MONTREAL, Feb. 14,
2023 /CNW/ - Aya
Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF)
("Aya" or the "Corporation") is pleased to announce new high-grade
exploration drill results, which confirm the extension of
mineralization by 20% south of the main mineralized trend and
confirm the discovery of several parallel structures at Boumadine,
in the Kingdom of Morocco.
Key Highlights1
- Definition of new mineralization and extension of the South
Zone. The main mineralized trend, which now extends over 3.2
kilometres ("km"), is open at both ends along strike and at
depth.
-
- BOU-DD22-080 intercepted 2,715 g/t silver equivalent
("AgEq") over 1.40m (2.86 g/t Au,
1,717 g/t Ag, 9.6% Zn, 3.5% Pb and 0.7% Cu)
- BOU-DD22-041 intercepted 609 g/t AgEq over 3.6m (4.02 g/t Au, 101 g/t Ag, 0.5% Zn, 2.5% Pb
and 0.2% Cu) and 664 g/t AgEq over 1.70m (5.08 g/t Au, 106 g/t Ag, 0.8% Zn, 0.5% Pb
and 0.2% Cu)
- BOU-DD22-053 intercepted 736 g/t AgEq over 2.2m (6.24 g/t Au, 41 g/t Ag, 1.4% Zn, 1.0% Pb
and 0.02% Cu)
- BOU-DD22-050 intercepted 276 g/t AgEq over 9.5m (1.11 g/t Au, 94 g/t Ag, 1.0% Zn, 0.4% Pb
and 0.1% Cu) including 3.9m at 431
g/t AgEq
- BOU-DD22-077 intercepted 385 grams per tonne ("g/t")
AgEq over 6.6 metres ("m") (3.22 g/t Au, 26 g/t Ag, 0.7% Zn, 0.5%
Pb and 0.03% Cu) including 1.2m at
1,037 g/t AgEq
- 18,335m of drilling completed as
of December 31, 2022, for a total of
86 diamond drill holes ("DDH")
- Extension of the main mineralized trend to the south, extending
mineralization to over 3.2 km of strike length, and remaining open
in all directions
- Confirmation of a satellite mineralization body at Tizi, and
discovery of new parallel structures along the main trend
- Currently, three rigs are drilling at Boumadine as part of the
36,000m program planned for 2023
_________________________________
|
1 All
intersections are in core lengths; Ag equivalent is based on a 100%
recovery with the following ratios calculated with September 7,
2022, prices: 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
|
"We are excited with these drill results at Boumadine, which
extend mineralization by 20% to over 3.2 kilometres and confirm the
existence of parallel zones that significantly increase the
potential to add high-grade ounces," said Benoit La Salle, President & CEO. "The 2023
drill exploration program has nearly doubled in size over last
year's program, with the objective of extending the main
mineralized trend to the south and delineating the known
mineralization to deliver a resource statement over the next 12
months."
Table 1 – Significant Intercepts from 2022 Boumadine Drill
Exploration Program (core lengths)
DDH
No.
|
Section
|
From
(m)
|
To
(m)
|
Au
(g/t)
|
Ag
(g/t)
|
Length*
(m)
|
Cu
(%)
|
Pb
(%)
|
Zn
(%)
|
Mo
(g/t)
|
Ag
Eq**
(g/t)
|
BOU-DD22-040
|
Central
North
|
66.0
|
68.0
|
3.77
|
88
|
2.0
|
0.0
|
1.7
|
10.1
|
30
|
1,045
|
BOU-DD22-040
|
Central
North
|
185.2
|
185.9
|
6.58
|
361
|
0.7
|
0.9
|
0.7
|
1.0
|
7
|
1,172
|
BOU-DD22-041
|
Central
North
|
208.7
|
212.3
|
4.02
|
101
|
3.6
|
0.2
|
2.5
|
0.5
|
2
|
609
|
BOU-DD22-041
|
Central
North
|
224.2
|
225.9
|
5.08
|
106
|
1.7
|
0.2
|
0.5
|
0.8
|
5
|
664
|
BOU-DD22-045
|
North
|
62.7
|
65.7
|
0.92
|
111
|
3.0
|
0.0
|
0.1
|
0.4
|
13
|
226
|
BOU-DD22-047
|
North
|
176.0
|
177.1
|
1.61
|
350
|
1.1
|
0.3
|
2.5
|
1.3
|
3
|
689
|
BOU-DD22-049
|
North
|
38.5
|
41.7
|
0.54
|
117
|
3.2
|
0.0
|
0.4
|
0.2
|
9
|
192
|
BOU-DD22-050
|
North
