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Aya Gold & Silver Reports Zgounder At-Depth High-Grade Drill Results

In This Article:

MONTREAL, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to report additional 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)

  • In the Central Zone from the 1,950m level:

    • hole DZG-SF-24-172 intercepted 2,165 grams per tonne (“g/t”) silver (“Ag”) over 21.0 meters (“m”), including 4,600 g/t Ag over 3.5m

    • hole DZG-SF-24-145 intercepted 4,645 g/t Ag over 3.0m, including 6,703 g/t Ag over 2.0m

    • hole DZG-SF-24-272 intercepted 1,849 g/t Ag over 5.5m, including 3,894 g/t Ag over 2.5m

  • In the Western Zone near the granite contact:

    • hole ZG-SF-24-200 intercepted 1,151 g/t Ag over 21.0m, including 3,290 g/t Ag over 6.0m

  • In the Eastern Zone near the open-pit area:

    • hole DZG-SF-24-153 intercepted 3,955 g/t Ag over 4.0m

    • hole ZG-RC-24-028 intercepted 986 g/t Ag over 24.0m, including 4,418 g/t Ag over 4.0m

    • hole ZG-RC-24-082 intercepted 1,155 g/t Ag over 16.0m, including 2,335 g/t Ag over 5.0m

    • hole ZG-RC-24-031 intercepted 744 g/t Ag over 14.0m

  • 28,983m of the 2024 exploration program drilled year to date

"Today's high-grade drill results, including hole DZG-SF-24-172, show good continuity of high-grade silver mineralization at Zgounder," stated Benoit La Salle, President & CEO. "The multiple silver-rich intersections within and around the pit area could lead to an increase of the open pit mining rate. Furthermore, the high-grade intercept at the western extremity, together with the previously announced ZG-SF-24-141 at the western boundary of the fault, highlight the potential for additional resource expansion. With four underground, two surface, and one RC rig currently active, we anticipate a steady flow of results in the coming months to further advance our understanding and resource growth potential at Zgounder."

Included in this release are results for 458 holes, which include 107 underground diamond drill holes (“DDH”), 148 reverse circulation (“RC”), 137 T28 and 66 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)

Hole ID

From

To

Ag

(g/t)

Length (m)*

Ag x width

Underground DDH

ZG-SF-24-170

28.5

35.5

977

7.0

6,836

Including

28.5

31.0

2,432

2.5

6,080

ZG-SF-24-200

265.0

286.0

1,151

21.0

24,166

Including

280.0

286.0

3,290

6.0

19,738

DZG-SF-24-145

13.0

16.0

4,645

3.0

13,934

Including

13.0

15.0

6,703

2.0

13,406

DZG-SF-24-151

17.5

20.0

2,489

2.5

6,222

DZG-SF-24-153

56.0

60.0

3,955

4.0

15,818

DZG-SF-24-172

22.5

43.5

2,165

21.0

45,474

Including

30.5

34.0

4,600

3.5

16,100

DZG-SF-24-247

47.0

66.0

400

19.0

7,596

DZG-SF-24-272

4.0

9.5

1,849

5.5

10,170

Including

4.5

7.0

3,894

2.5

9,736

DZG-SF-24-273

3.0

11.0

1,219

8.0

9,748

Including

7.5

9.5

4,140

2.0

8,280

Surface RC

ZG-RC-24-001

8.0

25.0

504

17.0

8,560

ZG-RC-24-027

11.0

19.0

769

8.0

6,152

Including

11.0

15.0

1,433

4.0

5,732

ZG-RC-24-028

2.0

26.0

986

24.0

23,672

Including

18.0

22.0

4,418

4.0

17,672

ZG-RC-24-028

45.0

55.0

908

10.0

9,076

Including

50.0

54.0

1,900

4.0

7,600

ZG-RC-24-029

5.0

17.0

543

12.0

6,516

ZG-RC-24-029

20.0

37.0

464

17.0

7,892

ZG-RC-24-031

8.0

22.0

744

14.0

10,416

ZG-RC-24-033

25.0

28.0

1,863

3.0

5,588

ZG-RC-24-062

10.0

21.0

370

11.0

4,072

ZG-RC-24-067

74.0

78.0

1,075

4.0

4,300

ZG-RC-24-074

62.0

76.0

387

14.0

5,424

ZG-RC-24-082

24.0

40.0

1,155

16.0

18,472

Including

33.0

38.0

2,335

5.0

11,676

ZG-RC-24-140

11.0

13.0

2,268

2.0

4,536

ZG-RC-24-142

1.0

5.0

1,881

4.0

7,524

Including

2.0

4.0

3,546

2.0

7,092

ZG-RC-24-243

0.0

25.0

420

25.0

10,504

Including

9.0

13.0

1,242

4.0

4,968

Underground T28

TD28-24-2030-329

0.0

9.6

519

9.6

4,982

TD28-24-2030-335

0.0

12.0

718

12.0

8,621

Including

2.4

6.0

1,447

3.6

5,208

TD28-24-2030-338

1.2

25.2

539

24.0

12,926

Including

9.6

15.6

1,558

6.0

9,350

TD28-24-2050-412

19.2

26.4

705

7.2

5,078

Underground YAK

YAKD-24-2000-122

14.4

28.8

931

14.4

13,406

Including

21.6

26.4

2,054

4.8

9,859

YAKD-24-2000-130

22.8

34.8

729

12.0

8,750

Including

24.0

27.6

1,963

3.6

7,066

 

 

 

 

 

 

1 Holes were drilled at various angles; true widths are unknown at this time.

2 All assay results are above the cut-off grade of 75 g/t Ag

 

Figure 1: Location of Drill Results at Zgounder