Aya Gold & Silver Inc. (TSX: AYA; NASDAQ: AYA) is pleased to announce high-grade silver drill results from its at-depth drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco.

Highlights (all intersections are in core lengths)

• Intersections in the Open-Pit Area:
  • Hole ZG-RC-24-155 intercepted 783 grams per tonne (“g/t”) silver (“Ag”) over 13.0 metres (“m”)
  • Hole ZG-RC-24-354 intercepted 501 g/t Ag over 11.0m, including 4,000 g/t over 1.0m
  • Hole ZG-SF-25-702 intercepted 1,553 g/t Ag over 1.4m
• Intersections in the Central Area:
  • Hole DZG-SF-26-945 intercepted 3,501 g/t Ag over 3.5m, including 7,717 g/t Ag over 1.5m
  • Hole T28-26-1334 intercepted 4,770 g/t Ag over 2.4m
  • Hole T28-26-1333 intercepted 1,362 g/t Ag over 8.4m, including 2,873 g/t Ag over 3.6m
  • Hole T28-26-1404 intercepted 762 g/t Ag over 12.0m
• 16,217m or 54.1% of the 2026 exploration program has been drilled year to date.

“Today’s high-grade results, highlighted by DZG-SF-26-945, continue to reinforce the strength and continuity of silver mineralization both around the open pit and across the central zone,” said Benoit La Salle, President & CEO. “At the same time, development of the exploration drift at the 1,825-metre level is progressing well, setting the stage for drilling west of the fault to begin in Q4 and providing an important new opportunity to expand the mineralized footprint.”

This release contains results from 97 holes, which include one surface diamond drill holes, 31 underground DDH, seven reverse circulation drill hole, 45 T28 and 13 YAK holes (T28 and YAK: percussion drilling using an air-compressed hammer). For a full summary of today’s results, refer to Appendix 1 and 2.

Table 1 – Best Intercepts at Zgounder (core lengths)

 Figure 1: Location of Drill Results at Zgounder

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 or to ALS Laboratory at the Zgounder Mine site. All samples are analyzed for silver, copper, iron, lead, and zinc using Aqua regia and finished by atomic absorption spectroscopy. Samples grading above 200 g/t Ag are reanalyzed by fire assay.

For definition drilling using RC, all individual samples represent 1.0m in length and for T28 drilling equipment, all individual samples represent 1.2m in length. Samples are assayed at either the ALS Mine laboratory or at Afrilab. All samples are analyzed for silver, copper, iron, lead, and zinc using Aqua regia and finished by AAS. Samples grading above 200 g/t Ag are reanalyzed by fire assay. Rigorous quality controls (QaQc) are applied at both locations.

Qualified Person

The scientific and technical information contained in this press release has been reviewed, verified and approved by David Lalonde, B. Sc, P. Geo, Executive Vice-President, Exploration, Qualified Person, for accuracy and compliance with National Instrument 43-101.

About Aya Gold & Silver Inc.

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault — one of Africa’s most geologically rich, underexplored and mining-friendly regions.

Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility. Aya’s growth pipeline includes the Boumadine polymetallic project, where feasibility study work is underway, and which hosts a sizable mineralized footprint, and potential for further discovery.

Led by a proven team of mining professionals, Aya is guided by a vision of responsible mining and is committed to delivering sustainable value for shareholders, employees and host communities.