The Prospector News

Aya Gold & Silver Intercepts 1,298 g/t Ag Over 9.5m, Extending Zgounder Silver Mineralization Further East

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Aya Gold & Silver Intercepts 1,298 g/t Ag Over 9.5m, Extending Zgounder Silver Mineralization Further East

 

 

 

 

 

 

Expands 2021 Drill Exploration Program

 

Aya Gold & Silver Inc. (TSX: AYA) is pleased to report new assay results from its 2021 drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco. Results from 54 holes continue to extend high-grade silver mineralisation along strike to the east and at depth below the current resource.

 

Key Highlights (all intersections are in core lengths)

 

  • Extension of the strike and ongoing definition of the new Zgounder East Zone with ZG-21-36, which intersected 1,298 grams per tonne (“g/t”) Ag over 9.5m, including
    • 10,753 g/t Ag over 0.5m
    • 2,963 g/t Ag over 0.5m
    • 2,794 g/t Ag over 0.5m
  • Expansion of the eastern mineralized strike with ZG-21-30bis, which returned 1,863 g/t Ag over 1m and 162 g/t Ag over 15.5m
  • Extension of the mineralisation at depth to the granite contact within the exploration target with ZG-SF-21-25, which intersected 1,230 g/t Ag over 2.5m
  • Extension of on-strike underground mineralization with T28-21-1975-21E, which intersected 3,065 g/t Ag over 7.2m including
    • 12,640 g/t Ag over 1.2m
    • 4,000 g/t Ag over 1.2m
  • And, with T28-21-1975-21Ebis, which intersected 4,801 g/t Ag over 3.6m including
    • 12,638 g/t Ag over 1.2m
  • Continuation of high-grade mineralization below current mine workings with T28-21-1975-26E, which intersected 1,300 g/t Ag over 4.8m, including 4,873 g/t Ag over 1.2m
  • Expansion of the 2021 drill program at the Zgounder Silver Mine from 35,000m to 42,000m

 

“Today’s positive results continue to expand known mineralized systems, such as hole ZG-21-36 which confirms the up-dip and on-strike continuity east of the newly discovered eastern zone. The latest results also advance the understanding and mineral potential of the on-strike underground mineralization, particularly at depth to the granite contact. These extensions of mineralized intersections underscore the potential for expanding the mineralized footprint. As a result, we have extended our Zgounder drilling program by 20% to 42,000m into year-end,” said Benoit La Salle, President & CEO.

 

Assay results were received for 14 surface diamond drill holes, 15 underground diamond drill holes (see Figure 1), and 25 T28 pneumatic percussion holes. For a full summary of today’s results from the 2021 drill program, refer to Appendix 1 for surface results and Appendix 2 for underground results.

 

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

 

Hole No. From (m) To (m) Length1 (m) Ag2 (g/t)
Surface
ZG-21-30bis 20.50 21.50 1.00 1,863
26.50 28.50 2.00 325
41.00 42.00 1.00 86
153.00 168.50 15.50 162
182.50 183.50 1.00 119
ZG-21-36 72.50 82.00 9.50 1,298
including 0.50 10,753
including 0.50 2,963
including 0.50 2,794
including 0.50 1,002
including 0.50 2,122
106.00 108.00 2.00 157
121.00 121.50 0.50 187
214.00 216.00 2.00 132
218.00 219.50 1.50 100
Underground
ZG-SF-21-21 0.00 1.50 1.50 1,437
5.50 6.00 0.50 249
ZG-SF-21-25 0.00 2.00 2.00 910
6.00 9.00 3.00 306
39.50 42.00 2.50 1,230
ZG-SF-21-29 2.50 3.00 0.50 2,320
7.00 7.50 0.50 224
10.50 12.50 2.00 248
T28-21-2030-19E 12.00 15.60 3.60 744
including 1.20 2,000
T28-21-1975-21E 0.00 7.20 7.20 3,065
including 1.20 4,000
including 1.20 12,640
T28-21-1975-21Ebis 2.40 6.00 3.60 4,801
including 1.20 12,638
T28-21-1975-26E 0.00 6.00 6.00 126
9.60 14.40 4.80 1,300
including 1.20 4,873
T28-21-1975-31Ebis 8.40 9.60 1.20 1,324
13.20 14.40 1.20 136
20.40 26.40 6.00 231
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.

