| Maya Gold & Silver Inc.: Zgounder Ramping Up, 484 kg (15,434 ounces) of Silver in Second Pouring | |
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BLAINVILLE, QUEBEC--(Marketwired - Sep 17, 2014) - Maya Gold & Silver Inc. ("Maya" or the "Corporation") (TSX VENTURE:MYA) announced the second silver pouring of the Zgounder Silver Mine. Zgounder Millenium Silver Mining ("ZMSM"), the 85% owned joint venture with l'Office National des Hydrocarbures et des Mines ("ONHYM") of the Kingdom of Morocco (15%) produced 483.92 kilos (15,434 ounces) of silver from 42 ingots grading an average of 99.6% Ag. The ingots were poured on September 10 at the Zgounder Silver Mine in Morocco. Maya Gold & Silver Inc. is a Canadian listed mining corporation focused on the exploration and development of gold and silver deposits in Morocco. Maya is initiating mining and milling operations at its Zgounder Mine. For further information on Maya, visit www.mayagoldsilver.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward looking information Zgounder Silver Mine The decision to commence production at the Zgounder Silver Mine was not based on a feasibility study of mineral reserves demonstrating economic and technical viability, but rather on a pre-feasibility study. Accordingly, there is increased uncertainty and economic and technical risks of failure associated with this production decision. Production and economic variables may vary considerably, due to the absence of a complete and detailed site analysis according to and in accordance with NI 43-101. Forward-looking statements This news release contains statements about our future business and planned activities. These are "forward-looking" because we have used what we know and expect today to make a statement about the future. Forward-looking statements including but are not limited to comments regarding the timing and content of upcoming work and analyses. Forward-looking statements usually include words such as may, intend, plan, expect, anticipate, and believe or other similar words. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this news release. You should not place undue reliance on forward-looking statements. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations.
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Maya Gold & Silver
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EXPLORATION STAGE |
CODE : MYA.V |
ISIN : CA5778381056 |
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Maya Gold & Silver is a gold and silver exploration company based in Canada. Its main exploration properties are AMIZMIZ in Morocco and BALUARTE in Mexico. Maya Gold & Silver is listed in Canada. Its market capitalisation is CA$ 546.2 millions as of today (US$ 419.1 millions, € 358.0 millions). Its stock quote reached its lowest recent point on February 03, 2017 at CA$ 0.10, and its highest recent level on April 27, 2018 at CA$ 3.02. Maya Gold & Silver has 210 880 000 shares outstanding. |