AMN - MOROCCO: Maya continues silver mine development

Underground exploration and development continues at Maya Gold & Silver’s Zgounder Millenium silver mine in Morocco. During February underground exploration and development consisted of 351 metres of percussion drilling in seven mine workings.

Percussion drilling has been carried out at the 2030 level on three separated drifts. Panel 1 was extended in the western zone of level 2100.

The mineralization lies at the contact of the dolerite dyke and Neoproterozoic metasediments and at the intersection of east-west and north-south-oriented structures. The mineralization consists of disseminated sulphides (sphalerite, galena and pyrite) accompanied by trace amounts of native silver within fractures and quartz veinlets.

A percussion drilling program is set to confirm the extension of the mineralization. Other percussion drill holes have confirmed the presence of silver mineralization at the 2006 level.

Maya has been informed by the supplier of completion of the flotation cell units. Maya’s engineering and technical representatives have inspected the cells and given their approval of the completed work. The basic engineering and infrastructures related to the installation of the cell units at the Zgounder mine are completed and ready.

The flotation cells were packed into shipping containers and the equipment is being transported to the Zgounder Millenium site in the Anti-Atlas Mountains of central Morocco. Management expects the equipment to arrive on site during April, anticipates the cells will be assembled, undergo testing, design basis and optimization during the year, and be commissioned before year-end.

The management expects the flotation cells, once integrated to the processing circuit will increase the tonnage of the ore processed from 187 t/d to up to 500 t/d.

Maya Gold & Silver 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 (ZMSM), a Maya 85%-owned joint venture with l'Office National des Hydrocarbures et des Mines(ONHYM) of the Kingdom of Morocco (15%).

www.mayagoldsilver.com

News courtesy of International Mining