MONTREAL, Feb. 14, 2023 /CNW/ - Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) ("Aya" or the "Corporation") is pleased to announce new high-grade exploration drill results, which confirm the extension of mineralization by 20% south of the main mineralized trend and confirm the discovery of several parallel structures at Boumadine, in the Kingdom of Morocco.
Definition of new mineralization and extension of the South Zone. The main mineralized trend, which now extends over 3.2 kilometres ("km"), is open at both ends along strike and at depth.
BOU-DD22-041 intercepted 609 g/t AgEq over 3.6m (4.02 g/t Au, 101 g/t Ag, 0.5% Zn, 2.5% Pb and 0.2% Cu) and 664 g/t AgEq over 1.70m (5.08 g/t Au, 106 g/t Ag, 0.8% Zn, 0.5% Pb and 0.2% Cu)
BOU-DD22-053 intercepted 736 g/t AgEq over 2.2m (6.24 g/t Au, 41 g/t Ag, 1.4% Zn, 1.0% Pb and 0.02% Cu)
BOU-DD22-050 intercepted 276 g/t AgEq over 9.5m (1.11 g/t Au, 94 g/t Ag, 1.0% Zn, 0.4% Pb and 0.1% Cu) including 3.9m at 431 g/t AgEq
BOU-DD22-077 intercepted 385 grams per tonne ("g/t") AgEq over 6.6 metres ("m") (3.22 g/t Au, 26 g/t Ag, 0.7% Zn, 0.5% Pb and 0.03% Cu) including 1.2m at 1,037 g/t AgEq
18,335m of drilling completed as of December 31, 2022, for a total of 86 diamond drill holes ("DDH")
Extension of the main mineralized trend to the south, extending mineralization to over 3.2 km of strike length, and remaining open in all directions
Confirmation of a satellite mineralization body at Tizi, and discovery of new parallel structures along the main trend
Currently, three rigs are drilling at Boumadine as part of the 36,000m program planned for 2023
_________________________________
1All intersections are in core lengths; Ag equivalent is based on a 100% recovery with the following ratios calculated with September 7, 2022, prices: 1g/t Au: 93.4 g/t Ag; 1% Cu: 130.4 g/t Ag; 1% Pb: 31.8 g/t Ag; 1% Zn: 54.1 g/t Ag
"We are excited with these drill results at Boumadine, which extend mineralization by 20% to over 3.2 kilometres and confirm the existence of parallel zones that significantly increase the potential to add high-grade ounces," said Benoit La Salle, President & CEO. "The 2023 drill exploration program has nearly doubled in size over last year's program, with the objective of extending the main mineralized trend to the south and delineating the known mineralization to deliver a resource statement over the next 12 months."
Table 1 – Significant Intercepts from 2022 Boumadine Drill Exploration Program (core lengths)
DDH No.
Section
From
(m)
To
(m)
Au
(g/t)
Ag
(g/t)
Length*
(m)
Cu
(%)
Pb
(%)
Zn
(%)
Mo
(g/t)
Ag Eq**
(g/t)
BOU-DD22-040
Central North
66.0
68.0
3.77
88
2.0
0.0
1.7
10.1
30
1,045
BOU-DD22-040
Central North
185.2
185.9
6.58
361
0.7
0.9
0.7
1.0
7
1,172
BOU-DD22-041
Central North
208.7
212.3
4.02
101
3.6
0.2
2.5
0.5
2
609
BOU-DD22-041
Central North
224.2
225.9
5.08
106
1.7
0.2
0.5
0.8
5
664
BOU-DD22-045
North
62.7
65.7
0.92
111
3.0
0.0
0.1
0.4
13
226
BOU-DD22-047
North
176.0
177.1
1.61
350
1.1
0.3
2.5
1.3
3
689
BOU-DD22-049
North
38.5
41.7
0.54
117
3.2
0.0
0.4
0.2
9
192
BOU-DD22-050
North
104.5
114.0
1.11
94
9.5
0.1
0.4
1.0
10
276
Including
105.6
109.5
2.16
191
3.9
0.1
0.2
0.3
10
431
BOU-DD22-053
Tizi North
51.8
54.0
6.24
41
2.2
0.0
1.0
1.4
3
736
Including
51.8
52.4
19.99
67
0.6
0.0
1.7
2.2
4
2,115
BOU-DD22-054
Tizi North
52.8
56.1
0.43
