Aya Gold and Silver Inc (QX) (AYASF) Quote

Aya Gold & Silver Extends Main Zone to 5km and Adds 7 New Permits at Boumadine

Drill Results Silver Morocco Follow TSX: AYA Website

Mr. Benoit La Salle reports:

MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce new high-grade drill exploration results from its 2024 program of 120,000 meters (“m”) at Boumadine in the Kingdom of Morocco. Today’s results extend the main mineralized trend by 800m and continues to demonstrate continuity of the Boumadine Main Zone, which remains open in all directions. The Corporation also reports it has secured the right to 7 additional exploration permits, expanding the Boumadine exploration footprint to over 198 square kilometers (“km2”).

Key Highlights1
Extension of Boumadine strike length to 5 kilometers (“km”):
BOU-DD23-265 intersected 1,355 grams per tonne (“g/t”) silver equivalent (“AgEq”) over 3.1 m (16.25 g/t gold (“Au”), 86 g/t silver (“Ag”), 0.1% zinc (“Zn”), 0.1% lead (“Pb”) and 0.1% copper (“Cu”) and 442 g/t AgEq over 8.0m (4.51 g/t Au, 58 g/t Ag, 0.3% Zn, 0.2% Pb and 0.2% Cu)
BOU-DD24-292 intersected 354 g/t AgEq over 2.9m (4.06 g/t Au, 27 g/t Ag, 0.4% Zn, 0.1% Pb and 0.03% Cu)
BOU-DD24-284 intersected 1,317 g/t AgEq over 1.9m (15.70 g/t Au, 91 g/t Ag, 0.05% Zn, 0.1% Pb and 0.2% Cu)
Extension of the Tizi strike length to 1.6km:
BOU-DD24-310 intersected 445 g/t AgEq over 13.7m (4.90 g/t Au, 42 g/t Ag, 0.3% Zn, 0.4% Pb and 0.1% Cu), including 1.6m at 1,988 g/t AgEq and 1.5m at 813 g/t AgEq
BOU-DD24-306 intersected 1,021 g/t AgEq over 3.0m (11.48 g/t Au, 89 g/t Ag, 0.8% Zn, 0.2% Pb and 0.2% Cu) including 1.5m at 1,755 g/t AgEq
New style of mineralization with very high silver grade:
BOU-DD24-310 intersected 7,820 g/t Ag over 1.0m
Secured 7 new exploration permits totaling 56.9 km² at Boumadine (Figure 1)

“Today’s high-grade drill results including BOU-DD23-265 in the north of the Main Trend extend the Boumadine footprint to 5km, and BOU-DD23-310 at Tizi confirms the potential to increase the resource,” said Benoit La Salle, President & CEO. “We are excited to expand our presence further at Boumadine through the strategic addition of 7 new permits, as part of our ongoing strategy to grow our land package and underscoring our confidence in the region's mineral potential. With an area of almost 200km2 in what we consider to be a generational asset and a potential district, we are in position to deliver value for all stakeholders.”

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/461-tsx/aya/160683-aya-gold-silver-extends-main-zone-to-5km-and-adds-7-new-permits-at-boumadine.html?utm_source=newsletter_1874&utm_medium=email&utm_campaign=junior-mining-brief-for-date-l-b-j-y

They presented today at Virtual Investor Conference.



The stock is making a new high.

To be continued!

This will go up steady IMO!

Nice!

They just presented on Virtual Investors Conference.

Looking good!

MYAGF changed to AYASF:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

You get it!

I made a fortune shorting HYMC in 2021. Thanks for the heads up on your thinly traded small exchange jr explorer.

You should be... Sure beats hymc

I am not in this ….

Anyone active on here. AYA is poised to explode... Thinking they get bought out soon.

At the time of your post. $70k investment today is worth $560k

need some help...DD Support Board and Research Team

Effective July 31,2020 Maya Gold & Silver Inc. will change to AYA Gold and Silver Inc.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Very good news release today. Making some very good headway, as per the release. Share price valuation may follow?

MYADF Reverse Split 1 for 4 effective March 2, 2018

http://otce.finra.org/DLDividendsDistributionsSplit

Follow the Silver trend http://investorshub.advfn.com/SILVERBUGS-18808/

We certainly hope so.

Good stuff~

Very interesting company. My wife and I just bought a few shares. May it be a very pleasant trip for us all..

Nice and thanks
http://mayagoldsilver.com/wp-content/uploads/2012/04/Maya-MDA_Q1_Finale.pdf

http://mayagoldsilver.com/wp-content/uploads/2012/04/Maya-MDA_Q1_Finale.pdf

Highlights of the Zgounder Silver Mine PFS Study include:
? An anticipated mine life of 6 years with the current established reserves and an internal rate of return of 128
per cent;
? Net present value of US$27.9 million (discounted at 6.5 per cent) at a silver price of US$20.50 per ounce;
? First year silver production of 582,600 ounces, followed by two years at 885,400 ounces, and the final three
years at 914,000 ounces per year;
Management’s Discussion and Analysis
For the three months ended March 31, 2016
7
? Mill feed grade estimated at 317 g/t Ag;
? Total operating cost of US$109.50 per tonne (averaged over the expected mine’s life);
? Additional capex requirements totalling US$3.8 million, which include the proposed concentrator expansion;
? The Zgounder PFS was prepared strictly for an underground mine and based solely on the measured and
indicated mineral resources reported on February 19, 2014.

Maya Gold & Silver: Operations Started at Zgounder Silver Mine

Maya Gold & Silver Inc. ("Maya" or the "Corporation") (TSX VENTURE:MYA) The Board of Directors and Management of the Corporation are very pleased to announce the milling operations have started at Maya's flagship Zgounder Silver
Mine in Morocco.


Ore grading an average of 245 g/t Ag is now being processed. The ore being run through the mill is being sourced from the 35,000 tonnes of mineralized rocks that were transferred to storage areas adjoining the plant from the existing 66,000 tonnes of "ancient stockpiles". The size of this stockpile can sustain
over six months of production at the initial rate of approximately 200 tpd.
Silver recovery is expected to be in the range of 92%. The Company is not basing its production decision on a feasibility study of mineral reserves demonstrating economic and technical viability.


"The mill start-up at Zgounder is a significant key milestone in the successful development of Maya as an operating resource company, and we recognize and thank
our President, Noureddine Mokaddem, and the local and Moroccan Government offices who have just provided the Company with a very precious tool in a difficult period of the mining industry: a stable and upwardly potential cash flow stream", stated Guy Goulet, Chief Executive Officer.