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Aya Gold & Silver Closes Deal to Consolidate 100% Interest in Zgounder
Aya Gold & Silver Closes Deal to Consolidate 100% Interest in Zgounder Aya Gold &am...
About this update from Aya Gold & Silver Inc.
[{"type":"text","content":"\n \n \n \n Aya Gold & Silver Closes Deal to Consolidate 100% Interest in 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 \n \n \n \n \n Aya Gold & Silver Closes Deal to Consolidate 100% Interest in Zgounder\n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n Dec. 14, 2022\n \n \n /CNW Telbec/ -\n \n \n Aya Gold\n \n & Silver Inc.\n \n (TSX: AYA) (OTCQX: AYASF) (\"Aya\" or the \"Corporation\") is pleased to announce that it has closed its deal with the National Office of Hydrocarbons and Mines (\"ONHYM\") to acquire the ONHYM's 15% interest in the Zgounder project and five adjacent permits to the Zgounder Silver Mine for a total consideration of\n \n 67 million dirhams\n \n (approximately\n \n US$6.5 million\n \n ). ONHYM will maintain its 3% royalty on the Zgounder property, and a 3% royalty is granted on production coming from the new permits. This transaction deepens Aya's collaboration with ONHYM, extending to other strategic initiatives including the review and evaluation of additional exploration ground in\n \n Morocco\n \n .\n \n \n \"This deal is terrific for all stakeholders and highlights our commitment to the country and our strong relationship with ONHYM and the government of\n \n Morocco\n \n ,\" said\n \n Benoit La Salle\n \n , President & CEO. \"We have acquired 100% ownership of the Zgounder project and purchased strategic, adjoining permits, consolidating our position around Zgounder.  This is a priority as we look for potential satellite deposits and additional mineralization within our new and existing regional permits.  We look forward to our continued strong partnership with ONHYM as we collaborate and generate value for all stakeholders on mining opportunities in the Kingdom of\n \n Morocco\n \n .\"\n \n \n \n About\n \n Aya Gold\n \n & Silver Inc.\n \n \n \n \n Aya Gold\n \n & Silver Inc. is a rapidly growing,\n \n Canada\n \n -based silver producer with operations in the Kingdom of\n \n Morocco\n \n .\n \n \n The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder...