MONTREAL, Nov. 20,
2023 /CNW/ - Aya
Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF)
("Aya" or the "Corporation") is pleased to announce new high-grade
drill exploration results at Boumadine in the Kingdom of
Morocco. The new results confirm
the large, high-grade mineralized zones in the central and northern
portions of the Main Trend, which remains open in all
directions.
The Corporation has also added 4 permits to Boumadine, which now
has a total surface footprint of 78 square kilometers ("km²").
Key
Highlights1
- Definition of new high-grade mineralization from the
infill drilling program:
- BOU-DD23-180 intersected 1,039 grams per tonne
("g/t") silver equivalent ("AgEq") over 23.5 meters ("m")
(6.41 g/t Au, 116 g/t Ag, 4.7% Zn, 0.6% Pb
and 0.4% Cu)
- BOU-DD23-184 intersected 474 g/t AgEq
over 30.1m (2.57 g/t Au,
85 g/t Ag, 2.2% Zn, 0.6% Pb and 0.1% Cu),
including 3.2m at
1,339 g/t AgEq and 3.4m at
1,169 g/t AgEq
- BOU-DD23-172 intersected 2,689 g/t AgEq
over 3.7m (22.03 g/t Au,
531 g/t Ag, 1.3% Zn, 0.3% Pb and
0.2% Cu)
- BOU-DD23-186 intersected 442 g/t AgEq
over 16.6m (1.85 g/t Au,
150 g/t Ag, 1.9% Zn, 0.3% Pb and 0.1% Cu),
including 2.7m at
1,088 g/t AgEq
- BOU-DD23-176 intersected 202 g/t AgEq
over 30.6m (1.42 g/t Au,
20 g/t Ag, 0.6% Zn, 0.3% Pb and
0.05% Cu)
- BOU-DD23-178 intersected 613 g/t AgEq
over 9.5m (2.70 g/t Au,
49 g/t Ag, 4.2% Zn, 1.8% Pb and 0.2% Cu),
including 2.3m at
1,476 g/t AgEq
- Acquisition of two mining permits totaling 15.8 km² north-east
and south-west of Boumadine.
- Acquisition of one mining and one exploration permit for a
total of 20.0 km² west of Boumadine.
"The acquisition of new permits is core to our strategy of
consolidating our land position, and the four permits provide
additional upside potential in the vicinity of the Boumadine Main
Trend," said Benoit La Salle,
President & CEO. "Today's high-grade drilling results including
BOU-DD23-180 and BOU-DD23-184 confirm both continuity of the Main
Trend and its potential from surface and over a very wide area.
Following the positive metallurgical test results, our team is now
focused on completing the remaining 20% of the expanded drill
program and delivering the Q1-2024 Boumadine resource
estimate."
__________________________________
|
1 All
intersections are in core lengths; Ag equivalent is based on a 100%
recovery with the following ratios: 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
|
|
Table 1 – Significant Intercepts from Boumadine Drill
Exploration Program (Core Lengths)
DDH
No.
|
Section
|
Zone
|
From
(m)
|
To
(m)
|
Au
(g/t)
|
Ag
(g/t)
|
Length*
(m)
|
Cu
(%)
|
Pb
(%)
|
Zn
(%)
|
Mo
(g/t)
|
Ag Eq**
(g/t)
|
BOU-DD23-172
|
8550N
|
Para
|
141.5
|
146.1
|
4.59
|
99
|
4.6
|
0.1
|
0.9
|
2.3
|
135
|
694
|
BOU-DD23-172
|
8550N
|
Main
|
151.8
|
155.5
|
22.03
|
531
|
3.7
|
0.2
|
0.3
|
1.3
|
9
|
2689
|
BOU-DD23-172
|
8550N
|
Para
|
163.5
|
169.2
|
2.61
|
100
|
5.7
|
0.1
|
0.1
|
4.1
|
8
|
589
|
Including
|
165.2
|
168.6
|
3.96
|
150
|
3.4
|
0.2
|
0.2
|
6.4
|
11
|
902
|
BOU-DD23-173
|
8025N
|
Main
|
203.5
|
214.1
|
1.60
|
22
|
10.6
