Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) is pleased to announce high-grade silver drilling results from its ongoing drilling program at the Zgounder Silver Mine in the Kingdom of Morocco.
Key Highlights (all intersections are in core lengths)
and by YAK-22-2035-4bis, which intercepted 792 g/t Ag over 9.6m including
“Zgounder continues to deliver excellent results, with significant high-grade intercepts including holes ZG-22-55 and ZG-22-47 returning near-surface mineralisation with meaningful width. Additionally, holes YAK-22-2030-7bis and YAK -22-2035-4bis represent a cluster of grade-rich intervals in a new zone located at the 2,030-meter level, which confirms the potential of an up-dip extension between the 2,025 and 2,100- meter levels. Overall, results continue to extend high grades into new development zones,” said Benoit La Salle, President & CEO.
Included in this release are results for 61 holes, which include 10 surface diamond drill holes (“DDH”), 13 underground DDH, 22 T28 and 16 YAK (T28 & YAK: percussion drilling using an air-compressed hammer) holes. For a full summary of today’s results, refer to Appendixes 1 and 2.
Table 1 – Significant Intercepts from Drilling at Zgounder (core lengths)
Hole No. | From (m) | To (m) | Length1 (m) | Ag2 (g/t) |
Surface | ||||
ZG-22-33 | 22.00 | 23.50 | 1.50 | 128 |
26.50 | 29.00 | 2.50 | 742 | |
33.50 | 36.00 | 2.50 | 333 | |
39.00 | 40.50 | 1.50 | 1,243 | |
58.50 | 60.00 | 1.50 | 128 | |
ZG-22-47 | 16.50 | 18.00 | 1.50 | 544 |
99.50 | 109.00 | 9.50 | 296 | |
123.00 | 127.50 | 4.50 | 590 | |
including | 0.50 | 4,320 | ||
137.50 | 138.50 | 1.00 | 2,960 | |
142.00 | 143.50 | 1.50 | 363 | |
152.00 | 163.00 | 10.50 | 703 | |
including | 0.50 | 1,380 | ||
including | 0.50 | 11,680 | ||
179.00 | 181.50 | 2.50 | 133 | |
ZG-22-51 | 89.00 | 91.00 | 2.00 | 1,475 |
ZG-22-55 | 7.00 | 8.50 | 1.50 | 77 |
11.50 | 13.00 | 1.50 | 464 | |
18.50 | 33.00 | 14.50 | 1,102 | |
including | 1.50 | 1,308 | ||
including | 0.50 | 11,520 | ||
including | 0.50 | 8,320 | ||
including | 0.50 | 3,408 | ||
35.50 | 37.00 | 1.50 | 336 | |
Underground | ||||
YAK-22-2030-7bis | 6.00 | 20.40 | 14.40 | 671 |
including | 1.20 | 1,794 | ||
including | 1.20 | 2,396 | ||
including | 1.20 | 1,438 | ||
T28-8-15 | 0.00 | 6.00 | 6.00 | 1,311 |
including | 1.20 | 5,549 | ||
YAK-22-2035-4bis | 15.60 | 18.00 | 2.40 | 291 |
33.60 | 43.20 | 9.60 | 792 | |
including | 1.20 | 1,186 | ||
including | 1.20 | 1,221 | ||
including | 1.20 | 1,338 | ||
including | 1.20 | 1,321 | ||
DZG-SF-22-77 | 109.00 | 110.50 | 1.50 | 1,795 |
DZG-SF-22-81 | 21.00 | 22.50 | 1.50 | 168 |
38.50 | 40.00 | 1.50 | 2,533 | |
T28-21-1975-330-P8 | 10.80 | 12.00 | 1.20 | 2,097 |
YAKD-22-2000-024 | 13.20 | 15.60 | 2.40 | 1,100 |
YAKD-22-2000-027 | 0.00 | 7.20 | 7.20 | 311 |
15.60 | 16.80 | 1.20 | 2,161 | |
YAKD-22-2000-028 | 3.60 | 7.20 | 3.60 | 1,577 |
YAK-22-2030-8bis | 12.00 | 13.20 | 1.20 | 1,423 |
1 Holes were drilled at various angles; true widths are not known at this time. 2 All assay results are above the cut-off grade of 75 g/t Ag. |
Quality Assurance
For core drilling, all individual samples represent approximately one metre 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 (“Afrilab”) in Marrakech, Morocco. All samples are analyzed for silver, copper, iron, lead, and zinc using Aqua regia and finished by atomic absorption spectroscopy (“AAS”). Samples grading above 200 g/t Ag are reanalyzed using fire assaying.
For definition drilling using T28 drilling equipment, all individual samples represent 1.2m in length. Samples are assayed at either the Zgounder Mine Laboratory (“ZMSM”) or at Afrilab. 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 using fire assaying. At ZMSM, all samples are analyzed for silver only using Aqua regia and finished by AAS. Rigorous quality controls (QaQc) are applied at both locations.
Marc-Antoine Audet, Ph.D. P. Geo, Geological Consultant, is Aya Gold & Silver’s Qualified Person and has reviewed this press release for accuracy and compliance with National Instrument 43-101.
