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Aya Gold & Silver Intercepts 2,417 g/t Ag over 12m and 3,272 g/t Ag over 7.2m at Depth at Zgounder

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Aya Gold & Silver Intercepts 2,417 g/t Ag over 12m and 3,272 g/t Ag over 7.2m at Depth at Zgounder

 

 

 

 

 

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

 

Key Highlights (all intersections are in core lengths)

 

T28 percussion holes were carried out in three areas located at the 1,975 meters, 2,100m and 2,125m levels to the east:

 

  • At the 2,125m level, continuation of the eastern trend at depth by T28-21-2125-203 which encountered 2,417 grams per tonne silver over 12m including:
    • 13,727 g/t Ag over 1.2m
    • 3,029 g/t Ag over 1.2m
    • 4,808 g/t Ag over 1.2m
    • 1,370 g/t Ag over 1.2m
  • At the 2,100m level, validation of the vertical continuity with high-grade intercepts such as T28-21-2100-188bis, which generated 480 g/t Ag over 13.2m including
    • 2,151 g/t Ag over 1.2m
    • 2,113 g/t Ag over 1.2m
  • At the 1,975m level, extension of high-grade underground mineralization in a previously untested area below current operations with T28-21-1975-253, which returned 3,272 g/t Ag over 7.2m and with T28-21-1975-253bis which intersected 3,101 g/t Ag over 7.2m including
    • 13,671 g/t Ag over 1.2m
    • 3,680 g/t Ag over 1.2m
  • Ongoing definition of high-grade mineralisation below current mine operations with ZG-21-45, which returned 1,030 g/t Ag over 4.5m and 537 g/t Ag over 5.0m

 

“We are delighted with today’s results, which continue to demonstrate Zgounder’s high-grade potential at depth.  In particular, holes T28-21-2125-203, T28-21-1975-253 and T28-21-1975-253bis rank among our top all-time best drill intercepts at Zgounder on a grade by thickness basis. These newly drilled high-grade mineralized pods located below the current mining galleries validate continuity at depth and to the east at Zgounder,” said Benoit La Salle, President & CEO.

 

Included in this release are results for 70 diamond drill holes (“DDH”), which include three DDH from surface and 67 underground 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-21-45 115.00 116.00 1.00 252
147.50 148.00 0.50 124
165.00 169.50 4.50 1,030
176.00 176.50 0.50 84
181.00 181.50 0.50 288
184.00 184.50 0.50 242
187.00 192.00 5.00 537
including 0.50 1,126
including 0.50 3,200
Underground
T28-21-1975-225 2.40 8.40 6.00 748
including 1.20 1,511
including 1.20 1,122
T28-21-1975-230 0.00 2.40 2.40 102
6.00 8.40 2.40 692
12.00 13.20 1.20 256
19.20 24.00 4.80 817
including 1.20 1,287
T28-21-1975-231 0.00 2.40 2.40 1,033
13.20 14.40 1.20 144
T28-21-1975-236 4.80 18.00 13.20 966
including 1.20 5,543
including 1.20 1,691
including 1.20 1,303
21.60 22.80 1.20 96
T28-21-1975-242bis 15.60 18.00 2.40 1,876
T28-21-1975-252 0.00 3.60 3.60 3,306
including 1.20 6,883
T28-21-1975-252bis 0.00 2.40 2.40 1,188
T28-21-1975-253 0.00 7.20 7.20 3,272
9.60 10.80 1.20 80
24.00 26.40 2.40 148
T28-21-1975-253bis 0.00 7.20 7.20 3,101
including 1.20 13,671
including 1.20 3,680
10.80 12.00 1.20 92
18.00 19.20 1.20 132
24.00 26.40 2.40 89
T28-21-1975-259 6.00 10.80 4.80 824
T28-21-1975-259bis 4.80 6.00 1.20 181
8.40 12.00 3.60 1,270
14.40 16.80 2.40 231
T28-21-1975-260bis 2.40 12.00 9.60 622
22.80 24.00 1.20 83
T28-21-1975-261bis 6.00 19.20 13.20 521
T28-21-2100-188bis 8.40 21.60 13.20 480
including 1.20 2,151
including 1.20 2,113
T28-21-2125-198 12.00 18.00 6.00 898
T28-21-2125-203 7.20 8.40 1.20 177
12.00 24.00 12.00 2,417
including 1.20 13,727
including 1.20 3,029
including 1.20 4,808
including 1.20 1,370
T28-21-2125-206 0.00 2.40 2.40 143
4.80 9.60 4.80 2,401
T28-21-2125-217 4.80 7.20 2.40 111
13.20 20.40 7.20 404
T28-21-2125-221 7.20 9.60 2.40 1,401
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

 

Quality Assurance

 

For core drilling, all individual samples represent approximately one meter in length of core, which is halved (1.2m length for T28 percussion samples). For core material, 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-21-44 98.00 99.00 1.00 216
198.00 200.00 2.00 203
ZG-21-45 115.00 116.00 1.00 252
147.50 148.00 0.50 124
165.00 169.50 4.50 1,030
176.00 176.50 0.50 84
181.00 181.50 0.50 288
184.00 184.50 0.50 242
187.00 192.00 5.00 537
including 0.50 1,126
including 0.50 3,200
ZG-21-48 24.00 30.00 6.00 169
33.50 37.50 4.00 142
104.00 106.00 2.00 167
111.50 112.50 1.00 694
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)

