Aya Gold & Silver Inc. is pleased to provide a review of operations since assuming control in May 2020 including a recap of the 2020 top silver intercepts previously released from its Zgounder Silver Mine in the Kingdom of Morocco. Strong Finish to 2020 Drill Exploration Program Since September 2020, approximately 17,465 metres of new drilling have been completed, with a focus on expanding the silver resource at depth and [...]
Key Highlights ZG-20-06 intersected 9,346 grams per tonne silver over 4.00 meters , 1,624 g/t Ag over 1.00m and 930 g/t Ag over 3.00m ZG-20-25 intersected 1,174 g/t Ag over 3.50m ZG-20-01 intersected 1,000 g/t Ag over 1.50m ZG-20-02 intersected 266 g/t Ag over 9.50m Complete assay results for ZG-20-01 and ZG-20-02 are expected to be released in the coming weeks. Aya Gold & Silver Inc. is pleased to report high-grade Ag [...]
Aya Gold & Silver Inc. is pleased to report high-grade results from its ongoing drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco. The objective of the 15,000 m drill program is to expand high-grade silver mineralisation along strike and at depth. Included in this release are results for 10 diamond drill holes, which include six DDH from surface and four DDH at depth. Key highlights ZG-20-22 [...]
Aya Gold & Silver Inc. is pleased to announce its interim financial results for the third quarter ended September 30, 2020. All amounts are in US dollars unless otherwise stated. Quarterly Highlights Production of 113,655 oz of silver Sales of 81,423 oz of silver 26,034 tons of ore processed at an average grade of 217 g/t Ag Average realized silver price of $25.04/oz vs $24.39/oz average silver spot price in the quarter [...]
Aya Gold & Silver Inc. is pleased to announce that it has upsized and closed its previously announced underwritten private placement and has issued 12,488,095 units of the Corporation at a price of C$2.10 per Unit for gross proceeds of C$26,225,000. Each Unit consists of one common share in the Corporation and one-half of one common share purchase warrant. Each Warrant shall be exercisable for one Common Share at an [...]
Aya Gold & Silver Inc. is pleased to announce its interim financial results for the second quarter ended June 30, 2020. All amounts are in US dollars unless otherwise stated. Quarterly highlights: On April 24, 2020 the Corporation appointed Mr. Benoit La Salle FCPA, CPA as President, CEO and Director, and Robert Taub as Chairman of the Board. Silver ingot production for the quarter was 101,321 ounces . Silver sales for [...]
Aya Gold & Silver In. is pleased to announce that it has entered into an agreement with Desjardins Capital Markets, to act as lead underwriter of a syndicate of underwriters, whereby the Underwriters have agreed to purchase 9,524,000 units of the Company to be priced at C$2.10 per Unit for gross proceeds to the Company of approximately C$20,000,400. Each Unit will consist of one common share in the Company and one-half of [...]
Maya Gold & Silver wishes to announce that it has received the approval from the Toronto Stock Exchange to change the name of the Corporation from Maya Gold & Silver Inc. to Aya Gold & Silver Inc. Effective at market open on July 31, 2020, the Corporation will begin trading under its new name of Aya Gold & Silver Inc./Aya Or & Argent Inc. The Corporation has also received the approval from the Exchange to change the [...]
Maya Gold & Silver is pleased to announce the start of the first phase of the Zgounder Silver Mine exploration program. The Board of Directors of the Company recently approved a combined exploration and development program, which will include both Diamond Drilling and Reverse Circulation Drilling. The objective is to deliver value to shareholders through the drill bit and to build on the previous high-grade drill results [...]
Maya Gold & Silver Inc. is pleased to announce the interim financial results for the first quarter ended March 31, 2020. All amounts are in US dollars unless otherwise stated. Three-Months Ended March 31, 2020 – Financial Highlights: Silver ingot production was 67,005 oz in Q1/2020, compared with 109,084 oz in Q1/2019. The reduction in silver production was due to the flotation plant being shut down for the month of [...]
Maya Gold & Silveris pleased to announce the voting results at its annual and special meeting of shareholders held on June 19, 2020 in Montreal. A total of 49,965,453 common shares or 62.82% of Maya’s issued and outstanding common shares were represented in person or by proxy at the AGSM. The nominees listed in the management information circular, being Dr. Elena Clarici, Benoit LaSalle, Nikolaos Sofronis and Robert Taub [...]
Maya Gold & Silver wishes to provide an update on the Press Release issued May 14, 2020 relating to the COVID-19 pandemic as it effects the Corporation and the status of the filing of its quarterly financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications, for the quarter ended March 31, 2020. On May 14, 2020 the Corporation issued the required press release to [...]