Zgounder Silver Mine Produces Monthly Record of 54,013 ounces Ag in May 2017
(firmenpresse) - BLAINVILLE, QUEBEC -- (Marketwired) -- 06/13/17 -- Maya Gold & Silver ("Maya" or the "Corporation") (TSX VENTURE: MYA) is pleased to report a monthly record production of 54,013 ounces (1,680 Kg) of silver during the month of May 2017 at its Zgounder silver mine in Morocco.
March 2017 Production Highlights
Operational Highlights
Development highlights at the Zgounder Mine
During the month of May 2017, underground exploration and development consisted of 1,194 metres of percussion drilling in four mine workings. Highlights of the work completed are:
Qualified Persons
The technical content of this news release has been provided by Zgounder Millenium Silver Mining and has been reviewed and approved by Michel Boily, PhD, geo from GEON; an independent Qualified Person under NI 43-101 standards.
ABOUT MAYA
Maya Gold & Silver Inc. is a Canadian publicly 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 owned by Zgounder Millenium Silver Mining, a Maya 85% owned joint venture with l''Office National des Hydrocarbures et des Mines of the Kingdom of Morocco (15%).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Zgounder Silver Mine
The decision to commence production at the Zgounder Silver Mine was not based on a feasibility study of mineral reserves demonstrating economic and technical viability, but rather on a pre-feasibility study. Accordingly, there is increased uncertainty and economic and technical risks of failure associated with this production decision. Production and economic variables may vary considerably, due to the absence of a complete and detailed site analysis according to and in accordance with NI 43-101.
Forward-looking statements
This news release contains statements about our future business and planned activities. These are "forward-looking" because we have used what we know and expect today to make a statement about the future. Forward-looking statements including but are not limited to comments regarding the timing and content of upcoming work and analyses. Forward-looking statements usually include words such as may, intend, plan, expect, anticipate, and believe or other similar words. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this news release. You should not place undue reliance on forward-looking statements. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations.
Contacts:
Maya Gold & Silver Inc.:
R Martin Wong CPA CA
Interim Chief Executive Officer
450-435-0700
Maya Gold & Silver Inc.:
Noureddine Mokaddem
President
450-435-0700
Maya Gold & Silver Inc.:
Nathalie Dion
Investor Relations
450-435-0700 ext. 202
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Datum: 13.06.2017 - 06:21 Uhr
Sprache: Deutsch
News-ID 1508807
Anzahl Zeichen: 3288
contact information:
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BLAINVILLE, QUEBEC
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Mining & Metals
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