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Aya Gold & Silver Reports High-Grade Drill Results from Completed 2023 Drill Exploration Program at Boumadine

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Aya Gold & Silver Reports High-Grade Drill Results from Completed 2023 Drill Exploration Program at Boumadine

 

 

 

 

 

Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) is pleased to announce new high-grade drill exploration results from its 2023 completed program of 76,000 meters at Boumadine in the Kingdom of Morocco. The new results confirm the large, high-grade mineralized zones in the southern and northern portions of the Main Trend, which remains open in all directions.

 

Key Highlights1

  • Definition of new high-grade mineralization from the infill drilling program:
    • BOU-DD23-223 intersected 763 grams per tonne silver equivalent over 38.3 meters (1.53 g/t Au, 311 g/t Ag, 4.4% Zn, 1.8% Pb and 0.04% Cu), including 11.0m at 996 g/t AgEq
    • BOU-DD23-230 intersected 991 g/t AgEq over 17.6m (2.64 g/t Au, 247 g/t Ag, 7.7% Zn, 1.2% Pb and 0.3% Cu), including 3.7m at 1,662 g/t AgEq
    • BOU-DD23-248 intersected 1,136 g/t AgEq over 5.9m (5.94 g/t Au, 59 g/t Ag, 8.8% Zn, 1.0% Pb and 0.1% Cu)
    • BOU-DD23-220 intersected 575 g/t AgEq over 10.9m (1.77 g/t Au, 91 g/t Ag, 4.5% Zn, 1.7% Pb and 0.1% Cu), including 2.4m at 1,275 g/t AgEq
    • BOU-DD23-218 intersected 1,409 g/t AgEq over 4.2m (13.59 g/t Au, 115 g/t Ag, 0.1% Zn, 0.1% Pb and 0.1% Cu) and 978 g/t AgEq over 5.8m (9.21 g/t Au, 80 g/t Ag, 0.1% Zn, 0.1% Pb and 0.2% Cu)
    • BOU-DD23-251 intersected 531 g/t AgEq over 9.4m (2.66 g/t Au, 32 g/t Ag, 4.4% Zn, 0.2% Pb and 0.04% Cu), including 2.4m at 1,719 g/t AgEq

 

“Today’s high-grade drill results including BOU-DD23-223 in the south and BOU-DD23-218 in the north of the Main Trend confirm continuity and grade of the Main Trend at Boumadine,” said Benoit La Salle, President & CEO. “Infill drilling has decreased the spacings between drill holes to improve our confidence in grades and tonnages for the upcoming Q1-2024 mineral resource estimate, which will provide visibility on Boumadine’s potential for near-term value creation.”

______________________________
1 All intersections are in core lengths; Ag equivalent is based on a 100% recovery with the following ratios: 1g/t Au: 93.4 g/t Ag; 1% Cu: 130.4 g/t Ag; 1% Pb: 31.8 g/t Ag; 1% Zn: 54.1 g/t Ag

 

Table 1 – Significant Intercepts from Boumadine Drill Exploration Program (Core Lengths)

 

 

