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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
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