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Aya Gold & Silver Reports High-Grade Results, Extending Mineralization to 4.2km at Boumadine

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Aya Gold & Silver Reports High-Grade Results, Extending Mineralization to 4.2km at Boumadine

 

 

 

 

 

Adds New Exploration Permit at Boumadine

 

Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) is pleased to announce new high-grade exploration drill results at Boumadine and acquisition of a new adjacent exploration permit at Boumadine in the Kingdom of Morocco. The new results extend the main mineralized trend by 400 meters and continue to demonstrate continuity of the Boumadine Main Zone. The north area returned high-grade intersections, which expand the mineralization both at depth and to the north, with section 5400N to the south extending Boumadine Main trend as well. The Main Zone remains open in all directions.

 

Key Highlights1

  • Definition of new high-grade mineralization and extension of the South Zone. The Main Zone now has an open-ended strike length of over 4.2 kilometres.
    • BOU-DD23-143 intersected 1,410 grams per tonne silver equivalent over 9.3 meters (12.34 g/t Au, 94 g/t Ag, 2.5% Zn, 0.4% Pb and 0.1% Cu) including 6.1m at 1,796 g/t AgEq
    • BOU-DD23-161 intersected 664 g/t AgEq over 8.4m (4.72 g/t Au, 122 g/t Ag, 1.1% Zn, 0.2% Pb and 0.3% Cu), including 3.9m at 1,280 g/t AgEq and 3.2m at 933 g/t AgEq
    • BOU-DD23-168 intersected 698 g/t AgEq over 7.8m (4.36 g/t Au, 97 g/t Ag, 2.4% Zn, 1.3% Pb and 0.2% Cu), including 3.0m at 1,336 g/t AgEq
    • BOU-DD23-152 intersected 928 g/t AgEq over 5.9m (7.42 g/t Au, 153 g/t Ag, 0.3% Zn, 1.7% Pb and 0.1% Cu), including 4.9m at 1,056 g/t AgEq
    • BOU-DD23-162 intersected 748 g/t AgEq over 7.2m (6.39 g/t Au, 82 g/t Ag, 0.8% Zn, 0.4% Pb and 0.1% Cu), including 1.3m at 1,661 g/t AgEq and 3.2m at 933 g/t AgEq
    • BOU-DD23-148 intersected 456 g/t AgEq over 10.4m (2.63 g/t Au, 64 g/t Ag, 2.4% Zn, 0.1% Pb and 0.1% Cu), including 2.3m at 1,195 g/t AgEq
  • Acquisition of a 16 km² exploration permit east of Boumadine as part of a reallocation of exploration permits by the Moroccan Directorate of Mines.
  • A video of the Boumadine property showing drilling results to August 2023 can be viewed here.

 

“Today’s high-grade drill results at Boumadine confirm the continuity and extension of the mineralized footprint of the Main Zone in every direction,” said Benoit La Salle, President & CEO. “We have completed 61% of our expanded drill exploration program and as the new Boumadine video shows, extended the Boumadine strike length by over 55% to 4.2 kilometers in the past 12 months. We have also added prime exploration ground nearby and continue to consolidate and drill the property, which will deliver value for all stakeholders.”

 