 DDH No. Section Zone From
(m)
To
(m)
Au
(g/t)
Ag
(g/t)
Length*
(m)
Cu
(%)
Pb
(%)
Zn
(%)
Mo
(g/t)
 Ag Eq**
(g/t)
BOU-DD23-208 6675N Main 129.9 139.4 1.60 35 9.5 0.2 0.1 0.4 35 231
Including 134.9 139.4 2.51 59 4.5 0.3 0.1 0.5 55 367
BOU-DD23-211 9150N Main 6.0 9.8 2.01 99 3.8 0.0 4.3 0.0 17 426
BOU-DD23-214 8850N Main 214.0 223.0 4.77 61 9.0 0.1 0.1 0.2 5 535
Including 216.2 221.5 6.61 90 5.3 0.2 0.1 0.3 6 749
BOU-DD23-218 8850N Para 244.3 247.5 14.72 19 3.2 0.0 0.2 0.1 4 1,411
BOU-DD23-218 8850N Para 252.6 256.8 13.59 115 4.2 0.1 0.1 0.1 3 1,409
BOU-DD23-218 8850N Para 261.2 275.1 1.22 30 13.9 0.0 0.0 0.1 5 153
Including 272.3 274.0 5.89 119 1.7 0.2 0.1 0.1 13 698
BOU-DD23-218 8850N Main 280.3 286.1 9.21 80 5.8 0.2 0.1 0.1 8 978
Including 280.3 284.3 13.05 108 4.0 0.3 0.1 0.2 8 1,377
BOU-DD23-218 8850N Para 290.0 302.0 1.98 58 12.0 0.1 0.1 0.2 8 265
Including 292.1 297.4 3.50 107 5.3 0.1 0.1 0.1 11 459
BOU-DD23-218 8850N Para 333.1 334.3 0.03 1026 1.2 0.0 0.0 0.0 1 1,031
BOU-DD23-220 6575N Main 105.0 115.9 1.77 91 10.9 0.1 1.7 4.5 133 575
Including 112.3 114.7 6.26 261 2.4 0.3 1.2 6.6 16 1,275
BOU-DD23-220 6575N Para 133.4 136.8 0.89 76 3.4 0.3 2.5 7.0 7 649
BOU-DD23-221 6575N Main 225.5 239.0 1.07 12 13.5 0.0 0.2 0.3 4 136
BOU-DD23-223 6525N Main 131.6 169.9 1.53 311 38.3 0.0 1.8 4.4 101 763
Including 144.9 155.9 2.34 494 11.0 0.1 1.9 3.9 36 996
BOU-DD23-223 6525N Para 239.5 247.0 0.46 94 7.5 0.0 0.2 0.7 35 192
BOU-DD23-225 9325N Para 47.4 53.7 1.44 54 6.3 0.0 0.9 5.3 12 508
Including 50.8 53.7 2.88 86 2.9 0.0 1.0 9.9 21 927
BOU-DD23-225 9325N Main 73.2 77.4 2.70 21 4.2 0.1 0.3 3.2 16 465
Including 75.2 77.4 4.72 31 2.2 0.1 0.3 4.5 16 738
BOU-DD23-226 9325N Main 182.8 186.7 1.26 35 3.9 0.1 1.5 4.7 8 466
Including 184.5 185.7 3.33 53 1.2 0.1 1.8 9.5 14 951
BOU-DD23-226 9325N Para 197.0 198.1 7.73 47 1.1 0.3 0.5 0.5 8 852
BOU-DD23-227 9325N Main 259.7 268.3 3.34 18 8.6 0.1 0.1 0.5 6 369
Including 263.5 268.3 5.42 21 4.8 0.1 0.1 0.1 7 545
BOU-DD23-228 6300N Main 267.2 276.1 1.99 81 8.9 0.0 1.0 3.4 59 488
Including 267.7 273.0 3.09 119 5.3 0.0 1.5 4.7 87 715
BOU-DD23-229 6525N Para 111.9 116.0 1.60 175 4.1 0.1 1.9 7.3 259 810
BOU-DD23-230 6575N Main 166.6 184.2 2.64 247 17.6 0.3 1.2 7.7 86 991
Including 177.6 181.3 2.91 651 3.7 0.1 3.2 11.5 106 1,662
BOU-DD23-230 6575N Para 188.2 202.3 2.78 97 14.1 0.2 0.4 6.5 31 755
BOU-DD23-231 5375N Main 582.0 585.7 0.96 110 3.7 0.0 0.6 2.4 339 371
BOU-DD23-232 7825N Main 426.4 431.8 3.91 18 5.4 0.1 0.1 0.1 2 402
Including 426.4 427.7 10.72 49 1.3 0.2 0.1 0.2 2 1,092
BOU-DD23-234 6575N Main 310.6 317.3 1.40 19 6.7 0.1 0.3 4.5 1 407
Including 315.0 316.3 4.78 41 1.3 0.2 0.4 18.4 2 1,518
BOU-DD23-238 7825N Para 216.0 217.8 1.59 47 1.8 0.1 3.7 3.5 10 517
BOU-DD23-244 6450N Para 64.0 70.4 1.06 49 6.4 0.0 0.7 2.0 131 287
BOU-DD23-244 6450N Para 112.8 120.6 0.71 62 7.8 0.0 0.2 1.3 196 216
BOU-DD23-244 6450N Para 134.6 145.4 0.41 41 10.8 0.0 0.8 1.2 361 190
BOU-DD23-244 6450N Main 148.5 155.1 0.52 56 6.6 0.0 0.9 2.6 298 295
Including 150.5 152.1 1.19 187 1.6 0.0 2.5 9.0 946 925
BOU-DD23-245 6450N Para 106.0 111.0 0.05 17 5.0 1.5 0.4 1.5 70 312
BOU-DD23-245 6450N Main 198.4 206.5 0.73 122 8.1 0.0 2.3 4.7 68 524
Including 198.4 200.2 1.83 299 1.8 0.1 4.8 13.1 269 1,355
BOU-DD23-245 6450N Para 217.5 226.5 0.86 6 9.0 0.0 0.3 0.3 2 112
BOU-DD23-248 6450N Main 329.5 335.4 5.94 59 5.9 0.1 1.0 8.8 23 1,136
BOU-DD23-249 5800N Main 598.7 601.8 4.19 48 3.1 0.1 0.1 2.5 12 587
BOU-DD23-249 5800N Para 693.1 695.5 2.18 57 2.4 0.0 0.7 7.3 10 680
BOU-DD23-250 5800N Para 236.7 239.7 3.34 1 3.0 0.0 0.0 0.0 5 316
BOU-DD23-250 5800N Main 377.7 384.0 1.44 49 6.3 0.1 0.1 0.5 12 225
BOU-DD23-250 5800N Para 448.8 455.5 1.02 25 6.7 0.1 0.1 0.4 12 155
BOU-DD23-251 6450N Main 345.9 355.3 2.66 32 9.4 0.0 0.2 4.4 14 531
Including 346.4 348.8 7.99 91 2.4 0.1 0.3 15.8 19 1,719
BOU-DD23-254 7650N Main 241.4 243.4 5.63 61 2.0 0.3 0.2 1.4 6 703

