Maya Gold & Silver Inc. is pleased to announce the results of operations and activities for the year ended December 31, 2019. All amounts are in US dollars unless otherwise stated. 2019 Highlights: The start of commercial production at the Zgounder Mine on January 1, 2019; Total silver production reached 452,416 ounces compared to 258,469 ounces in 2018; Revenue from silver sales was $6,081,400; Cash flows from operations [...]
Maya Gold & Silver is pleased to announce significant diamond drill holes and reverse circulation drill holes results of its 2020 drilling program at its Zgounder silver mine in the kingdom of Morocco. The Company reports the final pending assay results from the last drilling program comprised of eight DDH totaling 2,033.9m and 32 RC holes totaling 3,611m all drilled from the surface. These results relate to five DDH [...]
Maya Gold & Silver provided an update with respect to filing of its annual financial statements, management's discussion and analysis and annual information form for the year ended December 31, 2019. The Corporation is providing this update in accordance with Decision No 2020-PDG-0023 of the Autorit? des march?s financiers. The Corporation intends to file the 2019 annual documents by the deadline of May 14, 2020. The [...]
Maya Gold & Silver announces that Noureddine Mokaddem Chairman, President and Chief Executive Officer, is retiring and stepping down as Chairman, President and CEO of the Corporation. Mr. Mokaddem will remain on the Board of Directors of the Corporation. Concurrently, Mr. Benoit La Salle FCPA, CPA has been appointed by the Board of Directors as President and Chief Executive Officer and appointed as Director, effective [...]
Maya Gold & Silver Inc. reports on the situation at Zgounder and Boumadine resulting from the worldwide COVID-19 pandemic situation. Mining and processing operations at Zgounder mine continue uninterrupted at this time with enhanced safety protocols that have been implemented to mitigate the risk of COVID-19 infection. There are no confirmed or suspected cases of COVID-19 across the operations nor in the adjoining [...]
Maya Gold & Silver Inc. has postponed filing its annual financial statements, management's discussion and analysis and annual information form for the year ended December 31, 2019 , due to logistics and delays caused by the COVID-19 pandemic. Maya is relying on exemptive relief recently granted by Canadian securities regulatory authorities that allows it to delay the filing of its annual documents required by National [...]
Maya Gold & Silver Inc. reports the expansion of its production capacity at its Zgounder Silver mine in the Kingdom of Morocco. All needed elements and infrastructures are in place for processing 700 t/d, up by 40% over the current rated capacity of 500 t/d. This capacity expansion occurred from October 2019 to March 2020 and was entirely funded from cash flow generated by the Zgounder mine. The Zgounder Silver Mine was [...]
Maya Gold & Silver announces that it has begun implementing business continuity plans and procedures at its Moroccan operations and corporate office in Casablanca in response to developing concerns around COVID-19. Noureddine Mokaddem, Chairman and CEO, states: “Ensuring the health and safety of our workforce is Maya’s highest priority. There have not been any confirmed or suspected cases of COVID-19 at any of [...]
Maya Gold & Silver Inc. is pleased to announce significant diamond drill and reverse circulation drill holes results of its 2020 ongoing drilling program at its Zgounder silver mine in the kingdom of Morocco. The Corporation reports assay results from three diamond holes totaling 833.8m out of seven drill holes totaling 1774.1m and four Reverse Circulation holes drilled from the surface out of 32 RC holes totaling now [...]
Maya Gold & Silver Inc. is pleased to announce the update of its 2019-2020 drilling program and results from the new surface samples from Imarighen and Northern Zones at the Boumadine polymetallic mine in the Kingdom of Morocco. The assay results reported herein are provided in Tables below and include the following highlights: Highlights: Zone North Drill holes. 2.5m at 2.27 g/t Au and 80 g/t Ag in hole B-19-25 from [...]
Maya Gold & Silver Inc. is pleased to announce advancements in infrastructure development for. The expansion of the Zgounder mine with existing funds. Highlights: Building of new tailing facility; Paving access roads to enable tracking of mineralized material from the East zone to the mill for a specific bulk sample and grade / dilution assessment; Development of a new ramp reaching the 1950 level; Drone survey to enable [...]
Maya Gold & Silver Inc. is pleased to announce results of its 2019 Reverse Circulation drilling program at its Zgounder silver mine in the Kingdom of Morocco. The Corporation reports assay results from 26 of the 28 drill holes, totaling 3035 meters. Other results of the on-going RC 2020 program are pending and will be disclosed once the results are received, compiled and verified. The assay results reported herein are [...]