67
3.3
0.0
0.5
1.2
3
188
BOU-DD22-062
North
154.5
155.8
2.45
39
1.3
0.1
0.6
0.6
21
329
BOU-DD22-077
South 5
521.0
527.6
3.22
26
6.6
0.0
0.5
0.7
17
385
Including
523.4
524.6
8.73
62
1.2
0.0
0.6
2.5
44
1,037
BOU-DD22-078
Central 1
304.6
310.3
0.83
29
5.7
0.0
0.9
1.7
9
231
Including
304.6
306.5
1.29
62
1.9
0.1
2.3
4.3
8
499
BOU-DD22-080
Central-South
202.9
210.0
0.85
420
7.1
0.2
0.8
2.9
105
707
Including
208.6
210.0
2.86
1717
1.4
0.7
3.5
9.6
28
2,715
BOU-DD22-082
Central-South
322.9
324.6
1.62
36
1.7
0.1
0.7
0.8
7
261
BOU-DD22-083
Central-South
159.6
169.6
0.58
21
10.0
0.0
0.5
0.8
12
142
* True width remains undetermined at this stage; all values are uncut.
** Ag equivalent is based on a 100% recovery with the following ratio: 1 g/t Au: 93.4 g/t Ag; 1% Cu:130.4 Ag; 1% Pb: 31.8 Ag; 1% Zn: 54.1 Ag.
2022 Exploration Results and 2023 Drilling Programs
The 2022 drill exploration program at Boumadine completed 86 DDH for a total of 18,335m (Appendix 2). The drilling was completed on five targets: Central, South, Imariren, Tizi and the Southwest Zones (Figure 1).
All of the 2022 drilling results have been received except for hole BOU-DD22-086 (Table 1 and Appendix 1). Figures 5 to 8 present each of the sections drilled along the main trend, its significant results, and geological interpretation.
Results from the second phase of drilling along the main trend, both north (BOU-DD22-041and BOU-DD22-050) and south (BOU-DD22-077), extend the known mineralization to over 3.2 km strike length which remains open in all directions. Drilling to date also confirms discovery of parallel structures as shown by significant intersects, including BOU-DD22-078 and BOU-DD22-083. A mineralized satellite zone was also confirmed at Tizi.
The mineralization consists generally of 1m to 4m widths (locally reaching over 10m width) N340- oriented massive sulfide lenses/veins sharply dipping eastward (> 70°). The massive sulphide veins (>80%) are composed mainly of pyrite, with variable proportions of sphalerite, galena, and chalcopyrite.
In 2023, Aya intends to complete a 36,000m drill program, of which 21,000m will be allocated to delineation drilling along the main trend with the aim of building a resource (Figure 2). The remaining 15,000m will target new zones as well as extensions of the main trend along strike and at depth. The new 3D interpretation and model of the VTEM survey (Figure 3) will allow the Corporation to clearly follow the conductive anomaly, in addition to directly helping the exploration and the delineation programs.
Next Steps
The 36,000m drilling program is expected to be completed by mid 2023. The relogging and resampling of historic drill holes is ongoing for expected completion this year. Aya expects to use both data in estimating an NI 43-101-compliant resource update within the next 12 months. In addition, detailed surface mapping of the area is ongoing and is expected to be completed in the first half of this year.
Technical Information
Aya has implemented a quality control program to comply with best practices in sampling and analysis of drill core. Drill core samples were transported in sealed bags for analysis at Afrilab laboratory in Marrakech. Standards of different grades and blanks were inserted every 20 samples in addition to the standards, blanks and pulp duplicate inserted by Afrilab.