|
104.5
|
114.0
|
1.11
|
94
|
9.5
|
0.1
|
0.4
|
1.0
|
10
|
276
|
Including
|
105.6
|
109.5
|
2.16
|
191
|
3.9
|
0.1
|
0.2
|
0.3
|
10
|
431
|
BOU-DD22-053
|
Tizi North
|
51.8
|
54.0
|
6.24
|
41
|
2.2
|
0.0
|
1.0
|
1.4
|
3
|
736
|
Including
|
51.8
|
52.4
|
19.99
|
67
|
0.6
|
0.0
|
1.7
|
2.2
|
4
|
2,115
|
BOU-DD22-054
|
Tizi North
|
52.8
|
56.1
|
0.43
|
67
|
3.3
|
0.0
|
0.5
|
1.2
|
3
|
188
|
BOU-DD22-062
|
North
|
154.5
|
155.8
|
2.45
|
39
|
1.3
|
0.1
|
0.6
|
0.6
|
21
|
329
|
BOU-DD22-077
|
South 5
|
521.0
|
527.6
|
3.22
|
26
|
6.6
|
0.0
|
0.5
|
0.7
|
17
|
385
|
Including
|
523.4
|
524.6
|
8.73
|
62
|
1.2
|
0.0
|
0.6
|
2.5
|
44
|
1,037
|
BOU-DD22-078
|
Central 1
|
304.6
|
310.3
|
0.83
|
29
|
5.7
|
0.0
|
0.9
|
1.7
|
9
|
231
|
Including
|
304.6
|
306.5
|
1.29
|
62
|
1.9
|
0.1
|
2.3
|
4.3
|
8
|
499
|
BOU-DD22-080
|
Central-South
|
202.9
|
210.0
|
0.85
|
420
|
7.1
|
0.2
|
0.8
|
2.9
|
105
|
707
|
Including
|
208.6
|
210.0
|
2.86
|
1717
|
1.4
|
0.7
|
3.5
|
9.6
|
28
|
2,715
|
BOU-DD22-082
|
Central-South
|
322.9
|
324.6
|
1.62
|
36
|
1.7
|
0.1
|
0.7
|
0.8
|
7
|
261
|
BOU-DD22-083
|
Central-South
|
159.6
|
169.6
|
0.58
|
21
|
10.0
|
0.0
|
0.5
|
0.8
|
12
|
142
|
* 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.
|
2022 Exploration Results and 2023
Drilling Programs
The 2022 drill exploration program at Boumadine completed 86 DDH
for a total of 18,335m (Appendix 2).
The drilling was completed on five targets: Central, South,
Imariren, Tizi and the Southwest Zones (Figure 1).
All of the 2022 drilling results have been received except for
hole BOU-DD22-086 (Table 1 and Appendix 1). Figures 5 to 8 present
each of the sections drilled along the main trend, its significant
results, and geological interpretation.
Results from the second phase of drilling along the main trend,
both north (BOU-DD22-041and BOU-DD22-050) and south (BOU-DD22-077),
extend the known mineralization to over 3.2 km strike length which
remains open in all directions. Drilling to date also confirms
discovery of parallel structures as shown by significant
intersects, including BOU-DD22-078 and BOU-DD22-083. A mineralized
satellite zone was also confirmed at Tizi.
The mineralization consists generally of 1m to 4m widths
(locally reaching over 10m width)
N340- oriented massive sulfide lenses/veins sharply dipping
eastward (> 70°). The massive sulphide veins (>80%) are
composed mainly of pyrite, with variable proportions of sphalerite,
galena, and chalcopyrite.
In 2023, Aya intends to complete a 36,000m drill program, of which 21,000m will be allocated to delineation drilling
along the main trend with the aim of building a resource (Figure
2). The remaining 15,000m will target
new zones as well as extensions of the main trend along strike and
at depth. The new 3D interpretation and model of the VTEM survey
(Figure 3) will allow the Corporation to clearly follow the
conductive anomaly, in addition to directly helping the exploration
and the delineation programs.
Next Steps
The 36,000m drilling program is
expected to be completed by mid 2023. The relogging and resampling
of historic drill holes is ongoing for expected completion this
year. Aya expects to use both data in estimating an NI
43-101-compliant resource update within the next 12 months. In
addition, detailed surface mapping of the area is ongoing and is
expected to be completed in the first half of this year.
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.