 

 *    True width remains undetermined at this stage; all values are uncut.
**   Ag equivalent is based on a 100% recovery with the following ratio: 1 g/t Au: 93.4 g/t Ag; 1% Cu:130.4 Ag; 1% Pb: 31.8 Ag;
       1% Zn: 54.1 Ag.

 

2023 Exploration Results

 

For 2023, 197 diamond drill holes for 74,295m were completed at Boumadine (Figure 1 and Appendix 2) with the remaining meterage of the 76,000m were completed in the first week of January 2024. Infill drilling was conducted on strike along the Main Trend (South, Central, and North Zones) while exploration drilling also targeted the North-West, Tizi and North-East Zones.

 

The majority of results have been received for drill holes up to BOU-DD23-255 (Table 1, Figure 3, Figure 4, and Appendix 1).

 

Results received since November 2023 confirm the high grade of the southern infill sections of the Main Trend, notably with holes BOU-DD23-223 and BOU-DD23-230 intersecting large, mineralized zones.

 

The main mineralization generally consists of 1m to 4m wide (locally reaching over a 10m width) N340- oriented massive sulphide lenses/veins sharply dipping eastward (> 70°). The massive sulphide veins (>80%) are mainly composed of pyrite, with variable proportions of sphalerite, galena, and chalcopyrite. Figure 3 presents the results of the Boumadine Main Zone on a longitudinal section along the deposit, defining ore shoots shallowly dipping toward south, in both the Central and South Zones.

 

Next Steps

 

Following completion of the 2023 drilling program, the Corporation expects to publish an NI 43-101 compliant resource by the end of Q1-2024.

 

The 2024 drill program is already underway, a portion of which will continue extending the strike-length of the Boumadine Main Trend but with a primary focus on exploring targets outside of the Main Trend. Final numbers will be announced later in Q1.

 

Fieldwork commenced on the new permits in 2024 with a hyperspectral survey, mapping and prospecting. High resolution airborne geophysics (magnetics and MobileMT) is expected to begin later in Q1.

 

Technical Information

 

Aya has implemented a quality control program to comply with best practices in sampling and analysis of drill core. Drill core samples were transported in sealed bags for analysis at Afrilab laboratory in Marrakech. Standards of different grades and blanks were inserted every 20 samples in addition to the standards, blanks and pulp duplicate inserted by Afrilab.

