Aya Gold & Silver Confirms Discovery of New High-Grade Gold Zone at Asirem, West of Boumadine, Expands Footprint and Reports High-Grade Results from Boumadine Main Trend and Tizi Zone
Globenewswire·2025-09-15 11:00

Core Insights - Aya Gold & Silver Inc. has announced new drilling results that support the discovery of a new gold zone at the Asirem Zone in Morocco, indicating its potential as a significant exploration target [1][3] - The company has reported high-grade drill results from the Boumadine Main Trend and Tizi Zone, and has expanded its regional footprint by acquiring two new mining licenses [1][3] Exploration Results - The Asirem Zone has been traced over an 8-kilometer strike length, with drilling results showing gold grades of up to 12.2 g/t and copper grades of 4.1% [3][4] - Significant intercepts from the Boumadine Main Trend include 369 g/t silver equivalent over 9.0 meters and 232 g/t silver equivalent over 12.2 meters, confirming the high-grade continuity of the mineralization [4][10] - A total of 102,979 meters have been drilled at Boumadine in 2025, with ongoing drilling focused on extending known mineralization trends [9][10] Future Plans - A Preliminary Economic Assessment (PEA) for the Boumadine Main Trend is expected to be released by year-end, which will further highlight the project's potential [3][4] - The company plans to continue drilling at the newly discovered 8-kilometer Asirem trend, with a total drilling program of 100,000 to 140,000 meters planned [18][21] Geological Insights - The geology of the Asirem Zone consists of Neoproterozoic rocks, primarily rhyolitic tuffs, with mineralization associated with quartz and carbonate veins containing gold, copper, and traces of silver, lead, and zinc [14][17] - The mineralization in the Boumadine area is characterized by massive sulphide lenses and veins, indicating a complex geological environment conducive to mineral deposits [11][14]