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    Maya Gold & Silver Acquires Touchkal

    Investing News Network
    Feb. 06, 2013 11:00AM PST
    Silver Investing

    Maya Gold & Silver Inc. (TSXV:MYA) announced that they have acquired the Touchkal property in Morocco.

    As quoted in the press release:

    Maya Gold & Silver Inc. (TSXV:MYA) announced that they have acquired the Touchkal property in Morocco.

    As quoted in the press release:

    The research mining permit covers 16 km2 (4 x 4 km) and sits within the Proterozoic Siroua “window” just 5 km WSW from Maya’s Zgounder silver mine. The permit area straddles the contact between the Askaoun granitoid pluton and the volcanosedimentary rocks of the Sahro Group (700 Ma) in a geological context similar to that occurring at the Zgounder mine. The southern part of the Touchkal property is accessible via a gravel road reaching the village of Askaoun, about 5 km to the SE. There are numerous secondary dirt roads and paths linking small dwellings throughout the property.

    Maya’s President, Noureddine Mokaddem, said:

    This acquisition strengthened Maya’s land position around its Zgounder silver mine and is seen as an opportunity to discover new silver and other metals mineralization in this largely unexplored segment of the metal-rich Siroua “window.

    To view the whole press release, click here.

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