The Prospector News

Aya Gold & Silver Extnds High-Grade Silver Mineralization at Depth at Zgounder

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Aya Gold & Silver Extnds High-Grade Silver Mineralization at Depth at Zgounder

 

 

 

 

 

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

 

Key Highlights (all intersections are in core lengths)

  • At the central zone just below 2,000 meter level extending the high-grade zone discovered recently,
    • hole TD28-22-2000-308 intercepted 3,956 grams per tonne silver over 21.60m including
      • 5,792 g/t Ag over 14.40m
    • hole TD28-22-2000-305 intercepted 5,691 g/t Ag over 9.60m including
      • 8,840 g/t Ag over 6.00m
    • hole TD28-22-2000-307 intercepted 1,972 g/t Ag over 15.60m including
      • 2,538 g/t Ag over 12.00m
  • Surface drilling including ZG-DCD-22-06 at the bottom contact with the granite intersected 1,220 g/t Ag over 6.50m and 5,132 g/t over 2.50m. ZG-22-64, intersected 2,074 g/t over 3.50m, confirming high-grade mineralization at, or near, the contact with the granite.
  • From diamond definition drilling, DZG-SF-22-129 intercepted 708 g/t Ag over 11.00m, DZG-SF-122 intercepted 646 g/t over 11.00m and DZG-SF-135 intercepted 423 g/t over 13.50m upward from level 2,030m.

 

“Today’s surface drilling results are part of our drill exploration program aimed at extending the high-grade mineralization at depth towards the granite contact at Zgounder,” said Benoit La Salle, President & CEO. “We are very pleased with the overall continuity of the deposit, which continues to expand the known mineralization and deliver high-grade ounces.”

 

Included in this release are results for 105 holes, which include 19 surface diamond drill hole (“DDH”), 13 underground DDH, 56 T28 and 17 YAK (T28 & YAK: percussion drilling using an air-compressed hammer) holes.  For a full summary of today’s results, refer to Appendix 1.

 

Table 1 – Significant Intercepts from Drilling at Zgounder (core lengths)

 

DDH No. From To Ag

(g/t)

Length
(m)*
Ag x
width
Surface DDH
DZG-SF-22-122 32.5 43.5 646 11.0 7,105
DZG-SF-22-127 29.0 37.0 645 8.0 5,162
DZG-SF-22-129 40.5 51.5 708 11.0 7,787
DZG-SF-22-135 85.0 98.5 423 13.5 5,704
ZG-DCD-22-06 267.5 274.0 1,220 6.5 7,928
Including 272.5 273.5 5,322 1.0 5,322
ZG-DCD-22-06 421.5 424.0 5,132 2.5 12,829
Including 421.5 422.5 12,560 1.0 12,560
Underground DDH
ZG-22-64 336.5 340.0 2,074 3.5 7,259
Including 337.0 339.0 3,535 2.0 7,070
Underground T28
TD28-22-1950-331 16.8 21.6 1,993 4.8 9,568
TD28-22-2000-305 16.8 26.4 5,691 9.6 54,631
Including 18.0 24.0 8,840 6.0 53,042
TD28-22-2000-306 19.2 25.2 939 6.0 5,636
TD28-22-2000-307 2.4 18.0 1,972 15.6 30,770
Including 2.4 14.4 2,538 12.0 30,454
TD28-22-2000-308 1.2 22.8 3,956 21.6 85,459
Including 3.6 18.0 5,792 14.4 83,403
TD28-22-2075-349 3.6 10.8 846 7.2 6,091
Underground YACK
YAKD-22-1950-100 30.0 50.4 620 20.4 12,649
Including 31.2 37.2 1,588 6.0 9,526
YAKD-22-2075-086 0.0 3.6 1,415 3.6 5,092
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 in Marrakech, Morocco. 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 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 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 are applied at both locations.