Qualified Person
The scientific and technical information contained in this press release have been reviewed by David Lalonde, B. Sc, Head of Exploration, Qualified Person, for accuracy and compliance with National Instrument 43-101.
About Aya Gold & Silver Inc.
Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer with operations in the Kingdom of Morocco.
The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault, several of which have hosted past-producing mines and historical resources. Aya's Moroccan mining assets are complemented by its Tijirit Gold Project in Mauritania, which is being advanced to feasibility.
Aya's management team maximizes shareholder value by anchoring sustainability at the heart of its production, resource, governance, and financial growth plans.
For additional information, please visit Aya's website at www.ayagoldsilver.com or contact:
Forward-Looking Statements
This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws ("forward-looking statements"), which reflects management's expectations regarding Aya's future growth and business prospects (including the timing and development of new deposits and the success of exploration activities) and other opportunities. Wherever possible, words such as " promising", "extend", "confirm", "belief", "potential", "confident", "could", "opportunity", "support", "suggest", "expected", "probably", and similar expressions or statements that certain actions, events or results "may", "could", "would", "might", "will", or are "likely" to be taken, occur or be achieved, have been used to identify such forward-looking information. Specific forward-looking statements in this press release include, but are not limited to, statements and information with respect to the exploration and development potential of Zgounder and the conversion of Inferred Mineral Resources into Measured and Indicated Mineral Resources, future opportunities for enhancing development at Zgounder, and timing for the release of the Company's disclosure in connection with the foregoing. Although the forward-looking information contained in this press release reflect management's current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, Aya cannot be certain that actual results will be consistent with such forward-looking information. Such forward-looking statements are based upon assumptions, opinions and analysis made by management in light of its experience, current conditions, and its expectations of future developments that management believe to be reasonable and relevant but that may prove to be incorrect. These assumptions include, among other things, the closing and timing of financing, the ability to obtain any requisite governmental approvals, the accuracy of Mineral Reserve and Mineral Resource Estimates (including, but not limited to, ore tonnage and ore grade estimates), silver price, exchange rates, fuel and energy costs, future economic conditions, anticipated future estimates of free cash flow, and courses of action. Aya cautions you not to place undue reliance upon any such forward-looking statements.
The risks and uncertainties that may affect forward-looking statements include, among others: the inherent risks involved in exploration and development of mineral properties, including government approvals and permitting, changes in economic conditions, changes in the worldwide price of silver and other key inputs, changes in mine plans (including, but not limited to, throughput and recoveries being affected by metallurgical characteristics) and other factors, such as project execution delays, many of which are beyond the control of Aya, as well as other risks and uncertainties which are more fully described in Aya's 2021 Annual Information Form dated June 16, 2022, and in other filings of Aya with securities and regulatory authorities which are available on SEDAR at www.sedar.com. Furthermore, Aya's corporate update of May 28, 2020 regarding the materiality of its assets as well as to studies regarding non-material assets remains applicable as at the date hereof. Aya does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs, and opinions change. Nothing in this document should be construed as either an offer to sell or a solicitation to buy or sell Aya securities. All references to Aya include its subsidiaries unless the context requires otherwise.
Appendix 1 – Full Drill Results from Boumadine (core lengths)
DDH No.