_____________________________
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 From
(m)
To
(m)
Au
(g/t)
Ag
(g/t)
Length*
(m)
Cu
(%)
Pb
(%)
Zn
(%)
Mo
(g/t)
Ag Eq**
(g/t)
BOU-DD23-126 7000N 297.5 298.1 21.67 37 0.6 0.2 0.1 0.0 3 2083
BOU-DD23-138 8775N 79.3 90.0 1.49 35 10.7 0.1 0.3 1.3 12 266
Including 86.7 89.0 5.14 90 2.3 0.2 0.7 4.1 30 839
BOU-DD23-139 7925N 251.9 253.0 9.60 29 1.1 0.0 0.2 0.9 6 985
BOU-DD23-139 7925N 251.9 253.8 6.36 23 1.9 0.0 0.4 0.8 7 675
BOU-DD23-139 7925N 512.3 521.1 2.45 20 8.8 0.1 0.1 0.2 4 279
Including 512.3 514.7 6.66 37 2.4 0.1 0.3 0.2 5 698
BOU-DD23-140 8775N 36.7 43.0 0.66 34 6.3 0.0 0.4 3.9 6 321
Including 37.8 38.4 2.80 126 0.6 0.1 2.0 26.2 6 1875
BOU-DD23-140 8775N 50.3 52.5 3.04 71 2.2 0.0 0.4 6.7 70 737
BOU-DD23-140 8775N 75.0 78.4 1.15 43 3.4 0.0 0.7 2.7 51 324
BOU-DD23-140 8775N 145.4 147.8 3.13 123 2.4 0.2 0.3 1.1 13 515
BOU-DD23-141 7550N 184.3 186.8 2.85 39 2.5 0.3 0.6 0.3 10 384
BOU-DD23-143 8775N 32.6 36.6 3.11 106 4.0 0.0 0.8 0.0 20 427
BOU-DD23-143 8775N 46.6 58.0 0.84 68 11.4 0.0 0.5 1.8 34 263
Including 55.1 57.0 3.43 68 1.9 0.0 1.1 5.6 34 732
BOU-DD23-143 8775N 131.9 140.7 0.96 27 8.8 0.1 0.7 4.5 48 397
Including 137.0 138.2 3.21 44 1.2 0.1 0.5 7.6 50 779
BOU-DD23-143 8775N 199.4 205.7 0.51 30 6.3 0.0 1.6 3.0 21 294
BOU-DD23-143 8775N 214.6 223.9 12.34 94 9.3 0.1 0.4 2.5 26 1410
Including 217.2 223.3 16.04 122 6.1 0.2 0.3 2.6 27 1796
BOU-DD23-143 8775N 267.3 270.4 1.55 71 3.1 0.4 1.3 0.4 15 336
Including 267.3 268.7 3.08 128 1.4 0.9 2.2 0.7 19 645
BOU-DD23-143 8775N 299.9 303.4 4.31 56 3.5 0.1 0.5 0.0 112 497
Including 299.9 301.3 8.93 83 1.4 0.3 0.7 0.0 217 986
BOU-DD23-146 8775N 169.0 171.1 1.06 86 2.1 0.1 4.9 8.3 19 802
BOU-DD23-146 8775N 326.2 329.5 3.89 69 3.3 0.1 0.4 1.8 21 554
Including 326.2 328.3 5.44 82 2.1 0.1 0.3 1.6 23 704
BOU-DD23-148 8125N 215.4 225.8 2.63 64 10.4 0.1 0.1 2.4 7 456
Including 221.5 223.8 5.50 182 2.3 0.2 0.3 8.5 3 1195
BOU-DD23-152 8775N 195.3 197.6 1.05 88 2.3 0.1 3.7 6.4 8 660
BOU-DD23-152 8775N 207.8 213.7 1.02 123 5.9 0.0 3.5 5.7 7 645
BOU-DD23-152 8775N 270.1 276.0 7.42 153 5.9 0.1 1.7 0.3 14 928
Including 270.1 275.0 8.52 175 4.9 0.1 2.0 0.2 12 1056
BOU-DD23-152 8775N 350.7 352.7 5.12 89 2.0 0.5 0.4 0.5 18 666
BOU-DD23-155 8325N 30.2 33.5 2.71 275 3.3 0.1 1.5 9.4 103 1103
BOU-DD23-156 8675N 101.6 114.3 1.49 36 12.7 0.1 0.5 1.7 15 297
Including 101.6 103.0 5.96 110 1.4 0.5 0.5 2.2 13 872
BOU-DD23-157 8125N 254.3 256.1 4.37 69 1.8 0.3 0.1 0.4 23 543
BOU-DD23-158 8325N 113.9 117.2 1.87 44 3.3 0.1 0.9 8.4 6 720
BOU-DD23-158 8325N 168.9 171.0 3.68 31 2.1 0.1 0.5 0.6 6 432
BOU-DD23-160 8675N 27.4 29.7 1.56 233 2.3 0.1 1.0 8.9 35 902
BOU-DD23-160 8675N 39.9 41.6 1.56 151 1.7 0.0 2.3 10.7 19 954
BOU-DD23-160 8675N 162.8 165.7 2.31 135 2.9 0.2 0.8 1.3 11 468
BOU-DD23-161 8325N 186.9 195.3 4.72 122 8.4 0.3 0.2 1.1 6 664
Including 190.4 194.3 8.81 248 3.9 0.5 0.5 2.3 6 1280
BOU-DD23-162 8675N 66.2 70.8 1.06 52 4.6 0.0 0.1 2.5 237 308
BOU-DD23-162 8675N 80.9 88.8 0.92 74 7.9 0.0 0.3 1.5 119 260
Including 81.8 85.7 1.16 132 3.9 0.0 0.6 2.6 175 414
BOU-DD23-162 8675N 114.9 120.4 0.27 70 5.5 0.0 0.9 6.0 5 450
BOU-DD23-162 8675N 128.3 129.9 2.57 112 1.6 0.2 4.4 22.2 8 1712
BOU-DD23-162 8675N 190.6 194.8 2.00 205 4.2 0.2 0.2 0.2 4 437
BOU-DD23-162 8675N 237.2 244.4 6.39 82 7.2 0.1 0.4 0.8 8 748
Including 238.4 239.7 14.04 214 1.3 0.3 0.6 1.5 15 1661
Including 241.2 244.4 8.09 81 3.2 0.1 0.5 1.2 9 933
BOU-DD23-164 8325N 249.8 250.7 0.03 44 0.9 1.3 1.3 27.6 7 1745
BOU-DD23-168 8325N 97.0 104.6 1.27 18 7.6 0.0 0.4 1.7 15 244
BOU-DD23-168 143.9 151.7 4.36 97 7.8 0.2 1.3 2.4 77 698
Including 148.7 151.7 10.46 198 3.0 0.3 0.7 1.7 69 1336
BOU-DD23-193 5400N 316.9 322.8 0.57 167 5.9 0.0 2.7 4.4 149 554
Including 321.8 322.8 2.22 678 1.0 0.0 9.2 9.9 647 1754
BOU-DD23-193 5400N 405.8 408.5 0.64 109 2.7 0.0 1.9 4.7 614 523
BOU-DD23-197 5400N 489.1 505.9 0.58 53 16.8 0.0 0.6 1.2 192 205
Including 500.2 504.9 1.09 78 4.7 0.0 0.8 0.8 362 274
BOU-DD23-197 5400N 531.9 534.2 0.87 266 2.3 0.0 3.6 8.0 212 907
               *     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 