 

David Lalonde, Bc.S. P. Geo, Head of 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 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 Drilling at Zgounder (core lengths)

 

DDH No. From To Ag

(g/t)

Length
(m)*
Ag x
width
Surface DDH
DZG-SF-22-119 33.0 46.0 204 13.0 2,654
DZG-SF-22-119 49.0 53.0 158 4.0 633
DZG-SF-22-121 31.0 35.5 585 4.5 2,633
DZG-SF-22-121 77.0 78.5 218 1.5 327
DZG-SF-22-121 84.5 96.0 354 11.5 4,068
DZG-SF-22-122 32.5 43.5 646 11.0 7,105
DZG-SF-22-122 49.5 52.5 135 3.0 404
DZG-SF-22-122 55.0 57.5 98 2.5 244
DZG-SF-22-122 101.0 102.5 200 1.5 300
DZG-SF-22-124 3.0 4.0 342 1.0 342
DZG-SF-22-124 34.0 37.5 170 3.5 595
DZG-SF-22-126 1.5 3.0 246 1.5 369
DZG-SF-22-126 34.0 35.5 370 1.5 555
DZG-SF-22-126 42.0 45.5 1,353 3.5 4,734
DZG-SF-22-126 59.5 60.5 200 1.0 200
DZG-SF-22-126 103.0 104.5 430 1.5 645
DZG-SF-22-127 29.0 37.0 645 8.0 5,162
DZG-SF-22-127 44.5 51.5 335 7.0 2,345
DZG-SF-22-127 80.0 83.0 223 3.0 669
DZG-SF-22-127 101.5 104.5 165 3.0 496
DZG-SF-22-129 3.0 4.5 1,678 1.5 2,516
DZG-SF-22-129 40.5 51.5 708 11.0 7,787
DZG-SF-22-130 3.0 4.5 1,532 1.5 2,298
DZG-SF-22-130 34.0 35.0 274 1.0 274
DZG-SF-22-130 39.0 41.0 373 2.0 746
DZG-SF-22-131 1.5 4.5 133 3.0 398
DZG-SF-22-132 3.0 4.5 140 1.5 210
DZG-SF-22-132 20.0 21.5 150 1.5 225
DZG-SF-22-132 30.5 35.5 468 5.0 2,340
DZG-SF-22-132 42.0 46.5 166 4.5 746
DZG-SF-22-132 80.5 81.5 261 1.0 261
DZG-SF-22-133 18.0 19.5 1,196 1.5 1,794
DZG-SF-22-134 39.5 42.5 402 3.0 1,207
DZG-SF-22-134 48.0 49.5 174 1.5 261
DZG-SF-22-134 83.5 85.0 143 1.5 215
DZG-SF-22-135 34.5 37.5 95 3.0 285
DZG-SF-22-135 41.5 55.0 127 13.5 1,709
DZG-SF-22-135 59.0 65.5 204 6.5 1,327
DZG-SF-22-135 71.0 74.0 271 3.0 812
DZG-SF-22-135 85.0 98.5 423 13.5 5,704
DZG-SF-22-137 64.5 66.0 2,303 1.5 3,455
DZG-SF-22-138 52.0 55.0 131 3.0 393
DZG-SF-22-138 83.0 84.5 195 1.5 292
DZG-SF-22-140 2.5 3.5 433 1.0 433
ZG-DCD-22-05 342.0 343.5 364 1.5 545
ZG-DCD-22-06 267.5 274.0 1,220 6.5 7,928
Including 272.5 273.5 5,322 1.0 5,322
ZG-DCD-22-06 380.0 380.5 848 0.5 424
ZG-DCD-22-06 421.5 424.0 5,132 2.5 12,829
Including 421.5 422.5 12,560 1.0 12,560
Underground DDH
ZG-22-60 181.0 182.5 460 1.5 690
ZG-22-61 66.0 66.5 1,884 0.5 942
ZG-22-61 177.5 180.5 287 3.0 862
ZG-22-61 244.5 245.0 982 0.5 491
ZG-22-62 175.0 176.0 343 1.0 343
ZG-22-62 229.0 229.5 1,388 0.5 694
ZG-22-63 177.0 178.5 166 1.5 249
ZG-22-63 201.0 205.5 253 4.5 1,138
ZG-22-64 105.5 108.5 102 3.0 307
ZG-22-64 191.0 195.5 261 4.5 1,174
ZG-22-64 336.5 340.0 2,074 3.5 7,259
Including 337.0 339.0 3,535 2.0 7,070
ZG-22-64 361.5 363.0 203 1.5 304
ZG-22-64 370.5 380.0 233 9.5 2,209
Including 378.0 379.5 823 1.5 1,235
ZG-22-64 385.0 393.0 209 8.0 1,670
ZG-22-66 104.5 106.0 2,940 1.5 4,410
ZG-22-66 184.0 185.5 327 1.5 490
ZG-22-67 47.5 48.0 712 0.5 356
ZG-22-67 54.0 54.5 1,076 0.5 538
ZG-22-69 9.0 12.0 457 3.0 1,371
ZG-22-69 32.0 33.5 218 1.5 327
ZG-22-73 357.5 359.5 237 2.0 473
ZG-22-73 366.0 367.5 323 1.5 485
ZG-22-74 20.5 23.0 585 2.5 1,463
ZG-22-74 182.0 183.0 327 1.0 327
ZG-22-74 191.5 193.0 154 1.5 231