Section
From (m)
To (m)
Au (g/t)
Ag (g/t)
Length* (m)
Cu (%)
Pb (%)
Zn (%)
Mo (g/t)
Ag Eq** (g/t)
BOU-DD22-039
Central
163.9
164.9
0.42
12
1.0
0.0
0.1
0.2
2
64
BOU-DD22-039
Central
170.8
171.3
1.58
89
0.5
0.0
0.8
2.3
4
391
BOU-DD22-039
Central
306.0
306.7
0.93
109
0.7
0.1
1.1
1.3
15
307
BOU-DD22-039
Central
345.4
346.5
0.32
55
1.1
0.0
1.1
1.1
14
185
BOU-DD22-039
Central
443.1
443.8
0.60
35
0.7
0.0
1.0
1.1
8
181
BOU-DD22-040
Central North
25.5
26.0
0.69
41
0.5
0.0
0.2
0.3
33
128
BOU-DD22-040
Central North
44.0
45.0
0.40
15
1.0
0.0
0.1
0.2
4
66
BOU-DD22-040
Central North
66.0
68.0
3.77
88
2.0
0.0
1.7
10.1
30
1045
BOU-DD22-040
Central North
93.4
94.6
0.52
21
1.2
0.0
0.7
3.5
3
287
BOU-DD22-040
Central North
96.8
97.3
0.70
86
0.5
0.0
3.9
6.3
5
617
BOU-DD22-040
Central North
103.7
104.4
0.88
64
0.7
0.0
0.9
1.3
65
248
BOU-DD22-040
Central North
109.1
110.1
0.38
15
1.0
0.0
0.4
0.3
8
80
BOU-DD22-040
Central North
131.9
132.7
0.21
44
0.8
0.0
1.3
4.0
9
322
BOU-DD22-040
Central North
136.7
137.8
1.77
72
1.1
0.0
3.1
8.3
27
791
BOU-DD22-040
Central North
143.2
143.7
0.23
67
0.5
0.0
0.9
4.3
1
351
BOU-DD22-040
Central North
179.2
180.3
0.36
16
1.1
0.0
0.4
0.4
3
83
BOU-DD22-040
Central North
182.3
183.3
0.31
16
1.0
0.0
0.1
0.1
4
58
BOU-DD22-040
Central North
185.2
185.9
6.58
361
0.7
0.9
0.7
1.0
7
1172
BOU-DD22-041
Central North
42.0
42.5
0.91
154
0.5
0.0
4.9
0.6
20
431
BOU-DD22-041
Central North
70.8
71.6
0.56
41
0.8
0.0
1.0
1.7
167
225
BOU-DD22-041
Central North
73.8
74.3
0.22
52
0.5
0.0
1.8
1.8
17
232
BOU-DD22-041
Central North
87.2
88.9
0.41
61
1.7
0.0
0.7
1.9
43
227
BOU-DD22-041
Central North
93.0
95.1
0.27
70
2.1
0.0
2.7
3.3
12
359
BOU-DD22-041
Central North
104.7
107.5
0.70
8
2.8
0.0
0.1
0.1
3
84
BOU-DD22-041
Central North
110.8
111.3
0.73
59
0.5
0.0
1.2
2.7
6
314
BOU-DD22-041
Central North
113.3
114.4
0.46
4
1.1
0.0
0.0
0.2
1
57
BOU-DD22-041
Central North
171.0
172.0
0.30
16
1.0
0.0
0.7
1.7
28
159
BOU-DD22-041
Central North
183.8
184.3
0.02
72
0.5
0.0
8.3
0.5
2
366
BOU-DD22-041
Central North
205.5
206.0
0.11
67
0.5
0.0
0.4
0.7
2
131
BOU-DD22-041
Central North
208.7
212.3
4.02
101
3.6
0.2
2.5
0.5
2
609
BOU-DD22-041
Central North
224.2
225.9
5.08
106
1.7
0.2
0.5
0.8
5
664
BOU-DD22-041
Central North
232.5
233.0
1.90
83
0.5
0.3
0.3
0.3
9
320
