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Rabat – Aya Gold & Silver announced on Monday that exploratory drilling has uncovered what could be a new gold zone in Morocco, adding momentum to the company’s ongoing projects in the country.
The discovery was made at Asirem, a site lying west of the Boumadine corridor, which Aya described as a “promising new target.”
According to preliminary results, mineralization extends across an eight-kilometer strike, with samples returning grades as high as 12.2 grams per ton of gold and 4.1% copper.
The Canadian firm also announced encouraging results from its drilling programs at Boumadine and Tizi.
The two areas show evidence of continuous mineralization, reinforcing the company’s decision to expand its exploration licenses to 339 square kilometers in total.
Aya said that over 100,000 meters of drilling have already been completed at Boumadine in 2025.
The company expects to publish a preliminary economic assessment before year’s end, an early-stage study designed to assess whether the project can move forward to development.
With gold and copper demand running high worldwide, Aya’s latest results position Morocco as an increasingly important part of its strategy, while also reflecting the country’s growing role in international mining exploration.
Aya Gold & Silver, a Canadian silver producer operating in Morocco, stands as the only pure-play silver mining company listed on the TSX. Its market value has risen from CAD 948 million (MAD 7.2 billion) in 2021 to CAD 1.7 billion (MAD 12.9 billion) in 2025, reflecting growth of nearly 79%.
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