Underground T28
TD28-22-1950-254 16.8 19.2 105 2.4 252
TD28-22-1950-255 16.8 21.6 154 4.8 740
TD28-22-1950-259 0.0 2.4 341 2.4 818
TD28-22-1950-282 9.6 13.2 361 3.6 1,301
TD28-22-1950-283 3.6 14.4 149 10.8 1,610
TD28-22-1950-285 0.0 2.4 504 2.4 1,210
TD28-22-1950-298 6.0 7.2 474 1.2 569
TD28-22-1950-298 9.6 10.8 183 1.2 219
TD28-22-1950-298 16.8 18.0 270 1.2 324
TD28-22-1950-300 14.4 16.8 100 2.4 241
TD28-22-1950-301 9.6 15.6 231 6.0 1,389
TD28-22-1950-325 2.4 4.8 102 2.4 244
TD28-22-1950-326 21.6 24.0 418 2.4 1,004
TD28-22-1950-327 14.4 16.8 134 2.4 320
TD28-22-1950-328 14.4 26.4 277 12.0 3,318
TD28-22-1950-329 3.6 6.0 968 2.4 2,323
TD28-22-1950-330 4.8 7.2 254 2.4 611
TD28-22-1950-331 3.6 8.4 346 4.8 1,658
TD28-22-1950-331 16.8 21.6 1,993 4.8 9,568
TD28-22-1950-339 0.0 2.4 105 2.4 251
TD28-22-1968-345 16.8 24.0 466 7.2 3,352
TD28-22-1968-346 14.4 19.2 242 4.8 1,163
TD28-22-1968-378 9.6 12.0 178 2.4 427
TD28-22-1968-379 9.6 13.2 78 3.6 279
TD28-22-1975-101 0.0 2.4 143 2.4 343
TD28-22-2000-279 10.8 14.4 179 3.6 644
TD28-22-2000-286 1.2 2.4 217 1.2 260
TD28-22-2000-286 18.0 20.4 213 2.4 510
TD28-22-2000-287 18.0 21.6 288 3.6 1,035
TD28-22-2000-304 9.6 10.8 333 1.2 399
TD28-22-2000-305 16.8 26.4 5,691 9.6 54,631
Including 18.0 24.0 8,840 6.0 53,042
TD28-22-2000-306 1.2 3.6 105 2.4 252
TD28-22-2000-306 19.2 25.2 939 6.0 5,636
TD28-22-2000-307 2.4 18.0 1,972 15.6 30,770
Including 2.4 14.4 2,538 12.0 30,454
TD28-22-2000-307 21.6 22.8 174 1.2 209
TD28-22-2000-308 1.2 22.8 3,956 21.6 85,459
Including 3.6 18.0 5,792 14.4 83,403
TD28-22-2000-386 7.2 12.0 381 4.8 1,829
TD28-22-2000-389 3.6 4.8 169 1.2 202
TD28-22-2075-319 7.2 8.4 518 1.2 622
TD28-22-2075-319 18.0 22.8 151 4.8 726
TD28-22-2075-321 8.4 14.4 208 6.0 1,248
TD28-22-2075-321 18.0 26.4 127 8.4 1,068
TD28-22-2075-323 4.8 16.8 250 12.0 3,005
Including 10.8 13.2 541 2.4 1,299
TD28-22-2075-324 4.8 9.6 549 4.8 2,634
TD28-22-2075-349 3.6 10.8 846 7.2 6,091
TD28-22-2075-349 14.4 15.6 407 1.2 488
TD28-22-2075-350 7.2 9.6 138 2.4 331
TD28-22-2125-238 0.0 3.6 165 3.6 593
TD28-22-2125-242 3.6 7.2 598 3.6 2,151
TD28-22-2125-243 9.6 14.4 989 4.8 4,747
TD28-22-2125-245 13.2 15.6 491 2.4 1,178
Underground YACK
YAKD-22-1950-099 30.0 37.2 573 7.2 4,125
YAKD-22-1950-100 30.0 50.4 620 20.4 12,649
Including 31.2 37.2 1,588 6.0 9,526
YAKD-22-1950-101 32.4 33.6 285 1.2 341
YAKD-22-1950-101 38.4 40.8 109 2.4 262
YAKD-22-1950-103 13.2 15.6 275 2.4 661
YAKD-22-1950-103 20.4 24.0 126 3.6 454
YAKD-22-1950-106 31.2 38.4 337 7.2 2,429
YAKD-22-1950-110 7.2 9.6 694 2.4 1,664
YAKD-22-1950-127 44.4 46.8 85 2.4 205
YAKD-22-2075-074 2.4 7.2 703 4.8 3,374
YAKD-22-2075-078 8.4 15.6 654 7.2 4,712
YAKD-22-2075-079 8.4 12.0 818 3.6 2,944
YAKD-22-2075-086 0.0 3.6 1,415 3.6 5,092
YAKD-22-2075-086 43.2 45.6 117 2.4 281
YAKD-22-2075-086 50.4 52.8 136 2.4 327
YAKD-22-2075-087 0.0 2.4 137 2.4 329
YAKD-22-2075-087 42.0 43.2 170 1.2 204
YAKD-22-2075-088 44.4 48.0 481 3.6 1,730
YAKD-22-2075-089 31.2 34.8 332 3.6 1,194
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.

