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Aya Gold & Silver Intercepts 1,383 g/t Ag over 13.5m, Extending Zgounder High-Grade Silver Mineralisation Further at Depth

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Aya Gold & Silver Intercepts 1,383 g/t Ag over 13.5m, Extending Zgounder High-Grade Silver Mineralisation Further at Depth

 

 

 

 

 

Aya Gold & Silver Inc. (TSX: AYA) is pleased to report additional high-grade silver results from the ongoing 2021 drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco.

 

Key Highlights (all intersections are in core lengths)

  • Extension of the mineralised trend below the 1975 level by ZG-SF-21-67 which encountered 1,383 grams per tonne silver over 13.5 meters including
    • 10,960 g/t Ag over 0.5m
    • 10,435 g/t Ag over 0.5m
    • 5,000 g/t Ag over 0.5m
    • 3,002 g/t Ag over 0.5m
    • 1,598 g/t Ag over 0.5
  • Confirmation of the eastern vertical continuity 200m below surface with ZG-21-51 which generated 1,615 g/t Ag over 8.5m including
    • 11,360 g/t Ag over 0.5m
    • 8,840 g/t Ag over 0.5m
    • 1,840 g/t Ag over 0.5m
    • 1,752 g/t Ag over 0.5
  • Ongoing definition of high-grade* mineralisation below the 2,030m level with ZG-21-50 which returned 2,446 g/t Ag over 4.0m including
    • 10,635 g/t Ag over 0.5m
    • 8,080 g/t Ag over 0.5

in addition to 5,778 g/t Ag over 2.0m including

    • 15,240 g/t Ag over 0.5m
    • 6,075 g/t Ag over 0.5m
    • 1,528 g/t Ag over 0.5
  • Continued definition of eastern high-grade mineralisation with ZG-21-43 which returned 2,311 g/t Ag over 2.0m including
    • 2,080 g/t Ag over 2.0m
    • 1,821 g/t Ag over 3.0m

 

“Today’s results confirm high-grade continuity along strike and at depth to the east. These outstanding results also demonstrate high-grade continuity below the current resource and outline the upside potential outside of our current resource drill-out area. In particular, intersection ZG-SF-21-67 opens up a previously untested area below the mining operations. Our upcoming resource estimate is expected to represent a first step in expanding Zgounder, which remains open where we are currently drilling,” said Benoit La Salle, President & CEO.

 