 

To date, 233 diamond drill holes for a total of 48,276m have been completed at Boumadine in 2023 (Figure 2 and Appendix 2). Both infill and exploration drilling were conducted on strike along the Main Trend (South, Central, and North Zones). The 76,000m program is expected to be complete by the end of December 2023.

 

Drill results have been received for all drill holes up to BOU-DD23-164 with the addition of holes BOU-DD23-168, BOU-DD23-169, BOU-DD23-193 and BOU-DD23-197 (Table 1, Figure 4, Figure 5, and Appendix 1).

 

Results received since July 2023 extend the mineralization an additional 200m to the south with BOU-DD23-193 and BOU-DD23-197 intersecting the upper-part of the Main Trend mineralization in the form of massive sulphide veins.  Relogging activities, which began at the beginning of the year to add past drilling to the database, have increased the mineralization by an additional 200m to the north.

 

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 2 presents the results of the Boumadine Main Zone shown on a longitudinal section along the deposit, defining ore shoots shallowly dipping toward south, in both the Central and South Zones.

 

Next Steps

 

The 76,000m drilling program is 61% complete and is expected to be completed by the end of December 2023. RSC Consulting Limited has been mandated to conduct a NI 43-101-compliant mineral resource estimate of Boumadine which the Corporation intends to publish in Q1-2024.

 

Technical Information

 

