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Aya Gold & Silver: Step-out Drilling Extends High-Grade Continuity at Zgounder

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Aya Gold & Silver: Step-out Drilling Extends High-Grade Continuity at Zgounder

 

 

 

 

 

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

 

Key Highlights (all intersections are in core lengths)

  • High-grade definition of working galleries just below the 2,075-meter level with TD-22-2075-155, which intercepted 7,480 grams per tonne silver over 4.8m including
    • 16,320 g/t Ag over 1.2m
    • 11,750 g/t Ag over 1.2m

 

and with TD28-22-2075-158, which intercepted 1,094 g/t Ag over 4.8m including

    • 1,840 g/t Ag over 1.2m
    • 1,620 g/t Ag over 1.2m
  • Opening of a new central zone below the 1,975m level with DZG-SF-22-102, which intercepted 2,164 g/t Ag over 7.0m including
    • 18,000 g/t Ag over 0.5m
    • 4,354 g/t Ag over 0.5m

 

and with DZG-SF-22-110, which intercepted 958 g/t Ag over 4.5m including

    • 4,640 g/t Ag over 0.5m
  • Established continuity of a central area at the 1,950m level by DZG-SF-22-67, which intercepted 3,114 g/t Ag over 3.0m including
    • 4,160 g/t Ag over 1.0m
    • 2,400 g/t Ag over 1.5m

 

“Today’s step-out results meaningfully grow the boundaries of the known mineralization at Zgounder across multiple zones, with high-grade intercept TD-22-2075-155 extending a known zone down dip and highlighting near-surface potential. Additionally, holes DZG-SF-22-102, -110, and -112 represent a cluster of significant intervals that open up a new high-grade zone below the 1,975-meter level. We continue to see continuity of high-grade mineralization, giving us confidence of additional exploration success and resource expansion at Zgounder where three surface drill rigs are currently turning,” said Benoit La Salle, President & CEO.

 

Included in this release are results for 45 holes, which include 1 surface diamond drill hole, 16 underground DDH, 18 T28 and 10 YAK (T28 & YAK: percussion drilling using an air-compressed hammer) holes.  For a full summary of today’s results, refer to Appendixes 1 and 2.

 

Table 1 – Significant Intercepts from Drilling at Zgounder (core lengths)

 

Hole No. From (m) To (m) Length1 (m) Ag2 (g/t)
Surface
ZG-22-61

 

 

60.50 62.00 1.50 120
66.00 66.50 0.50 1,856
177.50 180.50 3.00 285
Underground
DZG-SF-22-102

 

 

 

2.50 3.50 1.00 240
8.00 15.00 7.00 2,164
including 0.50 4,354
including 0.50 18,000
including 0.50 2,320
18.50 21.00 2.50 311
DZG-SF-22-110

 

 

 

1.50 6.00 4.50 958
including 1.00 1,520
including 0.50 4,640
11.00 12.50 1.50 254
DZG-SF-22-112

 

6.00 17.50 11.50 272
including 1.50 1,512
DZG-SF-22-67

 

 

 

1.50 3.00 1.50 76
37.50 39.00 1.50 2,400
47.50 48.50 1.00 230
54.00 57.00 3.00 3,114
including 0.50 2,058
including 1.00 4,160
including 0.50 3,740
including 0.50 4,208
65.50 67.00 1.50 561
91.00 92.50 1.50 566
DZG-SF-22-68

 

 

 

13.50 15.00 1.50 156
33.00 34.50 1.50 96
81.50 83.50 2.00 959
including 0.50 3,520
TD28-22-2075-151

 

4.80 6.00 1.20 2,800
19.20 26.40 7.20 206
TD28-22-2075-152 22.80 25.20 2.40 1,532
TD28-22-2075-154

 

 

19.20 26.40 7.20 1,052
including 1.20 1,811
including 1.20 2,635
TD28-22-2075-155

 

 

 

0.00 1.20 1.20 77
16.80 21.60 4.80 7,480
including 1.20 1,396
including 1.20 16,320
including 1.20 11,750
TD28-22-2075-157

 

 

 

0.00 2.40 2.40 758
6.00 9.60 3.60 1,359
including 1.20 1,488
including 1.20 1,060
including 1.20 1,528
TD28-22-2075-158

 

 

 

0.00 4.80 4.80 1,094
including 1.20 1,840
including 1.20 1,620
12.00 24.00 12.00 173
YAKD-22-1975-038 30.00 50.40 20.40 217
YAKD-22-1975-040

 

 

18.00 28.80 10.80 383
including 1.20 1,440
36.00 37.20 1.20 92
YAKD-22-2125-061

 

 

 

20.40 22.80 2.40 958
including 1.20 1,536
30.00 31.20 1.20 119
33.60 34.80 1.20 76
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.

 

Quality Assurance

 

For core drilling, all individual samples represent approximately one metre 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. Samples grading above 200 g/t Ag are reanalyzed using fire assaying.

 

For definition drilling using T28 drilling equipment, all individual samples represent 1.2m in length. Samples are assayed at either the Zgounder Mine Laboratory or at Afrilab. 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. At ZMSM, all samples are analyzed for silver only using Aqua regia and finished by AAS. Rigorous quality controls are applied at both locations.

