Aya Gold & Silver Inc. · TSX:AYA
Aya Gold & Silver — Investor Presentation (December 2020)
27 slides from Aya Gold & Silver's investor presentation, Dec 7, 2020
Slide 1: Building Africa's Next Precious Metals Mining Company
BUILDING AFRICA’S NEXT PRECIOUS METALS MINING COMPANY x
Slide 2: Forward Looking Statement
Certain statements and information contained in this presentation results to differ from those reflected in the forward-looking are “forward-looking information” within the meaning of applicable information, including, without limitation, the ability of the FORWARD securities laws. Such statements i
Slide 3: Our Board
Benoit La Salle, FCPA, CPA Nikolaos Sofronis OUR President & CEO, Director Over 25 years of experience as a corporate executive in Director Nikolaos Sofronis is founder of BS Family Office Assets the mining industry. Benoit founded, developed and led Management S.A Geneva, specialized in private equ
Slide 4: Portfolio of Assets Backstopped by Producing Zgounder Silver Mine
Portfolio of Assets Backstopped by Producing Zgounder Silver Mine • Zgounder is our flagship high-grade silver asset. Commercial production was declared in January 2019 with a nameplate capacity of 700 tpd • Current operation optimization in progress to bring production from 500,000 oz production to
Slide 5: Capitalization
CAPITALIZATION (1) Shares outstanding 92,181,714 Options (C$1.69/share) 6,195,000 • Strong balance sheet with C$42M cash and no debt Warrants (C$3.30/share) 6,244,048 • Tight capital structure with >55% of the shares controlled Broker warrants (C$2.10/share) 1,604,186 between management, insiders, a
Slide 6: Aya outperforming GDX and GDXJ since management change
Aya outperforming GDX and GDXJ since management change 250 225 • The stock has outperformed the GDXJ and the GDX by 85% and 100%, respectively, since the 200 AYA management change in April 2020 175 • Management is focused on: 150 GDXJ • Delivering value through drill programs and optimizing operatio
Slide 7: Morocco – Low Risk Jurisdiction
Morocco – Low Risk Jurisdiction Top Quartile Low-Risk Mining Jurisdictions Globally (by Perceived Risk) • Politically Stable: Constitutional monarchy • Excellent & Modern Transport & Power Infrastructure: Extensive national grid and road network • Abundance of Highly Skilled Workforce: Morocco is an
Slide 8: Zgounder Mine (Production)
Zgounder Mine (Production) • 85% Ownership (buy back option to 100% ownership once 8M oz Ag produced) • Commercial production declared in 2019 (452k oz Ag at $6.68/oz) • Ramping annual production up to 1M oz Ag and expanding to 4M oz Ag Boumadine (Development) • 85% Ownership • Metallurgical studies
Slide 9: Silver – Zgounder Millenium Silver Mine
Silver ZGOUNDER MILLENIUM SILVER MINE Ag x TSX | AYA 9
Slide 10: Morocco's second most important silver mine
• Morocco’s second most important silver mine after Managem’s Imiter Silver Mine – 275 km away along the South Atlas Fault Regional • Imiter Precambrian-Cambrian analog – volcano-sedimentary formations – Geology with a major clastic component intercalated with volcanics and an overlaying acid ignimb
Slide 11: High-Grade Intersections
High-Grade Intersections • Zgounder has some of the highest silver intersections globally, ranked by AgEq grade-thickness – see graph with top 30 drill intersections globally over the past year including: • 16m @ 1,750 g Ag • 8m @ 3,497 g Ag Source: • 20m @ 1,177 g Ag Desjardins Capital Markets, S&P
Slide 12: Strong Start to 2020 Program
1 2,376gpt over 13.2m 2 1,494gpt over 18.6m 3 3,464gpt over 8.0m 4 1,905gpt over 12.0m 5 5,270gpt over 4.0m 6 1,363gpt over 12.5m 7 4,874gpt over 3.0m 8 1,112gpt over 12.0m 9 915gpt over 14.0m 10 4,705gpt over 2.5m 2020 11 3,807gpt over 3.0m program 12 2,046gpt over 5.5m Strong Start to 2020 Program
Slide 13: Based on historical and 2019 drilling