BOU-DD22-042
NSR
0.0
153.2
0.00
0
153.2
0.0
0.0
0.0
0
0
BOU-DD22-043
NSR
0.0
150.0
0.00
0
150.0
0.0
0.0
0.0
0
0
BOU-DD22-044
North
1.5
2.7
0.42
8
1.2
0.0
0.1
0.0
2
51
BOU-DD22-044
North
9.2
10.2
0.14
40
1.0
0.0
0.4
0.0
15
69
BOU-DD22-044
North
14.1
15.1
0.26
40
1.0
0.0
0.1
0.0
6
70
BOU-DD22-044
North
18.1
26.7
0.29
42
8.6
0.0
0.1
0.1
5
78
Including
20.1
21.1
1.31
41
1.0
0.0
0.1
0.0
10
169
BOU-DD22-045
North
41.0
41.8
0.61
47
0.8
0.0
0.7
1.6
5
214
BOU-DD22-045
North
60.3
61.5
0.10
40
1.2
0.0
0.4
0.8
7
109
BOU-DD22-045
North
62.7
65.7
0.92
111
3.0
0.0
0.1
0.4
13
226
BOU-DD22-046
North
110.2
111.0
0.41
32
0.8
0.0
0.1
0.2
4
84
BOU-DD22-046
North
113.0
114.2
0.38
59
1.2
0.0
0.5
0.6
4
145
BOU-DD22-047
North
176.0
177.1
1.61
350
1.1
0.3
2.5
1.3
3
689
BOU-DD22-047
North
184.6
185.3
0.02
88
0.7
0.0
0.8
2.7
7
260
BOU-DD22-048
North
10.9
11.9
1.31
8
1.0
0.0
0.4
0.0
5
144
BOU-DD22-048
North
17.8
19.1
0.95
64
1.3
0.0
0.5
0.0
4
173
BOU-DD22-049
North
6.8
8.6
0.52
26
1.8
0.0
0.2
0.0
12
83
BOU-DD22-049
North
12.2
13.1
2.00
77
0.9
0.0
0.1
0.0
55
273
BOU-DD22-049
North
21.5
22.7
0.57
4
1.2
0.0
0.0
0.0
10
62
BOU-DD22-049
North
23.8
27.5
0.29
34
3.7
0.0
0.3
0.1
7
77
BOU-DD22-049
North
28.3
28.9
0.42
8
0.6
0.0
0.1
0.0
2
54
BOU-DD22-049
North
38.5
41.7
0.54
117
3.2
0.0
0.4
0.2
9
192
BOU-DD22-049
North
42.6
43.6
0.12
35
1.0
0.0
0.1
0.1
3
55
BOU-DD22-049
North
50.7
51.5
1.58
11
0.8
0.0
0.1
0.1
11
165
BOU-DD22-050
North
2.6
5.0
0.99
12
2.4
0.0
0.4
0.0
18
120
BOU-DD22-050
North
7.0
9.0
0.42
12
2.0
0.0
0.1
0.0
11
56
BOU-DD22-050
North
70.5
71.0
1.50
87
0.5
0.0
0.5
5.5
19
546
BOU-DD22-050
North
104.5
114.0
1.11
94
9.5
0.1
0.4
1.0
10
276
Including
105.6
109.5
2.16
191
3.9
0.1
0.2
0.3
10
431
BOU-DD22-050
North
121.8
122.9
0.50
16
1.1
0.0
0.3
0.6
77
110
BOU-DD22-050
North
133.9
135.5
0.32
24
1.6
0.0
0.4
0.1
11
77
BOU-DD22-051
Tizi South
24.4
26.0
1.13
16
1.6
0.0
0.1
0.0
259
144
BOU-DD22-051
Tizi South
47.6
48.4
0.35
16
0.8
0.0
0.2
0.2
7
67
BOU-DD22-052
Tizi South
107.0
107.8
0.68
8
0.8
0.0
0.0
0.1
3
79
BOU-DD22-053
Tizi North
37.2
38.3
0.48
40
1.1
0.0
0.4
0.5
1
127
BOU-DD22-053
Tizi North
51.8
54.0
6.24
41
2.2
0.0
1.0
1.4
3
736
Including
51.8
52.4
19.99
67
0.6
0.0
1.7
2.2
4
2115
BOU-DD22-054
Tizi North
52.8
56.1
0.43
67
3.3
0.0
0.5
1.2
3
188
BOU-DD22-054
Tizi North
78.8
