MONTRÉAL, April 29, 2019 -- Maya Gold & Silver Inc. is pleased to announce that the Toronto Stock Exchange has approved the Corporation’s notice of intention to make a normal course issuer bid , through which the Corporation may purchase up to 5,567,799 of its common shares or approximately 10% of the public float through the facilities of the TSX and certain Alternative Trading Systems. The number of issued [...]
Project Indicates Pre-tax IRR of 56% with an NPV of US$574.8 Million And After-tax IRR of 53% with an NPV of US$497.6 Million Mineralisation confirmed in different sectors at Boumadine mainly with DDH. Maya Gold & Silver Inc. is pleased to announce the results of an independent NI 43-101 Preliminary Economic Assessment Study related to its Boumadine Polymetallic Mine in Morocco. The project is owned by Compagnie [...]
Maya Gold & Silver Inc. has released its consolidated financial statements for the quarter and the year ended on December 31, 2018 . Commenting on the Q4 Fiscal 2018 and Fiscal 2018 financial results, Noureddine Mokaddem, Founder, President & CEO of Maya, said “In the second half of 2018, we took the strategic decision to allocate our resources to the completion of the 500 tpd flotation plant resulting in a [...]
Maya Gold & Silver Inc. is pleased to inform its shareholders of several aspects of its work and development at Azegour. Historical surface Molybdenum ore pile Maya site guard with Geologist of Goldminds and Maya before entrance into the underground level. Geological outline of the Kingdom of Morocco showing the localization of the Azegour property Geology at Azegour Keeping in line with the Corporation’s growth [...]
MONTRÉAL, Québec, Feb. 27, 2019 -- Maya Gold & Silver Inc. is pleased to inform its shareholders on several aspects of its development work at Zgounder silver mine. Native silver in plates at shallow depth Red silver crystal in fracture The 2000 tpd Development Plan As part of its exploration and development plan, the Corporation initiated diamond drilling from the river bottom and to the West of the [...]
- Discovers Germanium 497 g/t over 1.5m in core samples - Finds Gold at surface 48g/t over 2m at Boumadine Surface samples location with Gold results Maya Gold & Silver Inc. is pleased to announce the compilation of results from its diamond drilling program, drilling on the tailings and surface sampling at Boumadine property. Highlights: 2017 successful validation of mineralization panels are still in place 28 m at 10.79 [...]
Maya Gold & Silver Inc. is pleased to inform its shareholders it has reached an important milestone with the installation of the last component of the mill operation which has a 3 fold effect milling capacity and output at its Zgounder silver mine. The commissioning and testing phase of its 500 ton per day flotation mill has been completed and the company is proud to announce that it is in commercial production as of [...]
MONTRÉAL, Nov. 13, 2018 -- Maya Gold & Silver Inc. reports its operational and financial results for the nine-month period ending in September 30, 2018. The financial statements and MD&A were filed electronically on SEDAR and will be available on the Corporation's website at www.mayagoldsilver.com. “Throughout Q3 we took the initiative to reallocate workforce and resources to complete the flotation cell [...]
Maya Gold & Silver Inc. is pleased to announce that its Zgounder Millenium Silver Mine is now connected to the Office National d’Électricité et de l’Eau – Morocco national power grid. Maya is entering into a greener era for its supply of energy at Zgounder by the replacement of fuel generators by two substations currently connected to the national network comprised of one unit having [...]
MONTRÉAL, Aug. 13, 2018 -- Maya Gold & Silver Inc. has released its unaudited condensed consolidated financial statements accompanied by the management's discussion and analysis for the six-month period ending in June 30, 2018. The documents have been filed electronically with SEDAR and will be available on the Corporation's website at www.mayagoldsilver.com. “Despite the severe weather conditions and the [...]
Maya Gold & Silver Inc. is pleased to announce that it has received the results of the latest metallurgical tests on fresh rock from Boumadine. The most recent metallurgical test done at the SGS Laboratory in Lakefield, Ontario on a Boumadine fresh rock sample, and the best so far, provided the following results: Calculated head grade: 0.43% Pb, 1.40% Zn, 4.46 g/t Au and 455 g/t Ag. + Zn recovery : 79.5% + Zn concentrate [...]
Maya Gold & Silver Inc. is pleased to provide its shareholders & stakeholders with a technical update on its works and development at Zgounder. The main topics are: + 500 tpd flotation mill construction progress + RC drill program + Engineering study for the 2000 tpd ramp-up The Flotation Mill The construction work is progressing well, despite the extreme weather conditions of last winter, which caused serious delays. The [...]