Included in this release are results for 30 diamond drill holes, which include eight DDH from surface and 22 underground 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-21-43 6.00 7.50 1.50 264
177.00 181.00 4.00 100
224.00 226.00 2.00 2,311
270.00 273.00 3.00 1,821
359.50 361.00 1.50 148
376.00 377.50 1.50 2,080
448.00 449.50 1.50 124
451.00 452.50 1.50 88
ZG-21-50 102.00 106.00 4.00 2,446
 including 0.50 8,080
including 0.50 10,635
113.50 116.50 3.00 182
173.50 175.50 2.00 5,778
 including 0.50 1,528
 including 0.50 15,240
 including 0.50 6,075
ZG-21-51 48.50 53.00 4.50 167
69.00 71.00 2.00 122
154.00 154.50 0.50 152
212.50 213.00 0.50 96
219.50 228.00 8.50 1,615
 including 0.50 1,752
 including 0.50 11,360
 including 0.50 8,840
 including 0.50 1,840
232.50 234.00 1.50 480
392.00 399.50 7.50 159
ZG-21-58 3.00 4.50 1.50 92
45.50 46.50 1.00 80
132.50 133.50 1.00 80
136.00 139.00 3.00 1,703
 including 0.50 3,920
 including 0.50 3,560
152.50 154.00 1.50 113
211.50 212.50 1.00 120
Underground
ZG-SF-21-50 3.00 4.50 1.50 1,871
87.00 88.00 1.00 1,012
ZG-SF-21-52 20.00 25.50 5.50 994
34.00 34.50 0.50 1,044
37.50 38.00 0.50 160
45.00 46.50 1.50 189
60.00 61.50 1.50 76
71.00 74.00 3.00 614
ZG-SF-21-53 0.00 3.00 3.00 106
59.00 60.50 1.50 1,547
63.00 63.50 0.50 114
ZG-SF-21-62 5.50 8.00 2.50 1,606
ZG-SF-21-66 18.00 19.50 1.50 76
42.00 43.50 1.50 1,452
51.00 54.00 3.00 420
56.50 58.50 2.00 700
ZG-SF-21-67 19.50 23.50 4.00 135
70.50 84.00 13.50 1,383
 including 0.50 1,598
 including 0.50 5,000
 including 0.50 10,960
 including 0.50 10,435
 including 0.50 3,002
125.50 127.00 1.50 96
ZG-SF-21-77 36.00 38.00 2.00 2,865
including 0.50 9,584
48.00 49.50 1.50 244
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 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-21-43 6.00 7.50 1.50 264
177.00 181.00 4.00 100
224.00 226.00 2.00 2,311
270.00 273.00 3.00 1,821
359.50 361.00 1.50 148
376.00 377.50 1.50 2,080
448.00 449.50 1.50 124
451.00 452.50 1.50 88
ZG-21-46 4.50 6.00 1.50 380
23.50 25.00 1.50 228
30.50 32.00 1.50 124
56.50 60.00 3.50 273
97.50 98.50 1.00 485
ZG-21-49 21.00 22.50 1.50 590
ZG-21-50 102.00 106.00 4.00 2,446
including 0.50 8,080
including 0.50 10,635
113.50 116.50 3.00 182
173.50 175.50 2.00 5,778
including 0.50 1,528
including 0.50 15,240
including 0.50 6,075
ZG-21-51 48.50 53.00 4.50 167
69.00 71.00 2.00 122
154.00 154.50 0.50 152
212.50 213.00 0.50 96
219.50 228.00 8.50 1,615
including 0.50 1,752
including 0.50 11,360
including 0.50 8,840
including 0.50 1,840
232.50 234.00 1.50 480
392.00 399.50 7.50 159
ZG-21-52 40.50 41.50 1.00 192
96.50 98.00 1.50 168
ZG-21-58 3.00 4.50 1.50 92
45.50 46.50 1.00 80
132.50 133.50 1.00 80
136.00 139.00 3.00 1,703
including 0.50 3,920
including 0.50 3,560
152.50 154.00 1.50 113
211.50 212.50 1.00 120
ZG-21-59 97.00 97.50 0.50 76
164.00 165.00 1.00 366
199.00 201.50 2.50 121
256.00 257.00 1.00 830
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-21-41 4.00 4.50 0.50 166
ZG-SF-21-43 15.50 16.00 0.50 76
44.50 49.00 4.50 309
59.50 61.00 1.50 132
ZG-SF-21-45 5.00 6.00 1.00 156
ZG-SF-21-46 7.50 10.50 3.00 204
26.00 32.00 6.00 252
41.00 42.50 1.50 96
84.00 85.50 1.50 160
ZG-SF-21-47 25.50 28.50 3.00 310
ZG-SF-21-49 286.00 287.50 1.50 92
300.00 301.00 1.00 104
ZG-SF-21-50 3.00 4.50 1.50 1,871
87.00 88.00 1.00 1,012
ZG-SF-21-52 20.00 25.50 5.50 994
34.00 34.50 0.50 1,044
37.50 38.00 0.50 160
45.00 46.50 1.50 189
60.00 61.50 1.50 76
71.00 74.00 3.00 614
ZG-SF-21-53 0.00 3.00 3.00 106
59.00 60.50 1.50 1,547
63.00 63.50 0.50 114
ZG-SF-21-54 83.50 84.50 1.00 204
ZG-SF-21-56 7.00 10.00 3.00 225
15.00 23.50 8.50 603
ZG-SF-21-58 27.00 28.50 1.50 824
67.00 68.00 1.00 84
ZG-SF-21-60 46.50 52.00 5.50 207
63.50 65.00 1.50 84
101.50 103.00 1.50 76
ZG-SF-21-62 5.50 8.00 2.50 1,606
ZG-SF-21-63 28.00 29.00 1.00 112
51.00 54.00 3.00 526
ZG-SF-21-65 3.00 7.50 4.50 287
ZG-SF-21-66 18.00 19.50 1.50 76
42.00 43.50 1.50 1,452
51.00 54.00 3.00 420
56.50 58.50 2.00 700
ZG-SF-21-67 19.50 23.50 4.00 135
70.50 84.00 13.50 1,383
including 0.50 1,598
including 0.50 5,000
including 0.50 10,960
including 0.50 10,435
including 0.50 3,002
125.50 127.00 1.50 96
ZG-SF-21-71 5.50 7.50 2.00 262
ZG-SF-21-77 36.00 38.00 2.00 2,865
including 0.50 9,584
48.00 49.50 1.50 244
ZG-SF-21-78 27.00 28.50 1.50 76
ZG-SF-21-79 37.00 38.00 1.00 181
47.50 48.00 0.50 116
55.00 56.50 1.50 220
59.50 61.50 2.00 155
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 (CNW Group/Aya Gold & Silver Inc)

 

Posted November 17, 2021

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