|
0.0
|
0.1
|
1.2
|
6
|
246
|
BOU-DD23-176
|
8275N
|
Main
|
69.1
|
99.7
|
1.42
|
20
|
30.6
|
0.0
|
0.3
|
0.6
|
8
|
202
|
BOU-DD23-178
|
8275N
|
Main
|
166.4
|
175.9
|
2.70
|
49
|
9.5
|
0.2
|
1.8
|
4.2
|
36
|
613
|
Including
|
165.4
|
167.7
|
6.49
|
125
|
2.3
|
0.3
|
1.3
|
12.3
|
4
|
1476
|
BOU-DD23-179
|
8225N
|
Main
|
70.3
|
82.2
|
1.52
|
8
|
11.9
|
0.0
|
0.5
|
1.4
|
18
|
246
|
BOU-DD23-180
|
8375N
|
Para
|
127.7
|
136.5
|
1.27
|
21
|
8.8
|
0.0
|
0.5
|
2.5
|
17
|
298
|
BOU-DD23-180
|
8375N
|
Main
|
165.1
|
188.6
|
6.41
|
116
|
23.5
|
0.4
|
0.6
|
4.7
|
3
|
1039
|
BOU-DD23-180
|
8375N
|
Para
|
248.5
|
282.4
|
0.64
|
24
|
33.9
|
0.0
|
0.3
|
0.5
|
5
|
128
|
BOU-DD23-184
|
8225N
|
Main
|
104.8
|
134.9
|
2.57
|
85
|
30.1
|
0.1
|
0.6
|
2.2
|
15
|
474
|
Including
|
104.8
|
108.0
|
6.69
|
528
|
3.2
|
0.1
|
0.8
|
2.6
|
8
|
1339
|
Including
|
130.5
|
133.9
|
5.65
|
120
|
3.4
|
0.2
|
1.6
|
8.1
|
91
|
1169
|
BOU-DD23-186
|
8175N
|
Main
|
37.8
|
54.4
|
1.85
|
150
|
16.6
|
0.1
|
0.3
|
1.9
|
8
|
442
|
Including
|
45.4
|
48.1
|
6.03
|
381
|
2.7
|
0.2
|
0.5
|
1.7
|
12
|
1088
|
BOU-DD23-187
|
8225N
|
Main
|
183.6
|
193.3
|
1.27
|
33
|
9.7
|
0.0
|
0.2
|
1.9
|
33
|
271
|
BOU-DD23-189
|
8175N
|
Main
|
92.5
|
97.3
|
4.00
|
126
|
4.8
|
0.1
|
1.5
|
1.4
|
14
|
642
|
Including
|
94.3
|
97.3
|
5.95
|
179
|
3.0
|
0.2
|
2.2
|
1.2
|
15
|
896
|
BOU-DD23-189
|
8175N
|
Para
|
103.1
|
114.7
|
1.38
|
68
|
11.6
|
0.1
|
0.1
|
2.9
|
33
|
366
|
BOU-DD23-191
|
8175N
|
Main
|
158.5
|
169.5
|
1.61
|
30
|
11.0
|
0.1
|
0.2
|
3.4
|
12
|
377
|
Including
|
158.5
|
167.5
|
1.87
|
33
|
9.0
|
0.1
|
0.2
|
3.7
|
7
|
423
|
BOU-DD23-198
|
8675N
|
Para
|
185.8
|
196.1
|
2.59
|
63
|
10.3
|
0.2
|
0.2
|
2.1
|
6
|
451
|
Including
|
185.8
|
189.4
|
6.21
|
144
|
3.6
|
0.5
|
0.4
|
3.7
|
5
|
1006
|
BOU-DD23-200
|
8175N
|
Main
|
244.3
|
248.5
|
3.47
|
80
|
4.2
|
0.3
|
0.1
|
1.0
|
19
|
506
|
BOU-DD23-202
|
8675N
|
Main
|
349.2
|
355.2
|
4.31
|
129
|
6.0
|
0.1
|
0.6
|
1.4
|
41
|
645
|
Including
|
352.3
|
354.0
|
10.11
|
339
|
1.7
|
0.3
|
1.2
|
2.8
|
54
|
1522
|
*
|
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.
|
|
|
2023 Exploration Results
To date, 159 diamond drill holes ("DDH") for a total of
61,312m have been completed at
Boumadine in 2023 (Figure 2 and Appendix 2). Both infill and
exploration drilling were conducted on strike along the Main Trend
(South, Central, and North Zones).
Most results have been received for drill holes up to
BOU-DD23-203 (Table 1, Figure 4, Figure 5, and Appendix 1).
Results received since September
2023 confirm the high grade of the north and central
sections of the Main Trend, notably with holes BOU-DD23-180 and
BOU-DD23-184 intersecting large, mineralized zones.
The main mineralization generally consists of 1m to 4m wide
(locally reaching over a 10m width)
N340- oriented massive sulphide lenses/veins sharply dipping
eastward (> 70°). The massive sulphide veins (>80%) are
mainly composed of pyrite, with variable proportions of sphalerite,
galena, and chalcopyrite. Figure 3 presents the results of the
Boumadine Main Zone on a longitudinal section along the deposit,
