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Aya Gold & Silver Intercepts 1,383 g/t Ag over 13.5m, Extending Zgounder


  • Extension of the mineralised trend below the 1975 level by ZG-SF-21-67 which encountered 1,383 grams per tonne (“g/t”) silver (“Ag”) over 13.5 meters (“m”) including
    • 10,960 g/t Ag over 0.5m
    • 10,435 g/t Ag over 0.5m
    • 5,000 g/t Ag over 0.5m
    • 3,002 g/t Ag over 0.5m
    • 1,598 g/t Ag over 0.5
  • Confirmation of the eastern vertical continuity 200m below surface with ZG-21-51 which generated 1,615 g/t Ag over 8.5m including
    • 11,360 g/t Ag over 0.5m
    • 8,840 g/t Ag over 0.5m
    • 1,840 g/t Ag over 0.5m
    • 1,752 g/t Ag over 0.5
  • Ongoing definition of high-grade* mineralisation below the 2,030m level with ZG-21-50 which returned 2,446 g/t Ag over 4.0m including
    • 10,635 g/t Ag over 0.5m
    • 8,080 g/t Ag over 0.5

in addition to 5,778 g/t Ag over 2.0m including

    • 15,240 g/t Ag over 0.5m
    • 6,075 g/t Ag over 0.5m
    • 1,528 g/t Ag over 0.5
  • Continued definition of eastern high-grade mineralisation with ZG-21-43 which returned 2,311 g/t Ag over 2.0m including
    • 2,080 g/t Ag over 2.0m
    • 1,821 g/t Ag over 3.0m

“Today’s results confirm high-grade continuity along strike and at depth to the east. These outstanding results also demonstrate high-grade continuity below the current resource and outline the upside potential outside of our current resource drill-out area. In particular, intersection ZG-SF-21-67 opens up a previously untested area below the mining operations. Our upcoming resource estimate is expected to represent a first step in expanding Zgounder, which remains open where we are currently drilling,” said Benoit La Salle, President & CEO.

Included in this release are results for 30 diamond drill holes (“DDH”), which include eight DDH from surface and 22 underground holes. For a full summary of today’s results from the 2021 drill program, refer to Appendix 1 for surface results and Appendix 2 for underground results.

Table 1 – Significant Intercepts from Drilling at Zgounder (core lengths)

Hole No.

From (m)

To (m)

Length1 (m)

Ag2 (g/t)

Surface

ZG-21-43

6.00

7.50

1.50

264

177.00

181.00

4.00

100

224.00

226.00

2.00

2,311

270.00

273.00

3.00

1,821

359.50

361.00

1.50

148

376.00

377.50

1.50

2,080

448.00

449.50

1.50

124

451.00

452.50

1.50

88

ZG-21-50

102.00

106.00

4.00

2,446


 including

0.50

8,080


including

0.50

10,635

113.50

116.50

3.00

182

173.50

175.50

2.00

5,778


 including

0.50

1,528


 including

0.50

15,240


 including

0.50

6,075

ZG-21-51

48.50

53.00

4.50

167

69.00

71.00

2.00

122

154.00

154.50

0.50

152

212.50

213.00

0.50

96

219.50

228.00

8.50

1,615


 including

0.50

1,752


 including

0.50

11,360


 including

0.50

8,840


 including

0.50

1,840

232.50

234.00

1.50

480

392.00

399.50

7.50

159

ZG-21-58

3.00

4.50

1.50

92

45.50

46.50

1.00

80

132.50

133.50

1.00

80

136.00

139.00

3.00

1,703


 including

0.50

3,920


 including

0.50

3,560

152.50

154.00

1.50

113

211.50

212.50

1.00

120

Underground

ZG-SF-21-50

3.00

4.50

1.50

1,871

87.00

88.00

1.00

1,012

ZG-SF-21-52

20.00

25.50

5.50

994

34.00

34.50

0.50

1,044

37.50

38.00

0.50

160

45.00

46.50

1.50

189

60.00

61.50

1.50

76

71.00

74.00

3.00

614

ZG-SF-21-53

0.00

3.00

3.00

106

59.00

60.50

1.50

1,547

63.00

63.50

0.50

114

ZG-SF-21-62

5.50

8.00

2.50

1,606

ZG-SF-21-66

18.00

19.50

1.50

76

42.00

43.50

1.50

1,452

51.00

54.00

3.00

420

56.50

58.50

2.00

700

ZG-SF-21-67

19.50

23.50

4.00

135

70.50

84.00

13.50

1,383


 including

0.50

1,598


 including

0.50

5,000


 including

0.50

10,960


 including

0.50

10,435


 including

0.50

3,002

125.50

127.00

1.50

96

ZG-SF-21-77

36.00

38.00

2.00

2,865


including

0.50

9,584

48.00

49.50

1.50

244

1 Holes were drilled at various angles; true widths are not known at this time.

2 All assay results are above the cut-off grade of 75 g/t Ag.

Quality Assurance

For core drilling, all individual samples represent approximately one meter in length of core, which is halved. Half of the core is kept on site for reference, and its counterpart is sent for preparation and assaying to African Laboratory for Mining and Environment in Marrakech, Morocco. All samples are analysed for silver, copper, iron, lead, and zinc using Aqua regia and finished by atomic absorption spectroscopy (“AAS”). Samples grading above 200 g/t Ag are reanalysed using fire assaying.

Marc-Antoine Audet, Ph.D. P. Geo, Geological Consultant, is Aya Gold & Silver’s Qualified Person and has reviewed this press release for accuracy and compliance with National Instrument 43-101.

About Aya Gold & Silver Inc.

Aya Gold & Silver…



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