AMN - MOROCCO: Maya begins 51,000 metres of drilling

Maya Gold & Silver is undertaking a 51,000-metre drill program at its Boumadine, Zgounder and Azegour properties in the Kingdom of Morocco. This program is being paid by its own generated funds and the company is not seeking financing for the purpose of this drill program.

The drill program is designed to target the potential extensions of mineralisation to increase the current size of the deposits and the quality of the mineral resources.

The overall drilling program includes 10,000 metres at Boumadine, 31,000 metres at Zgounder and 10,000 metres at Azegour with a total of 11 drills.

These exploration activities are being conducted by Maya's geologists and supervised by Merouane Rachidi and Claude Duplessis from GoldMinds Geoservices Inc, independent Qualified Persons under NI 43-101 standards.

Maya's chairman & CEO Noureddine Mokaddem said, "With this fully-financed exploration program we look forward to the evaluation of numerous new mineralised gold, silver, base metals and germanium zones on our properties."

At Zgounder, the objective is to increase the amount and the quality of the mineral resources near the surface and at depth.

The reverse circulation (RC) drilling program of 15,000 metres at the Eastern zone aims at increasing quality and extent of silver mineral resources within pit-constrained resources highlighted in the PEA.

An underground drill is being deployed for 6000 metres allocated on the 2000 level to drill the extensions aiming at increasing the amount and quality of the mineral resources.

The drill will also be moved at the 1975 level which was dewatered and is accessible with the new internal ramp connecting 2000 level to 1975. Dewatering is ongoing to enable access early 2020 to the 1950 level which should be followed by connection of a new ramp to the 1950-1975 levels. The water is being stored in the new tailings pond.

A surface diamond drill for the 10,000 metres is being mobilised as well to the west of the existing mine to increase knowledge and follow-up on what is believed to be Zgounder bis.

At Boumadine, the objective is to increase the amount of mineral resources near-surface as well as the quality of the gold and germanium mineralisation especially at the Imarighen and North zone identified in the PEA study. A surface drill has started and a second one is being added.

At Azegour, the objective is to allow the preparation of an NI-43-101 mineral resources in tungsten, copper and molybdenum for the scheduled PEA to be expected mid-2020.

As soon as the fencing on the surface of a hazardous historical opening is completed, the underground survey will be finished and two surface diamond drills will be mobilised.

Maya is currently operating mining and milling operations at its Zgounder Mine, an 85%-15% split ownership between its subsidiary ZMSM and the ONHYM of the Kingdom of Morocco.

Its portfolio also includes the Boumadine polymetallic deposit in the Anti-Atlas Mountains of Eastern Morocco. The property is a joint venture with ONHYM whereby Maya retains an 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

www.mayagoldsilver.com