 

2021 Exploration Program

 

The 2021 initial drilling program at the Zgounder Silver Mine has been expanded from 35,000m to 42,000m into year-end with the aim of testing new target areas including within the newly discovered eastern zone. Some 39,000m of combined surface and underground drilling have already been completed to date.

 

Index Inclusion

 

Effective as of market-close on September 17, 2021, Aya will be added to the VanEck Vectors Gold Miners Index ETF (NYSE: GDX) and to the VanEck Vectors Junior Gold Miners Index ETF (NYSE: GDXJ). In addition to its inclusion in the GDX and GDXJ, the Corporation was added to the ETFMG Prime Junior Silver Miners ETF (NYSE: SILJ) and the Global X Silver Miners ETF (NYSE: SIL) over recent quarters.

 

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. All samples are analysed 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 reanalysed using fire assaying.

 

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.

 

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-21-26 198.00 199.00 1.00 136
258.50 259.50 1.00 98
ZG-21-27 178.00 178.50 0.50 96
191.00 191.50 0.50 88
211.50 213.00 1.50 228
229.50 231.50 2.00 631
321.00 322.00 1.00 380
330.50 332.00 1.50 104
335.00 337.00 2.00 120
343.50 347.00 3.50 155
350.00 352.50 2.50 162
ZG-21-28 38.50 47.00 8.50 129
50.50 53.00 2.50 173
119.00 121.00 2.00 740
ZG-21-29 223.00 224.00 1.00 76
339.00 339.50 0.50 128
ZG-21-30bis 20.50 21.50 1.00 1,863
26.50 28.50 2.00 325
41.00 42.00 1.00 86
153.00 168.50 15.50 162
182.50 183.50 1.00 119
ZG-21-31 8.00 9.50 1.50 340
16.50 20.00 3.50 359
29.00 30.50 1.50 268
33.00 35.00 2.00 251
209.50 210.00 0.50 293
223.00 224.00 1.00 162
ZG-21-32 131.50 132.00 0.50 88
133.50 134.50 1.00 84
ZG-21-33 117.00 118.00 1.00 167
ZG-21-34 90.00 91.00 1.00 114
190.00 191.00 1.00 91
ZG-21-35 8.00 12.50 4.50 544
119.00 122.00 3.00 501
ZG-21-36 72.50 82.00 9.50 1,298
including 0.50 10,753
including 0.50 2,963
including 0.50 2,794
including 0.50 1,002
including 0.50 2,122
106.00 108.00 2.00 157
121.00 121.50 0.50 187
214.00 216.00 2.00 132
218.00 219.50 1.50 100
ZG-21-37 103.00 104.00 1.00 158
ZG-21-38 221.00 222.00 1.00 245
262.50 263.00 0.50 264
265.00 265.50 0.50 81
ZG-21-39 211.50 214.50 3.00 385
394.50 397.50 3.00 232
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)