Based on historical and 2019 drilling * Drill hole intercepts presented in the image above come from a collection of surface drilling results in which assays have been conducted at Afrilab and underground grade control drilling assay results that were conducted at the mine site at the Company’s labo
Slide 14: Drill hole intercepts note
* Drill hole intercepts presented in the image above come from a collection of surface drilling results in which assays have been conducted at Afrilab and underground grade control drilling assay results that were conducted at the mine site at the Corporation’s laboratory. No quality assurance or qu
Slide 15: Pacu Dasa Regional Exploration
PACU DASA REGIONAL EXPLORATION TSX | AYA
Slide 16: Total resource estimate at Zgounder Silver Mine
Total resource estimate at Zgounder Silver Mine In-pit resource estimate at Zgounder Silver Mine High grade underground resource estimate at Zgounder Silver Mine TSX | AYA 16
Slide 17: Historical drilling
Historical drilling • 3 zones were targeted: Central, East and West • A total of 5,385 meters were drilled on site in 2019 TSX | AYA 17
Slide 18: Mineralized Occurrence
Mineralized Occurrence • Mineralization occurs in the shale sandstone often near or in contact with rhyolite • Mineralization stops once the granite surface is reached TSX | AYA 18
Slide 19: Mineralized Occurrence
Mineralized Occurrence • Mineralization occurs in the shale sandstone often near or in contact with rhyolite • The immediate step-out drilling is already showing encouraging results • The east zone will be a primary focus of our new drilling program TSX | AYA 19
Slide 20: Following the Dolerite Dyke
Following the Dolerite Dyke • A total of 92,092 meters over 2,536 drill holes have been drilled on site to date • 3 zones have been targeted: Central, East and West • Gaps in geological interpretation are being filled • Continuation of the dolerite dyke to the east and west is being confirmed Fault
Slide 21: High Impact Drill Targets
High Impact Drill Targets Long section 420300 N • Drill targets from surface are designed to fill knowledge gaps • Drill targets within the mining area will allow inferred resources to be converted to M&I • Drill targets will focus on the eastern extension and deeper below the current mining area •
Slide 22: 15,000-Meter Drill Program
15,000-Meter Drill Program • Initial results confirm high-grade mineralization and continuity along strike and at depth • Results from 10 diamond drill holes include 6 from surface and 4 at depth: • 4,705 g/t Ag over 2.50m • 3,640 g/t Ag over 2.00m • 2,046 g/t Ag over 5.50m • 1,363 g/t Ag over 12.50
Slide 23: Boumadine Polymetallic Deposit
BOUMADINE POLYMETALLIC DEPOSIT Gold Silver Lead Zinc Au Ag Pb Zn 1.67 g/t 102 g/tt 1.03% 3% x TSX | AYA 23
Slide 24: Boumadine History, Location and Development Program
History • Previously mined as both open pit and underground from ~1950s-1992 Location & Access • ~240 km from Ouarzazate city accessible via dirt road Development Program • Metallurgical testing is ongoing • Drilling has been conducted on 3 zones of interest (Imariren, Centre, and North) • Resulting
Slide 25: Azegour
AZEGOUR Copper Molybdenum Tungsten Cu Mo W 3% 0,4% 0,35% WO3 x TSX | AYA 25
Slide 26: Historical Production (1926-1956)
Historical Production (1926-1956) • 1,331 t of MoS2; • 5,646 t of chalcopyrite – CuFeS2; • 27 t of scheelite – CaWO4; and • 1.55 t of U3O8 Historical Resources • 1M t @ 0.34 to 0.40% MoS2, • 100,000 t @ 1.90% Cu and • 2M t at 0.40 to 0.35% WO3 • Surface Historical Ore Pile • Mo 3.5% The estimates pr
Slide 27: Thank You
Thank You x 1320 Graham, suite 132 Ville Mont-Royal, QC H3P 3C8 Benoit La Salle: +1-514-951-4411 Alex Ball: +1-647-919-2227 www.ayagoldsilver.com info@ayagoldsilver.com AYA GOLD & SILVER – TSX | AYA
Aya Gold & Silver — Investor Presentation (December 2020) on 6ix