Aya Gold & Silver Reports High-Grade Exploration Results at Boumadine, Extends Imariren Zone to 0.7km and Adds 4 New Regional Permits
PRESS RELEASE
Aya Gold & Silver Reports High-Grade Exploration Results at
Boumadine, Extends Imariren Zone to 0.7km and Adds 4 New
Regional Permits
Montreal, Quebec, June 5, 2025 - Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the
“Corporation”) is pleased to announce new high-grade drill exploration results from its 2024 - 2025
program at Boumadine in the Kingdom of Morocco. Today's results extend the Imariren mineralized
trend by 400 meters (“m”), confirming high-grade continuity along the Boumadine Main Trend. In
addition, Aya is pleased to announce the addition of four (4) new permits to the west, expanding the
Boumadine exploration footprint by 15.7% to over 314.5 square kilometers (“km2”).
Highlights1
• High-Grade Intercepts on the Boumadine Main Trend:
• BOU-DD25-516 intercepted 5,373 grams per tonne (“g/t”) silver equivalent (“AgEq”) over
0.5m (66.7 g/t gold (“Au”), 111 g/t silver (“Ag”), 1.6% zinc (“Zn”), 1.0% lead (“Pb”) and
0.1% copper (“Cu”) and 114 g/t AgEq over 9.0m (1.24 g/t Au, 6 g/t Ag, 0.2% Zn, 0.1% Pb and
0.1% Cu)
• BOU-DD25-513 intercepted 591 g/t AgEq over 1.8m (5.19 g/t Au, 118 g/t Ag, 1.0% Zn,
0.2% Pb and 0.5% Cu) and 698 g/t AgEq over 2.9m (5.52 g/t Au, 109 g/t Ag, 5.2% Zn, 0.2%
Pb and 0.3% Cu)
• BOU-DD24-465 intercepted 199 g/t AgEq over 10.6m (0.48 g/t Au, 81 g/t Ag, 2.0% Zn,
1.3% Pb and 0.02% Cu)
• High-Grade Intercepts on the Tizi Zone:
• BOU-DD24-478 intercepted 460 g/t AgEq over 3.3m (4.61 g/t Au, 75 g/t Ag, 0.5% Zn,
0.1% Pb and 0.1% Cu)
• BOU-DD24-474 intercepted 302 g/t AgEq over 4.0m (2.38 g/t Au, 37 g/t Ag, 2.5% Zn,
0.6% Pb and 0.1% Cu)
• Extension of the Imariren Strike Length to 0.7km:
• BOU-DD25-509 intercepted 296 g/t AgEq over 9.3m (2.18 g/t Au, 62 g/t Ag, 1.5% Zn,
0.7% Pb and 0.1% Cu), including 1.6m at 897 g/t AgEq
• BOU-DD25-504 intercepted 349 g/t AgEq over 6.6m (3.69 g/t Au, 46 g/t Ag, 0.3% Zn,
0.2% Pb and 0.05% Cu), including 1.2m at 851 g/t AgEq
• BOU-DD25-511 intercepted 449 g/t AgEq over 4.9m (1.95 g/t Au, 270 g/t Ag, 0.6% Zn,
0.1% Pb and 0.1% Cu)
• Acquired one (1) mining licence and three (3) exploration permits
totaling 42.9 km2 in the Boumadine area (Figure 3).
• Completed 72,044m of drilling at Boumadine so far in 2025.
1. All intersections are in core lengths. Ag equivalent is based on a silver price of US$24/oz with a process recovery of 89%, a gold
price of US$2,200/oz with a process recovery of 85%, a zinc price of US$1.20/lb with a process recovery of 72%, a lead pri ce of
US$1.00/lb with a process recovery of 85%, and a copper price of US$4.00/lb with a process recovery of 75% resulting in the
following ratios: 1g/t Au: 77.9 g/t Ag; 1% Cu: 85.4 g/t Ag; 1% Pb: 24.2 g/t Ag; and 1% Zn: 24.6 g/t Ag.
Today’s high-grade drill exploration results highlight the scale and continuity of Boumadine and mark
a significant step in unlocking its full potential,” said Benoit La Salle, President & CEO. “High-grade
holes BOU-DD25-513 and BOU-DD25-516 confirm strong continuity of the Boumadine Main Trend at
depth—this is the backbone of the deposit and will form the foundation of our upcoming PEA. Drilling
continues to expand the footprint, with extensions to the north at Imariren and new intercepts at depth
on the parallel Tizi structure. Boumadine continues to demonstrate the potential to become a large-
scale, high-grade deposit with mineralization open in all directions. With four new permits secured, a
consolidated 314 km² land package, and exploration rights over 600 km², we are in a strong position
to continue creating value.”