For additional information, please visit Aya's website at
www.ayagoldsilver.com or contact:
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 " promising",
"extend", "confirm", "belief", "potential", "confident", "could",
"opportunity", "support", "suggest", "expected", "probably", 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 Zgounder and the conversion of Inferred
Mineral Resources into Measured and Indicated Mineral Resources,
future opportunities for enhancing development at Zgounder, 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
closing and timing of financing, 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 2021 Annual Information Form dated June 16, 2022, 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
|
From (m)
|
To (m)
|
Au (g/t)
|
Ag (g/t)
|
Length* (m)
|
Cu (%)
|
Pb (%)
|
Zn (%)
|
Mo (g/t)
|
Ag
Eq** (g/t)
|
BOU-DD22-039
|
Central
|
163.9
|
164.9
|
0.42
|
12
|
1.0
|
0.0
|
0.1
|
0.2
|
2
|
64
|
BOU-DD22-039
|
Central
|
170.8
|
171.3
|
1.58
|
89
|
0.5
|
0.0
|
0.8
|
2.3
|
4
|
391
|
BOU-DD22-039
|
Central
|
306.0
|
306.7
|
0.93
|
109
|
0.7
|
0.1
|
1.1
|
1.3
|
15
|
307
|
BOU-DD22-039
|
Central
|
345.4
|
346.5
|
0.32
|
55
|
1.1
|
0.0
|
1.1
|
1.1
|
14
|
185
|
BOU-DD22-039
|
Central
|
443.1
|
443.8
|
0.60
|
35
|
0.7
|
0.0
|
1.0
|
1.1
|
8
|
181
|
BOU-DD22-040
|
Central
North
|
25.5
|
26.0
|
0.69
|
41
|
0.5
|
0.0
|
0.2
|
0.3
|
33
|
128
|
BOU-DD22-040
|
Central
North
|
44.0
|
45.0
|
0.40
|
15
|
1.0
|
0.0
|
0.1
|
0.2
|
4
|
66
|
BOU-DD22-040
|
Central
North
|
66.0
|
68.0
|
3.77
|
88
|
2.0
|
0.0
|
1.7
|
10.1
|
30
|
1045
|
BOU-DD22-040
|
Central
North
|
93.4
|
94.6
|
0.52
|
21
|
1.2
|
0.0
|
0.7
|
3.5
|
3
|
287
|
BOU-DD22-040
|
Central
North
|
96.8
|
97.3
|
0.70
|
86
|
0.5
|
0.0
|
3.9
|
6.3
|
5
|
617
|
BOU-DD22-040
|
Central
North
|
103.7
|
104.4
|
0.88
|
64
|
0.7
|
0.0
|
0.9
|
1.3
|
65
|
248
|
BOU-DD22-040
|
Central
North
|
109.1
|
110.1
|
0.38
|
15
|
1.0
|
0.0
|
0.4
|
0.3
|
8
|
80
|
BOU-DD22-040
|
Central
North
|
131.9
|
132.7
|
0.21
|
44
|
0.8
|
0.0
|
1.3
|
4.0
|
9
|
322
|
BOU-DD22-040
|
Central
North
|
136.7
|
137.8
|
1.77
|
72
|
1.1
|
0.0
|
3.1
|
8.3
|
27
|
791
|
BOU-DD22-040
|
Central
North
|
143.2
|
143.7
|
0.23
|
67
|
0.5
|
0.0
|
0.9
|
4.3
|
1
|
351
|
BOU-DD22-040
|
Central
North
|
179.2
|
180.3
|
0.36
|
16
|
1.1
|
0.0
|
0.4
|
0.4
|
3
|
83
|
BOU-DD22-040
|
Central
North
|
182.3
|
183.3
|
0.31
|
16
|
1.0
|
0.0
|
0.1
|
0.1
|
4
|
58
|
BOU-DD22-040
|
Central
North
|
185.2
|
185.9
|
6.58
|
361
|
0.7
|
0.9
|
0.7
|
1.0
|
7
|
1172
|
BOU-DD22-041
|
Central
North
|
42.0
|
42.5
|
0.91
|
154
|
0.5
|
0.0
|
4.9
|
0.6
|
20
|
431
|
BOU-DD22-041
|
Central
North
|
70.8
|
71.6
|
0.56
|
41
|
0.8
|
0.0
|
1.0
|
1.7
|
167
|
225
|
BOU-DD22-041
|
Central
North