defining ore shoots shallowly dipping toward south, in both the
Central and South Zones.
Next Steps
The 76,000m drilling program is
80% complete and is expected to be completed at year-end 2023. The
Corporation expects to publish an NI 43-101 compliant resource by
the end of Q1-2024.
Fieldwork will commence on the new permits in 2024 and will
combine a hyperspectral survey, ground geophysics, mapping and
prospecting.
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.
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 "confirm",
"potential", "complete", "expect" "extend", "belief", 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 Boumadine and the advancement of and
success of the exploration program at Boumadine , 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 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 2022 Annual Information Form dated March 31, 2023, 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
|
Zone
|
From
(m)
|
To
(m)
|
Au
(g/t)
|
Ag
(g/t)
|
Length*
(m)
|
Cu
(%)
|
Pb
(%)
|
Zn
(%)
|
Mo
(g/t)
|
Ag Eq**
(g/t)
|
BOU-DD23-165
|
8125N
|
Para
|
280.1
|
282.1
|
4.69
|
84
|
2.0
|
0.3
|
0.1
|
0.3
|
47
|
589
|
BOU-DD23-165
|
8125N
|
Para
|
297.0
|
298.0
|
0.37
|
24
|
1.0
|
0.0
|
0.1
|
2.6
|
8
|
209
|
BOU-DD23-165
|
8125N
|
Para
|
333.0
|
333.5
|
0.26
|
42
|
0.5
|
0.0
|
1.3
|
4.1
|
7
|
327
|
BOU-DD23-165
|
8125N
|
Main
|
462.7
|
463.7
|
0.36
|
12
|
1.0
|
0.0
|
0.1
|
0.2
|
4
|
60
|
BOU-DD23-165
|
8125N
|
Para
|
546.2
|
546.9
|
0.60
|
25
|
0.7
|
0.0
|
0.5
|
0.6
|
4
|
127
|
BOU-DD23-166
|
8850N
|
Para
|
140.0
|
141.0
|
0.32
|
43
|
1.0
|
0.0
|
0.1
|
0.8
|
2
|
119
|
BOU-DD23-166
|
8850N
|
Para
|
141.7
|
142.5
|
0.09
|
48
|
0.8
|
0.0
|
0.3
|
0.6
|
9
|
99
|
BOU-DD23-167
|
8025N
|
NSR
|
0.0
|
163.4
|
0.00
|
0
|
163.4
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD23-168
|
8325N
|
Para
|
125.4
|
126.4
|
4.35
|
16
|
1.0
|
0.0
|
0.4
|
0.8
|
1
|
480
|
BOU-DD23-170
|
8025N
|
Para
|
67.3
|
68.9
|
0.36
|
23
|
1.6
|
0.0
|
0.2
|
0.3
|
85
|
84
|
BOU-DD23-170
|
8025N
|
Main
|
86.5
|
87.6
|
2.59
|
63
|
1.1
|
0.1
|
0.3
|
0.6
|
304
|
382
|
BOU-DD23-170
|
8025N
|
Para
|
124.3
|
126.5
|
0.48
|
4
|
2.2
|
0.0
|
0.1
|
0.5
|
8
|
84
|
BOU-DD23-172
|
8550N
|
Para
|
128.3
|
130.1
|
0.26
|
23
|
1.8
|
0.0
|
0.6
|
0.7
|
68
|
108
|
BOU-DD23-172
|
8550N
|
Para
|
141.5
|
146.1
|
4.59
|
99
|
4.6
|
0.1
|
0.9
|
2.3
|
135
|
694
|
BOU-DD23-172
|
8550N
|
Main
|
151.8
|
155.5
|
22.03
|
531
|
3.7
|
0.2
|
0.3
|
1.3
|
9
|
2689
|
BOU-DD23-172
|
8550N
|
Para
|
163.5
|
169.2
|
2.61
|
100
|
5.7
|
0.1
|
0.1
|
4.1
|
8
|
589
|
Including
|
165.2
|
168.6
|
3.96
|
150
|
3.4
|
0.2
|
0.2
|
6.4
|
11
|
902
|
BOU-DD23-172
|
8550N
|
Para
|
244.8
|
245.6
|
1.29
|
41
|
0.8
|
0.0
|
0.2
|
0.4
|
3
|
194
|
BOU-DD23-173
|
8025N
|
Para
|
127.4
|
128.6
|
0.54
|
16
|
1.2
|
0.0
|
0.1
|
0.4
|
15
|
95
|
BOU-DD23-173
|
8025N
|
Main
|
203.5
|
214.1
|
1.60
|
22
|
10.6
|
0.0
|
0.1
|
1.2
|
6
|
246
|
Including
|
209.3
|
214.1
|
2.67
|
32
|
4.8
|
0.1
|
0.2
|
2.0
|
8
|
407
|
BOU-DD23-174
|
8025N
|
Main
|
287.1
|
290.3
|
1.90
|
40
|
3.2
|
0.1
|
0.2
|
0.3
|