 

Qualified Person

 

The scientific and technical information contained in this press release have been reviewed by David Lalonde, B. Sc, Head of Exploration, Qualified Person, 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 maximizes shareholder value by anchoring sustainability at the heart of its production, resource, governance, and financial growth plans.

 

Appendix 1 – Full Drill Results from Boumadine (core lengths) 

 

DDH No. Section Zone From
(m)
To
(m)
Au
(g/t)
Ag
(g/t)
Length*
(m)
Cu
(%)
Pb
(%)
Zn
(%)
Mo
(g/t)
 Ag Eq**
(g/t)
BOU-DD23-170 8025N Para 8.5 9.6 0.27 45 1.1 0.0 0.0 0.8 1 118
BOU-DD23-199 8275N Para 28.6 29.1 0.22 35 0.5 0.0 0.2 0.4 7 84
BOU-DD23-199 8275N Para 124.2 125.4 0.25 32 1.2 0.0 0.7 0.4 1 100
BOU-DD23-199 8275N Para 154.9 155.5 0.81 51 0.6 0.0 0.5 6.2 5 481
BOU-DD23-199 8275N Para 222.1 224.3 1.38 21 2.2 0.0 0.5 1.0 6 222
BOU-DD23-199 8275N Main 255.0 255.8 0.19 12 0.8 0.0 0.5 1.0 235 112
BOU-DD23-199 8275N Para 340.6 341.3 1.99 23 0.7 0.1 0.3 0.6 4 260
BOU-DD23-199 8275N Para 365.6 366.1 0.33 40 0.5 0.0 0.6 1.2 5 154
BOU-DD23-199 8275N Para 380.6 382.8 1.83 25 2.2 0.0 0.2 3.3 11 383
BOU-DD23-199 8275N Para 436.8 437.4 0.76 16 0.6 0.0 0.1 1.6 8 180
BOU-DD23-199 8275N Para 441.4 442.0 0.70 32 0.6 0.0 0.3 2.7 12 255
BOU-DD23-204 8375N Para 7.8 9.0 0.59 32 1.2 0.0 0.3 0.5 7 127
BOU-DD23-204 8375N Para 74.2 74.8 1.19 28 0.6 0.0 0.4 0.9 12 203
BOU-DD23-204 8375N Para 367.2 368.5 0.54 16 1.3 0.1 0.2 0.3 1 97
BOU-DD23-204 8375N Main 373.8 375.0 1.92 68 1.2 0.3 0.2 0.6 1 323
BOU-DD23-204 8375N Para 428.3 429.9 2.38 79 1.6 0.3 0.9 1.6 3 460
BOU-DD23-205 8850N Main 118.7 120.2 0.20 60 1.5 0.0 2.4 4.8 15 422
BOU-DD23-205 8850N Para 415.0 415.9 0.56 24 0.9 0.0 0.1 0.1 10 85
BOU-DD23-206 6100N NSR 0.0 207.0 0.00 0 207.0 0.0 0.0 0.0 0 0
BOU-DD23-207 6675N Para 64.4 65.4 0.74 16 1.0 0.0 0.1 0.1 12 92
BOU-DD23-207 6675N Para 68.4 69.6 0.73 8 1.2 0.0 0.1 0.2 8 89
BOU-DD23-207 6675N Main 76.1 78.0 0.28 44 1.9 0.1 0.1 0.1 4 89
BOU-DD23-207 6675N Para 92.4 93.1 0.44 19 0.7 0.1 0.1 0.1 7 80
BOU-DD23-207 6675N Para 95.9 96.4 0.21 32 0.5 0.1 0.3 0.2 4 86
BOU-DD23-207 6675N Para 146.5 148.7 1.36 27 2.2 0.0 0.6 1.3 27 249
BOU-DD23-207 6675N Para 356.4 358.1 0.70 8 1.7 0.0 0.1 0.0 2 78
BOU-DD23-207 6675N Para 360.8 362.7 0.83 1 1.9 0.0 0.0 0.0 6 82