|
73.8
|
74.3
|
0.22
|
52
|
0.5
|
0.0
|
1.8
|
1.8
|
17
|
232
|
BOU-DD22-041
|
Central
North
|
87.2
|
88.9
|
0.41
|
61
|
1.7
|
0.0
|
0.7
|
1.9
|
43
|
227
|
BOU-DD22-041
|
Central
North
|
93.0
|
95.1
|
0.27
|
70
|
2.1
|
0.0
|
2.7
|
3.3
|
12
|
359
|
BOU-DD22-041
|
Central
North
|
104.7
|
107.5
|
0.70
|
8
|
2.8
|
0.0
|
0.1
|
0.1
|
3
|
84
|
BOU-DD22-041
|
Central
North
|
110.8
|
111.3
|
0.73
|
59
|
0.5
|
0.0
|
1.2
|
2.7
|
6
|
314
|
BOU-DD22-041
|
Central
North
|
113.3
|
114.4
|
0.46
|
4
|
1.1
|
0.0
|
0.0
|
0.2
|
1
|
57
|
BOU-DD22-041
|
Central
North
|
171.0
|
172.0
|
0.30
|
16
|
1.0
|
0.0
|
0.7
|
1.7
|
28
|
159
|
BOU-DD22-041
|
Central
North
|
183.8
|
184.3
|
0.02
|
72
|
0.5
|
0.0
|
8.3
|
0.5
|
2
|
366
|
BOU-DD22-041
|
Central
North
|
205.5
|
206.0
|
0.11
|
67
|
0.5
|
0.0
|
0.4
|
0.7
|
2
|
131
|
BOU-DD22-041
|
Central
North
|
208.7
|
212.3
|
4.02
|
101
|
3.6
|
0.2
|
2.5
|
0.5
|
2
|
609
|
BOU-DD22-041
|
Central
North
|
224.2
|
225.9
|
5.08
|
106
|
1.7
|
0.2
|
0.5
|
0.8
|
5
|
664
|
BOU-DD22-041
|
Central
North
|
232.5
|
233.0
|
1.90
|
83
|
0.5
|
0.3
|
0.3
|
0.3
|
9
|
320
|
BOU-DD22-042
|
NSR
|
0.0
|
153.2
|
0.00
|
0
|
153.2
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-043
|
NSR
|
0.0
|
150.0
|
0.00
|
0
|
150.0
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-044
|
North
|
1.5
|
2.7
|
0.42
|
8
|
1.2
|
0.0
|
0.1
|
0.0
|
2
|
51
|
BOU-DD22-044
|
North
|
9.2
|
10.2
|
0.14
|
40
|
1.0
|
0.0
|
0.4
|
0.0
|
15
|
69
|
BOU-DD22-044
|
North
|
14.1
|
15.1
|
0.26
|
40
|
1.0
|
0.0
|
0.1
|
0.0
|
6
|
70
|
BOU-DD22-044
|
North
|
18.1
|
26.7
|
0.29
|
42
|
8.6
|
0.0
|
0.1
|
0.1
|
5
|
78
|
Including
|
20.1
|
21.1
|
1.31
|
41
|
1.0
|
0.0
|
0.1
|
0.0
|
10
|
169
|
BOU-DD22-045
|
North
|
41.0
|
41.8
|
0.61
|
47
|
0.8
|
0.0
|
0.7
|
1.6
|
5
|
214
|
BOU-DD22-045
|
North
|
60.3
|
61.5
|
0.10
|
40
|
1.2
|
0.0
|
0.4
|
0.8
|
7
|
109
|
BOU-DD22-045
|
North
|
62.7
|
65.7
|
0.92
|
111
|
3.0
|
0.0
|
0.1
|
0.4
|
13
|
226
|
BOU-DD22-046
|
North
|
110.2
|
111.0
|
0.41
|
32
|
0.8
|
0.0
|
0.1
|
0.2
|
4
|
84
|
BOU-DD22-046
|
North
|
113.0
|
114.2
|
0.38
|
59
|
1.2
|
0.0
|
0.5
|
0.6
|
4
|
145
|
BOU-DD22-047
|
North
|
176.0
|
177.1
|
1.61
|
350
|
1.1
|
0.3
|
2.5
|
1.3
|
3
|
689
|
BOU-DD22-047
|
North
|
184.6
|
185.3
|
0.02
|
88
|
0.7
|
0.0
|
0.8
|
2.7
|
7
|
260
|
BOU-DD22-048
|
North
|
10.9
|
11.9
|
1.31
|
8
|
1.0
|
0.0
|
0.4
|
0.0
|
5
|
144
|
BOU-DD22-048
|
North
|
17.8
|
19.1
|
0.95
|
64
|
1.3
|
0.0
|
0.5
|
0.0
|
4
|
173
|
BOU-DD22-049
|
North
|
6.8
|
8.6
|
0.52
|
26
|
1.8
|
0.0
|
0.2
|
0.0
|
12
|
83
|
BOU-DD22-049
|
North
|
12.2
|
13.1
|
2.00
|
77
|
0.9
|
0.0
|
0.1
|
0.0
|
55
|
273
|
BOU-DD22-049
|
North
|
21.5
|
22.7
|
0.57
|
4
|
1.2
|
0.0
|
0.0
|
0.0
|
10
|
62
|
BOU-DD22-049
|
North
|
23.8
|
27.5