19
|
260
|
Including
|
288.1
|
289.3
|
4.04
|
80
|
1.2
|
0.3
|
0.3
|
0.3
|
27
|
530
|
BOU-DD23-174
|
8025N
|
Para
|
435.0
|
435.5
|
3.29
|
126
|
0.5
|
0.2
|
0.7
|
0.3
|
4
|
492
|
BOU-DD23-175
|
8025N
|
Para
|
108.1
|
108.8
|
0.28
|
21
|
0.7
|
0.1
|
0.5
|
2.4
|
12
|
205
|
BOU-DD23-175
|
8025N
|
Para
|
183.6
|
187.0
|
0.05
|
45
|
3.4
|
0.0
|
5.7
|
1.5
|
9
|
317
|
BOU-DD23-175
|
8025N
|
Main
|
269.3
|
270.3
|
0.16
|
16
|
1.0
|
0.0
|
1.5
|
2.1
|
22
|
195
|
BOU-DD23-176
|
8275N
|
Para
|
45.3
|
46.0
|
0.54
|
13
|
0.7
|
0.0
|
0.1
|
5.1
|
15
|
347
|
BOU-DD23-176
|
8275N
|
Para
|
49.5
|
50.6
|
0.47
|
8
|
1.1
|
0.0
|
0.1
|
0.3
|
6
|
73
|
BOU-DD23-176
|
8275N
|
Main
|
69.1
|
99.7
|
1.42
|
20
|
30.6
|
0.0
|
0.3
|
0.6
|
8
|
202
|
BOU-DD23-177
|
8850N
|
Main
|
31.9
|
34.8
|
3.40
|
120
|
2.9
|
0.0
|
1.5
|
0.1
|
17
|
494
|
BOU-DD23-177
|
8850N
|
Para
|
43.0
|
44.0
|
0.76
|
29
|
1.0
|
0.0
|
0.7
|
0.7
|
24
|
160
|
BOU-DD23-178
|
8275N
|
Para
|
113.1
|
117.5
|
2.32
|
28
|
4.4
|
0.0
|
0.3
|
1.3
|
4
|
333
|
BOU-DD23-178
|
8275N
|
Para
|
132.1
|
132.8
|
0.39
|
40
|
0.7
|
0.0
|
1.6
|
2.2
|
2
|
251
|
BOU-DD23-178
|
8275N
|
Para
|
139.5
|
142.0
|
1.21
|
46
|
2.5
|
0.0
|
0.4
|
1.9
|
6
|
280
|
BOU-DD23-178
|
8275N
|
Para
|
151.8
|
152.7
|
0.76
|
12
|
0.9
|
0.0
|
0.2
|
0.3
|
2
|
107
|
BOU-DD23-178
|
8275N
|
Para
|
156.1
|
158.3
|
2.66
|
59
|
2.2
|
0.2
|
0.1
|
0.2
|
5
|
348
|
BOU-DD23-178
|
8275N
|
Main
|
166.4
|
175.9
|
2.70
|
49
|
9.5
|
0.2
|
1.8
|
4.2
|
36
|
613
|
Including
|
165.4
|
167.7
|
6.49
|
125
|
2.3
|
0.3
|
1.3
|
12.3
|
4
|
1476
|
BOU-DD23-179
|
8225N
|
Para
|
22.4
|
22.9
|
0.66
|
64
|
0.5
|
0.0
|
1.5
|
5.3
|
75
|
467
|
BOU-DD23-179
|
8225N
|
Para
|
24.5
|
25.0
|
0.73
|
33
|
0.5
|
0.1
|
0.5
|
2.8
|
16
|
271
|
BOU-DD23-179
|
8225N
|
Para
|
38.0
|
38.6
|
0.39
|
12
|
0.6
|
0.0
|
0.1
|
1.0
|
8
|
110
|
BOU-DD23-179
|
8225N
|
Para
|
44.0
|
47.4
|
1.17
|
28
|
3.4
|
0.0
|
0.1
|
1.1
|
17
|
203
|
BOU-DD23-179
|
8225N
|
Main
|
70.3
|
82.2
|
1.52
|
8
|
11.9
|
0.0
|
0.5
|
1.4
|
18
|
246
|
BOU-DD23-180
|
8375N
|
Para
|
104.7
|
105.6
|
0.40
|
24
|
0.9
|
0.0
|
0.9
|
2.3
|
1
|
217
|
BOU-DD23-180
|
8375N
|
Para
|
127.7
|
136.5
|
1.27
|
21
|
8.8
|
0.0
|
0.5
|
2.5
|
17
|
298
|
Including
|
129.4
|
133.5
|
2.18
|
31
|
4.1
|
0.1
|
0.3
|
3.4
|
28
|
440
|
BOU-DD23-180
|
8375N
|
Para
|
144.6
|
148.2
|
0.69
|
18
|
3.6
|
0.0
|
0.3
|
0.8
|
5
|
141
|
BOU-DD23-180
|
8375N
|
Para
|
155.6
|
156.4
|
0.59
|
24
|
0.8
|
0.0
|
0.3
|
2.2
|
107
|
217
|
BOU-DD23-180
|
8375N
|
Para
|
157.3
|
157.9
|
0.49
|
12
|
0.6
|
0.0
|
0.2
|
1.8
|
11
|
161
|
BOU-DD23-180
|
8375N
|
Para
|
159.8
|
160.3
|
2.62
|
67
|
0.5
|
0.1
|
0.5
|
3.7
|
7
|
538
|
BOU-DD23-180
|
8375N
|
Main
|
165.1
|
188.6
|
6.41
|
116
|
23.5
|
0.4
|
0.6
|
4.7
|
3
|
1039
|
BOU-DD23-180
|
8375N
|
Para
|
248.5
|
282.4
|
0.64
|
24
|
33.9
|
0.0
|
0.3
|
0.5
|
5
|
128
|
BOU-DD23-180
|
8375N
|
Para
|
296.0
|
297.0
|
0.64
|
8
|
1.0
|
0.0
|
0.0
|
0.1
|
11
|
73
|
BOU-DD23-180
|
8375N
|
Para
|
301.0
|
302.0
|
0.42
|
12
|
1.0
|
0.0
|
0.3
|
0.5
|
6
|
88
|
BOU-DD23-181
|
8025N
|
Main
|
345.1
|
345.9
|
0.99
|
48
|
0.8
|
0.1
|
2.4
|
2.6
|
3
|
376