79.8
0.85
12
1.0
0.0
0.3
0.3
3
115
BOU-DD22-054
Tizi North
89.9
103.9
0.38
47
14.0
0.0
1.4
2.5
8
264
BOU-DD22-055
NSR
0.0
103.5
0.00
0
103.5
0.0
0.0
0.0
0
0
BOU-DD22-056
NSR
0.0
150.9
0.00
0
150.9
0.0
0.0
0.0
0
0
BOU-DD22-057
Imariren 2
29.4
30.5
1.04
17
1.1
0.0
0.6
0.7
3
170
BOU-DD22-058
Imariren 3
30.0
31.0
0.96
16
1.0
0.0
0.4
1.4
4
195
BOU-DD22-058
Imariren 3
32.0
32.5
0.32
32
0.5
0.0
0.5
2.5
6
214
BOU-DD22-058
Imariren 3
47.8
48.5
1.18
22
0.7
0.0
0.5
8.9
2
630
BOU-DD22-059
NSR
0.0
134.6
0.00
0
134.6
0.0
0.0
0.0
0
0
BOU-DD22-060
NSR
0.0
101.3
0.00
0
101.3
0.0
0.0
0.0
0
0
BOU-DD22-061
Imariren 4
81.2
82.2
1.08
8
1.0
0.0
0.3
0.9
7
172
BOU-DD22-062
North
55.5
56.2
0.26
40
0.7
0.0
0.2
0.2
11
80
BOU-DD22-062
North
59.6
65.0
0.40
32
5.4
0.0
0.2
2.0
13
187
BOU-DD22-062
North
154.5
155.8
2.45
39
1.3
0.1
0.6
0.6
21
329
BOU-DD22-062
North
196.3
197.0
1.00
29
0.7
0.1
0.5
1.4
24
232
BOU-DD22-063
NSR
0.0
179.1
0.00
0
179.1
0.0
0.0
0.0
0
0
BOU-DD22-064
NSR
0.0
152.7
0.00
0
152.7
0.0
0.0
0.0
0
0
BOU-DD22-065
NSR
0.0
154.9
0.00
0
154.9
0.0
0.0
0.0
0
0
BOU-DD22-066
NSR
0.0
152.3
0.00
0
152.3
0.0
0.0
0.0
0
0
BOU-DD22-067
NSR
0.0
224.9
0.00
0
224.9
0.0
0.0
0.0
0
0
BOU-DD22-068
NSR
0.0
100.0
0.00
0
100.0
0.0
0.0
0.0
0
0
BOU-DD22-069
South-Ouest
129.9
130.5
0.02
218
0.6
0.3
13.6
15.5
0
1529
BOU-DD22-070
NSR
0.0
100.7
0.00
0
100.7
0.0
0.0
0.0
0
0
BOU-DD22-071
NSR
0.0
194.8
0.00
0
194.8
0.0
0.0
0.0
0
0
BOU-DD22-072
NSR
0.0
162.8
0.00
0
162.8
0.0
0.0
0.0
0
0
BOU-DD22-073
NSR
0.0
152.1
0.00
0
152.1
0.0
0.0
0.0
0
0
BOU-DD22-074
NSR
0.0
156.9
0.00
0
156.9
0.0
0.0
0.0
0
0
BOU-DD22-075
NSR
0.0
155.3
0.00
0
155.3
0.0
0.0
0.0
0
0
BOU-DD22-076
South 5
301.8
302.6
0.64
16
0.8
0.1
0.1
0.0
27
89
BOU-DD22-077
South 5
355.1
355.9
0.49
1
0.8
0.0
0.0
0.0
7
49
BOU-DD22-077
South 5
357.2
358.3
0.62
7
1.1
0.0
0.0
0.0
12
69
BOU-DD22-077
South 5
384.6
387.1
0.58
22
2.5
0.0
0.3
0.3
11
104
BOU-DD22-077
South 5
475.5
476.5
0.02
64
1.0
0.1
0.0
0.1
8
85
BOU-DD22-077
South 5
521.0
527.6
3.22
26
6.6
0.0
0.5
0.7
17
385
Including
523.4
524.6
8.73
62
1.2
0.0
0.6
2.5
44
1037
BOU-DD22-078
Central 1
102.1
102.8
0.30
49
0.7
0.1
0.6
6.1
4
438
BOU-DD22-078
Central 1
105.7
106.9
0.32
20
1.2
0.0
0.5
0.6
5
96
BOU-DD22-078
Central 1
131.3
131.9
0.54
24
0.6
0.0
0.1
0.1
5
86
BOU-DD22-078
Central 1