Aya has implemented a quality control program to comply with best practices in sampling and analysis of drill core. Drill core samples are transported in sealed bags for analysis at Afrilab laboratory in Marrakech. Standards of different grades and blanks are 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 From
(m)
To
(m)
Au
(g/t)
Ag
(g/t)
Length*
(m)
Cu
(%)
Pb
(%)
Zn
(%)
Mo
(g/t)
 Ag Eq**
(g/t)
BOU-DD23-126 7000N 297.5 298.1 21.67 37 0.6 0.2 0.1 0.0 3 2083
BOU-DD23-126 7000N 302.7 304.6 0.78 15 1.9 0.0 0.1 0.1 4 99
BOU-DD23-126 7000N 318.4 319.7 0.39 12 1.3 0.0 0.0 0.1 4 55
BOU-DD23-131 7925N 268.7 269.2 0.79 21 0.5 0.0 0.8 1.3 85 197
BOU-DD23-133 7225N 415.1 417.3 0.90 4 2.2 0.0 0.2 0.1 17 100
BOU-DD23-134 7225N 12.1 13.0 0.62 41 0.9 0.0 0.5 0.1 18 121
BOU-DD23-134 7225N 219.0 219.5 0.49 28 0.5 0.0 0.1 0.5 5 105
BOU-DD23-134 7225N 221.6 222.1 1.40 35 0.5 0.0 0.1 0.0 4 173
BOU-DD23-134 7225N 304.3 305.1 0.61 8 0.8 0.0 0.4 1.7 13 170
BOU-DD23-134 7225N 313.4 313.9 0.80 28 0.5 0.0 1.3 1.3 7 218
BOU-DD23-135 7925N 205.3 205.9 0.61 21 0.6 0.1 1.4 2.5 6 268
BOU-DD23-135 7925N 208.7 209.2 3.29 20 0.5 0.0 0.6 1.5 8 432
BOU-DD23-135 7925N 273.9 274.6 0.29 8 0.7 0.0 0.4 0.4 6 71
BOU-DD23-137 7225N 162.7 163.7 0.32 20 1.0 0.1 0.5 1.2 8 141
BOU-DD23-137 7225N 162.7 164.7 0.36 20 2.0 0.0 0.7 1.3 9 151
BOU-DD23-137 7225N 168.7 169.9 0.60 12 1.2 0.0 0.2 1.0 10 134
BOU-DD23-137 7225N 171.7 172.8 0.52 14 1.1 0.0 0.0 0.0 14 70
BOU-DD23-137 7225N 177.7 178.2 0.31 32 0.5 0.1 0.1 0.2 12 85
BOU-DD23-137 7225N 180.0 184.1 0.77 22 4.1 0.1 0.1 0.2 7 121
BOU-DD23-138 8775N 26.8 27.3 1.23 67 0.5 0.0 1.4 5.5 184 540
BOU-DD23-138 8775N 72.0 73.4 0.62 29 1.4 0.0 0.4 0.8 15 143
BOU-DD23-138 8775N 76.5 77.5 0.46 8 1.0 0.0 0.0 0.1 7 61
BOU-DD23-138 8775N 79.3 90.0 1.49 35 10.7 0.1 0.3 1.3 12 266
Including 86.7 89.0 5.14 90 2.3 0.2 0.7 4.1 30 839
BOU-DD23-138 8775N 96.1 97.4 0.70 53 1.3 0.1 0.1 0.3 10 155
BOU-DD23-139 7925N 251.9 252.4 15.84 25 0.5 0.1 0.1 1.0 8 1573
BOU-DD23-139 7925N 251.9 253.0 9.60 29 1.1 0.0 0.2 0.9 6 985
BOU-DD23-139 7925N 251.9 253.8 6.36 23 1.9 0.0 0.4 0.8 7 675
BOU-DD23-139 7925N 349.7 350.4 1.66 32 0.7 0.2 0.5 1.1 4 291
BOU-DD23-139 7925N 433.4 434.4 0.03 90 1.0 0.0 0.0 0.0 5 95
BOU-DD23-139 7925N 467.1 468.4 0.96 57 1.3 0.1 0.5 0.9 5 220
BOU-DD23-139 7925N 492.7 493.3 0.28 48 0.6 0.0 1.6 3.2 4 299
BOU-DD23-139 7925N 498.2 498.7 0.23 24 0.5 0.0 1.5 1.8 17 197
BOU-DD23-139 7925N 512.3 521.1 2.45 20 8.8 0.1 0.1 0.2 4 279
Including 512.3 514.7 6.66 37 2.4 0.1 0.3 0.2 5 698
BOU-DD23-139 7925N 551.4 552.4 0.66 8 1.0 0.0 0.3 0.6 9 114
BOU-DD23-140 8775N 36.7 43.0 0.66 34 6.3 0.0 0.4 3.9 6 321
Including 37.8 38.4 2.80 126 0.6 0.1 2.0 26.2 6 1875
BOU-DD23-140 8775N 50.3 52.5 3.04 71 2.2 0.0 0.4 6.7 70 737
BOU-DD23-140 8775N 55.9 56.8 1.19 338 0.9 0.0 2.8 2.9 196 709
BOU-DD23-140 8775N 75.0 78.4 1.15 43 3.4 0.0 0.7 2.7 51 324
BOU-DD23-140 8775N 92.5 93.5 0.20 29 1.0 0.0 0.6 2.5 47 206
BOU-DD23-140 8775N 103.5 104.6 0.42 16 1.1 0.0 0.1 0.2 1 70
BOU-DD23-140 8775N 140.0 141.0 1.48 8 1.0 0.0 0.1 0.4 5 169
BOU-DD23-140 8775N 145.4 147.8 3.13 123 2.4 0.2 0.3 1.1 13 515
