MONTREAL, March 20, 2020 (GLOBE NEWSWIRE) — Maya Gold & Silver (“Maya” or the “Company”) (TSX: MYA) announces that it has begun implementing business continuity plans and procedures at its Moroccan operations and corporate office in Casablanca in response to developing concerns around COVID-19.
Noureddine Mokaddem, Chairman and CEO, states: “Ensuring the health and safety of our workforce is Maya’s highest priority. There have not been any confirmed or suspected cases of COVID-19 at any of our operations however the Company has begun implementing various precautionary measures aimed at reducing the risk of COVID-19 impacting employees and collaborators.” We will continue to stay in touch with you during this unprecedented time.ABOUT MAYAMaya Gold & Silver Inc. is a publicly-traded Canadian company focused on the operation, exploration and development of gold and silver deposits in the Kingdom of Morocco. Maya is currently operating mining and milling facilities at its Zgounder Mine, an 85%-15% joint venture between its subsidiary, ZMSM, and the ONHYM of the Kingdom of Morocco.Its mining portfolio also includes the Boumadine polymetallic deposit located in the Anti-Atlas Mountains of Eastern Morocco. This property is also a joint venture with ONHYM wherein Maya retains a 85% ownership.Additionally, the Corporation’s portfolio includes the Amizmiz and Azegour properties, both being 100% owned, with gold, tungsten, molybdenum and copper deposits covering over 100 square kilometres in a historical mining district of the Kingdom of Morocco.Forward-looking statementsThis news release contains statements about future events or future performance and reflects management’s current expectations and assumptions. These are “forward-looking” because we have used what we know and expect today to make a statement about the future. Forward-looking statements usually include words such as may, intend, plan, expect, anticipate, and believe or other similar words. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this news release. You should not place undue reliance on forward-looking statements. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in the Corporation’s filings with SEDAR.On behalf of the Board:Noureddine Mokaddem
Founder, Chairman & CEO
+1 514-866-2008
nmokaddem@mayagoldsilver.com
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