|
0.29
|
34
|
3.7
|
0.0
|
0.3
|
0.1
|
7
|
77
|
BOU-DD22-049
|
North
|
28.3
|
28.9
|
0.42
|
8
|
0.6
|
0.0
|
0.1
|
0.0
|
2
|
54
|
BOU-DD22-049
|
North
|
38.5
|
41.7
|
0.54
|
117
|
3.2
|
0.0
|
0.4
|
0.2
|
9
|
192
|
BOU-DD22-049
|
North
|
42.6
|
43.6
|
0.12
|
35
|
1.0
|
0.0
|
0.1
|
0.1
|
3
|
55
|
BOU-DD22-049
|
North
|
50.7
|
51.5
|
1.58
|
11
|
0.8
|
0.0
|
0.1
|
0.1
|
11
|
165
|
BOU-DD22-050
|
North
|
2.6
|
5.0
|
0.99
|
12
|
2.4
|
0.0
|
0.4
|
0.0
|
18
|
120
|
BOU-DD22-050
|
North
|
7.0
|
9.0
|
0.42
|
12
|
2.0
|
0.0
|
0.1
|
0.0
|
11
|
56
|
BOU-DD22-050
|
North
|
70.5
|
71.0
|
1.50
|
87
|
0.5
|
0.0
|
0.5
|
5.5
|
19
|
546
|
BOU-DD22-050
|
North
|
104.5
|
114.0
|
1.11
|
94
|
9.5
|
0.1
|
0.4
|
1.0
|
10
|
276
|
Including
|
105.6
|
109.5
|
2.16
|
191
|
3.9
|
0.1
|
0.2
|
0.3
|
10
|
431
|
BOU-DD22-050
|
North
|
121.8
|
122.9
|
0.50
|
16
|
1.1
|
0.0
|
0.3
|
0.6
|
77
|
110
|
BOU-DD22-050
|
North
|
133.9
|
135.5
|
0.32
|
24
|
1.6
|
0.0
|
0.4
|
0.1
|
11
|
77
|
BOU-DD22-051
|
Tizi South
|
24.4
|
26.0
|
1.13
|
16
|
1.6
|
0.0
|
0.1
|
0.0
|
259
|
144
|
BOU-DD22-051
|
Tizi South
|
47.6
|
48.4
|
0.35
|
16
|
0.8
|
0.0
|
0.2
|
0.2
|
7
|
67
|
BOU-DD22-052
|
Tizi South
|
107.0
|
107.8
|
0.68
|
8
|
0.8
|
0.0
|
0.0
|
0.1
|
3
|
79
|
BOU-DD22-053
|
Tizi North
|
37.2
|
38.3
|
0.48
|
40
|
1.1
|
0.0
|
0.4
|
0.5
|
1
|
127
|
BOU-DD22-053
|
Tizi North
|
51.8
|
54.0
|
6.24
|
41
|
2.2
|
0.0
|
1.0
|
1.4
|
3
|
736
|
Including
|
51.8
|
52.4
|
19.99
|
67
|
0.6
|
0.0
|
1.7
|
2.2
|
4
|
2115
|
BOU-DD22-054
|
Tizi North
|
52.8
|
56.1
|
0.43
|
67
|
3.3
|
0.0
|
0.5
|
1.2
|
3
|
188
|
BOU-DD22-054
|
Tizi North
|
78.8
|
79.8
|
0.85
|
12
|
1.0
|
0.0
|
0.3
|
0.3
|
3
|
115
|
BOU-DD22-054
|
Tizi North
|
89.9
|
103.9
|
0.38
|
47
|
14.0
|
0.0
|
1.4
|
2.5
|
8
|
264
|
BOU-DD22-055
|
NSR
|
0.0
|
103.5
|
0.00
|
0
|
103.5
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-056
|
NSR
|
0.0
|
150.9
|
0.00
|
0
|
150.9
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-057
|
Imariren 2
|
29.4
|
30.5
|
1.04
|
17
|
1.1
|
0.0
|
0.6
|
0.7
|
3
|
170
|
BOU-DD22-058
|
Imariren 3
|
30.0
|
31.0
|
0.96
|
16
|
1.0
|
0.0
|
0.4
|
1.4
|
4
|
195
|
BOU-DD22-058
|
Imariren 3
|
32.0
|
32.5
|
0.32
|
32
|
0.5
|
0.0
|
0.5
|
2.5
|
6
|
214
|
BOU-DD22-058
|
Imariren 3
|
47.8
|
48.5
|
1.18
|
22
|
0.7
|
0.0
|
0.5
|
8.9
|
2
|
630
|
BOU-DD22-059
|
NSR
|
0.0
|
134.6
|
0.00
|
0
|
134.6
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-060
|
NSR
|
0.0
|
101.3
|
0.00
|
0
|
101.3
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-061
|
Imariren 4
|
81.2
|
82.2
|
1.08
|
8
|
1.0
|
0.0
|
0.3
|
0.9
|
7
|
172
|
BOU-DD22-062
|
North
|
55.5
|
56.2
|
0.26
|
40
|
0.7
|
0.0
|
0.2
|
0.2
|
11
|
80
|
BOU-DD22-062
|
North
|
59.6
|
65.0
|
0.40
|
32
|
5.4
|
0.0
|
0.2
|
