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Aya Gold & Silver Inc. Expands Exploration at Zgounder Silver Mine in Morocco

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Cashu
1 day ago
Cashu TLDR
  • Aya Gold & Silver Inc. has expanded exploration at Zgounder Silver Mine by 11.9%, totaling over 452.7 square kilometers.
  • Recent drilling at Zgounder revealed high-grade silver results, indicating promising mineral continuity and resource potential.
  • The company has secured six new permits, aiming to enhance its resource base and sustainable development in silver mining.
aya.to Logo
AYA.TO
Aya Gold & Silver Inc
-5.02%

Aya Gold & Silver Inc. Expands Exploration at Zgounder Silver Mine

Aya Gold & Silver Inc. has embarked on an extensive drill exploration program at its Zgounder Silver Mine in Morocco, which now includes the newly acquired Zgounder Far East permits. This initiative marks a substantial increase in the exploration area by 11.9%, bringing the total to over 452.7 square kilometers. The program, which commenced on June 22, 2025, aims to enhance the understanding of the mineral resources available in the region. Recent drilling efforts have produced high-grade silver results from 152 drill holes, showcasing the potential of the site. Significant intercepts from the open-pit area indicate a promising continuity of mineralization, particularly from drill holes ZG-RC-24-303 and ZG-RC-24-434.

The exploration strategy is directed towards identifying satellite deposits and expanding Aya’s land package, which is crucial for enhancing the company’s resource potential. The 2025 program has seen 57 diamond drill holes completed, totaling 8,343 meters, primarily focused on the Central and Western Zones. Notably, the Far East block of permits exhibits favorable geology, revealing high-grade silver, copper, and gold samples within a 20-kilometer radius of the Zgounder deposit. The company’s commitment to rigorous quality assurance in sampling and analysis underscores its dedication to operational excellence as it navigates the complexities of mineral exploration.

Aya Gold & Silver is strategically positioning itself for future growth by securing six new permits that will be further mapped and prospected in the latter half of the year. The current drilling activities not only focus on expanding the known resources but also aim to provide critical insights into both open-pit and underground operations at Zgounder. As the only TSX-listed pure silver mining company, Aya is focused on maximizing shareholder value while promoting sustainable practices in its exploration and production activities.

In addition to the exploration advancements, Aya Gold & Silver acknowledges the inherent risks associated with mineral exploration, including government approvals and fluctuating economic conditions. The company remains optimistic about its prospects, as the ongoing efforts at Zgounder are expected to yield a better understanding of the deposit and potentially expand open-pit operations in the near future. The exploration program is a vital component of Aya’s long-term strategy to enhance its resource base and ensure sustainable development in the silver mining sector.

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