BOU-DD23-141 7550N 84.0 84.7 0.27 39 0.7 0.1 0.5 0.7 25 126
BOU-DD23-141 7550N 184.3 186.8 2.85 39 2.5 0.3 0.6 0.3 10 384
BOU-DD23-141 7550N 197.0 199.0 0.49 7 2.0 0.0 0.1 0.2 10 71
BOU-DD23-143 8775N 32.6 36.6 3.11 106 4.0 0.0 0.8 0.0 20 427
BOU-DD23-143 8775N 46.6 58.0 0.84 68 11.4 0.0 0.5 1.8 34 263
Including 55.1 57.0 3.43 68 1.9 0.0 1.1 5.6 34 732
BOU-DD23-143 8775N 125.5 126.5 0.71 16 1.0 0.0 0.3 1.2 15 161
BOU-DD23-143 8775N 131.9 140.7 0.96 27 8.8 0.1 0.7 4.5 48 397
Including 137.0 138.2 3.21 44 1.2 0.1 0.5 7.6 50 779
BOU-DD23-143 8775N 146.5 147.4 0.31 23 0.9 0.0 0.8 1.8 30 178
BOU-DD23-143 8775N 149.2 151.1 1.34 29 1.9 0.0 1.7 4.1 10 432
BOU-DD23-143 8775N 161.0 162.0 0.64 16 1.0 0.0 0.4 0.7 4 128
BOU-DD23-143 8775N 199.4 205.7 0.51 30 6.3 0.0 1.6 3.0 21 294
BOU-DD23-143 8775N 214.6 223.9 12.34 94 9.3 0.1 0.4 2.5 26 1410
Including 217.2 223.3 16.04 122 6.1 0.2 0.3 2.6 27 1796
BOU-DD23-143 8775N 225.7 226.5 0.44 16 0.8 0.0 0.4 1.1 9 132
BOU-DD23-143 8775N 267.3 270.4 1.55 71 3.1 0.4 1.3 0.4 15 336
Including 267.3 268.7 3.08 128 1.4 0.9 2.2 0.7 19 645
BOU-DD23-143 8775N 299.9 303.4 4.31 56 3.5 0.1 0.5 0.0 112 497
Including 299.9 301.3 8.93 83 1.4 0.3 0.7 0.0 217 986
BOU-DD23-144 7550N 28.0 29.0 0.68 1 1.0 0.0 0.0 0.0 2 67
BOU-DD23-144 7550N 222.1 223.2 0.43 16 1.1 0.0 1.5 0.1 7 110
BOU-DD23-144 7550N 233.1 234.1 3.13 29 1.0 0.1 4.4 0.9 9 516
BOU-DD23-145 7550N 352.5 353.1 1.05 12 0.6 0.0 0.3 0.8 1 162
BOU-DD23-145 7550N 530.4 531.6 0.03 55 1.2 0.0 0.6 0.1 4 83
BOU-DD23-145 7550N 552.6 553.3 6.58 210 0.7 0.6 1.5 2.4 1 1081
BOU-DD23-146 8775N 7.1 10.3 0.75 15 3.2 0.0 0.2 0.0 8 94
BOU-DD23-146 8775N 72.5 74.5 0.98 24 2.0 0.0 0.8 1.8 9 239
BOU-DD23-146 8775N 106.0 107.0 0.10 8 1.0 0.0 0.3 0.5 8 53
BOU-DD23-146 8775N 111.3 112.1 0.63 68 0.8 0.0 2.8 13.3 7 934
BOU-DD23-146 8775N 169.0 171.1 1.06 86 2.1 0.1 4.9 8.3 19 802
BOU-DD23-146 8775N 173.3 174.4 0.54 12 1.1 0.0 0.7 1.4 11 161
BOU-DD23-146 8775N 232.2 233.3 0.92 25 1.1 0.1 2.0 4.5 13 427
BOU-DD23-146 8775N 315.3 316.0 5.43 4 0.7 0.1 0.6 1.2 70 609
BOU-DD23-146 8775N 326.2 329.5 3.89 69 3.3 0.1 0.4 1.8 21 554
Including 326.2 328.3 5.44 82 2.1 0.1 0.3 1.6 23 704
BOU-DD23-147 7750N 15.3 16.2 0.03 114 0.9 0.1 0.1 0.2 2 139
BOU-DD23-148 8125N 43.7 44.5 0.45 15 0.8 0.0 0.0 0.0 10 60
BOU-DD23-148 8125N 201.0 201.8 0.79 20 0.8 0.0 0.3 0.4 4 123
BOU-DD23-148 8125N 215.4 225.8 2.63 64 10.4 0.1 0.1 2.4 7 456
Including 221.5 223.8 5.50 182 2.3 0.2 0.3 8.5 3 1195
BOU-DD23-149 7550N 325.7 326.6 0.34 12 0.9 0.0 0.1 0.1 34 56
BOU-DD23-149 7550N 403.4 403.9 0.61 27 0.5 0.1 1.1 1.9 206 247
BOU-DD23-149 7550N 445.5 446.3 0.36 12 0.8 0.0 0.3 0.3 14 74
BOU-DD23-149 7550N 496.1 496.6 0.53 29 0.5 0.0 1.0 0.6 6 143
BOU-DD23-149 7550N 534.5 535.1 0.23 32 0.6 0.0 1.2 1.0 5 147
BOU-DD23-149 7550N 559.4 561.0 0.41 15 1.6 0.0 0.4 1.1 12 127
BOU-DD23-149 7550N 625.0 626.0 0.03 71 1.0 0.0 0.3 0.7 5 120
BOU-DD23-150 7750N 90.0 90.8 2.82 72 0.8 0.5 1.4 2.1 10 563
BOU-DD23-150 7750N 96.6 97.2 0.85 60 0.6 0.1 4.6 3.4 1 477
BOU-DD23-150 7750N 104.0 105.3 1.28 4 1.3 0.0 0.3 0.3 1 150
BOU-DD23-151 8125N 67.7 68.5 0.39 12 0.8 0.0 0.0 0.3 7 68