2.0
|
13
|
187
|
BOU-DD22-062
|
North
|
154.5
|
155.8
|
2.45
|
39
|
1.3
|
0.1
|
0.6
|
0.6
|
21
|
329
|
BOU-DD22-062
|
North
|
196.3
|
197.0
|
1.00
|
29
|
0.7
|
0.1
|
0.5
|
1.4
|
24
|
232
|
BOU-DD22-063
|
NSR
|
0.0
|
179.1
|
0.00
|
0
|
179.1
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-064
|
NSR
|
0.0
|
152.7
|
0.00
|
0
|
152.7
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-065
|
NSR
|
0.0
|
154.9
|
0.00
|
0
|
154.9
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-066
|
NSR
|
0.0
|
152.3
|
0.00
|
0
|
152.3
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-067
|
NSR
|
0.0
|
224.9
|
0.00
|
0
|
224.9
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-068
|
NSR
|
0.0
|
100.0
|
0.00
|
0
|
100.0
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-069
|
South-Ouest
|
129.9
|
130.5
|
0.02
|
218
|
0.6
|
0.3
|
13.6
|
15.5
|
0
|
1529
|
BOU-DD22-070
|
NSR
|
0.0
|
100.7
|
0.00
|
0
|
100.7
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-071
|
NSR
|
0.0
|
194.8
|
0.00
|
0
|
194.8
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-072
|
NSR
|
0.0
|
162.8
|
0.00
|
0
|
162.8
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-073
|
NSR
|
0.0
|
152.1
|
0.00
|
0
|
152.1
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-074
|
NSR
|
0.0
|
156.9
|
0.00
|
0
|
156.9
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-075
|
NSR
|
0.0
|
155.3
|
0.00
|
0
|
155.3
|
0.0
|
0.0
|
0.0
|
0
|
0
|
BOU-DD22-076
|
South 5
|
301.8
|
302.6
|
0.64
|
16
|
0.8
|
0.1
|
0.1
|
0.0
|
27
|
89
|
BOU-DD22-077
|
South 5
|
355.1
|
355.9
|
0.49
|
1
|
0.8
|
0.0
|
0.0
|
0.0
|
7
|
49
|
BOU-DD22-077
|
South 5
|
357.2
|
358.3
|
0.62
|
7
|
1.1
|
0.0
|
0.0
|
0.0
|
12
|
69
|
BOU-DD22-077
|
South 5
|
384.6
|
387.1
|
0.58
|
22
|
2.5
|
0.0
|
0.3
|
0.3
|
11
|
104
|
BOU-DD22-077
|
South 5
|
475.5
|
476.5
|
0.02
|
64
|
1.0
|
0.1
|
0.0
|
0.1
|
8
|
85
|
BOU-DD22-077
|
South 5
|
521.0
|
527.6
|
3.22
|
26
|
6.6
|
0.0
|
0.5
|
0.7
|
17
|
385
|
Including
|
523.4
|
524.6
|
8.73
|
62
|
1.2
|
0.0
|
0.6
|
2.5
|
44
|
1037
|
BOU-DD22-078
|
Central 1
|
102.1
|
102.8
|
0.30
|
49
|
0.7
|
0.1
|
0.6
|
6.1
|
4
|
438
|
BOU-DD22-078
|
Central 1
|
105.7
|
106.9
|
0.32
|
20
|
1.2
|
0.0
|
0.5
|
0.6
|
5
|
96
|
BOU-DD22-078
|
Central 1
|
131.3
|
131.9
|
0.54
|
24
|
0.6
|
0.0
|
0.1
|
0.1
|
5
|
86
|
BOU-DD22-078
|
Central 1
|
304.6
|
310.3
|
0.83
|
29
|
5.7
|
0.0
|
0.9
|
1.7
|
9
|
231
|
Including
|
304.6
|
306.5
|
1.29
|
62
|
1.9
|
0.1
|
2.3
|
4.3
|
8
|
499
|
BOU-DD22-078
|
Central 1
|
342.2
|
343.0
|
1.11
|
9
|
0.8
|
0.0
|
0.8
|
1.0
|
8
|
191
|
BOU-DD22-078
|
Central 1
|
770.8
|
772.6
|
0.47
|
6
|
1.8
|
0.0
|
0.2
|
0.0
|
12
|
61
|
BOU-DD22-078
|
Central 1
|
773.3
|
776.2
|
0.53
|
13
|
2.9
|
0.0
|
0.3
|
0.1
|
12
|