|
BOU-DD23-181
|
8025N
|
Para
|
357.2
|
358.3
|
0.34
|
59
|
1.1
|
0.2
|
6.1
|
7.5
|
3
|
717
|
BOU-DD23-181
|
8025N
|
Para
|
480.2
|
480.7
|
0.35
|
33
|
0.5
|
0.0
|
1.3
|
0.9
|
34
|
159
|
BOU-DD23-181
|
8025N
|
Para
|
537.1
|
538.3
|
0.03
|
136
|
1.2
|
0.0
|
0.4
|
0.2
|
8
|
163
|
BOU-DD23-182
|
8275N
|
Para
|
145.3
|
145.9
|
0.74
|
24
|
0.6
|
0.0
|
0.9
|
1.4
|
45
|
202
|
BOU-DD23-182
|
8275N
|
Para
|
177.9
|
181.0
|
0.50
|
30
|
3.1
|
0.0
|
1.0
|
2.4
|
12
|
243
|
BOU-DD23-182
|
8275N
|
Main
|
189.2
|
192.0
|
0.82
|
23
|
2.8
|
0.1
|
2.0
|
1.2
|
31
|
248
|
BOU-DD23-182
|
8275N
|
Para
|
196.2
|
199.2
|
0.67
|
17
|
3.0
|
0.0
|
0.8
|
1.6
|
7
|
198
|
BOU-DD23-182
|
8275N
|
Para
|
201.2
|
205.4
|
0.43
|
16
|
4.2
|
0.0
|
0.6
|
2.1
|
4
|
190
|
BOU-DD23-183
|
8025N
|
Para
|
105.8
|
107.0
|
1.02
|
48
|
1.2
|
0.1
|
0.0
|
0.0
|
3
|
160
|
BOU-DD23-183
|
8025N
|
Para
|
287.7
|
288.7
|
0.64
|
7
|
1.0
|
0.0
|
0.3
|
0.1
|
6
|
85
|
BOU-DD23-183
|
8025N
|
Para
|
364.9
|
366.2
|
0.38
|
16
|
1.3
|
0.1
|
0.1
|
0.2
|
7
|
75
|
BOU-DD23-183
|
8025N
|
Main
|
507.6
|
514.0
|
0.80
|
23
|
6.4
|
0.0
|
0.4
|
0.6
|
10
|
146
|
Including
|
508.2
|
510.0
|
1.85
|
20
|
1.8
|
0.1
|
0.3
|
0.6
|
10
|
244
|
BOU-DD23-184
|
8225N
|
Para
|
59.7
|
60.2
|
0.52
|
33
|
0.5
|
0.0
|
0.6
|
4.6
|
40
|
358
|
BOU-DD23-184
|
8225N
|
Main
|
104.8
|
134.9
|
2.57
|
85
|
30.1
|
0.1
|
0.6
|
2.2
|
15
|
474
|
Including
|
104.8
|
108.0
|
6.69
|
528
|
3.2
|
0.1
|
0.8
|
2.6
|
8
|
1339
|
Including
|
130.5
|
133.9
|
5.65
|
120
|
3.4
|
0.2
|
1.6
|
8.1
|
91
|
1169
|
BOU-DD23-184
|
8225N
|
Para
|
135.9
|
136.9
|
0.36
|
12
|
1.0
|
0.0
|
0.3
|
5.7
|
9
|
369
|
BOU-DD23-185
|
8375N
|
Para
|
143.4
|
145.4
|
0.56
|
24
|
2.0
|
0.0
|
0.5
|
1.0
|
11
|
148
|
BOU-DD23-185
|
8375N
|
Para
|
175.6
|
176.5
|
4.97
|
252
|
0.9
|
0.4
|
2.7
|
8.5
|
16
|
1314
|
BOU-DD23-185
|
8375N
|
Main
|
204.6
|
210.9
|
0.16
|
1
|
6.3
|
0.0
|
0.0
|
0.1
|
11
|
26
|
BOU-DD23-185
|
8375N
|
Para
|
244.3
|
244.8
|
0.14
|
46
|
0.5
|
0.0
|
1.1
|
1.6
|
11
|
182
|
BOU-DD23-186
|
8175N
|
Main
|
37.8
|
54.4
|
1.85
|
150
|
16.6
|
0.1
|
0.3
|
1.9
|
8
|
442
|
Including
|
45.4
|
48.1
|
6.03
|
381
|
2.7
|
0.2
|
0.5
|
1.7
|
12
|
1088
|
BOU-DD23-187
|
8225N
|
Para
|
62.4
|
62.9
|
0.25
|
102
|
0.5
|
0.0
|
1.1
|
2.2
|
9
|
285
|
BOU-DD23-187
|
8225N
|
Para
|
157.4
|
157.9
|
0.97
|
77
|
0.5
|
0.0
|
1.8
|
2.8
|
20
|
378
|
BOU-DD23-187
|
8225N
|
Para
|
165.2
|
167.2
|
0.23
|
29
|
2.0
|
0.0
|
0.3
|
0.8
|
6
|
104
|
BOU-DD23-187
|
8225N
|
Para
|
168.2
|
169.1
|
0.24
|
34
|
0.9
|
0.0
|
2.0
|
1.6
|
12
|
206
|
BOU-DD23-187
|
8225N
|
Main
|
183.6
|
193.3
|
1.27
|
33
|
9.7
|
0.0
|
0.2
|
1.9
|
33
|
271
|
Including
|
188.9
|
192.3
|
2.19
|
44
|
3.4
|
0.1
|
0.2
|
3.6
|
61
|
462
|
BOU-DD23-187
|
8225N
|
Para
|
195.4
|
196.5
|
0.44
|
16
|
1.1
|
0.0
|
0.3
|
1.4
|
6
|
146
|
BOU-DD23-188
|
8275N
|
Para
|
9.0
|
10.0
|
0.03
|
56
|
1.0
|
0.0
|
9.8
|
0.7
|
9
|
407
|
BOU-DD23-188
|
8275N
|
Para
|
104.3
|
105.0
|
0.14
|
40
|
0.7
|
0.0
|
0.2
|
0.7
|
4
|
103
|
BOU-DD23-188
|
8275N
|
Para
|
179.2
|
180.2
|
0.32
|
36
|
1.0
|
0.0
|
0.4
|
1.6
|
9
|
168
|
BOU-DD23-188
|
8275N
|
Para