BOU-DD23-151 8125N 338.0 339.0 0.26 1 1.0 0.0 0.1 0.1 3 33
BOU-DD23-152 8775N 13.6 14.7 0.45 63 1.1 0.0 0.6 0.0 18 126
BOU-DD23-152 8775N 195.3 197.6 1.05 88 2.3 0.1 3.7 6.4 8 660
BOU-DD23-152 8775N 207.8 213.7 1.02 123 5.9 0.0 3.5 5.7 7 645
BOU-DD23-152 8775N 270.1 276.0 7.42 153 5.9 0.1 1.7 0.3 14 928
Including 270.1 275.0 8.52 175 4.9 0.1 2.0 0.2 12 1056
BOU-DD23-152 8775N 288.3 288.8 0.69 21 0.5 0.0 0.1 1.4 12 165
BOU-DD23-152 8775N 347.7 348.7 0.47 8 1.0 0.0 0.1 0.1 4 60
BOU-DD23-152 8775N 350.7 352.7 5.12 89 2.0 0.5 0.4 0.5 18 666
BOU-DD23-152 8775N 427.9 428.4 0.53 8 0.5 0.0 0.2 0.3 10 80
BOU-DD23-152 8775N 433.6 434.1 0.51 4 0.5 0.0 0.1 0.1 11 61
BOU-DD23-153 7750N 29.3 31.8 1.85 13 2.5 0.0 0.3 0.5 5 225
BOU-DD23-153 7750N 149.0 149.8 0.47 8 0.8 0.0 0.4 0.6 9 98
BOU-DD23-153 7750N 180.4 180.9 0.03 88 0.5 0.0 5.2 0.2 13 268
BOU-DD23-154 8325N 0.0 150.0 0.00 0 150.0 0.0 0.0 0.0 0 NSR
BOU-DD23-155 8325N 12.9 13.4 0.18 40 0.5 0.1 2.0 7.8 17 556
BOU-DD23-155 8325N 15.9 16.4 4.03 218 0.5 0.1 3.6 0.7 50 764
BOU-DD23-155 8325N 25.8 26.3 0.92 71 0.5 0.0 1.8 3.6 267 423
BOU-DD23-155 8325N 30.2 33.5 2.71 275 3.3 0.1 1.5 9.4 103 1103
BOU-DD23-156 8675N 7.0 9.3 0.96 31 2.3 0.0 0.2 0.1 11 133
BOU-DD23-156 8675N 90.8 91.9 1.29 8 1.1 0.0 0.2 0.4 1 154
BOU-DD23-156 8675N 93.7 94.7 0.17 48 1.0 0.0 2.0 1.2 1 195
BOU-DD23-156 8675N 101.6 114.3 1.49 36 12.7 0.1 0.5 1.7 15 297
Including 101.6 103.0 5.96 110 1.4 0.5 0.5 2.2 13 872
BOU-DD23-157 8125N 19.6 20.5 0.40 12 0.9 0.0 0.1 0.3 21 70
BOU-DD23-157 8125N 21.4 23.3 1.21 13 1.9 0.0 0.2 0.4 11 157
BOU-DD23-157 8125N 48.3 50.3 0.69 4 2.0 0.0 0.2 0.6 3 107
BOU-DD23-157 8125N 101.7 102.5 0.03 52 0.8 0.0 2.8 0.1 11 150
BOU-DD23-157 8125N 121.2 121.7 0.51 38 0.5 0.0 0.2 0.6 3 122
BOU-DD23-157 8125N 254.3 256.1 4.37 69 1.8 0.3 0.1 0.4 23 543
BOU-DD23-157 8125N 273.7 274.4 1.29 67 0.7 0.0 1.8 6.9 20 625
BOU-DD23-157 8125N 301.3 301.8 0.53 102 0.5 0.0 1.7 3.9 43 419
BOU-DD23-157 8125N 408.0 408.5 0.29 17 0.5 0.0 0.6 1.0 1 117
BOU-DD23-158 8325N 113.9 117.2 1.87 44 3.3 0.1 0.9 8.4 6 720
BOU-DD23-158 8325N 163.4 164.5 0.99 21 1.1 0.0 0.6 2.2 1 254
BOU-DD23-158 8325N 168.9 171.0 3.68 31 2.1 0.1 0.5 0.6 6 432
BOU-DD23-159 7750N 241.9 242.4 0.66 12 0.5 0.0 0.5 0.9 5 138
BOU-DD23-159 7750N 284.9 286.0 0.13 4 1.1 0.0 0.3 0.3 3 43
BOU-DD23-159 7750N 539.1 540.2 0.38 21 1.1 0.0 2.3 1.2 29 198
BOU-DD23-159 7750N 541.4 542.4 0.58 36 1.0 0.1 1.9 0.2 29 168
BOU-DD23-160 8675N 27.4 29.7 1.56 233 2.3 0.1 1.0 8.9 35 902
BOU-DD23-160 8675N 35.0 36.0 0.26 60 1.0 0.0 0.7 2.0 3 215
BOU-DD23-160 8675N 39.9 41.6 1.56 151 1.7 0.0 2.3 10.7 19 954
BOU-DD23-160 8675N 87.2 90.1 1.32 40 2.9 0.0 0.2 0.2 9 184
BOU-DD23-160 8675N 95.5 98.1 0.85 29 2.6 0.0 0.1 0.1 10 121
BOU-DD23-160 8675N 133.3 134.0 0.41 20 0.7 0.0 0.3 0.9 1 115
BOU-DD23-160 8675N 162.8 165.7 2.31 135 2.9 0.2 0.8 1.3 11 468
BOU-DD23-161 8325N 186.9 195.3 4.72 122 8.4 0.3 0.2 1.1 6 664
Including 190.4 194.3 8.81 248 3.9 0.5 0.5 2.3 6 1280
BOU-DD23-161 8325N 262.3 262.8 0.54 35 0.5 0.0 0.1 0.6 16 121
BOU-DD23-161 8325N 293.0 294.0 0.25 23 1.0 0.0 0.2 2.7 14 201
BOU-DD23-162 8675N 21.8 22.9 0.63 20 1.1 0.0 0.2 0.0 16 90