BOU-DD23-207 6675N Para 365.1 365.8 0.47 20 0.7 0.0 0.1 0.0 7 71
BOU-DD23-207 6675N Para 367.9 369.0 0.66 48 1.1 0.0 1.4 0.7 5 192
BOU-DD23-207 6675N Para 370.0 370.6 0.42 33 0.6 0.0 0.4 2.9 5 244
BOU-DD23-207 6675N Para 417.8 418.4 0.18 60 0.6 0.0 0.7 1.2 198 173
BOU-DD23-207 6675N Para 449.2 449.8 0.56 32 0.6 0.0 0.3 0.5 1 124
BOU-DD23-208 6675N Para 119.4 120.4 1.42 29 1.0 0.1 0.2 0.1 5 190
BOU-DD23-208 6675N Para 125.8 126.8 0.65 28 1.0 0.0 0.0 0.7 3 132
BOU-DD23-208 6675N Main 129.9 139.4 1.60 35 9.5 0.2 0.1 0.4 35 231
Including 134.9 139.4 2.51 59 4.5 0.3 0.1 0.5 55 367
BOU-DD23-208 6675N Para 239.0 243.5 0.51 9 4.5 0.0 0.0 0.1 7 66
BOU-DD23-208 6675N Para 247.5 248.5 0.69 4 1.0 0.0 0.0 0.0 2 72
BOU-DD23-208 6675N Para 250.5 252.1 0.65 9 1.6 0.0 0.0 0.1 5 76
BOU-DD23-209 6100N Para 163.3 165.6 0.69 36 2.3 0.0 0.0 0.0 23 107
BOU-DD23-209 6100N Main 170.5 171.3 1.77 65 0.8 0.1 0.1 0.3 35 258
BOU-DD23-209 6100N Para 173.7 174.2 1.68 39 0.5 0.0 0.1 0.2 31 214
BOU-DD23-209 6100N Para 213.5 217.5 0.34 72 4.0 0.0 0.9 0.8 57 180
BOU-DD23-209 6100N Para 240.0 240.5 0.21 36 0.5 0.0 0.3 4.6 1 316
BOU-DD23-210 6100N Para 221.8 222.8 0.63 8 1.0 0.0 0.0 0.0 64 73
BOU-DD23-210 6100N Main 390.6 391.6 0.11 4 1.0 0.0 0.0 0.0 7 18
BOU-DD23-210 6100N Para 575.6 576.2 0.33 16 0.6 0.0 0.1 0.1 2 56
BOU-DD23-210 6100N Para 580.3 581.4 0.67 4 1.1 0.0 0.0 0.0 1 68
BOU-DD23-210 6100N Para 585.6 586.6 0.55 8 1.0 0.0 0.0 0.0 1 62
BOU-DD23-211 9150N Main 6.0 9.8 2.01 99 3.8 0.0 4.3 0.0 17 426
BOU-DD23-211 9150N Para 18.0 18.8 0.96 44 0.8 0.0 0.3 0.0 13 147
BOU-DD23-211 9150N Para 103.8 104.9 0.03 65 1.1 0.0 0.3 0.3 3 95
BOU-DD23-211 9150N Para 140.6 143.0 1.20 26 2.4 0.0 0.2 1.0 6 200
BOU-DD23-212 6675N Main 182.4 183.4 0.99 13 1.0 0.0 1.3 0.6 11 181
BOU-DD23-212 6675N Para 189.4 190.3 0.03 61 0.9 0.1 0.1 0.6 21 109
BOU-DD23-213 6675N Main 270.4 271.5 0.03 66 1.1 0.1 0.0 0.0 2 77
BOU-DD23-214 8850N Para 146.6 147.6 0.97 12 1.0 0.0 0.3 0.5 23 143
BOU-DD23-214 8850N Para 200.2 201.2 0.14 60 1.0 0.1 0.1 0.1 8 88
BOU-DD23-214 8850N Main 214.0 223.0 4.77 61 9.0 0.1 0.1 0.2 5 535
Including 216.2 221.5 6.61 90 5.3 0.2 0.1 0.3 6 749
BOU-DD23-214 8850N Para 224.0 226.0 0.52 10 2.0 0.0 0.0 0.3 5 76
BOU-DD23-214 8850N Para 228.9 229.4 2.13 56 0.5 0.1 0.4 5.3 25 571
