Exploration / Development > Feasibility

Zgounder silver mine sparkles in PEA

Miner Maya Gold & Silver (CN:MYA) has outlined “highly encouraging” figures in a preliminary economic assessment for its 85%-owned Zgounder silver mine in Morocco which it says well-positions the project to face severe price fluctuations.

Staff reporter

Exploration / Development > Feasibility

Zgounder silver mine sparkles in PEA

Miner Maya Gold & Silver (CN:MYA) has outlined “highly encouraging” figures in a preliminary economic assessment for its 85%-owned Zgounder silver mine in Morocco which it says well-positions the project to face severe price fluctuations.

Staff reporter

Zgounder silver mine sparkles in PEA

Proposed development at the Zgounder silver mine

The IRR for Maya is 121%, and the after-tax NPV (6.5%) for the Zgounder Millenium Silver Mining joint venture (15%-owned by the Kingdom of Morocco) is US$200.2 million, using an average silver price of $20.50/oz.