T28-21-1975-225 2.40 8.40 6.00 748
including 1.20 1,511
including 1.20 1,122
T28-21-1975-227 7.20 8.40 1.20 112
T28-21-1975-228 20.40 21.60 1.20 110
T28-21-1975-229 19.20 24.00 4.80 672
T28-21-1975-230 0.00 2.40 2.40 102
6.00 8.40 2.40 692
12.00 13.20 1.20 256
19.20 24.00 4.80 817
including 1.20 1,287
T28-21-1975-231

 

0.00 2.40 2.40 1,033
13.20 14.40 1.20 144
T28-21-1975-232 9.60 10.80 1.20 108
14.40 15.60 1.20 156
T28-21-1975-233 12.00 13.20 1.20 88
T28-21-1975-234 12.00 13.20 1.20 140
T28-21-1975-235 0.00 1.20 1.20 640
T28-21-1975-236 4.80 18.00 13.20 966
including 1.20 5,543
including 1.20 1,691
including 1.20 1,303
21.60 22.80 1.20 96
T28-21-1975-236bis 1.20 2.40 1.20 102
7.20 9.60 2.40 220
20.40 21.60 1.20 128
T28-21-1975-237 4.80 6.00 1.20 208
10.80 12.00 1.20 168
T28-21-1975-237bis 8.40 9.60 1.20 96
T28-21-1975-239 8.40 10.80 2.40 92
T28-21-1975-240 9.60 10.80 1.20 164
T28-21-1975-240bis 15.60 18.00 2.40 114
T28-21-1975-242bis 15.60 18.00 2.40 1,876
T28-21-1975-243bis 12.00 13.20 1.20 140
T28-21-1975-244 0.00 2.40 2.40 322
4.80 6.00 1.20 79
T28-21-1975-246 10.80 12.00 1.20 280
T28-21-1975-246bis 0.00 3.60 3.60 126
4.80 6.00 1.20 98
12.00 13.20 1.20 124
20.40 26.40 6.00 370
T28-21-1975-247 13.20 14.40 1.20 12
T28-21-1975-248 0.00 2.40 2.40 320
7.20 8.40 1.20 174
T28-21-1975-249 4.80 6.00 1.20 733
8.40 10.80 2.40 113
24.00 25.20 1.20 77
T28-21-1975-249bis 6.00 10.80 4.80 638
20.40 22.80 2.40 170
T28-21-1975-250 0.00 2.40 2.40 76
T28-21-1975-251bis 6.00 7.20 1.20 150
T28-21-1975-252 0.00 3.60 3.60 3,306
including 1.20 6,883
T28-21-1975-252bis 0.00 2.40 2.40 1,188
T28-21-1975-253 0.00 7.20 7.20 3,272
9.60 10.80 1.20 80
24.00 26.40 2.40 148
T28-21-1975-253bis 0.00 7.20 7.20 3,101
including 1.20 13,671
including 1.20 3,680
10.80 12.00 1.20 92
18.00 19.20 1.20 132
24.00 26.40 2.40 89
T28-21-1975-254 18.00 20.40 2.40 225
T28-21-1975-254bis 16.80 20.40 3.60 312
T28-21-1975-255 6.00 7.20 1.20 310
T28-21-1975-255bis 9.60 10.80 1.20 104
6.00 10.80 4.80 167
T28-21-1975-256 13.20 15.60 2.40 144
T28-21-1975-256bis 6.00 7.20 1.20 356
T28-21-1975-258 2.40 4.80 2.40 300
T28-21-1975-258bis 10.80 13.20 2.40 330
T28-21-1975-259 6.00 10.80 4.80 824
T28-21-1975-259bis 4.80 6.00 1.20 181
8.40 12.00 3.60 1,270
14.40 16.80 2.40 231
T28-21-1975-260bis 2.40 12.00 9.60 622
22.80 24.00 1.20 83
T28-21-1975-261bis 6.00 19.20 13.20 521
T28-21-2100-185bis 2.40 3.60 1.20 89
T28-21-2100-186bis 0.00 2.40 2.40 182
4.80 9.60 4.80 149
T28-21-2100-187 2.40 4.80 2.40 242
T28-21-2100-187bis 2.40 4.80 2.40 117
16.80 21.60 4.80 524
T28-21-2100-188 12.00 21.60 9.60 614
T28-21-2100-188bis 8.40 21.60 13.20 480
including 1.20 2,151
including 1.20 2,113
T28-21-2100-189 12.00 13.20 1.20 193
T28-21-2100-189bis 13.20 14.40 1.20 112
T28-21-2125-160 20.40 22.80 2.40 816
T28-21-2125-190 0.00 2.40 2.40 156
T28-21-2125-198 12.00 18.00 6.00 898
T28-21-2125-203 7.20 8.40 1.20 177
12.00 24.00 12.00 2,417
including 1.20 13,727
including 1.20 3,029
including 1.20 4,808
including 1.20 1,370
T28-21-2125-204 20.40 22.80 2.40 267
T28-21-2125-205 7.20 8.40 1.20 83
T28-21-2125-206 0.00 2.40 2.40 143
4.80 9.60 4.80 2,401
T28-21-2125-209 1.20 4.80 3.60 235
7.20 9.60 2.40 107
12.00 13.20 1.20 329
18.00 19.20 1.20 84
T28-21-2125-211 6.00 8.40 2.40 79
T28-21-2125-214 1.20 3.60 2.40 632
T28-21-2125-215 6.00 7.20 1.20 75
10.80 15.60 4.80 266
19.20 21.60 2.40 147
16.80 20.40 3.60 628
T28-21-2125-217 4.80 7.20 2.40 111
13.20 20.40 7.20 404
T28-21-2125-218 0.00 2.40 2.40 339
T28-21-2125-220 20.40 21.60 1.20 103
T28-21-2125-221 7.20 9.60 2.40 1,401
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.

 

 

 

Posted October 5, 2021

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