BOU-DD23-162 8675N 25.1 26.1 0.85 47 1.0 0.0 0.4 0.1 6 147
BOU-DD23-162 8675N 66.2 70.8 1.06 52 4.6 0.0 0.1 2.5 237 308
BOU-DD23-162 8675N 74.4 76.6 0.22 42 2.2 0.0 0.2 0.6 91 109
BOU-DD23-162 8675N 80.9 88.8 0.92 74 7.9 0.0 0.3 1.5 119 260
Including 81.8 85.7 1.16 132 3.9 0.0 0.6 2.6 175 414
BOU-DD23-162 8675N 105.2 106.2 0.30 43 1.0 0.0 0.4 1.3 309 172
BOU-DD23-162 8675N 108.1 111.3 0.57 32 3.2 0.0 0.6 1.3 82 180
BOU-DD23-162 8675N 112.3 113.3 0.44 24 1.0 0.0 0.9 1.9 5 200
BOU-DD23-162 8675N 114.9 120.4 0.27 70 5.5 0.0 0.9 6.0 5 450
BOU-DD23-162 8675N 124.3 124.8 1.30 45 0.5 0.0 1.5 3.0 3 379
BOU-DD23-162 8675N 128.3 129.9 2.57 112 1.6 0.2 4.4 22.2 8 1712
BOU-DD23-162 8675N 190.6 194.8 2.00 205 4.2 0.2 0.2 0.2 4 437
BOU-DD23-162 8675N 205.3 205.8 0.34 99 0.5 0.0 1.3 1.2 3 237
BOU-DD23-162 8675N 216.9 218.6 2.93 109 1.7 0.1 1.0 1.3 14 494
BOU-DD23-162 8675N 237.2 244.4 6.39 82 7.2 0.1 0.4 0.8 8 748
Including 238.4 239.7 14.04 214 1.3 0.3 0.6 1.5 15 1661
Including 241.2 244.4 8.09 81 3.2 0.1 0.5 1.2 9 933
BOU-DD23-163 7750N 49.2 49.7 0.46 12 0.5 0.0 0.5 0.4 16 96
BOU-DD23-163 7750N 56.9 57.9 0.37 12 1.0 0.1 0.9 0.8 1 124
BOU-DD23-163 7750N 174.3 174.8 0.47 136 0.5 0.1 0.6 4.1 1 427
BOU-DD23-163 7750N 207.1 208.2 0.92 13 1.1 0.0 0.6 1.3 9 190
BOU-DD23-163 7750N 228.7 230.8 2.10 13 2.1 0.1 0.4 0.4 15 251
BOU-DD23-164 8325N 80.8 81.4 0.29 48 0.6 0.0 1.2 3.4 4 301
BOU-DD23-164 8325N 227.3 228.5 2.62 80 1.2 0.3 0.2 0.4 6 398
BOU-DD23-164 8325N 249.8 250.7 0.03 44 0.9 1.3 1.3 27.6 7 1745
BOU-DD23-164 8325N 299.1 300.8 1.96 67 1.7 0.2 0.3 0.4 11 312
BOU-DD23-168 8325N 15.0 16.7 1.08 32 1.7 0.0 1.6 4.6 11 434
BOU-DD23-168 8325N 69.7 70.2 0.34 32 0.5 0.0 1.5 3.7 64 320
BOU-DD23-168 8325N 77.1 80.7 1.28 42 3.6 0.0 0.7 0.6 45 219
BOU-DD23-168 8325N 87.8 88.8 0.84 49 1.0 0.1 2.3 10.3 20 766
BOU-DD23-168 8325N 97.0 104.6 1.27 18 7.6 0.0 0.4 1.7 15 244
BOU-DD23-168 8325N 134.5 135.6 0.37 12 1.1 0.0 0.4 0.8 1 102
BOU-DD23-168 8325N 143.9 151.7 4.36 97 7.8 0.2 1.3 2.4 77 698
Including 148.7 151.7 10.46 198 3.0 0.3 0.7 1.7 69 1336
BOU-DD23-169 8025N 13.0 19.0 0.37 54 6.0 0.0 0.1 0.1 66 100
BOU-DD23-193 5400N 316.9 322.8 0.57 167 5.9 0.0 2.7 4.4 149 554
Including 321.8 322.8 2.22 678 1.0 0.0 9.2 9.9 647 1754
BOU-DD23-193 5400N 383.9 384.6 0.37 92 0.7 0.0 0.1 1.4 143 214
BOU-DD23-193 5400N 405.8 408.5 0.64 109 2.7 0.0 1.9 4.7 614 523
BOU-DD23-193 5400N 432.8 434.0 0.49 185 1.2 0.0 2.8 5.8 593 675
BOU-DD23-193 5400N 570.0 572.3 0.41 37 2.3 0.0 0.4 0.4 382 136
BOU-DD23-193 5400N 598.4 599.2 0.47 59 0.8 0.0 0.0 0.0 285 123
BOU-DD23-197 5400N 440.6 441.4 0.65 32 0.8 0.0 0.1 0.6 3 126
BOU-DD23-197 5400N 489.1 505.9 0.58 53 16.8 0.0 0.6 1.2 192 205
Including 500.2 504.9 1.09 78 4.7 0.0 0.8 0.8 362 274
BOU-DD23-197 5400N 521.2 521.8 0.58 25 0.6 0.0 0.1 0.1 13 89
BOU-DD23-197 5400N 525.4 526.8 1.09 63 1.4 0.0 1.0 1.5 36 282
BOU-DD23-197 5400N 529.1 529.6 0.29 32 0.5 0.0 0.2 0.4 41 92
BOU-DD23-197 5400N 531.9 534.2 0.87 266 2.3 0.0 3.6 8.0 212 907
     *     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 3 – New Drillhole Coordinates of 2023 Boumadine Exploration Program (completed holes)

