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Last $0.17 USD
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MYAGF On Other Exchanges
As of 8:10 PM 08/20/15 All times are local (Market data is delayed by at least 15 minutes).

maya gold & silver inc (MYAGF) Snapshot

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maya gold & silver inc (MYAGF) Details

Maya Gold & Silver Inc. is engaged in the acquisition, exploration, evaluation, and development of gold and silver properties in Morocco. It also explores for copper, zinc, lead, molybdenum, and uranium deposits. The company owns 100% interests in the Amizmiz property, the Azegour property, the Mining permit No 233263, and the Touchkal property, as well as 85% interest in the Zgounder and the Boumadine properties in Morocco. Maya Gold & Silver Inc. was incorporated in 2007 and is headquartered in Blainville, Canada.

Founded in 2007

maya gold & silver inc (MYAGF) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$200.0K
President, Director, Member of Environmental,...
Total Annual Compensation: C$234.1K
Chief Financial Officer
Total Annual Compensation: C$125.0K
Compensation as of Fiscal Year 2014.

maya gold & silver inc (MYAGF) Key Developments

Maya Gold & Silver Inc. Provides Diamond Drilling Update on Zgounder Silver Mine in Morocco

Maya Gold & Silver Inc. announced a progress update from the 2015 spring diamond drill program at its Zgounder Silver Mine in Morocco. Overall, the drill program has successfully extended high-grade silver mineralization to the east and to depth for both the parallel Main and North Zones. The corporation has completed a 17-hole drill campaign totaling 5,864 meters. With better than expected contractor and cost performance, Maya was able to expand the scope of the program to include four addition drill holes from the initial plan. Sulfide mineralization consisting of sphalerite, galena and pyrite was encountered in an altered sandstone unit along with quartz, sericite and chlorite and, in eight holes, native silver mineralization was also observed. Analytical work is in progress at ALS Laboratory in Seville (Spain) and, to date, 2,021 of 3,168 samples have been sent to the laboratory.

Maya Gold & Silver Inc. Announces Resignation of Mario Caron as Board of Directors

Maya Gold & Silver Inc. announced that Mr. Mario Caron has resigned from the Board of Directors on June 30, 2015 due to numerous other commitments and constraints on his time.

Maya Gold & Silver Inc. Announces Progress Update on Its 2015 Spring Diamond Drill Program At Its Zgounder Silver Mine in Morocco

Maya Gold & Silver Inc. announced a progress update on its 2015 spring diamond drill program at its Zgounder Silver Mine in Morocco. As announced on April 21, 2015, the corporation began a 6,000 meter drill program and to date 10 of the 16 planned HQ diameter holes have been completed. Two diamond drills are being used in the drill program. The objectives of the surface drilling program are threefold: Validate the hypothesis that widespread mineralization occurs across the known deposit, explore lateral extension of the known deposit to the North and to the East, explore possible extensions to the known deposit at depth. The first batch of samples from the drill program are being shipped to ALS Laboratory in Seville, Spain and analytical work should begin immediately. Native silver has been observed in seven of the holes drilled to date and the silver mineralization is typically associated with zinc & lead minerals. During his recent visit to the site, the QP Claude Duplessis P.Eng. selected 42 individual one-metre samples from four different zones in three different drill holes which were taken for independent sampling. A ten metre sample from drill hole #12, aimed to evaluate a sub-parallel mineralized trend north of the main Zgounder zone in the central portion of deposit area, was selected as a high priority sample by the QP for Maya. This sample was collected from 31.3 to 41.3 m depth in hole #12. The true width of the mineralized intersection is believed to be 80% of the 10 meters core length. The selected samples may not represent the whole mineralized package. The GoldMinds independent assay prepared and analysed by fire assay at Bourlamaque Laboratory in Val d'Or has returned an average of 1098 g/t as shown in table below. This hole was collared in the valley going northward and has probably intersected extension to the East of the North body.


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