82
|
BOU-DD22-078
|
Central 1
|
803.0
|
803.8
|
0.34
|
13
|
0.8
|
0.0
|
0.8
|
1.7
|
11
|
166
|
BOU-DD22-079
|
Central-South
|
131.8
|
133.2
|
0.80
|
42
|
1.4
|
0.0
|
0.2
|
2.5
|
10
|
262
|
BOU-DD22-079
|
Central-South
|
135.6
|
136.1
|
0.93
|
60
|
0.5
|
0.0
|
1.8
|
1.5
|
10
|
287
|
BOU-DD22-080
|
Central-South
|
202.9
|
210.0
|
0.85
|
420
|
7.1
|
0.2
|
0.8
|
2.9
|
105
|
707
|
Including
|
208.6
|
210.0
|
2.86
|
1717
|
1.4
|
0.7
|
3.5
|
9.6
|
28
|
2715
|
BOU-DD22-080
|
Central-South
|
215.1
|
215.6
|
1.47
|
52
|
0.5
|
0.0
|
1.2
|
2.6
|
12
|
367
|
BOU-DD22-081
|
Central-South
|
63.1
|
63.6
|
0.92
|
12
|
0.5
|
0.0
|
0.2
|
0.6
|
16
|
140
|
BOU-DD22-081
|
Central-South
|
255.4
|
256.3
|
0.67
|
20
|
0.9
|
0.0
|
0.3
|
0.8
|
205
|
155
|
BOU-DD22-081
|
Central-South
|
264.5
|
265.2
|
1.02
|
27
|
0.7
|
0.0
|
0.3
|
0.6
|
18
|
168
|
BOU-DD22-082
|
Central-South
|
111.3
|
114.7
|
0.40
|
25
|
3.4
|
0.0
|
0.2
|
0.9
|
10
|
124
|
BOU-DD22-082
|
Central-South
|
209.2
|
209.7
|
0.36
|
17
|
0.5
|
0.0
|
0.2
|
0.5
|
5
|
86
|
BOU-DD22-082
|
Central-South
|
212.2
|
212.7
|
0.28
|
21
|
0.5
|
0.1
|
0.2
|
0.4
|
1
|
83
|
BOU-DD22-082
|
Central-South
|
217.0
|
217.5
|
0.35
|
12
|
0.5
|
0.0
|
0.2
|
0.3
|
2
|
66
|
BOU-DD22-082
|
Central-South
|
305.4
|
307.1
|
0.78
|
11
|
1.7
|
0.0
|
0.1
|
0.2
|
29
|
101
|
BOU-DD22-082
|
Central-South
|
316.0
|
317.0
|
1.17
|
20
|
1.0
|
0.1
|
0.3
|
0.4
|
5
|
171
|
BOU-DD22-082
|
Central-South
|
322.9
|
324.6
|
1.62
|
36
|
1.7
|
0.1
|
0.7
|
0.8
|
7
|
261
|
BOU-DD22-082
|
Central-South
|
339.0
|
340.1
|
1.45
|
24
|
1.1
|
0.0
|
0.2
|
0.1
|
4
|
168
|
BOU-DD22-082
|
Central-South
|
361.4
|
361.9
|
0.27
|
24
|
0.5
|
0.0
|
0.5
|
0.7
|
9
|
106
|
BOU-DD22-082
|
Central-South
|
410.5
|
411.1
|
0.43
|
32
|
0.6
|
0.4
|
0.7
|
3.1
|
11
|
312
|
BOU-DD22-082
|
Central-South
|
419.1
|
419.7
|
0.40
|
25
|
0.6
|
0.1
|
1.0
|
2.5
|
6
|
235
|
BOU-DD22-082
|
Central-South
|
455.5
|
456.0
|
0.72
|
17
|
0.5
|
0.0
|
0.2
|
0.5
|
15
|
124
|
BOU-DD22-083
|
Central-South
|
159.6
|
169.6
|
0.58
|
21
|
10.0
|
0.0
|
0.5
|
0.8
|
12
|
142
|
BOU-DD22-084
|
Central-South
|
197.8
|
198.6
|
1.63
|
44
|
0.8
|
0.1
|
1.8
|
2.3
|
5
|
393
|
BOU-DD22-084
|
Central-South
|
206.5
|
208.0
|
0.76
|
34
|
1.5
|
0.0
|
1.9
|
0.9
|
8
|
217
|
BOU-DD22-084
|
Central-South
|
209.3
|
210.0
|
0.62
|
16
|
0.7
|
0.0
|
0.5
|
0.8
|
9
|
132
|
BOU-DD22-084
|
Central-South
|
272.1
|
272.9
|
0.60
|
107
|
0.8
|
0.0
|
0.4
|
0.1
|
10
|
185
|
BOU-DD22-084
|
Central-South
|
277.6
|
278.2
|
0.32
|
20
|
0.6
|
0.1
|
0.1
|
0.3
|
11
|
77
|
BOU-DD22-085
|
NSR
|
0.0
|
154.5
|
0.00
|
0
|
154.5
|
0.0
|
0.0
|
0.0
|
0
|
0
|
* 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 – Drillhole Coordinates of 2022 Boumadine
Exploration Program
DDH
No.