|
185.5
|
186.0
|
7.80
|
162
|
0.5
|
0.3
|
0.3
|
0.7
|
117
|
978
|
BOU-DD23-188
|
8275N
|
Para
|
190.9
|
191.4
|
0.47
|
41
|
0.5
|
0.0
|
1.0
|
3.1
|
8
|
289
|
BOU-DD23-188
|
8275N
|
Para
|
194.7
|
195.3
|
0.42
|
44
|
0.6
|
0.1
|
0.8
|
2.1
|
7
|
231
|
BOU-DD23-188
|
8275N
|
Main
|
216.8
|
218.8
|
1.37
|
26
|
2.0
|
0.0
|
0.3
|
0.3
|
5
|
188
|
BOU-DD23-188
|
8275N
|
Para
|
238.9
|
239.4
|
0.38
|
50
|
0.5
|
0.0
|
0.9
|
2.2
|
2
|
237
|
BOU-DD23-188
|
8275N
|
Para
|
280.6
|
283.4
|
0.39
|
36
|
2.8
|
0.0
|
0.2
|
1.2
|
27
|
149
|
BOU-DD23-189
|
8175N
|
Para
|
77.5
|
78.4
|
0.37
|
36
|
0.9
|
0.1
|
0.8
|
2.7
|
13
|
251
|
BOU-DD23-189
|
8175N
|
Para
|
89.3
|
90.4
|
0.38
|
24
|
1.1
|
0.0
|
0.3
|
0.7
|
6
|
110
|
BOU-DD23-189
|
8175N
|
Main
|
92.5
|
97.3
|
4.00
|
126
|
4.8
|
0.1
|
1.5
|
1.4
|
14
|
642
|
Including
|
94.3
|
97.3
|
5.95
|
179
|
3.0
|
0.2
|
2.2
|
1.2
|
15
|
896
|
BOU-DD23-189
|
8175N
|
Para
|
100.2
|
101.2
|
0.35
|
20
|
1.0
|
0.0
|
0.0
|
0.1
|
12
|
61
|
BOU-DD23-189
|
8175N
|
Para
|
103.1
|
114.7
|
1.38
|
68
|
11.6
|
0.1
|
0.1
|
2.9
|
33
|
366
|
BOU-DD23-190
|
8375N
|
Para
|
26.7
|
27.6
|
0.18
|
42
|
0.9
|
0.0
|
1.5
|
2.8
|
26
|
259
|
BOU-DD23-190
|
8375N
|
Main
|
249.1
|
250.9
|
0.14
|
79
|
1.8
|
0.0
|
0.7
|
1.2
|
56
|
183
|
BOU-DD23-191
|
8175N
|
Para
|
122.8
|
123.5
|
0.22
|
37
|
0.7
|
0.0
|
0.3
|
5.1
|
1
|
343
|
BOU-DD23-191
|
8175N
|
Para
|
140.9
|
142.0
|
1.08
|
12
|
1.1
|
0.0
|
0.2
|
0.6
|
1
|
154
|
BOU-DD23-191
|
8175N
|
Main
|
158.5
|
169.5
|
1.61
|
30
|
11.0
|
0.1
|
0.2
|
3.4
|
12
|
377
|
Including
|
158.5
|
167.5
|
1.87
|
33
|
9.0
|
0.1
|
0.2
|
3.7
|
7
|
423
|
BOU-DD23-192
|
8225N
|
Para
|
11.4
|
13.8
|
0.22
|
54
|
2.4
|
0.0
|
0.1
|
0.2
|
1
|
91
|
BOU-DD23-192
|
8225N
|
Para
|
127.2
|
127.7
|
0.64
|
63
|
0.5
|
0.0
|
1.3
|
3.2
|
4
|
343
|
BOU-DD23-192
|
8225N
|
Main
|
226.1
|
230.8
|
1.75
|
41
|
4.7
|
0.1
|
0.2
|
0.4
|
19
|
241
|
Including
|
228.1
|
230.8
|
2.31
|
58
|
2.7
|
0.1
|
0.3
|
0.5
|
12
|
323
|
BOU-DD23-192
|
8225N
|
Para
|
338.2
|
339.3
|
14.62
|
1
|
1.1
|
0.0
|
0.0
|
0.0
|
9
|
1371
|
BOU-DD23-194
|
8275N
|
Para
|
76.5
|
77.2
|
2.91
|
632
|
0.7
|
0.1
|
1.2
|
2.0
|
4
|
1063
|
BOU-DD23-194
|
8275N
|
Para
|
200.7
|
201.7
|
9.14
|
84
|
1.0
|
0.4
|
0.2
|
0.4
|
31
|
1024
|
BOU-DD23-194
|
8275N
|
Main
|
240.3
|
240.9
|
0.30
|
35
|
0.6
|
0.2
|
1.2
|
7.1
|
35
|
513
|
BOU-DD23-194
|
8275N
|
Para
|
277.6
|
278.7
|
0.41
|
19
|
1.1
|
0.0
|
1.2
|
1.5
|
20
|
179
|
BOU-DD23-195
|
8175N
|
Para
|
80.4
|
81.3
|
0.41
|
40
|
0.9
|
0.0
|
0.2
|
0.4
|
1
|
110
|
BOU-DD23-195
|
8175N
|
Para
|
84.6
|
85.4
|
0.51
|
36
|
0.8
|
0.0
|
1.2
|
2.3
|
4
|
245
|
BOU-DD23-195
|
8175N
|
Para
|
175.0
|
175.9
|
0.17
|
40
|
0.9
|
0.0
|
0.9
|
2.6
|
5
|
227
|
BOU-DD23-195
|
8175N
|
Main
|
185.0
|
185.5
|
0.75
|
44
|
0.5
|
0.0
|
1.5
|
3.9
|
1
|
376
|
BOU-DD23-195
|
8175N
|
Para
|
213.7
|
214.6
|
0.57
|
32
|
0.9
|
0.0
|
0.7
|
1.2
|
7
|
176
|
BOU-DD23-196
|
8225N
|
Para
|
15.3
|
16.3
|
0.56
|
16
|
1.0
|
0.0
|
0.1
|
0.2
|
19
|
82
|
BOU-DD23-196
|
8225N
|
Para
|
37.7
|
38.8
|
0.03
|
52
|
1.1
|
0.0
|
0.3
|
1.1
|
6
|
128
|
BOU-DD23-196
|
8225N
|
Para
|
85.6
