07:56 AM EST, 02/04/2025 (MT Newswires) -- Aya Gold & Silver ( AYASF ) said on Tuesday that it expanded its Boumadine project in Morocco by 28% after securing the right to four additional mining licenses.

The four licenses totaled 59.9 kilometers, increasing the property's size to more than 272 square kilometers.

The company also secured the rights to a 600 square-kilometer exploration authorization, allowing it to carry out exploration activities over any unclaimed land within the authorized area.

"Over the past 15 months we have increased our footprint at Boumadine by 848%, aligning with our vision to consolidate ground around this world-class asset," said Benoit La Salle, Aya's president and CEO.

Aya completed 17,034 meters of drilling at Boumadine in January, with over 30,000 assays pending.

"By systematically applying advanced technology and modern exploration techniques, we will continue to generate drill targets potentially leading to a significant resource increase at Boumadine and driving further growth in the near future," La Salle added.