Aya logs high-grade, shallow silver in Morocco
New drilling results expand high-grade silver mineralization around the open pit and central area of the Zgounder mine in Morocco.
Aya Gold & Silver's new drilling at its Zgounder mine in Morocco has uncovered high-grade silver mineralization, extending the existing open pit and central part of the mine. Hole ZG-RC-24-24-155 in the open-pit area yielded 13 meters of 783 grams silver per tonne, while another hole, ZG-RC-24-354, intersected 11 meters of 501 grams silver from 2 meters depth.
The results are part of Aya's 30,000-meter drilling program at Zgounder, which is working to expand resources and develop the larger Boumadine polymetallic project. The Boumadine project, which is expected to begin production in 2030, has an estimated after-tax net present value of $3.5 billion. Aya's CEO, Benoit La Salle, stated that the drilling results reinforce the strength and continuity of silver mineralization around the open pit and across the central zone.
The company's ongoing drill campaign also includes an exploration drift at the 1,825-meter level, with drilling west of the Zgounder fault scheduled to begin in the fourth quarter.
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