BOU-DD23-215 9150N Para 39.6 40.8 0.48 20 1.2 0.0 0.2 1.0 12 125
BOU-DD23-215 9150N Main 179.9 181.0 0.35 1 1.1 0.0 0.1 0.5 6 66
BOU-DD23-215 9150N Para 276.8 277.6 0.46 24 0.8 0.0 0.3 0.2 3 88
BOU-DD23-215 9150N Para 280.1 280.7 0.54 39 0.6 0.0 0.1 0.1 1 100
BOU-DD23-215 9150N Para 294.8 297.6 1.38 22 2.8 0.0 0.5 0.9 5 217
BOU-DD23-215 9150N Para 307.3 308.2 1.31 29 0.9 0.0 0.1 0.0 8 155
BOU-DD23-216 6100N Para 296.0 297.2 0.59 4 1.2 0.0 0.0 0.0 1 62
BOU-DD23-216 6100N Para 299.6 300.8 0.47 4 1.2 0.0 0.0 0.0 1 50
BOU-DD23-216 6100N Main 483.1 485.5 1.25 32 2.4 0.2 0.3 0.1 22 194
BOU-DD23-216 6100N Para 531.9 532.4 0.94 60 0.5 0.1 5.2 1.3 3 390
BOU-DD23-216 6100N Para 559.0 559.8 0.51 16 0.8 0.2 0.3 0.3 10 110
BOU-DD23-217 9150N Para 47.2 48.4 0.64 8 1.2 0.0 0.1 0.2 7 83
BOU-DD23-217 9150N Para 220.4 220.9 1.03 39 0.5 0.1 0.6 7.8 19 593
BOU-DD23-217 9150N Para 226.6 227.8 0.94 49 1.2 0.0 0.1 0.6 18 174
BOU-DD23-217 9150N Main 232.9 233.5 6.92 58 0.6 0.1 1.0 2.8 7 895
BOU-DD23-217 9150N Para 310.8 312.2 1.49 66 1.4 0.0 0.1 0.0 6 214
BOU-DD23-217 9150N Para 313.2 314.3 0.25 24 1.1 0.0 0.1 0.0 1 55
BOU-DD23-217 9150N Para 327.5 328.0 2.02 96 0.5 0.0 1.1 3.3 5 502
BOU-DD23-217 9150N Para 337.3 337.8 1.28 84 0.5 0.0 0.1 0.0 9 211
BOU-DD23-218 8850N Para 226.3 227.1 0.86 13 0.8 0.0 0.4 2.2 1 226
BOU-DD23-218 8850N Para 238.6 239.7 0.57 12 1.1 0.0 0.1 0.4 5 91
BOU-DD23-218 8850N Para 244.3 247.5 14.72 19 3.2 0.0 0.2 0.1 4 1,411
BOU-DD23-218 8850N Para 250.6 251.6 0.53 8 1.0 0.0 0.0 0.3 1 76
BOU-DD23-218 8850N Para 252.6 256.8 13.59 115 4.2 0.1 0.1 0.1 3 1,409
BOU-DD23-218 8850N Para 257.8 258.7 0.43 28 0.9 0.0 0.1 0.1 8 78
BOU-DD23-218 8850N Para 261.2 275.1 1.22 30 13.9 0.0 0.0 0.1 5 153
Including 272.3 274.0 5.89 119 1.7 0.2 0.1 0.1 13 698
BOU-DD23-218 8850N Main 280.3 286.1 9.21 80 5.8 0.2 0.1 0.1 8 978
Including 280.3 284.3 13.05 108 4.0 0.3 0.1 0.2 8 1,377
BOU-DD23-218 8850N Para 290.0 302.0 1.98 58 12.0 0.1 0.1 0.2 8 265
Including 292.1 297.4 3.50 107 5.3 0.1 0.1 0.1 11 459
BOU-DD23-218 8850N Para 303.0 304.0 0.38 12 1.0 0.0 0.0 0.6 8 82
BOU-DD23-218 8850N Para 333.1 334.3 0.03 1026 1.2 0.0 0.0 0.0 1 1,031
BOU-DD23-219 9150N Para 278.6 279.1 0.42 44 0.5 0.0 0.4 0.1 9 103
BOU-DD23-219 9150N Para 281.1 282.2 1.78 33 1.1 0.1 0.3 1.2 1 282
BOU-DD23-219 9150N Para 286.3 288.4 1.72 69 2.1 0.1 0.1 0.0 4 242
