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Maya Produces 42,998 Ounces of Silver from Zgounder Silver Mine in Morocco

Maya Gold & Silver Inc. is pleased to report a production of 42,998 ounces of silver (1337 Kg) during the month of June 2016 at its Zgounder silver mine in Morocco.

June 2016 Operations Highlights

  • 42,998 ounces (1337 Kg) of silver ingots were produced from 5317 tonnes of dry material presenting an average head grade of 314 g/t Ag;
  • A recovery rate of 80.03% was achieved;
  • Production was impacted by prolonged and periodic stoppages of the operating ball mills to perform a detailed inspection of the internal plating;

Update on Implementation of flotation cells

Maya is proceeding with the basic engineering segment of the flotation cells installation considering the latest data obtained from pilot testing carried out in China on the crushing, flotation and gravimetric processes. The preparation of the definitive technical specification and requirements for the equipment and components including the local build-up of the vats, conveyors and feeders is well advanced.

A visit by the Chinese contractors began on July 11 and will be completed on July 20, 2016. During this visit, all technical details pertaining to the flotation cells will be examined and validated. Local contractors will also be on site to finalize the mechanical, electrical and structural requirements before proceeding with the construction of onsite equipment and components.

Location and sources of the extraction zones during June.

Underground working Level Tonnage
(t)
Average grade
Ag (g/t)
Panneau 9 2000 344 580
Taille 2Y bis 2100 832 534
Taille 2035 B 2035 656 161
Corps A 2000 256 323
Corps C-B 2000 3192 371
Total 5664 381*
*Total Ag weighted average
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 GÉON; an independent Qualified Person under NI 43-101 standards.

Source: http://mayagoldsilver.com/

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