304.6
310.3
0.83
29
5.7
0.0
0.9
1.7
9
231
Including
304.6
306.5
1.29
62
1.9
0.1
2.3
4.3
8
499
BOU-DD22-078
Central 1
342.2
343.0
1.11
9
0.8
0.0
0.8
1.0
8
191
BOU-DD22-078
Central 1
770.8
772.6
0.47
6
1.8
0.0
0.2
0.0
12
61
BOU-DD22-078
Central 1
773.3
776.2
0.53
13
2.9
0.0
0.3
0.1
12
82
BOU-DD22-078
Central 1
803.0
803.8
0.34
13
0.8
0.0
0.8
1.7
11
166
BOU-DD22-079
Central-South
131.8
133.2
0.80
42
1.4
0.0
0.2
2.5
10
262
BOU-DD22-079
Central-South
135.6
136.1
0.93
60
0.5
0.0
1.8
1.5
10
287
BOU-DD22-080
Central-South
202.9
210.0
0.85
420
7.1
0.2
0.8
2.9
105
707
Including
208.6
210.0
2.86
1717
1.4
0.7
3.5
9.6
28
2715
BOU-DD22-080
Central-South
215.1
215.6
1.47
52
0.5
0.0
1.2
2.6
12
367
BOU-DD22-081
Central-South
63.1
63.6
0.92
12
0.5
0.0
0.2
0.6
16
140
BOU-DD22-081
Central-South
255.4
256.3
0.67
20
0.9
0.0
0.3
0.8
205
155
BOU-DD22-081
Central-South
264.5
265.2
1.02
27
0.7
0.0
0.3
0.6
18
168
BOU-DD22-082
Central-South
111.3
114.7
0.40
25
3.4
0.0
0.2
0.9
10
124
BOU-DD22-082
Central-South
209.2
209.7
0.36
17
0.5
0.0
0.2
0.5
5
86
BOU-DD22-082
Central-South
212.2
212.7
0.28
21
0.5
0.1
0.2
0.4
1
83
BOU-DD22-082
Central-South
217.0
217.5
0.35
12
0.5
0.0
0.2
0.3
2
66
BOU-DD22-082
Central-South
305.4
307.1
0.78
11
1.7
0.0
0.1
0.2
29
101
BOU-DD22-082
Central-South
316.0
317.0
1.17
20
1.0
0.1
0.3
0.4
5
171
BOU-DD22-082
Central-South
322.9
324.6
1.62
36
1.7
0.1
0.7
0.8
7
261
BOU-DD22-082
Central-South
339.0
340.1
1.45
24
1.1
0.0
0.2
0.1
4
168
BOU-DD22-082
Central-South
361.4
361.9
0.27
24
0.5
0.0
0.5
0.7
9
106
BOU-DD22-082
Central-South
410.5
411.1
0.43
32
0.6
0.4
0.7
3.1
11
312
BOU-DD22-082
Central-South
419.1
419.7
0.40
25
0.6
0.1
1.0
2.5
6
235
BOU-DD22-082
Central-South
455.5
456.0
0.72
17
0.5
0.0
0.2
0.5
15
124
BOU-DD22-083
Central-South
159.6
169.6
0.58
21
10.0
0.0
0.5
0.8
12
142
BOU-DD22-084
Central-South
197.8
198.6
1.63
44
0.8
0.1
1.8
2.3
5
393
BOU-DD22-084
Central-South
206.5
208.0
0.76
34
1.5
0.0
1.9
0.9
8
217
BOU-DD22-084
Central-South
209.3
210.0
0.62
16
0.7
0.0
0.5
0.8
9
132
BOU-DD22-084
Central-South
272.1
272.9
0.60
107
0.8
0.0
0.4
0.1
10
185
BOU-DD22-084
Central-South
277.6
278.2
0.32
20
0.6
0.1
0.1
0.3
11
77
BOU-DD22-085
NSR
0.0
154.5
0.00
0
154.5
0.0
0.0
0.0
0
0
* True width remains undetermined at this stage; all values are uncut.
