a historical mining district of the Kingdom of Morocco.

 

Posted January 9, 2020

Share this news article

MORE or "UNCATEGORIZED"


GRAN COLOMBIA ANNOUNCES DETAILS FOR THE FORTHCOMING QUARTERLY REPAYMENT OF ITS GOLD NOTES ON JANUARY 31, 2020

Gran Colombia Gold Corp. (TSX: GCM) (OTCQX: TPRFF) announced toda... READ MORE

January 18, 2020

Carube Announces Closing of Private Placement

Carube Copper Corp. (TSX-V: CUC) announces that it has closed its... READ MORE

January 18, 2020

Azarga Uranium Files Robust PEA for Dewey Burdock Project

AZARGA URANIUM CORP. (TSX:AZZ) (OTCQB:AZZUF) (FRA:P8AA) has filed... READ MORE

January 18, 2020

IRVING RESOURCES ENCOUNTERS MORE HIGH-GRADE GOLD AND SILVER AT OMUI MINE SITE; COMMENCES DRILLING AT OMU SINTER

Irving Resources Inc. (CSE:IRV) is pleased to announce assays fro... READ MORE

January 18, 2020

Metallis Intersects Significant, Near Surface, Porphyry Copper/Gold Mineralization at the Cliff Zone on the Kirkham Property

Metallis Resources Inc.(TSX-V: MTS) (OTCQB: MTLFF) is pleas... READ MORE

January 18, 2020

Copyright 2020 The Prospector News - Site design by Spyderbaby Productions