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Aya Gold & Silver Unveils Encouraging Drill Results

Aya Gold & Silver Unveils Encouraging Drill Results

Aya Gold & Silver Announces Impressive Drill Results

Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) is thrilled to share the latest high-grade silver drill results from its ongoing exploration efforts at the Zgounder Silver Mine in Morocco. The company is dedicated to expanding its resource base, and these recent findings further demonstrate its commitment to growth and exploration.

Exciting Findings from Recent Drilling

The latest drilling results highlight a strong continuity of high-grade silver mineralization across several zones:

Central Zone

At the Central Zone from the 1,950m level:

  • Hole DZG-SF-24-081 encountered an impressive 1,339 grams per tonne (“g/t”) silver over 9.5 meters, including a remarkable 2,984 g/t silver over 4.0 meters.
  • Hole DZG-SF-24-089 showed a strong result of 2,522 g/t silver over 3.0 meters, with a peak of 7,052 g/t silver over 1.0 meter.
  • Hole DZG-SF-24-134 revealed another significant find, recording 448 g/t silver over 10.5 meters.

Western Zone

Exploration in the Western Zone from the 2,000m level uncovered:

  • Hole ZG-SF-24-141 produced 626 g/t silver over 6.0 meters.
  • Hole ZG-SF-24-163 recorded 536 g/t silver over 7.0 meters.

Eastern Zone

Results from the Eastern Zone at the 2,000m level included:

  • Hole DZG-SF-24-111 returned 2,372 g/t silver over 6.5 meters and 1,042 g/t silver over 4.5 meters.
  • Hole DZG-SF-24-098 featured 1,244 g/t silver over 4.0 meters, with a peak value of 2,242 g/t silver over 2.0 meters.
  • Hole DZG-SF-24-108 showed 747 g/t silver over 6.0 meters.

Additional Encouraging Exploration Holes

Other holes drilled near the granite contact yielded:

  • Hole ZG-SF-24-183 provided results of 376 g/t silver over 9.3 meters.
  • Hole DZG-SF-24-164 revealed 657 g/t silver over 10.5 meters, including a significant 1,037 g/t silver over 4.5 meters.

Current Exploration Campaign Status

So far in the 2024 exploration program, a total of 21,190 meters have been drilled, yielding promising results that indicate further potential for resource expansion.

Management's Perspective

Benoit La Salle, President & CEO of Aya Gold & Silver, remarked, "The high-grade drill results we have today reaffirm the ongoing continuity and quality of silver mineralization at Zgounder. Our exploration efforts, especially in the western and eastern extremes, are uncovering significant potential for resource expansion. We currently have four underground rigs operating, and we expect more results soon.”

About Aya Gold & Silver Inc.

Aya Gold & Silver is a rapidly growing Canadian silver producer, with its flagship Zgounder Silver Mine located in Morocco. As the only pure silver mining company listed on the TSX, it focuses on operations and exploration of properties along the promising South-Atlas Fault, with a strong emphasis on historical mining resources. The company also oversees the Tijirit Gold Project in Mauritania, working towards its feasibility.

The dedicated management team at Aya prioritizes shareholder value and emphasizes sustainability in their operations, governance, and financial strategies.

For further inquiries or information, please contact:

Benoit La Salle, FCPA, MBA

President & CEO
Email: Benoit.lasalle@ayagoldsilver.com

Alex Ball

VP, Corporate Development & IR
Email: alex.ball@ayagoldsilver.com

Frequently Asked Questions

1. What are the main highlights from the recent drilling results?

The key highlights include exceptional silver intercepts across multiple zones, with notable values such as 2,984 g/t silver over 4.0 meters in the Central Zone.

2. What is the current exploration strategy of Aya Gold & Silver?

Aya Gold & Silver is focused on expanding its resource base through an aggressive drilling campaign, actively exploring various zones beneath the Zgounder Mine.

3. How many meters have been drilled so far in 2024?

A total of 21,190 meters have been drilled as part of the 2024 exploration program thus far.

4. Where is Aya Gold & Silver's primary operations located?

Their main operations are located at the Zgounder Silver Mine in Morocco, along with exploration efforts on numerous prospective properties.

5. Who should I contact for further information?

For additional information, you can contact Benoit La Salle or Alex Ball via their respective emails.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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