Aya Gold & Silver Announces Significant Increase in Boumadine Mineral Resource Estimate

About this update from Aya Gold & Silver Inc.

[{"type":"text","content":"Aya Gold & Silver Announces Significant Increase in Boumadine Mineral Resource Estimate\n\n\n\n MONTREAL, Feb. 24, 2025 (GLOBE NEWSWIRE) --\n \n Aya Gold & Silver Inc.\n \n (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce an updated Mineral Resource Estimate (“MRE”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) at its Boumadine Project in the Kingdom of Morocco. The updated MRE contains an Inferred Mineral Resource of 29.2 million tonnes (“Mt”) at 82 grams per tonne (“g/t”) silver (“Ag”), 2.63 g/t gold (“Au”), 2.11% zinc (“Zn”) and 0.82% lead (“Pb”) containing an estimated 76.8 million ounces (“Moz”) of Ag,  2.4Moz of Au, 615 thousand tonnes (“kt”) of Zn and 237 kt of Pb and an Indicated Mineral Resource of 5.2Mt at 91 g/t Ag, 2.78 g/t Au, 2.8% Zn and 0.85% Pb containing an estimated 15.1 Moz of Ag, 449 kilo ounces (“koz”) of Au, 145 kt of Zn and 44 kt of Pb.\n \n\n\n Highlights\n \n\n\n\n\n Indicated Mineral Resources\n \n of 5.2Mt at 91 g/t Ag, 2.78 g/t Au, 2.8% Zn and 0.85% Pb containing an estimated 15.1 Moz of Ag, 449 koz of Au, 145 kt of Zn and 44 kt of Pb. Representing 74.4 Moz Silver equivalent (“AgEq”), an increase of 120%.\n \n\n\n\n Inferred Mineral Resources\n \n of 29.2 Mt at 82g/t Ag, 2.63 g/t Au, 2.11% Zn and 0.82% Pb containing an estimated 76.8 Moz of Ag, 2.4 Moz of Au, 615 kt of Zn and 237 kt of Pb. Representing 378Moz AgEq, an increase of 19%.\n \n\n\n\n 49% of the Inferred Mineral Resource\n \n is pit-constrained and reported above a cut-off net smelter royalty (“NSR”) value of $95/t, and 51% deemed for underground development NSR cut-off value of US$125/t.\n \n\n\n\n Additional mineral resource potential\n \n to expand the deposit in all directions for future mineral resource estimation. With a land package of 271.5 square kilometers (“km\n \n 2\n \n ”) in addition to a 600 km\n \n 2\n \n exploration authorization, new targets are being tested.\n \n\n\n\n “We are pleased to announce an updated Mineral Resource Estimate for Boumadine, marking a 120% increa...

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