BOU-DD23-219 9150N Para 294.4 299.0 1.19 17 4.6 0.1 0.1 0.2 3 152
BOU-DD23-219 9150N Para 309.1 310.2 0.54 4 1.1 0.0 0.0 0.0 1 59
BOU-DD23-219 9150N Para 309.1 311.3 0.54 4 2.2 0.0 0.0 0.0 2 58
BOU-DD23-219 9150N Para 312.4 313.6 0.49 1 1.2 0.0 0.0 0.0 1 49
BOU-DD23-219 9150N Para 314.5 315.6 0.52 4 1.1 0.0 0.1 0.2 2 65
BOU-DD23-219 9150N Para 325.0 325.5 1.27 12 0.5 0.0 0.1 0.0 1 136
BOU-DD23-219 9150N Para 332.5 334.5 0.65 12 2.0 0.0 0.1 0.1 1 81
BOU-DD23-219 9150N Para 337.1 337.9 2.09 27 0.8 0.1 1.0 5.1 1 544
BOU-DD23-219 9150N Para 369.0 370.0 0.33 16 1.0 0.0 0.3 0.5 12 83
BOU-DD23-219 9150N Main 371.9 377.2 0.95 17 5.3 0.0 0.1 0.5 6 137
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BOU-DD23-250 5800N Para 226.0 228.0 0.81 4 2.0 0.0 0.1 0.0 5 85
BOU-DD23-250 5800N Para 229.0 230.0 0.58 1 1.0 0.0 0.0 0.0 3 58
BOU-DD23-250 5800N Para 236.7 239.7 3.34 1 3.0 0.0 0.0 0.0 5 316
BOU-DD23-250 5800N Para 326.8 327.8 0.71 40 1.0 0.0 0.1 0.0 82 116
BOU-DD23-250 5800N Para 373.7 374.7 0.45 8 1.0 0.0 0.0 0.0 5 54
BOU-DD23-250 5800N Main 377.7 384.0 1.44 49 6.3 0.1 0.1 0.5 12 225
BOU-DD23-250 5800N Para 411.0 411.9 0.31 24 0.9 0.0 0.0 0.1 18 62
BOU-DD23-250 5800N Para 420.1 421.1 0.22 36 1.0 0.0 0.4 2.2 20 192
BOU-DD23-250 5800N Para 448.8 455.5 1.02 25 6.7 0.1 0.1 0.4 12 155
BOU-DD23-250 5800N Para 508.9 509.5 0.67 32 0.6 0.2 0.1 0.0 5 121
BOU-DD23-251 6450N Para 262.0 263.0 0.03 44 1.0 0.0 0.0 0.0 1 49
BOU-DD23-251 6450N Para 278.6 279.4 0.03 51 0.8 0.0 0.0 0.0 12 59
BOU-DD23-251 6450N Main 345.9 355.3 2.66 32 9.4 0.0 0.2 4.4 14 531
Including 346.4 348.8 7.99 91 2.4 0.1 0.3 15.8 19 1,719
BOU-DD23-251 6450N Para 431.4 432.1 6.65 139 0.7 0.4 0.1 0.0 1 818
BOU-DD23-251 6450N Para 439.1 439.8 0.50 24 0.7 0.1 0.1 0.0 1 82
BOU-DD23-252 5800N Main 204.5 207.4 0.63 58 2.9 0.0 0.7 1.1 230 210
BOU-DD23-252 5800N Para 258.0 261.0 0.04 164 3.0 0.0 0.1 0.1 2 179
BOU-DD23-253 7650N Para 203.0 204.0 1.01 106 1.0 0.7 0.4 0.1 4 312
BOU-DD23-253 7650N Main 281.0 283.5 0.52 24 2.5 0.0 0.3 0.5 1 110
BOU-DD23-254 7650N Para 162.1 162.7 0.62 24 0.6 0.0 0.3 1.2 6 158
BOU-DD23-254 7650N Para 220.9 221.5 0.53 16 0.6 0.1 2.6 2.6 5 306
BOU-DD23-254 7650N Main 241.4 243.4 5.63 61 2.0 0.3 0.2 1.4 6 703
BOU-DD23-254 7650N Para 269.3 270.1 0.51 12 0.8 0.1 0.3 0.5 3 101