ZG-SF-21-14 2.00 4.00 2.00 106
8.00 8.50 0.50 134
42.00 46.00 4.00 111
ZG-SF-21-16 13.50 14.00 0.50 1,100
22.00 24.00 2.00 120
31.00 32.00 1.00 460
ZG-SF-21-18 45.50 50.00 4.50 103
111.50 112.50 1.00 120
ZG-SF-21-19 0.00 1.00 1.00 210
4.00 10.00 6.00 304
85.00 88.00 3.00 90
ZG-SF-21-20 29.50 34.00 4.50 352
51.00 56.00 5.00 253
ZG-SF-21-21 0.00 1.50 1.50 1,437
5.50 6.00 0.50 249
ZG-SF-21-23 38.00 41.00 3.00 244
ZG-SF-21-24 3.00 5.00 2.00 411
32.00 38.00 6.00 187
43.00 46.50 3.50 123
49.00 53.00 4.00 243
61.50 62.00 0.50 131
66.00 67.50 1.50 196
ZG-SF-21-25 0.00 2.00 2.00 910
6.00 9.00 3.00 306
39.50 42.00 2.50 1,230
ZG-SF-21-28 15.00 16.00 1.00 1,366
65.50 67.00 1.50 128
69.50 73.50 4.00 631
ZG-SF-21-29 2.50 3.00 0.50 2,320
7.00 7.50 0.50 224
10.50 12.50 2.00 248
ZG-SF-21-30 16.50 17.50 1.00 100
23.50 25.00 1.50 363
32.50 35.50 3.00 194
37.00 37.50 0.50 154
ZG-SF-21-32 1.50 2.00 0.50 140
4.00 5.50 1.50 77
ZG-SF-21-34 7.00 8.50 1.50 93
11.50 12.00 0.50 172
47.00 48.00 1.00 94
56.00 59.00 3.00 247
60.50 62.00 1.50 81
94.00 95.50 1.50 192
ZG-SF-21-36 2.50 6.00 3.50 428
53.50 55.50 2.00 134
T28 Underground Drilling Program
T28-21-2000-02Ebis 0.00 2.40 2.40 536
T28-21-2000-06E 15.60 22.80 7.20 92
24.00 26.40 2.40 78
T28-21-2000-09Ebis 8.40 9.60 1.20 293
12.00 13.20 1.20 251
T28-21-2000-10E 19.20 22.80 3.60 309
T28-21-2030-11Ebis 21.60 22.80 1.20 136
T28-21-2030-18E 21.60 22.80 1.20 148
T28-21-2030-18Ebis 10.80 12.00 1.20 104
T28-21-2030-19E 12.00 15.60 3.60 744
including 1.20 2,000
T28-21-2030-17E 18.00 20.40 2.40 88
T28-21-1975-21E 0.00 7.20 7.20 3,065
including 1.20 4,000
including 1.20 12,640
T28-21-1975-21Ebis 2.40 6.00 3.60 4,801
including 1.20 12,638
T28-21-1975-23Ebis 4.80 6.00 1.20 76
T28-21-1975-24E 6.00 7.20 1.20 132
T28-21-1975-24Ebis 1.20 2.40 1.20 116
6.00 7.20 1.20 232
T28-21-1975-25E 0.00 1.20 1.20 76
10.80 12.00 1.20 77
T28-21-1975-25Ebis 14.40 19.20 4.80 327
T28-21-1975-26E 0.00 6.00 6.00 126
9.60 14.40 4.80 1,300
including 1.20 4,873
T28-21-1975-26Ebis 0.00 6.00 6.00 158
7.20 8.40 1.20 106
12.00 13.20 1.20 81
T28-21-1975-27E 4.80 6.00 1.20 98
T28-21-1975-27Ebis 4.80 15.60 10.80 108
T28-21-1975-29E 8.40 16.80 8.40 325
T28-21-1975-31E 7.20 9.60 2.40 583
T28-21-1975-31Ebis 8.40 9.60 1.20 1,324
13.20 14.40 1.20 136
20.40 26.40 6.00 231
T28-21-1975-35E 2.40 3.60 1.20 304
T28-21-1975-38E 9.60 10.80 1.20 80
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 from Surface and Underground Drilling as per Appendixes 1 & 2 (CNW Group/Aya Gold & Silver Inc)

 

Posted September 16, 2021

Share this news article

MORE or "UNCATEGORIZED"


Provenance Gold Announces and Closes Substantially Oversubscribed $1.5 Million Private Placement

Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) is pleased to ann... READ MORE

October 22, 2021

Omai Drilling Continues to Outline Gold Mineralization in Multiple Shears Extending Below the Wenot Pit, including 16.8 g/t over 6 metres and 4.6 g/t over 20 metres

Omai Gold Mines Corp. (TSX-V: OMG) is pleased to report additiona... READ MORE

October 22, 2021

Emerita Intersects 8.2 Meters Grading 2.5% Copper, 17.3% Zinc, 8.7% Lead, 223.5g/t Silver, 0.5g/t Gold in Initial Step-Out Drill Hole at La Infanta Drill Program

Emerita Resources Corp. (TSX – V: EMO) (OTC: EMOTF) announces ... READ MORE

October 22, 2021

Aurania Resources Announces Closing of $2.26 Million Concurrent Private Placement

Aurania Resources Ltd. (TSX-V: ARU) (FSE: 20Q) announces that it ... READ MORE

October 22, 2021

Bonterra Announces Closing of $11.66 Million Private Placement

Bonterra Resources Inc. (TSX-V: BTR) (OTCQX: BONXF) (FSE: 9BR2) i... READ MORE

October 22, 2021

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

Government of Canada Supported
Copyright 2021 The Prospector News