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Aya Gold & Silver Provides High-Grade Drill Results at Zgounder Mine in Morocco
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Aya Gold & Silver Provides High-Grade Drill Results at Zgounder Mine in Morocco
May 26, 2025 11:31 AM

07:25 AM EDT, 05/21/2025 (MT Newswires) -- Aya Gold & Silver ( AYASF ) reported Wednesday the latest high-grade results from the Zgounder silver mine in Morocco.

Results include 3,279 grams per tonne (g/t) silver over 8.0 meters in the central zone, 1,123 g/t silver over 6.0 meters in the open-pit area, and 1,640 g/t silver over 12.6 meters at depth near the granite contact.

"They confirm strong continuity at depth and reveal a new high-grade zone in the core of the orebody, all outside the current resource model," said Benoit La Salle, Aya's president and CEO.

Aya said it identified several regional targets from mapping and grab sampling. The company has drilled 7,122 meters of its 2025 exploration program to date.

"At the regional scale, recent mapping and sampling have outlined several high-priority targets east of Zgounder with potential for new discoveries," La Salle said. "With three rigs turning, we expect a steady stream of results in the months ahead at both Zgounder and Zgounder Regional."

Aya's share price jumped 7.1% on Tuesday to $11.08 on the TSX.

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