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

Highlights (all intersections are in core lengths)

• In the Central Zone from the 2,000m level:
  • Hole DZG-SF-24-228 intercepted 3,794 grams per tonne (“g/t”) silver (“Ag”) over 10.0 meters (“m”)
  • Hole DZG-SF-24-353 intercepted 572 g/t Ag over 13.0m

• In the open-pit area:
  • Hole ZG-RC-24-413 intercepted 1,001 g/t Ag over 28.0m, including 2,787 g/t Ag over 7.0m
  • Hole ZG-RC-24-452 intercepted 1,364 g/t Ag over 14.0m, including 2,433 g/t Ag over 6.0m
  • Hole ZG-RC-24-232 intercepted 1,054 g/t Ag over 11.0m, including 2,063 g/t Ag over 5.0m
  • Hole ZG-RC-24-401 intercepted 3,565 g/t Ag over 3.0m
  • Hole ZG-RC-24-155 intercepted 755 g/t Ag over 13.0m
  • Hole ZG-RC-24-399 intercepted 1,298 g/t Ag over 7.0m, including 2,081 g/t Ag over 4.0m

• At depth near the granite contact:
  • Hole ZG-SF-24-203 intercepted 911 g/t Ag over 10.0m, including 4,855 g/t Ag over 1.5m
  • Hole ZG-SF-24-209 intercepted 1,756 g/t Ag over 4.5m including 6,800 g/t Ag over 1.0m
  • Hole ZG-SF-24-259 intercepted 1,082 g/t Ag over 8.5m, including 2,133 g/t Ag over 2.7m
  • Hole ZG-SF-25-290 intercepted 823 g/t Ag over 10.0m and 2,055 g/t Ag over 4.5m

• 2,653m of the 2025 exploration program drilled year to date

“Today’s high-grade silver drill results, particularly holes ZG-SF-24-290 and ZG-SF-24-259 near the granite contact, confirm the presence of an additional high-grade zone to the west by the fault, reinforcing the potential to expand Zgounder resources at depth,” said Benoit La Salle, Aya Gold & Silver President & CEO. “In addition, high-grade intercepts near the open-pit, including ZG-RC-24-413 and ZG-RC-24-452, confirm the continuity of high-grade mineralization to the east, supporting our confidence in extending the open-pit operation. With two underground rigs and one RC rig currently active, we expect a steady flow of results in the coming months to further enhance our understanding and resource potential.”

Included in this release are results from 490 holes, which include 27 surface Diamond Drill (“DDH”), 192 underground DDH, 198 Reverse Circulation (“RC”), 37 T28 and 36 YAK holes (T28 and YAK: percussion drilling using an air-compressed hammer). For a full summary of today’s results, refer to Appendix 1.

Table 1 – Significant Intercepts from Drilling 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. All samples are analyzed 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 reanalyzed using fire assaying.

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 using fire assaying. Rigorous quality controls (QaQc) are applied at both locations.

David Lalonde, B.Sc. P. Geo, Vice-President Exploration, 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, subject to the announcement of September 12, 2024, will be developed by Mx2 Mining, a new spinout gold-growth company.

Aya’s management team has been focused on maximizing shareholder value by anchoring sustainability at the heart of its operations, governance, and financial growth plans.