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Aya Gold & Silver Announces Filing of NI 43-101 Technical Report on Zgounder


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MONTREAL, May 3, 2021 /CNW Telbec/ -
Aya Gold & Silver Inc. (TSX: AYA) ( Aya or the Corporation ) announced that it had filed on SEDAR an independent Technical Report (the Technical Report ) prepared in accordance with National Instrument 43-101 for the Zgounder Silver Mine in the Kingdom of Morocco.
The Technical Report titled Technical Report and Updated Mineral Resource Estimate Zgounder Silver Project, Kingdom of Morocco is dated April 30, 2021 and supports the disclosure made by the Corporation in its March 16, 2021 press release announcing a 340% increase in Measured and Indicated Mineral Resources at Zgounder. There are no differences between the Technical Report and the information disclosed in the March 16, 2021 news release. ....

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Aya Gold & Silver Acquires Secured Loan on Algold Resources


Azegour Project, Cu, Mo, W (1 mining permit, 1 exploration permit)
Amizmiz Project, Au (4 exploration permits)
 
The Corporation is finalising its budgets for the year 2021 and will communicate in the coming weeks the exploration budgets for its portfolio of assets and the production guidance for the Zgounder Silver Mine.
 
Highlights of Tijirit Project
Tijirit is a development-stage gold deposit located in northwestern Mauritania, approximately 275 kilometers north of the capital Nouakchott, 25 kilometers southeast of the Tasiast Gold Mine. TIREX SA, Algold’s local 75%-owned subsidiary, holds a 28-year mining permit comprising five zones over a 150 square-kilometer area.
Algold published an NI 43-101 preliminary economic assessment (“PEA”) with an effective date of March 9, 2018. For further details on the PEA, refer to Algold’s press release dated May 22, 2018. ....

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