Maya Gold & Silver provides a technical update on its works and development at Zgounder silver mine in Morocco. The main topics are:
- 500 t/d flotation mill construction progress
- RC drill program
- Engineering study for the 2,000 t/d ramp-up
At the flotation mill, construction work is progressing well, despite the extreme weather conditions of last winter, which caused serious delays. The crews are all at work and advancing the construction of the buildings and associated infrastructures. The structures, electrical components and key equipment for grinding and flotation are being installed. The picture shows the thickener and regrind section under construction.
The company is about to start a Reverse Circulation (RC) drilling program at Zgounder. The drill pads are completed and drill ready, mobilization by contractor is now imminent. The objective of this program is to convert a portion of Inferred Mineral Resources identified in the PEA open pit into indicated as well as trying to increase mineral resources near surface.
In order to prepare for the scenario highlighted in the PEA with the objective of extracting 2,000 t/d at Zgounder from underground and pit, the company has hired GoldMinds engineers to prepare technical engineering documents to enable request for proposal of three main tasks: the shaft sinking and associated equipment, main ramp development with associated equipment and pit operation to be sent to contractors and entrepreneurs.
The scope of work aims at preparing the information, dimensioning, design for a 600 m vertical shaft, a 816 m long main ramp to daylight and preparation for operation of an open pit.
Maya Gold & Silver is a Canadian publicly listed mining corporation focused on the exploration and development of gold and silver deposits in Morocco. Maya has initiating mining and milling operations at its Zgounder mine owned by Zgounder Millenium Silver Mining, a Maya 85% owned joint venture with l’Office National des Hydrocarbures et des Mines (ONHYM) of the Kingdom of Morocco (15%).
The Boumadine property is also a joint venture with ONHYM, whereby Maya owns 85% of the polymetallic deposit located in the Anti-Atlas Mountains of eastern Morocco. ONHYM awarded Boumadine to Maya after evaluating international tenders.
The Maya portfolio also includes the Amizmiz and Azegour properties, 100% Maya owned, gold, tungsten, molybdenum and copper deposits, covering over 100 km2 in a historical mining district with both precious and base metal mineralization.