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Message: TSXV-Listed Maya Gold & Silver Provides Aug Production Figures

 

 
2017-09-14 10:29:54 AM ET (MT Newswires)
   
   

10:29 AM EDT09/14/2017 (MT Newswires) -- Maya Gold & Silver (MYA.V) reported a monthly production of 42,033 ounces (1,307 kg) of silver during the month of August 2017 at its Zgounder silver mine in Morocco. Maya said that while this was an improvement from the previous months, it is still under the Company's objective of 45,000 to 55,000 ounces per month. A program is in place to increase production and benefit from the recent silver price rebound.

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 (267%) and reduce processing costs by 15%.

Price: 0.35, Change: +0.01, Percent Change: +2.94

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