** Ag equivalent is based on a 100% recovery with the following ratio; 1 g/t Au: 93.4 g/t Ag; 1% Cu: 130.4 Ag; 1% Pb: 31.8 Ag; 1% Zn: 54.1 Ag.
Appendix 2 – Drillhole Coordinates of 2022 Boumadine Exploration Program
DDH No.
Easting
Northing
Elevation
Azimuth
Dip
Length (m)
BOU-DD22-040
316978
3477062
1231
250
-50
198
BOU-DD22-041
317027
3477079
1248
250
-50
252
BOU-DD22-042
316523
3477108
1234
250
-50
153
BOU-DD22-043
316571
3477125
1241
250
-50
150
BOU-DD22-044
316605
3477138
1240
250
-50
150
BOU-DD22-045
316639
3477150
1235
250
-50
150
BOU-DD22-046
316682
3477165
1235
250
-50
150
BOU-DD22-047
316721
3477180
1238
250
-50
196
BOU-DD22-048
316765
3477198
1248
250
-50
151
BOU-DD22-049
316804
3477211
1247
250
-50
147
BOU-DD22-050
316840
3477223
1235
250
-50
302
BOU-DD22-051
315485
3476713
1251
270
-50
77
BOU-DD22-052
315525
3476711
1247
270
-50
145
BOU-DD22-053
315363
3477107
1273
270
-50
100
BOU-DD22-054
315401
3477109
1265
270
-50
157
BOU-DD22-055
315563
3477571
1279
90
-50
104
BOU-DD22-056
315523
3477570
1269
90
-50
151
BOU-DD22-057
315626
3477841
1263
90
-50
78
BOU-DD22-058
315639
3477898
1276
90
-50
75
BOU-DD22-059
315607
3477898
1266
90
-50
135
BOU-DD22-060
315656
3477952
1281
90
-50
101
BOU-DD22-061
315619
3477955
1277
90
-50
152
BOU-DD22-062
316899
3477244
1218
250
-50
206
BOU-DD22-063
316966
3477266
1209
250
-50
179
BOU-DD22-064
317042
3477318
1204
250
-50
153
BOU-DD22-065
317115
3477322
1202
250
-50
155
BOU-DD22-066
317199
3477349
1199
250
-50
152
BOU-DD22-067
317292
3477422
1196
250
-50
225
BOU-DD22-068
316315
3474936
1296
315
-50
100
BOU-DD22-069
316346
3474904
1297
315
-50
154
BOU-DD22-070
316300
3475037
1285
135
-50
101
BOU-DD22-071
316272
3475061
1278
135
-50
195
BOU-DD22-072
317292
3474451
1293
70
-50
163
BOU-DD22-073
317259
3474442
1287
70
-50
152
BOU-DD22-074
317218
3474427
1280
70
-50
157
BOU-DD22-075
317188
3474414
1275
70
-50
155
BOU-DD22-076
317153
3474402
1271
70
-50
320
BOU-DD22-077
317116
3474387
1269
70
-50
582
BOU-DD22-078
317637
3476634
1201
250
-50
827
BOU-DD22-079
317091
3475590
1260
250
-50
159
BOU-DD22-080
317147
3475611
1256
250
-50
237
BOU-DD22-081
317202
3475631
1252
250
-50
383
BOU-DD22-082
317258
3475651
1250
250
-50
601
BOU-DD22-083
317318
3475673
1252
250
-50
218
BOU-DD22-084
317368
3475690
1239
250
-50
298
BOU-DD22-085
317427
3475712
1238
250
-50
155
BOU-DD22-086
317038
3475570
1266
250
-50
707
SOURCE Aya Gold & Silver Inc
For further information: Benoit La Salle, FCPA, President & CEO, [email protected]; Alex Ball, VP, Corporate Development & IR, [email protected]
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