Canadian mining company Aya Gold & Silver has recently announced the discovery of high-grade exploration results in Boumadine, located in the Draâ-Tafilaltet region. In addition to these findings, the company has acquired four new exploration permits in the same area. The newly obtained permits now cover a total area of 78 km².
The latest exploration results confirm the presence of extensive high-grade mineralization in the central and northern parts of the main corridor, which remains open in all directions. Aya Gold & Silver sees the acquisition of these additional permits as a strategic move to consolidate their land position. The newly acquired permits offer increased potential adjacent to the main corridor of Boumadine.
Benoît La Salle, President, and CEO of Aya Gold & Silver, stated that the high-grade drilling results, particularly from BOU-DD23-180 and BOU-DD23-184, confirm both the continuity of the main corridor and its potential across a vast surface area. With positive metallurgical test results, the company is now focusing on completing the remaining 20% of the expanded drilling program. The estimation of Boumadine’s resources is projected to be delivered in the first quarter of 2024.
Aya Gold & Silver’s ongoing exploration efforts in Boumadine highlight the company’s commitment to expanding its mining operations and tapping into the area’s rich mineral resources. These new permits not only reflect the potential for future growth but also demonstrate the company’s dedication to sustainable mining practices.
1. What is Aya Gold & Silver?
Aya Gold & Silver is a Canadian mining company that focuses on exploring and developing precious metal deposits.
2. Where is Boumadine located?
Boumadine is located in the Draâ-Tafilaltet region of Morocco.
3. What are exploration permits?
Exploration permits are licenses granted to mining companies, allowing them to conduct exploration activities in specific areas to assess the presence of mineral resources.