SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (44660)10/7/2009 7:15:32 PM
From: LoneClone  Read Replies (1) | Respond to of 196713
 
Maya Gold & Silver Reports More High-Grade Gold Results From 3 Additional Zones
Wed Oct 7, 11:37 AM

ca.news.finance.yahoo.com

MONTREAL, QUEBEC--(Marketwire - Oct. 7, 2009) - MAYA GOLD & SILVER (TSX VENTURE: MYA.V) is pleased to announce high-grade gold results from its surface channel sampling program on its Amizmiz gold and silver project in Morocco.

Recent mapping (approximately 350 metres south from AZ and T zones where low grade-bulk tonnage and high grade layer type deposits have been identified) has led to the localisation of three more showings.

The AZS-1, AZS-2 and AZN zones have been partly stripped and channel sampled. The mineralized zones appear again to be long stratabound layers.

- On the AZS-1 zone, 8 channel samples were collected over a length of 16
m and returned an average grade of 11.9 g/t Au and 21.9 g/t Ag
(including 30.90 g/t Au and 60 g/t Ag over 1.60 metre) on an average
width of 1.7 metre.

- On the AZS-2 zone, 5 channel samples were collected over a length of 9 m
and returned an average grade of 25.1 g/t Au on an average width of 0.87
metre (including 31.69 g/t Au over 1 metre).

- On the AZN zone, 11 channel samples were collected over a length of 16m
and returned an average grade of 12.3 g/t Au and 33.7 g/t Ag on an
average width of 0.54 m (including 69.33 g/t Au and 47 g/t Ag over 0.45
metre).

These zones are situated approximately 1.1 km east of TRNA which returned values of 26.16 g/t Au over 0.98 metre, followed over a stripped length of 34 metres and TRNC, which gave 9.46 g/t Au over 1.68 metre followed over a stripped length of 19.55 metres (see press releases dated August 18 (http://www.marketwire.com/press-release/Maya-Gold-and-Silver-Inc-TSX-VENTURE-MYA-1031929.html) and September 1 (http://www.marketwire.com/press-release/Maya-Gold-and-Silver-Inc-TSX-VENTURE-MYA-1038378.html), 2009).

Complete channel results of the AZS-1, AZS-2 and AZN showings are available in the annexed table, at the following address: mayagoldsilver.com

Samples were prepared and assayed at Laboratoire Reminex (ISO 9000) at Guemassa, Morocco. All analysis reported above were obtained by standard fire assaying-AA and gravimetric finish. Systematic assaying of standards and blanks was performed for precision and accuracy.

Mr. Christian Derosier, P. Geo, is the Company's Qualified Person for the Amizmiz project and has reviewed the content of this release.

ABOUT MAYA

Maya Gold & Silver Inc. is a Canadian mining company newly listed on the TSX Venture Exchange which focuses on the research of gold and silver deposits.

For further information on Maya visit www.mayagoldandsilver.com

Neither the 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 statements

Except for statements of historical fact, all statements in this news release, without limitation regarding new project acquisitions future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

Contacts

Rejean Gosselin
Maya Gold & Silver Inc.
Chairman and Chief Executive Officer
514-868-9995
rgosselin@mayagoldsilver.com

Guy Goulet
Maya Gold & Silver Inc.
President
514-868-9995
C: 514-294-7000
ggoulet@mayagoldsilver.com