 

 


Figure 1: Location of DDH Results at Zgounder (CNW Group/Aya Gold & Silver Inc)

 

 

Posted December 21, 2022

Share this news article

MORE or "UNCATEGORIZED"


Orea Announces Closing of Oversubscribed Non-Brokered Private Placement

Orea Mining Corp. (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) is please... READ MORE

January 26, 2023

CANADA SILVER COBALT RELEASES SILVER ASSAY OF 29,165 g/t (850 oz/ton) FROM CONCENTRATE OF CASTLE MINE WASTE ROCK

Canada Silver Cobalt Works Inc. (TSX-V: CCW) (OTC: CCWOF) (Frankf... READ MORE

January 26, 2023

Guanajuato Silver Produces Record 836,375 AgEq Ounces in Q4

Sees 19% Q4 Production Increase Over Q3   Guanajuato Silver Comp... READ MORE

January 26, 2023

Argentina Lithium Drilling Extends Lithium Brine Zone at Rincon West

Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (O... READ MORE

January 26, 2023

NEVADA KING ANNOUNCES SIGNIFICANT SILVER INTERCEPTS FROM ITS 2021 ATLANTA DRILL PROGRAM

Nevada King Gold Corp. (TSX-V: NKG) (OTCQX: NKGFF) is pleased t... READ MORE

January 26, 2023

We acknowledge the [financial] support of the Government of Canada.

Government of Canada Supported
Copyright 2023 The Prospector News