 

DDH No. Easting Northing Elevation Azimuth Dip Length (m)
BOU-DD23-170 317385 3476437 1209 250 -50 346.1
BOU-DD23-171 316783 3477095 1223 250 -50 406.9
BOU-DD23-172 317147 3476907 1211 250 -50 264.4
BOU-DD23-173 317467 3476466 1207 250 -50 504.0
BOU-DD23-174 317266 3476950 1204 250 -50 456.0
BOU-DD23-175 317541 3476493 1203 250 -50 404.5
BOU-DD23-176 317206 3476636 1203 250 -50 153.2
BOU-DD23-177 316874 3477128 1238 250 -50 265.8
BOU-DD23-178 317246 3476651 1203 250 -50 201.0
BOU-DD23-179 317235 3476594 1205 250 -50 152.0
BOU-DD23-180 317028 3476680 1209 70 -50 306.0
BOU-DD23-181 317626 3476524 1209 250 -50 552.7
BOU-DD23-182 317286 3476666 1203 250 -50 300.2
BOU-DD23-183 317705 3476553 1207 250 -50 651.6
BOU-DD23-184 317274 3476608 1203 250 -50 204.0
BOU-DD23-185 316986 3476665 1211 70 -50 401.9
BOU-DD23-186 317265 3476552 1208 250 -50 152.2
BOU-DD23-187 317315 3476623 1203 250 -50 304.0
BOU-DD23-188 317324 3476679 1202 250 -50 350.9
BOU-DD23-189 317304 3476566 1205 250 -50 201.0
BOU-DD23-190 316945 3476650 1213 70 -50 405.2
BOU-DD23-191 317343 3476580 1203 250 -50 278.5
BOU-DD23-192 317353 3476637 1201 250 -50 351.8
BOU-DD23-193 317545 3473697 1274 70 -50 617.0
BOU-DD23-194 317358 3476692 1199 250 -50 407.6
BOU-DD23-195 317381 3476594 1204 250 -50 328.4
BOU-DD23-196 317392 3476651 1198 250 -50 450.5
BOU-DD23-197 317464 3473667 1278 70 -50 749.6
BOU-DD23-198 317120 3477015 1216 250 -50 401.2
BOU-DD23-199 317397 3476706 1198 250 -50 491.7
BOU-DD23-200 317429 3476611 1212 250 -50 405.2
BOU-DD23-201 317432 3476666 1198 250 -50 502.1
BOU-DD23-202 317164 3477030 1220 250 -50 452.9
BOU-DD23-203 317472 3476627 1213 250 -50 471.0
BOU-DD23-204 316904 3476635 1214 70 -50 495.4
BOU-DD23-206 317296 3474348 1280 70 -50 207.0
BOU-DD23-207 317096 3474887 1274 70 -50 501.1
BOU-DD23-208 317062 3474875 1269 70 -50 452.1
BOU-DD23-209 317226 3474322 1272 70 -50 305.5
BOU-DD23-211 316593 3477339 1225 250 -50 228.5

 

SHAPE  \* MERGEFORMAT

 

 


Figure 1: Location of New Boumadine Permit and Geological Context (CNW Group/Aya Gold & Silver Inc)

 

 

 


Figure 2 – Surface Plan of Boumadine Property with Magnetic Data (Residual Total Field) and 2023 Drill Holes (CNW Group/Aya Gold & Silver Inc)

 

 

 


Figure 3 – Longitudinal View of Boumadine Main Zone (CNW Group/Aya Gold & Silver Inc)

 

 

 


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

 

 

 


Figure 5 – Surface Plan of Central & North Zones with New 2023 DDH Results (CNW Group/Aya Gold & Silver Inc)

 

Posted September 18, 2023

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