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Aya Gold & Silver Reports High-Grade Silver Results at Zgounder

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Aya Gold & Silver Reports High-Grade Silver Results at Zgounder

 

 

 

 

 

Extends Mineralization Near Western Fault

 

Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) is pleased to announce high-grade silver drill results from its at-depth drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco.

 

Highlights (all intersections are in core lengths)

  • Intersections in the Open-Pit Area:
    • Hole ZG-RC-25-853 intercepted 781 grams per tonne silver over 9.0 metres, including 1,295 g/t Ag over 5.0m
    • Hole ZG-RC-25-855 intercepted 1,454 g/t Ag over 3.0m
  • Intersections at Depth Near the Western Fault contact:
    • Hole ZG-SF-25-340 intercepted 336 g/t Ag over 5.5m
    • Hole ZG-SF-25-350 intercepted 2,198 g/t Ag over 1.0m
  • Intersections in the Central Area:
    • Hole ZG-SF-25-347 intercepted 3,581 g/t Ag over 4.5m, including 5,893 g/t Ag over 2.5m
    • Hole ZG-SF-25-347 intercepted 1,729 g/t Ag over 4.1m, including 4,480 g/t Ag over 1.5m
    • Hole T28-26-1072 intercepted 6,223 g/t Ag over 3.6m
    • Hole T28-26-1104 intercepted 4,489 g/t Ag over 6.0m
  • 3,117m or 10.3% of the 2026 exploration program has been drilled year to date.

 

“Today’s high-grade results once again confirm the strong continuity of silver mineralization both at depth and around the open-pit area,” said Benoit La Salle, President & CEO. “Moreover, the new intersection at depth near the Western Fault contact in hole ZG-SF-25-340 extends mineralization further west, continuing to push the boundary of our current resource model.”

 

This release contains results from 256 holes, which include 13 surface diamond drill holes (“DDH”), 69 underground DDH, 41 reverse circulation drill hole (“RC”), 101 T28 and 32 YAK holes (T28 and YAK: percussion drilling using an air-compressed hammer). For a full summary of today’s results, refer to Appendix 1.

 

Table 1 – Best Intercepts at Zgounder in 2025 (core lengths)

 

Hole ID From To Ag Length* Ag x width
      (g/t) (m)  
Underground DDH
ZG-SF-25-339 251.5 253.0 1 733 1.5 2 600
ZG-SF-25-340 254.4 259.9 336 5.5 1 848
ZG-SF-25-341 341.0 345.0 1 075 4.0 4 300
Including 342.0 344.0 1 928 2.0 3 856
ZG-SF-25-342 282.5 286.0 652 3.5 2 282
ZG-SF-25-343 284.5 289.0 3 581 4.5 16 116
Including 284.5 287.0 5 893 2.5 14 732
ZG-SF-25-347 40.4 44.5 1 729 4.1 7 089
Including 43.0 44.5 4 480 1.5 6 720
ZG-SF-25-347 65.0 66.5 1 535 1.5 2 302
ZG-SF-25-347 127.0 128.5 1 228 1.5 1 842
ZG-SF-26-348 63.5 65.0 2 025 1.5 3 038
ZG-SF-26-348 129.0 133.5 1 366 4.5 6 149
ZG-SF-26-350 257.5 258.5 2 198 1.0 2 198
DZG-SF-25-776 43.0 48.5 1 138 5.5 6 260
Including 45.0 47.0 2 766 2.0 5 532
DZG-SF-25-777 53.5 58.0 844 4.5 3 798
Including 53.5 55.5 1 597 2.0 3 194
Surface RC
ZG-RC-25-853 103.0 112.0 781 9.0 7 029
Including 106.0 111.0 1 295 5.0 6 474
ZG-RC-25-854 114.0 116.0 895 2.0 1 789
ZG-RC-25-855 85.0 88.0 1 454 3.0 4 362
Underground T28
T28-25-1047 0.0 12.0 155 12.0 1 865
T28-25-1049 2.4 8.4 476 6.0 2 858
T28-25-1059 22.8 26.4 6 223 3.6 22 404
T28-26-1072 9.6 14.4 961 4.8 4 612
Including 9.6 12.0 1 790 2.4 4 296
T28-26-1075 0.0 4.8 2 934 4.8 14 083
Including 0.0 2.4 5 725 2.4 13 740
T28-26-1103 24.0 26.4 988 2.4 2 371
T28-26-1104 19.2 25.2 4 489 6.0 26 933
T28-26-1119 8.4 13.2 285 4.8 1 368
T28-26-1127 19.2 25.2 273 6.0 1 637
T28-26-1130 7.2 12.0 373 4.8 1 790
Underground YAK
YAK-25-408 3.6 4.8 6 060 1.2 7 272

* True widths are undetermined; all values are uncut.

 

Figure 1: Location of Drill Results at Zgounder

 

Quality Assurance

 

For core drilling, all individual samples represent approximately one meter in length of core, which is halved. Half of the core is kept on site for reference, and its counterpart is sent for preparation and assaying to African Laboratory for Mining and Environment in Marrakech, Morocco or to ALS Laboratory at the Zgounder Mine site. All samples are analyzed for silver, copper, iron, lead, and zinc using Aqua regia and finished by atomic absorption spectroscopy. Samples grading above 200 g/t Ag are reanalyzed by fire assay.

 

For definition drilling using RC, all individual samples represent 1.0m in length and for T28 drilling equipment, all individual samples represent 1.2m in length. Samples are assayed at either the ALS Mine laboratory or at Afrilab. All samples are analyzed for silver, copper, iron, lead, and zinc using Aqua regia and finished by AAS. Samples grading above 200 g/t Ag are reanalyzed by fire assay. Rigorous quality controls (QaQc) are applied at both locations.

 

David Lalonde, B.Sc. P. Geo, Vice-President Exploration, is Aya Gold & Silver’s Qualified Person and has reviewed this press release for accuracy and compliance with National Instrument 43-101.

 

About Aya Gold & Silver Inc.

 

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Corporation has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas Fault — one of Africa’s most geologically rich, underexplored and mining-friendly regions.

 

Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its newly expanded processing facility. Aya’s growth pipeline includes the Boumadine polymetallic project, where feasibility study work is underway. The project hosts a substantial mineral resource, an extensive mineralized footprint, and significant potential for further discovery.

 

Led by a proven team of mining professionals, Aya is guided by a vision of responsible mining and is committed to delivering sustainable value for shareholders, employees and host communities.

 

Posted February 18, 2026

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