 

*     True width remains undetermined at this stage; all values are uncut.
**   Ag equivalent is based on a 100% recovery with the following ratio; 1 g/t Au: 93.4 g/t Ag; 1% Cu: 130.4 Ag; 1% Pb: 31.8 Ag;
       1% Zn: 54.1 Ag.

 

 

Appendix 2 – New Drillhole Coordinates of 2023 Boumadine Exploration Program (completed holes)

 

 

DDH No. Easting Northing Elevation Azimuth Dip Length (m)
BOU-DD23-245 317 112 3 474 649 1 270 70 -50 252.4
BOU-DD23-246 317 456 3 476 055 1 215 250 -50 640.1
BOU-DD23-247 317 071 3 474 635 1 265 70 -50 348.7
BOU-DD23-248 317 034 3 474 621 1 261 70 -50 400.9
BOU-DD23-249 317 202 3 473 992 1 270 70 -50 768.0
BOU-DD23-250 317 285 3 474 022 1 262 70 -50 515.0
BOU-DD23-251 316 997 3 474 609 1 259 70 -50 465.4
BOU-DD23-252 317 359 3 474 049 1 268 70 -50 368.4
BOU-DD23-253 317 387 3 476 031 1 217 250 -50 515.6
BOU-DD23-254 317 315 3 476 006 1 221 250 -50 433.5
BOU-DD23-255 317 431 3 474 075 1 277 70 -50 211.7
BOU-DD23-256 317 626 3 473 723 1 278 70 -50 400.6
BOU-DD23-257 315 153 3 476 030 1 283 270 -50 211.0
BOU-DD23-258 315 407 3 476 030 1 263 270 -50 584.0
BOU-DD23-259 317 949 3 477 049 1 195 135 -50 370.0
BOU-DD23-260 314 739 3 478 150 1 228 290 -50 204.2
BOU-DD23-261 315 198 3 476 030 1 288 270 -50 150.5
BOU-DD23-262 314 821 3 478 120 1 230 290 -50 366.2
BOU-DD23-263 317 891 3 477 108 1 193 135 -50 427.1
BOU-DD23-264 317 834 3 477 160 1 192 135 -50 564.1
BOU-DD23-265 317 182 3 477 244 1 205 250 -50 609.7
BOU-DD23-266 315 238 3 476 030 1 283 270 -50 162.0
BOU-DD23-267 314 569 3 477 999 1 239 110 -50 219.7
BOU-DD23-268 315 324 3 476 030 1 270 270 -50 159.3
BOU-DD23-269 315 281 3 476 030 1 277 270 -50 207.1
BOU-DD23-270 317 066 3 477 511 1 201 250 -50 710.0
BOU-DD23-271 314 906 3 478 089 1 235 290 -50 498.2
BOU-DD23-272 315 310 3 477 763 1 278 270 -50 189.4
BOU-DD23-273 317 109 3 477 527 1 200 250 -50 176.8
BOU-DD23-274 317 152 3 477 543 1 200 250 -50 246.0
BOU-DD23-275 314 499 3 478 024 1 231 110 -50 307.3
BOU-DD23-276 315 350 3 477 763 1 276 270 -50 200.9
BOU-DD23-277 315 392 3 477 763 1 273 270 -50 275.7
BOU-DD23-278 317 194 3 477 558 1 198 250 -50 284.8
BOU-DD23-279 315 440 3 477 763 1 278 270 -50 243.9
BOU-DD23-280 315 482 3 477 763 1 276 270 -50 288.1
BOU-DD23-281 314 432 3 478 049 1 221 110 -50 449.8
BOU-DD23-282 315 522 3 477 763 1 268 270 -50 500.6

 


Figure 1 – Surface Plan of Boumadine Property with Magnetic Data (Residual Total Field) and 2023 Drill Holes (CNW Group/Aya Gold & Silver Inc)

 

 


Figure 2 – Longitudinal View of Boumadine Main Zone (CNW Group/Aya Gold & Silver Inc)

 

 


Figure 3 – Surface Plan of Central & North Zones with New 2023 DDH Results (CNW Group/Aya Gold & Silver Inc)

 

 


Figure 4 – Surface Plan of South Zones with New 2023 DDH Results (CNW Group/Aya Gold & Silver Inc)

 

Posted January 21, 2024

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