|
86.4
|
4.83
|
112
|
0.8
|
0.0
|
0.4
|
0.7
|
1
|
614
|
BOU-DD23-196
|
8225N
|
Para
|
168.3
|
168.8
|
0.61
|
32
|
0.5
|
0.0
|
0.2
|
5.3
|
24
|
386
|
BOU-DD23-196
|
8225N
|
Para
|
215.2
|
216.4
|
1.75
|
19
|
1.2
|
0.1
|
2.6
|
1.4
|
25
|
351
|
BOU-DD23-196
|
8225N
|
Main
|
253.7
|
254.5
|
0.57
|
43
|
0.8
|
0.0
|
0.3
|
3.2
|
35
|
282
|
BOU-DD23-196
|
8225N
|
Para
|
407.9
|
408.5
|
0.52
|
79
|
0.6
|
0.0
|
0.2
|
1.6
|
5
|
224
|
BOU-DD23-198
|
8675N
|
Para
|
44.5
|
45.0
|
1.85
|
118
|
0.5
|
0.0
|
1.2
|
2.7
|
1
|
477
|
BOU-DD23-198
|
8675N
|
Para
|
71.0
|
73.1
|
1.66
|
41
|
2.1
|
0.0
|
1.0
|
2.9
|
44
|
392
|
BOU-DD23-198
|
8675N
|
Para
|
185.8
|
196.1
|
2.59
|
63
|
10.3
|
0.2
|
0.2
|
2.1
|
6
|
451
|
Including
|
185.8
|
189.4
|
6.21
|
144
|
3.6
|
0.5
|
0.4
|
3.7
|
5
|
1006
|
BOU-DD23-198
|
8675N
|
Para
|
271.3
|
273.4
|
1.85
|
16
|
2.1
|
0.0
|
1.5
|
0.3
|
8
|
255
|
BOU-DD23-198
|
8675N
|
Para
|
310.3
|
311.6
|
1.67
|
139
|
1.3
|
0.0
|
1.0
|
0.3
|
28
|
345
|
BOU-DD23-198
|
8675N
|
Main
|
323.3
|
326.0
|
1.50
|
58
|
2.7
|
0.0
|
0.2
|
0.2
|
29
|
216
|
BOU-DD23-198
|
8675N
|
Para
|
370.2
|
371.2
|
0.22
|
40
|
1.0
|
0.0
|
0.2
|
0.3
|
2
|
85
|
BOU-DD23-198
|
8675N
|
Para
|
374.4
|
375.4
|
0.45
|
20
|
1.0
|
0.0
|
0.1
|
0.1
|
5
|
72
|
BOU-DD23-198
|
8675N
|
Para
|
378.6
|
381.1
|
2.11
|
48
|
2.5
|
0.0
|
0.9
|
2.5
|
83
|
415
|
BOU-DD23-200
|
8175N
|
Para
|
135.5
|
136.3
|
1.87
|
25
|
0.8
|
0.0
|
0.1
|
0.2
|
4
|
214
|
BOU-DD23-200
|
8175N
|
Main
|
244.3
|
248.5
|
3.47
|
80
|
4.2
|
0.3
|
0.1
|
1.0
|
19
|
506
|
Including
|
244.3
|
246.3
|
5.37
|
124
|
2.0
|
0.5
|
0.1
|
0.6
|
18
|
736
|
BOU-DD23-200
|
8175N
|
Para
|
258.0
|
259.0
|
0.67
|
24
|
1.0
|
0.0
|
0.5
|
3.1
|
11
|
275
|
BOU-DD23-200
|
8175N
|
Para
|
295.2
|
295.7
|
0.63
|
55
|
0.5
|
0.0
|
0.3
|
4.1
|
53
|
349
|
BOU-DD23-201
|
8225N
|
Para
|
94.7
|
95.4
|
0.12
|
47
|
0.7
|
0.0
|
0.4
|
0.8
|
4
|
116
|
BOU-DD23-201
|
8225N
|
Para
|
209.1
|
210.0
|
0.49
|
28
|
0.9
|
0.0
|
1.4
|
1.5
|
5
|
201
|
BOU-DD23-201
|
8225N
|
Para
|
231.7
|
232.4
|
0.42
|
20
|
0.7
|
0.0
|
0.5
|
1.2
|
9
|
142
|
BOU-DD23-201
|
8225N
|
Para
|
242.4
|
246.6
|
2.59
|
39
|
4.2
|
0.1
|
0.2
|
0.7
|
9
|
341
|
Including
|
242.4
|
244.0
|
5.06
|
77
|
1.6
|
0.3
|
0.3
|
0.3
|
8
|
613
|
BOU-DD23-201
|
8225N
|
Main
|
315.0
|
316.0
|
0.30
|
32
|
1.0
|
0.1
|
0.8
|
4.7
|
19
|
357
|
BOU-DD23-202
|
8675N
|
Para
|
95.5
|
96.7
|
1.06
|
48
|
1.2
|
0.0
|
0.5
|
2.2
|
15
|
286
|
BOU-DD23-202
|
8675N
|
Para
|
104.9
|
105.4
|
1.59
|
110
|
0.5
|
0.0
|
3.0
|
7.9
|
5
|
786
|
BOU-DD23-202
|
8675N
|
Para
|
223.1
|
226.0
|
3.61
|
67
|
2.9
|
0.1
|
0.3
|
2.8
|
18
|
583
|
BOU-DD23-202
|
8675N
|
Para
|
227.8
|
229.2
|
0.58
|
11
|
1.4
|
0.0
|
0.1
|
0.3
|
19
|
85
|
BOU-DD23-202
|
8675N
|
Para
|
239.0
|
239.5
|
2.48
|
42
|
0.5
|
0.1
|
0.5
|
11.3
|
37
|
909
|
BOU-DD23-202
|
8675N
|
Para
|
242.6
|
243.2
|
0.72
|
24
|
0.6
|
0.0
|
0.6
|
2.3
|
21
|
238
|
BOU-DD23-202
|
8675N
|
Para
|
250.8
|
251.3
|
0.43
|
36
|
0.5
|
0.0
|
1.1
|
3.5
|
3
|
308
|
BOU-DD23-202
|
8675N
|
Para
|
266.6
|
267.4
|
0.22
|
35
|
0.8
|
0.0
|
2.8
|
2.4
|
15
|
277
|
BOU-DD23-202
|
8675N
|
Main