Q2-2022 Results
The Corporation will release its second quarter 2022 financial and operational results before market-open on August 12, 2022.
About Aya Gold & Silver Inc.
Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer with operations in the Kingdom of Morocco.
The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault, several of which have hosted past-producing mines and historical resources. Aya’s Moroccan mining assets are complemented by its Tijirit Gold Project in Mauritania, which is being advanced to feasibility.
Aya’s management team has been focused on maximising shareholder value by anchoring sustainability at the heart of its operations, governance, and financial growth plans.
Appendix 1 – Mineral Intercepts from Surface Drilling at Zgounder (core lengths)
Hole No. | From
(m) |
To
(m) |
Length1
(m) |
Ag2
(g/t) |
ZG-22-30 | 82.00 | 83.50 | 1.50 | 381 |
ZG-22-31 | 9.50 | 15.50 | 6.00 | 650 |
88.00 | 89.50 | 1.50 | 552 | |
ZG-22-33 | 22.00 | 23.50 | 1.50 | 128 |
26.50 | 29.00 | 2.50 | 742 | |
33.50 | 36.00 | 2.50 | 333 | |
39.00 | 40.50 | 1.50 | 1,243 | |
58.50 | 60.00 | 1.50 | 128 | |
ZG-22-38 | 223.00 | 227.00 | 4.00 | 118 |
ZG-22-47 | 16.50 | 18.00 | 1.50 | 544 |
99.50 | 109.00 | 9.50 | 296 | |
123.00 | 127.50 | 4.50 | 590 | |
including | 0.50 | 4,320 | ||
137.50 | 138.50 | 1.00 | 2,960 | |
142.00 | 143.50 | 1.50 | 363 | |
152.00 | 163.00 | 10.50 | 703 | |
including | 0.50 | 1,380 | ||
including | 0.50 | 11,680 | ||
179.00 | 181.50 | 2.50 | 133 | |
ZG-22-48 | 66.50 | 68.00 | 1.50 | 136 |
102.50 | 103.50 | 1.00 | 252 | |
ZG-22-49 | 83.00 | 85.00 | 2.00 | 586 |
149.50 | 152.50 | 3.00 | 636 | |
157.50 | 170.00 | 12.50 | 678 | |
including | 0.50 | 2,480 | ||
including | 0.50 | 1,908 | ||
including | 0.50 | 7,280 | ||
including | 0.50 | 1,908 | ||
including | 0.50 | 1,628 | ||
174.00 | 183.50 | 9.50 | 123 | |
186.00 | 190.00 | 4.00 | 367 | |
including | 0.50 | 2,560 | ||
ZG-22-50 | 138.00 | 139.50 | 1.50 | 98 |
144.00 | 145.00 | 1.00 | 259 | |
ZG-22-51 | 89.00 | 91.00 | 2.00 | 1,475 |
ZG-22-55 | 7.00 | 8.50 | 1.50 | 77 |
11.50 | 13.00 | 1.50 | 464 | |
18.50 | 33.00 | 14.50 | 1,102 | |
including | 1.50 | 1,308 | ||
including | 0.50 | 11,520 | ||
including | 0.50 | 8,320 | ||
including | 0.50 | 3,408 | ||
35.50 | 37.00 | 1.50 | 336 | |
1 Holes were drilled at various angles, true widths are not known at this time. 2 All assay results are above the cut-off grade of 75 g/t Ag. |
Appendix 2 – Mineral Intercepts from Underground Drilling at Zgounder (core lengths)
Hole No. | From
(m) |
To
(m) |
Length1
(m) |
Ag2
(g/t) |
||||
DZG-SF-22-71 | 80.50 | 84.00 | 3.50 | 181 | ||||
DZG-SF-22-72 | 16.00 | 17.50 | 1.50 | 368 | ||||
36.50 | 41.50 | 5.00 | 293 | |||||
52.50 | 53.50 | 1.00 | 160 | |||||
DZG-SF-22-73 | 22.00 | 25.50 | 3.50 | 702 | ||||
91.50 | 92.00 | 0.50 | 586 | |||||
DZG-SF-22-75 | 37.50 | 43.00 | 5.50 | 191 | ||||
DZG-SF-22-77 | 109.00 | 110.50 | 1.50 | 1,795 | ||||
DZG-SF-22-78 | 9.00 | 12.00 | 3.00 | 412 | ||||
DZG-SF-22-79 | 42.50 | 47.50 | 5.00 | 265 | ||||
DZG-SF-22-81 | 21.00 | 22.50 | 1.50 | 168 | ||||
38.50 | 40.00 | 1.50 | 2,533 | |||||
DZG-SF-22-82 | 6.00 | 9.00 | 3.00 | 960 | ||||
