MINING MARKETS AND INVESTMENT NEWS — Mutapa scores listing to finance work

Denver-based Maya Gold (MAY-A) has taken up residence on the Alberta Stock Exchange.

The company holds four concessions in Honduras — Guajiniquil, El Triunfo, Langue and San Miguel — covering a total of 121,404 ha. Preliminary exploration on the properties has included rock and soil sampling, as well as trenching at the Langue concession. Samples from the Guajiniquil property, which hosts a small producing mine, returned between 1 and 17.4 grams gold per tonne.

* Mutapa Gold (MUA-V), which owns the Big Deer gold and base metal property in northeastern Newfoundland, has recently listed on the Vancouver Stock Exchange.

Much of the property, which measures 11.5 km by 8.5 km, has been subjected to previous exploration, chiefly soil surveying and grab sampling. However, drilling at the Timber Pond and Fallen Tree zones returned 1% copper, 0.23% zinc and 2.8 grams gold over 4 metres and 1.04 grams gold and 0.13% copper over 1.3 metres, respectively.

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