Aya Gold & Silver Inc. announced that it had filed on SEDAR an independent Technical Report prepared in accordance with National Instrument 43-101 for the Zgounder Silver Mine in the Kingdom of Morocco. The Technical Report titled "Technical Report and Updated Mineral Resource Estimate Zgounder Silver Project, Kingdom of Morocco" is dated April 30, 2021 and supports the disclosure made by the Corporation in its March 16 [...]
Aya Gold & Silver Inc. is pleased to report preliminary production of 389,132 ounces at an average head grade of 295 grams per tonne silver in Q1 2021 at the Zgounder Silver Mine in the Kingdom of Morocco. Key Highlights Produced 389,132 oz of silver in Q1 2021 compared to 67,005 oz Ag in Q1 2020 Improved silver recoveries to 81.9% and 83.7% at the flotation and cyanidation plants, respectively Strong Start to 2021 [...]
Aya Gold & Silver Inc. is pleased to announce initial high-grade silver results from its 2021 drilling program at the Zgounder Silver Mine in the Kingdom of Morocco. Results from 40 drill holes continue to intersect high-grade silver mineralization along strike to the east and at depth below the current resource. Key Highlights ZG-SF-20-25 intersected 2,728 grams per tonne Ag over 6.0m ZG-SF-20-23 intersected 4,517 g/t Ag [...]
Record Production and Exploration Activity Forecasted in 2021 Aya Gold & Silver Inc. today reported its financial and operational results for the fourth quarter and year ended December 31, 2020. All amounts are in US dollars unless otherwise stated. 2020 Highlights Record silver production of 726,319 ounces in 2020, an increase of 61% from 2019 Revenues of $13,822,709 in 2020, an increase of 127% from 2019 Net loss of [...]
Aya Gold & Silver Inc. is pleased to announce an updated Mineral Resource Estimate for its Zgounder Silver Mine in the Kingdom of Morocco. Resources - Overview as of March 1, 2021 Measured and Indicated Mineral Resources increased to 44.4 million ounces of Silver , a 340% increase compared to February 2018 Measured Mineral Resources increased from 2.6 to 34.9 million ounces Ag, a 1,242% increase compared to February 2018 [...]
Aya Gold & Silver Inc. is pleased to announce that the Proposal made by Algold Resources Ltd. to its creditors was approved today pursuant to which Aya will fund Algold's Proposal and at closing, will become the sole shareholder of Algold. Under the terms of the Investment Agreement, Aya will provide Algold with C$100,000 in cash and distribute C$2,400,000 in Aya shares to Algold current shareholders to fund Algold's [...]
Aya Gold & Silver Inc. is pleased to announce additional high-grade T28 drill results from its 2020-21 drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco. The T28 drill results further demonstrate high-grade silver continuity along strike and at depth. The Corporation is also providing its 2021 outlook, including production and cost guidance for Zgounder. All dollars are in U.S. dollars [...]
Aya Gold & Silver Inc. is pleased to announce that, in the context of the Proposal made by Algold Resources Ltd., it has entered into a binding term sheet with Algold pursuant to which Aya would fund Algold's Proposal to its creditors and at closing, would become the sole shareholder of Algold . Under the terms of the Investment Agreement, Aya will provide Algold with C$100,000 in cash and C$2,500,000 in Aya shares to [...]
Aya Gold & Silver Inc. is pleased to announce additional high-grade silver results from its 2020 diamond drill hole exploration program at the Zgounder Silver Mine in the Kingdom of Morocco. Results from 12 DDH continue to intersect high-grade silver mineralisation along strike to the east and at depth below the current resource. Key Highlights ZG-20-30 intersected 1,946 grams per tonne Ag over 9.0m ZG-20-31 intersected [...]
Key Highlights ZG-20-13 intersected 1,273 grams per tonne Ag over 5.5m, including 3,914 g/t Ag over 1.5m ZG-20-36 intersected 1,587 g/t Ag over 3m ZG-SF-20-01T intersected 845 g/t Ag over 11.5m T28-20-2100-5 intersected 975 g/t Ag over 16.8m T28-20-2100-19 intersected 1,317 g/t Ag over 4.8m Surface results confirm a 90m extension to the east up to hole ZG-20-36 Underground results extend the mineralisation at depth to the [...]
Aya Gold & Silver Inc. is pleased to report record quarterly silver production of 407,986 ounces in Q4 2020 from its Zgounder Silver Mine in the Kingdom of Morocco. 2020 Silver Production Highlights Total quarterly silver production of 407,986 oz in Q4 2020, representing record quarterly production Increased throughput to 566 tonnes per day in Q4 2020, representing 81% of design capacity Total annual silver production of [...]
Aya Gold & Silver Inc. is pleased to announce that it has entered into a definitive agreement with the creditors of Algold Resources Ltd , which owns 75% of the Tijirit Gold Project in Mauritania, to acquire their 2018 secured loan for a then face value of US$5 million. The Loan is secured against the assets of Algold. The current loan value and outstanding balance stands at US$8 million. Under the terms of the [...]
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