financetom
Business
financetom
/
Business
/
Aya Gold & Silver Reports New Zone, High-Grade Results at Zgounder Mine in Morocco
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Aya Gold & Silver Reports New Zone, High-Grade Results at Zgounder Mine in Morocco
Sep 9, 2025 5:47 AM

08:17 AM EDT, 09/09/2025 (MT Newswires) -- Aya Gold & Silver ( AYASF ) reported Tuesday exploration results from its Zgounder silver mine in Morocco, including the discovery of a new mineralized zone north of the current open pit.

The company said drill hole ZG-25-156 intercepted 167 grams per tonne (g/t) silver over 2.0 meters within a broader 19.0-meter interval.

"The discovery of a new mineralized zone, north of the open pit, is an exciting development that has the potential to grow near-mine resources," president and chief executive Benoit La Salle said. "We plan to follow up with additional drilling in the coming months."

Aya also reported high-grade results from its ongoing drill program. Highlights from drill hole ZG-SF-25-319 included 655 g/t silver over 4.5 meters, 670 g/t silver over 3.0 meters, and 442 g/t silver over 2.5 meters.

"High-grade intercepts such as hole ZG-SF-25-319 in the west area near the granite contact further demonstrate the mineralization at depth, extending beyond the current resource model," La Salle said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Goldman Sachs looks to expand private equity credit lines as dealmaking picks up
Goldman Sachs looks to expand private equity credit lines as dealmaking picks up
May 17, 2024
NEW YORK, May 17 (Reuters) - U.S. investment bank Goldman Sachs ( GS ) is muscling into the lending market for private equity and asset managers, planning an overseas expansion as it helps fill a void left by turmoil at regional banks and the sale of Credit Suisse. The Wall Street bank and rivals JPMorgan Chase ( JPM ) and...
Market Chatter: Snowflake in Talks to Acquire Reka AI for Over $1 Billion
Market Chatter: Snowflake in Talks to Acquire Reka AI for Over $1 Billion
May 17, 2024
06:01 AM EDT, 05/17/2024 (MT Newswires) -- Snowflake (SNOW) is in negotiations to acquire startup Reka AI for over $1 billion, aiming to enhance its generative AI capabilities, Bloomberg reported, citing people familiar with the matter. Reka AI, founded in 2022, develops large language models for tasks like image captioning and customer support chatbots. The acquisition talks are still ongoing...
Analysis-Endeavor's $13 billion deal highlights push to sidestep minority shareholders
Analysis-Endeavor's $13 billion deal highlights push to sidestep minority shareholders
May 17, 2024
(Reuters) - Endeavor Group's ( EDR ) decision to deny minority shareholders the ability to veto a $13 billion deal to take the entertainment conglomerate private is the latest example of a company's controlling investors risking lawsuits to avoid paying a higher deal price. At stake is a corporate governance safeguard that reassures minority investors they are getting a fair...
TV companies flaunt ad tech and AI to persuade advertisers to spend
TV companies flaunt ad tech and AI to persuade advertisers to spend
May 17, 2024
NEW YORK, May 17 (Reuters) - Television upfront advertiser presentations this week in New York City were hardly about TV at all. The annual week-long affair where media executives have traditionally pre-sold TV advertising featured many familiar trappings: pop stars Alicia Keys and Billie Eilish dazzled packed auditoriums with live performances; celebrities Kevin Hart, Reese Witherspoon and Ryan Reynolds hawked...
Copyright 2023-2026 - www.financetom.com All Rights Reserved