|
Easting
|
Northing
|
Elevation
|
Azimuth
|
Dip
|
Length (m)
|
BOU-DD22-040
|
316978
|
3477062
|
1231
|
250
|
-50
|
198
|
BOU-DD22-041
|
317027
|
3477079
|
1248
|
250
|
-50
|
252
|
BOU-DD22-042
|
316523
|
3477108
|
1234
|
250
|
-50
|
153
|
BOU-DD22-043
|
316571
|
3477125
|
1241
|
250
|
-50
|
150
|
BOU-DD22-044
|
316605
|
3477138
|
1240
|
250
|
-50
|
150
|
BOU-DD22-045
|
316639
|
3477150
|
1235
|
250
|
-50
|
150
|
BOU-DD22-046
|
316682
|
3477165
|
1235
|
250
|
-50
|
150
|
BOU-DD22-047
|
316721
|
3477180
|
1238
|
250
|
-50
|
196
|
BOU-DD22-048
|
316765
|
3477198
|
1248
|
250
|
-50
|
151
|
BOU-DD22-049
|
316804
|
3477211
|
1247
|
250
|
-50
|
147
|
BOU-DD22-050
|
316840
|
3477223
|
1235
|
250
|
-50
|
302
|
BOU-DD22-051
|
315485
|
3476713
|
1251
|
270
|
-50
|
77
|
BOU-DD22-052
|
315525
|
3476711
|
1247
|
270
|
-50
|
145
|
BOU-DD22-053
|
315363
|
3477107
|
1273
|
270
|
-50
|
100
|
BOU-DD22-054
|
315401
|
3477109
|
1265
|
270
|
-50
|
157
|
BOU-DD22-055
|
315563
|
3477571
|
1279
|
90
|
-50
|
104
|
BOU-DD22-056
|
315523
|
3477570
|
1269
|
90
|
-50
|
151
|
BOU-DD22-057
|
315626
|
3477841
|
1263
|
90
|
-50
|
78
|
BOU-DD22-058
|
315639
|
3477898
|
1276
|
90
|
-50
|
75
|
BOU-DD22-059
|
315607
|
3477898
|
1266
|
90
|
-50
|
135
|
BOU-DD22-060
|
315656
|
3477952
|
1281
|
90
|
-50
|
101
|
BOU-DD22-061
|
315619
|
3477955
|
1277
|
90
|
-50
|
152
|
BOU-DD22-062
|
316899
|
3477244
|
1218
|
250
|
-50
|
206
|
BOU-DD22-063
|
316966
|
3477266
|
1209
|
250
|
-50
|
179
|
BOU-DD22-064
|
317042
|
3477318
|
1204
|
250
|
-50
|
153
|
BOU-DD22-065
|
317115
|
3477322
|
1202
|
250
|
-50
|
155
|
BOU-DD22-066
|
317199
|
3477349
|
1199
|
250
|
-50
|
152
|
BOU-DD22-067
|
317292
|
3477422
|
1196
|
250
|
-50
|
225
|
BOU-DD22-068
|
316315
|
3474936
|
1296
|
315
|
-50
|
100
|
BOU-DD22-069
|
316346
|
3474904
|
1297
|
315
|
-50
|
154
|
BOU-DD22-070
|
316300
|
3475037
|
1285
|
135
|
-50
|
101
|
BOU-DD22-071
|
316272
|
3475061
|
1278
|
135
|
-50
|
195
|
BOU-DD22-072
|
317292
|
3474451
|
1293
|
70
|
-50
|
163
|
BOU-DD22-073
|
317259
|
3474442
|
1287
|
70
|
-50
|
152
|
BOU-DD22-074
|
317218
|
3474427
|
1280
|
70
|
-50
|
157
|
BOU-DD22-075
|
317188
|
3474414
|
1275
|
70
|
-50
|
155
|
BOU-DD22-076
|
317153
|
3474402
|
1271
|
70
|
-50
|
320
|
BOU-DD22-077
|
317116
|
3474387
|
1269
|
70
|
-50
|
582
|
BOU-DD22-078
|
317637
|
3476634
|
1201
|
250
|
-50
|
827
|
BOU-DD22-079
|
317091
|
3475590
|
1260
|
250
|
-50
|
159
|
BOU-DD22-080
|
317147
|
3475611
|
1256
|
250
|
-50
|
237
|
BOU-DD22-081
|
317202
|
3475631
|
1252
|
250
|
-50
|
383
|
BOU-DD22-082
|
317258
|
3475651
|
1250
|
250
|
-50
|
601
|
BOU-DD22-083
|
317318
|
3475673
|
1252
|
250
|
-50
|
218
|
BOU-DD22-084
|
317368
|
3475690
|
1239
|
250
|
-50
|
298
|
BOU-DD22-085
|
317427
|
3475712
|
1238
|
250
|
-50
|
155
|
BOU-DD22-086
|
317038
|
3475570
|
1266
|
250
|
-50
|
707
|
SOURCE Aya Gold & Silver
Inc