|
349.2
|
355.2
|
4.31
|
129
|
6.0
|
0.1
|
0.6
|
1.4
|
41
|
645
|
Including
|
352.3
|
354.0
|
10.11
|
339
|
1.7
|
0.3
|
1.2
|
2.8
|
54
|
1522
|
BOU-DD23-202
|
8675N
|
Para
|
418.8
|
422.2
|
1.56
|
39
|
3.4
|
0.0
|
0.5
|
0.7
|
2
|
240
|
BOU-DD23-203
|
8175N
|
Para
|
100.1
|
101.8
|
0.23
|
59
|
1.7
|
0.0
|
0.9
|
1.5
|
3
|
191
|
BOU-DD23-203
|
8175N
|
Para
|
207.4
|
207.9
|
0.46
|
91
|
0.5
|
0.1
|
1.9
|
4.3
|
6
|
435
|
BOU-DD23-203
|
8175N
|
Para
|
269.5
|
270.0
|
1.06
|
41
|
0.5
|
0.0
|
0.9
|
2.4
|
4
|
300
|
BOU-DD23-203
|
8175N
|
Para
|
280.7
|
281.7
|
0.32
|
20
|
1.0
|
0.0
|
0.4
|
0.5
|
9
|
92
|
BOU-DD23-203
|
8175N
|
Main
|
282.7
|
285.9
|
2.00
|
55
|
3.2
|
0.1
|
0.1
|
0.2
|
12
|
269
|
BOU-DD23-203
|
8175N
|
Para
|
289.5
|
290.6
|
0.42
|
12
|
1.1
|
0.0
|
0.3
|
1.2
|
10
|
124
|
BOU-DD23-203
|
8175N
|
Para
|
332.2
|
332.7
|
0.41
|
20
|
0.5
|
0.0
|
0.3
|
4.7
|
9
|
324
|
BOU-DD23-203
|
8175N
|
Para
|
373.2
|
374.3
|
0.03
|
89
|
1.1
|
0.2
|
0.8
|
1.2
|
7
|
201
|
*
|
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 – New Drillhole
Coordinates of 2023 Boumadine Exploration Program (completed
holes)
DDH
No.
|
Easting
|
Northing
|
Elevation
|
Azimuth
|
Dip
|
Length
(m)
|
BOU-DD23-213
|
316 991
|
3 474 849
|
1 257
|
70
|
-50
|
600.0
|
BOU-DD23-214
|
317 026
|
3 477 177
|
1 216
|
250
|
-50
|
447.1
|
BOU-DD23-215
|
316 714
|
3 477 378
|
1 220
|
250
|
-50
|
330.1
|
BOU-DD23-216
|
317 077
|
3 474 268
|
1 258
|
70
|
-50
|
705.0
|
BOU-DD23-217
|
316 754
|
3 477 393
|
1 218
|
250
|
-50
|
363.8
|
BOU-DD23-218
|
317 101
|
3 477 207
|
1 208
|
250
|
-50
|
483.5
|
BOU-DD23-219
|
316 868
|
3 477 434
|
1 214
|
250
|
-50
|
465.4
|
BOU-DD23-220
|
317 079
|
3 474 775
|
1 274
|
70
|
-50
|
144.5
|
BOU-DD23-221
|
317 010
|
3 474 750
|
1 263
|
70
|
-50
|
369.0
|
BOU-DD23-222
|
316 483
|
3 477 496
|
1 222
|
250
|
-50
|
171.1
|
BOU-DD23-223
|
317 170
|
3 474 754
|
1 294
|
70
|
-50
|
299.4
|
BOU-DD23-224
|
317 234
|
3 474 537
|
1 283
|
70
|
-50
|
302.0
|
BOU-DD23-225
|
316 552
|
3 477 523
|
1 214
|
250
|
-50
|
206.0
|
BOU-DD23-226
|
316 626
|
3 477 547
|
1 211
|
250
|
-50
|
350.2
|
BOU-DD23-227
|
316 714
|
3 477 576
|
1 214
|
250
|
-50
|
356.1
|
BOU-DD23-228
|
317 161
|
3 474 514
|
1 273
|
70
|
-50
|
419.5
|
BOU-DD23-229
|
317 103
|
3 474 730
|
1 280
|
70
|
-50
|
332.3
|
BOU-DD23-230
|
317 046
|
3 474 763
|
1 270
|
70
|
-50
|
261.0
|
BOU-DD23-232
|
317 456
|
3 476 254
|
1 211
|
250
|
-50
|
532.1
|
BOU-DD23-233
|
317 067
|
3 474 717
|
1 274
|
70
|
-50
|
76.5
|
BOU-DD23-234
|
316 976
|
3 474 737
|
1 259
|
70
|
-50
|
501.0
|
BOU-DD23-235
|
317 036
|
3 474 706
|
1 266
|
70
|
-50
|
500.7
|
BOU-DD23-236
|
317 088
|
3 474 487
|
1 268
|
70
|
-50
|
606.2
|
BOU-DD23-237
|
317 378
|
3 476 226
|
1 209
|
250
|
-50
|
600.5
|
BOU-DD23-238
|
317 298
|
3 476 197
|
1 218
|
250
|
-50
|
510.0
|
BOU-DD23-239
|
316 937
|
3 474 723
|
1 258
|
70
|
-50
|
486.7
|
BOU-DD23-240
|
317 001
|
3 474 693
|
1 260
|
70
|
-50
|
466.4
|
BOU-DD23-242
|
317 227
|
3 476 171
|
1 228
|
250
|
-50
|
384.8
|
BOU-DD23-244
|
317 147
|
3 474 666
|
1 278
|
70
|
-50
|
236.6
|
SOURCE Aya Gold & Silver
Inc