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Zgounder Silver Mine Produces 46,331 Ounces Ag During the Month of September 2017
Oct. 13, 2017 09:38AM PST
Silver InvestingMaya Gold & Silver (“Maya” or the “Corporation”) (TSXV: MYA) reports a monthly production of 46,331 ounces (1,441Kg) of silver during the month of September 2017 at its Zgounder silver mine in Morocco. This constitutes an improvement over the previous months, and the production is now reaching the Company’s objective of 45,000 to 55,000 ounces of silver …
Maya Gold & Silver (“Maya” or the “Corporation”) (TSXV: MYA) reports a monthly production of 46,331 ounces (1,441Kg) of silver during the month of September 2017 at its Zgounder silver mine in Morocco. This constitutes an improvement over the previous months, and the production is now reaching the Company’s objective of 45,000 to 55,000 ounces of silver per month.
Flotation cells will be integrated to the processing circuit by the end of Q1 2018, increasing the tonnage of ore processed from 187 t/day to up to 500 t/day (a 267% increase) and reducing the processing costs by 15%.
Development highlights at the Zgounder Mine
During the month of September, 5,404 t of ore material were extracted, from the mine at an average sampled grade of 382.4 g/t Ag, of which an estimated 2,400 t were stockpiled..
Level 2000 underwent excavation and blasting of Corps D along EW-oriented mineralized structures, of panels 8 and 9 and of Corps B south. Excavation and blasting also occurred at the 2000W level.
The enlarging of level 2125 was performed to initiate backfilling of Corps Y and start prospection and research work. Production at mining site P9 began this month. Two exploration surface diamond drill holes were completed and produced a total of 822 m of core material.