Maya Gold & Silver Announces Successful First Silver Pour

Maya Gold & Silver Inc. (TSXV:MYA) announced that the first silver pour at its Morocco-based Zgounder silver mine was successful. In total, 234.5 kilograms of silver from 20 ingots grading between 90- and 97-percent silver were produced.

Highlights include:

• The pouring is the result of 17 days of operation of which 10 days were dedicated to mechanical testing with low grade mineralized material averaging approximately 50 g/T Ag and 7 days of operation with mineralized material from “ancient stockpiles” on hand.
• 2,876 tonnes were processed with an overall average grade of 105.5 g/t Ag recalculated head grade from metallurgical balance at the mill.
• Mill silver metal recovery achieved: 86%
• Silver grade of the 20 ingots from the on-site laboratory ranges from 90 to 97% Ag

Guy Goulet, CEO of Maya, commented:

We are extremely pleased to achieve our first silver pouring following site and mill rehabilitation that started in September 2013. This is a significant achievement for Maya and is a direct result of the outstanding efforts from all stakeholders led by our President, Mr Noureddine Mokaddem with the support of the local residents and thanks to the assistance of the relevant departments of the Moroccan Government. We also express our gratitude to our shareholders, bankers and lenders for their belief in us over the past years. Commissioning has gone smoothly and ZMSM is well on track to achieve commercial production in a nearest future.

Click here to read the full Maya Gold & Silver Inc. (TSXV:MYA) press release.