Aya Gold & Silver Boosts Boumadine Exploration with New Licences
Expansion of Boumadine Exploration by Aya Gold & Silver
Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) is excited to share recent developments regarding its Boumadine project, located in Morocco. The company has successfully acquired four additional mining licenses, increasing its exploration area by 28.3%, bringing the total to over 272 square kilometers. This strategic move enhances Aya's footprint and potential in this mineral-rich region.
New Mining Licenses and Exploration Authorization
The addition of the new mining licenses, which cover a total of 59.9 square kilometers, complements the extensive exploration authorization that spans an impressive 600 square kilometers surrounding Boumadine. This authorization paves the way for Aya to conduct exploration activities and gives the company priority over unclaimed land in the designated area, emphasizing its commitment to expanding its mineral exploration strategies.
Significant Drilling Operations
In January 2025, Aya accomplished a notable milestone by completing 17,034 meters of drilling at the Boumadine site. Currently, the company is operating 11 diamond drill rigs and one reverse circulation (RC) drill rig, with more equipment expected to be deployed as part of its comprehensive 2025 exploration program. Aya's focus on advanced geological techniques and technology will drive the creation of new drill targets, which have the potential to lead to significant resource increases at Boumadine.
Results and Quality Control Measures
With over 30,000 assays pending from the recent drilling campaign, Aya is collaborating with external laboratories to expedite the analysis process and minimize delays in receiving results. The quality assurance measures in place for drilling include the collection of samples that are divided and analyzed under strict protocols at recognized laboratories, assuring the accuracy and reliability of their exploration data.
Commitment to Sustainability and Growth
Aya Gold & Silver is committed to establishing sustainable practices at the core of its operations as it continues to grow its mining capabilities. The company has a clear vision for enhancing shareholder value while adhering to stringent environmental and governance standards. As the only pure silver mining company listed on the TSX, Aya is not only focused on the Boumadine silver project but also oversees the high-grade Zgounder Silver Mine and the Tijirit Gold Project in Mauritania.
Exploring the Future
The management team at Aya understands the importance of consolidating its presence in Morocco's promising mining landscape. By applying cutting-edge technology and rigorous exploration strategies, Aya is positioned for potential expansions in resource discovery and production. The exploration activities planned for the Boumadine area are designed to leverage both existing and targeted drilling results, further contributing to the company’s growth and operational success.
Frequently Asked Questions
What is the significance of the new mining licenses acquired by Aya?
The new mining licenses increase Aya's exploration area by 28.3%, allowing for more extensive resource assessment and potential discoveries in the Boumadine region.
How many meters of drilling has Aya completed recently at Boumadine?
Aya has completed 17,034 meters of drilling at the Boumadine project, with many assays still pending analysis.
What is the focus of Aya Gold & Silver's exploration strategy?
Aya's strategy focuses on applying advanced technology and geological techniques to generate new drill targets and significantly increase resource estimates.
How does Aya ensure the quality of its exploration data?
The company employs strict quality assurance protocols, including sample control and analysis at reputable laboratories, to ensure reliable results from its drilling efforts.
What other projects does Aya Gold & Silver oversee?
In addition to the Boumadine project, Aya operates the Zgounder Silver Mine and is involved in the Tijirit Gold Project in Mauritania.
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