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Aya Gold & Silver Acquires Historical Tirzzit Copper Mine Adds Seven Prospective Copper-Silver Permits in Tirzzit District Near Zgounder
Aya Gold & Silver Acquires Historical Tirzzit Copper Mine Adds Seven Prospective Copper-Silve...
About this update from Aya Gold & Silver Inc.
[{"type":"text","content":"\n \n \n \n Aya Gold & Silver Acquires Historical Tirzzit Copper Mine Adds Seven Prospective Copper-Silver Permits in Tirzzit District Near Zgounder\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n Aya Gold & Silver Acquires Historical Tirzzit Copper Mine Adds Seven Prospective Copper-Silver Permits in Tirzzit District Near Zgounder\n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n June 29, 2023\n \n \n /CNW/ -\n \n \n Aya Gold\n \n & Silver Inc.\n \n (TSX: AYA) (OTCQX: AYASF) (\"Aya\" or the \"Corporation\") is pleased to announce it has acquired the Tirzzit Project (\"Tirzzit\"), a collection of seven permits located 25 kilometers from the Zgounder Silver Mine in the Kingdom of\n \n Morocco\n \n . This acquisition adds a historical mine with a significant amount of proprietary data as well as a prolific land package with tremendous potential.\n \n \n \n Transaction Highlights\n \n \n \n On close of the Tirzzit acquisition,\n \n \n \n Aya will control 100% of Tirzzit in\n \n Morocco\n \n \n \n Aya is paying a total consideration of approximately\n \n US$4.9 million\n \n \n 1\n \n including\n \n US$800,000\n \n in cash as well as 622,728 Aya shares\n \n \n Aya acquires the following:\n \n \n \n Seven permits, comprising five exploration permits and two mining licenses, one of which hosts a high-grade historical copper (\"Cu\") mine\n \n \n Historical data including drill results and geophysics, which Aya will use to launch fieldwork to enhance its understanding of Tirzzit\n \n \n A property totaling 67.7 square kilometers (\"km\")\n \n \n \n \n The transaction remains subject to final TSX approval and regulatory approval in the Kingdom of\n \n Morocco\n \n . The Aya shares issued pursuant to the transaction ar...