Aya Gold & Silver Provides Year-End 2025 Exploration Update

Core Viewpoint - Aya Gold & Silver Inc. has reported significant exploration results for 2025, highlighting the potential for substantial high-grade silver and polymetallic resources at the Zgounder Silver Mine and Boumadine Project in Morocco, supported by extensive drilling and new permits [2][5][20]. Zgounder Mine Exploration - The exploration at Zgounder included over 175,000 meters of drilling, exceeding the target of 20,000–25,000 meters, confirming significant mineralization at depth and extending the open pit [5][10]. - Notable drill results include: - Hole DZG-SF-24-228: 3,794 g/t Ag over 10.0 m - Hole DZG-SF-24-412: 3,279 g/t Ag over 8.0 m, including 6,425 g/t Ag over 4.0 m - Hole ZG-RC-24-413: 1,001 g/t Ag over 28.0 m, including 2,787 g/t Ag over 7.0 m [5][10][11]. - The updated mineral resource estimate as of December 2025 shows: - Proven and Probable (P&P) Reserves: 73 million ounces (Moz) Ag at 145 g/t - Measured & Indicated Resources: 100 Moz Ag at 165 g/t, reflecting a 5% increase from the previous estimate [5][9]. Boumadine Exploration - Boumadine's exploration involved 569 drill holes totaling 150,325 meters, with significant mineralization confirmed, including: - BOU-MP25-087: 2,323 g/t AgEq over 15.0 m, including 3,858 g/t AgEq over 8.7 m - BOU-RC25-026: 3,336 g/t AgEq over 6.0 m, including 8,163 g/t AgEq over 2.0 m [20][25]. - The updated mineral resource estimate as of March 31, 2025, includes: - Indicated Mineral Resource: 5.2 million tonnes (Mt) at 91 g/t Ag, 2.78 g/t Au, 2.8% Zn, and 0.85% Pb, containing an estimated 15.1 Moz of Ag - Inferred Mineral Resource: 29.2 Mt at 82 g/t Ag, containing an estimated 76.8 Moz of Ag, reflecting a 120% increase from the prior estimate [22][25]. Additional Exploration and Future Plans - The company has added 16 new exploration permits, expanding the exploration footprint in Morocco to 378.8 km² for Zgounder and 340.74 km² for Boumadine [2][9][20]. - Future exploration plans include geological mapping, geochemical campaigns, and machine learning-based geoanalytics to identify new targets for 2026 [18][20].