DZG-SF-22-83 | 7.50 | 9.00 | 1.50 | 1,004 | ||||
DZG-SF-22-85 | 6.00 | 7.50 | 1.50 | 363 | ||||
DZG-SF-22-86 | 5.50 | 7.50 | 2.00 | 1,940 | ||||
DZG-SF-22-91 | 8.00 | 9.00 | 1.00 | 162 | ||||
13.00 | 18.50 | 5.50 | 414 | |||||
T28 Drilling | ||||||||
TD28-22-1975-120 | 20.40 | 24.00 | 3.60 | 110 | ||||
TD28-22-1975-121 | 3.60 | 6.00 | 2.40 | 177 | ||||
TD28-22-1975-122 | 3.60 | 6.00 | 2.40 | 189 | ||||
0.00 | 6.00 | 6.00 | 876 | |||||
TD28-22-1975-123 | 21.60 | 25.20 | 3.60 | 146 | ||||
T28-21-1975-330-P8 | 10.80 | 12.00 | 1.20 | 2,097 | ||||
T28-21-2100-168bis | 0.00 | 4.80 | 4.80 | 638 | ||||
T28-21-2100-169bis | 4.80 | 12.00 | 6.00 | 535 | ||||
T28-21-2100-170bis | 0.00 | 12.00 | 12.00 | 141 | ||||
T28-21-2100-173bis | 4.80 | 7.20 | 2.40 | 1,681 | ||||
T28-21-2100-174bis | 13.20 | 18.00 | 4.80 | 149 | ||||
T28-21-2100-175bis | 19.20 | 20.40 | 1.20 | 234 | ||||
T28-21-2100-180bis | 0.00 | 2.40 | 2.40 | 146 | ||||
T28-21-2100-181bis | 2.40 | 3.60 | 1.20 | 183 | ||||
6.00 | 10.80 | 4.80 | 695 | |||||
T28-22-2075-826 | 10.80 | 12.00 | 1.20 | 404 | ||||
15.60 | 19.20 | 3.60 | 875 | |||||
T28-22-2075-827 | 14.40 | 18.00 | 3.60 | 234 | ||||
T28-8-15 | 0.00 | 6.00 | 6.00 | 1,311 | ||||
including | 1.20 | 5,549 | ||||||
TD28-22-2125-132 | 0.00 | 2.40 | 2.40 | 818 | ||||
TD28-22-2125-133 | 16.80 | 18.00 | 1.20 | 89 | ||||
TD28-22-2125-134 | 6.00 | 12.00 | 6.00 | 311 | ||||
TD28-22-2125-138 | 4.80 | 6.00 | 1.20 | 198 | ||||
TD28-22-1975-163 | 16.80 | 20.40 | 3.60 | 117 | ||||
TD28-22-1975-165 | 19.20 | 20.40 | 1.20 | 288 | ||||
YAK Drilling | ||||||||
YAKD-22-2075-023 | 9.60 | 13.20 | 3.60 | 135 | ||||
27.60 | 28.80 | 1.20 | 112 | |||||
YAKD-22-2000-024 | 13.20 | 15.60 | 2.40 | 1,100 | ||||
YAKD-22-2000-026 | 3.60 | 13.20 | 9.60 | 412 | ||||
including | 1.20 | 1,940 | ||||||
YAKD-22-2000-027 | 0.00 | 7.20 | 7.20 | 311 | ||||
15.60 | 16.80 | 1.20 | 2,161 | |||||
YAKD-22-2000-028 | 3.60 | 7.20 | 3.60 | 1,577 | ||||
YAKD-22-2000-031 | 10.80 | 12.00 | 1.20 | 89 | ||||
21.60 | 27.60 | 6.00 | 171 | |||||
YAK-22-2030-5bis | 8.40 | 10.80 | 2.40 | 236 | ||||
YAK-22-2030-7 | 6.00 | 21.60 | 15.60 | 391 | ||||
YAK-22-2030-7bis | 6.00 | 20.40 | 14.40 | 671 | ||||
including | 1.20 | 1,794 | ||||||
including | 1.20 | 2,396 | ||||||
including | 1.20 | 1,438 | ||||||
YAK-22-2030-8 | 12.00 | 14.40 | 2.40 | 106 | ||||
42.00 | 43.20 | 1.20 | 134 | |||||
YAK-22-2030-8bis | 12.00 | 13.20 | 1.20 | 1,423 | ||||
YAK-22-2035-4bis | 15.60 | 18.00 | 2.40 | 291 | ||||
33.60 | 43.20 | 9.60 | 792 | |||||
including | 1.20 | 1,186 | ||||||
including | 1.20 | 1,221 | ||||||
including | 1.20 | 1,338 | ||||||
including | 1.20 | 1,321 | ||||||
YAK-21-2000-12 | 4.80 | 10.80 | 6.00 | 263 | ||||
YAKD-22-1975-035 | 0.00 | 2.40 | 2.40 | 470 | ||||
YAKD-22-1975-036 | 36.00 | 38.40 | 2.40 | 168 | ||||
YAKD-22-1975-037 | 15.60 | 21.60 | 6.00 | 198 | ||||
31.20 | 33.60 | 2.40 | 86 | |||||
39.60 | 50.40 | 10.80 | 149 | |||||
1 Holes were drilled at various angles, true widths are not known at this time. 2 All assay results are above the cut-off grade of 75 g/t Ag. |
Location of DDH Results at Zgounder as per Appendixes 1 & 2 (CNW Group/Aya Gold & Silver Inc)
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