 

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-22-61

 

 

60.50 62.00 1.50 120
66.00 66.50 0.50 1,856
177.50 180.50 3.00 285
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)
DZG-SF-22-102

 

 

 

2.50 3.50 1.00 240
8.00 15.00 7.00 2,164
including 0.50 4,354
including 0.50 18,000
including 0.50 2,320
DZG-SF-22-104 11.00 11.50 0.50 88
DZG-SF-22-106

 

12.00 13.50 1.50 471
16.50 18.00 1.50 88
DZG-SF-22-108

 

1.50 7.50 6.00 117
16.50 18.00 1.50 76
DZG-SF-22-110

 

 

 

1.50 6.00 4.50 958
including 1.00 1,520
including 0.50 4,640
11.00 12.50 1.50 254
DZG-SF-22-110 19.50 21.00 1.50 92
DZG-SF-22-112

 

6.00 17.50 11.50 272
including 1.50 1,512
DZG-SF-22-115

 

 

 

32.50 33.50 1.00 80
39.50 46.50 7.00 222
49.50 52.00 2.50 602
55.00 60.00 5.00 171
DZG-SF-22-116 48.00 52.50 4.50 85
DZG-SF-22-117

 

 

33.50 61.00 13.00 41
65.50 70.00 3.00 56
105.00 106.50 1.50 160
DZG-SF-22-118 33.00 38.50 5.50 199
DZG-SF-22-119 33.00 34.00 1.00 464
DZG-SF-22-66

 

 

 

34.00 38.50 4.50 108
42.00 43.50 1.50 188
49.50 52.50 3.00 502
61.50 63.00 1.50 76
DZG-SF-22-67

 

 

 

1.50 3.00 1.50 76
37.50 39.00 1.50 2,400
47.50 48.50 1.00 230
54.00 57.00 3.00 3,114
including 0.50 2,058
including 1.00 4,160
including 0.50 3,740
including 0.50 4,208
65.50 67.00 1.50 561
91.00 92.50 1.50 566
DZG-SF-22-68

 

 

 

13.50 15.00 1.50 156
33.00 34.50 1.50 96
81.50 83.50 2.00 959
including 0.50 3,520
DZG-SF-22-80

 

 

 

25.00 28.00 3.00 266
32.00 33.00 1.00 80
35.00 35.50 0.50 77
37.00 37.50 0.50 140
T28 Drilling
T28-22-1975-03 0.00 2.40 2.40 164
TD28-22-1975-109 0.00 1.20 1.20 84
TD28-22-2075-151

 

4.80 6.00 1.20 2,800
19.20 26.40 7.20 206
TD28-22-2075-152 22.80 25.20 2.40 1,532
TD28-22-2075-153 21.60 25.20 3.60 863
TD28-22-2075-154

 

 

19.20 26.40 7.20 1,052
including 1.20 1,811
including 1.20 2,635
TD28-22-2075-155

 

 

 

0.00 1.20 1.20 77
16.80 21.60 4.80 7,480
including 1.20 1,396
including 1.20 16,320
including 1.20 11,750
TD28-22-2075-157

 

 

 

0.00 2.40 2.40 758
6.00 9.60 3.60 1,359
including 1.20 1,488
including 1.20 1,060
including 1.20 1,528
TD28-22-2075-158

 

 

 

0.00 4.80 4.80 1,094
including 1.20 1,840
including 1.20 1,620
12.00 24.00 12.00 17
TD28-22-2075-162 6.00 7.20 1.20 88
TD28-22-2125-206 14.40 18.00 3.60 696
TD28-22-2125-212 21.60 26.40 4.80 655
TD28-22-2125-213 1.20 2.40 1.20 128
TD28-22-2125-220 22.80 24.00 1.20 76
TD28-22-2125-224 7.20 8.40 1.20 94
TD28-22-2125-224 15.60 18.00 2.40 103
TD28-22-2125-228 22.80 26.40 2.40 70
TD28-22-2125-229 8.40 13.20 3.60 109
YAK Drilling
YAKD-22-1975-038 30.00 50.40 20.40 217
YAKD-22-1975-039 18.00 19.20 1.20 76
24.00 28.80 4.80 143
YAKD-22-1975-040

 

18.00 28.80 10.80 383
including 1.20 1,440
36.00 37.20 1.20 92
YAKD-22-1975-041 24.00 26.40 2.40 315
YAKD-22-2075-044 18.00 19.20 1.20 128
YAKD-22-2075-044 36.00 38.40 2.40 98
YAKD-22-2075-056 2.40 3.60 1.20 349
YAKD-22-2125-058 21.60 22.80 1.20 157
YAKD-22-2125-061 20.40 22.80 2.40 958
including 1.20 1,536
30.00 31.20 1.20 119
33.60 34.80 1.20 76
YAKD-22-2075-070

 

4.80 6.00 1.20 156
12.00 15.60 3.60 135
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 (CNW Group/Aya Gold & Silver Inc)

 

Posted September 13, 2022

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