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Zgounder Silver Mine Produces 42,264 Ounces Silver During the Month of November 2017
Dec. 20, 2017 08:52AM PST
Silver InvestingMaya Gold & Silver (“Maya” or the “Corporation”) (TSX VENTURE:MYA) reports a production of 42,264 ounces (1,119Kg) of silver during the month of November 2017 at its Zgounder silver mine in Morocco. The integration of the flotation cells to the processing circuit is progressing on schedule and is expected to be finalized by the end of …
Maya Gold & Silver (“Maya” or the “Corporation”) (TSX VENTURE:MYA) reports a production of 42,264 ounces (1,119Kg) of silver during the month of November 2017 at its Zgounder silver mine in Morocco.
The integration of the flotation cells to the processing circuit is progressing on schedule and is expected to be finalized by the end of Q1 2018; increasing the tonnage of processed ore from 187 t/day to up to 500 t/day (a 267% increase) and reducing the processing costs by 15%.
November 2017 Production Highlights
- A silver production of 42,264 ounces representing an increase of 17.48% compared to November 2016;
- A decrease in grade from 336 g/t to 321 g/t in November 2017 compared to the previous month was due to the stepping up in the development and preparatory work related to the transition from processing 150 t/d of ore to 500 t/d;
- A total recovery rate of 86% was attained, an increase of 15.74% compared to the November 2016 recovery.