MONTREAL, Nov. 29, 2023 /CNW/ – Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce high-grade silver drill results from its at-depth drill program at the Zgounder Silver Mine in the Kingdom of Morocco.

Key Highlights (all intersections are in core lengths)

  • At depth near the granite, diamond drill hole (“DDH”) ZG-23-25 intercepted 1,075 grams per tonne (“g/t”) silver (“Ag”) over 7.5 meters (“m”), and ZG-SF-23-037 intercepted 1,356 g/t Ag over 4.0m
  • In the Central Zone from the 2,125m level:
  • hole DZG-SF-23-249 intercepted 5,755 g/t Ag over 2.5m,
  • hole DZG-SF-23-251 intercepted 988 g/t Ag over 9.5m, including 3,948 g/t Ag over 2.0m
  • In the Central Zone from the 1,950m level:
  • hole DZG-SF-23-214 intercepted 2,653 g/t Ag over 6.0m,
  • hole DZG-SF-23-153 intercepted 3,386 g/t Ag over 4.0m, including 6,295 g/t Ag over 2.0m
  • In the Central Zone from the 2,025m level:
  • hole TD28-23-2030-922 intercepted 7,868 g/t Ag over 4.8m

“Today’s Zgounder results including holes ZG-23-25 and ZG-SF-23-037 confirm mineralization at depth at the granite contact outside the current resource boundary,” said Benoit La Salle, President & CEO. “We are excited that these initial results show significant down-plunge extensions of the Zgounder deposit and demonstrate continuity of high grades and broad widths. Four underground rigs are now mobilized with the aim of expanding mineral resources at depth.”

Included in this release are results for 248 holes, which include 78 underground DDH, 25 surface DDH, 94 T28 and 51 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

Length

 (m)*

Ag x
width

(g/t)

Surface DDH

ZG-23-10

39.0

46.5

841

7.5

6,307

ZG-23-10

57.0

58.5

3800

1.5

5,700

ZG-23-25

326.5

334.0

1075

7.5

8,063

Underground DDH

ZG-SF-23-037

140.5

144.5

1356

4.0

5,425

DZG-SF-22-153

55.0

59.0

3386

4.0

13,542

Including

56.0

58.0

6295

2.0

12,589

DZG-SF-23-214

2.5

8.5

2653

6.0

15,920

DZG-SF-23-218

2.0

6.0

1708

4.0

6,832

Including

4.0

5.5

4056

1.5

6,084

DZG-SF-23-220

1.0

6.5

1015

5.5

5,585

DZG-SF-23-228

52.0

62.5

644

10.5

6,759

Including

55.0

59.5

1183

4.5

5,322

DZG-SF-23-233

90.5

102.0

950

11.5

10,925

Including

90.5

95.0

2102

4.5

9,459

DZG-SF-23-235

78.5

83.4

1389

4.9

6,806

Including

81.5

82.5

5548

1.0

5,548

DZG-SF-23-249

46.0

48.5

5755

2.5

14,389

DZG-SF-23-251

21.0

30.5

988

9.5

9,382

Including

23.5

25.5

3948

2.0

7,895

Underground T28

TD28-23-1968-878

19.2

25.2

2231

6.0

13,387

TD28-23-2030-922

19.2

24.0

7868

4.8

37,765

TD28-23-2100-854

0.0

3.6

4196

3.6

15,106

Underground YAK

YAKD-23-2030-274

9.6

15.6

2177

6.0

13,062

YAKD-23-2030-276

38.4

42.0

1390

3.6

5,003

YAKD-23-2030-279

31.2

38.4

1555

7.2

11,194

YAKD-23-2030-286

12.0

14.4

2143

2.4

5,143

YAKD-23-2030-286

39.6

51.6

815

12.0

9,783

Including

42.0

46.8

1855

4.8

8,904

YAKD-23-2100-258

3.6

7.2

1647

3.6

5,930

YAKD-23-2100-269

32.4

46.8

482

14.4

6,946

 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 Drill Results at Zgounder

Figure 1 - Location of Drill Results at Zgounder (CNW Group/Aya Gold & Silver Inc)

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…