Table 1 – Significant Intercepts from Boumadine Drill Exploration Program (Core Lengths)
DDH No. Section Zone
From To Au Ag Length* Cu Pb Zn Mo Ag
Eq**
(m) (m) (g/t) (g/t) (m) (%) (%) (%) (g/t) (g/t)
BOU-DD24-387 5000N Boumadine 378.3 381.0 0.37 297 2.7 0.0 3.7 3.2 74 497
BOU-DD24-442 6425N Boumadine 173.7 178.3 0.20 73 4.6 0.1 1.3 4.9 178 248
BOU-DD24-442 6425N Boumadine 205.0 212.4 0.69 33 7.4 0.0 0.5 0.8 289 126
BOU-DD24-453 7025N Boumadine 164.4 169.6 2.68 38 5.2 0.2 0.2 0.7 12 284
Including 164.4 168.1 3.44 45 3.7 0.2 0.1 0.2 14 341
BOU-DD24-465 9050N Boumadine 128.8 139.4 0.48 81 10.6 0.0 1.3 2.0 9 199
BOU-DD24-472 3477600 Tizi 125.8 128.7 3.78 29 2.9 0.1 0.7 1.8 17 394
BOU-DD24-473 10250N Boumadine 282.7 288.1 1.48 54 5.4 0.1 1.1 1.7 6 243
BOU-DD24-474 3477600 Tizi 48.0 52.0 2.38 37 4.0 0.0 0.6 2.5 56 302
BOU-DD24-475 10250N Boumadine 359.2 369.3 0.94 50 10.1 0.1 1.0 1.4 6 189
BOU-DD24-475 10250N Boumadine 405.4 407.1 5.62 257 1.7 0.4 0.3 3.5 6 820
BOU-DD24-478 3477600 Tizi 459.4 462.7 4.61 75 3.3 0.1 0.1 0.5 11 460
BOU-DD24-486 3477600 Imariren 350.5 352.2 4.81 143 1.7 0.3 0.1 0.2 7 549
BOU-DD24-487 9050N Boumadine 483.1 486.5 3.36 225 3.4 0.1 0.1 0.0 2 502
BOU-MP24-015 3478300 East-West 475.0 476.6 0.05 774 1.6 0.1 0.1 0.1 4 788
BOU-DD25-493 9050N Boumadine 423.0 431.0 1.19 16 8.0 0.0 0.2 1.1 3 142
BOU-DD25-497 9850N Imariren 184.6 190.8 1.93 18 6.2 0.1 0.1 0.9 3 201
BOU-DD25-501 9850N Imariren 93.0 99.0 1.73 48 6.0 0.1 0.2 0.5 16 210
Including 93.6 96.0 3.78 93 2.4 0.2 0.1 0.2 15 413
BOU-DD25-501 9850N Imariren 192.5 200.1 1.68 7 7.6 0.1 0.0 0.0 6 146
BOU-DD25-502 9250N Boumadine 161.5 169.3 0.99 26 7.8 0.1 0.4 3.0 17 191
Including 161.5 162.7 3.06 95 1.2 0.3 1.5 15.1 10 763
BOU-DD25-504 10050N Imariren 141.0 147.6 3.69 46 6.6 0.1 0.2 0.3 3 349
Including 141.0 142.2 10.34 37 1.2 0.0 0.1 0.1 3 851
BOU-DD25-506 9850N Boumadine 297.3 302.3 3.19 48 5.0 0.1 0.1 0.1 2 312
Including 297.3 299.5 4.45 50 2.2 0.1 0.0 0.1 2 413
BOU-DD25-507 9850N Boumadine 487.0 493.2 1.74 13 6.2 0.1 0.0 0.0 2 156
BOU-DD25-508 10050N Imariren 227.0 228.6 4.98 143 1.6 0.3 0.2 2.5 3 619
BOU-DD25-509 10050N Imariren 282.1 291.4 2.18 62 9.3 0.1 0.7 1.5 2 296
Including 289.8 291.4 7.16 215 1.6 0.5 0.2 3.2 3 897
BOU-DD25-511 10050N Imariren 311.1 316.0 1.95 270 4.9 0.1 0.1 0.6 8 449
BOU-DD25-512 10050N Imariren 338.0 339.0 15.86 1 1.0 0.0 0.1 0.3 4 1247
BOU-DD25-513 9850N Boumadine 365.3 367.1 5.19 118 1.8 0.5 0.2 1.0 2 591
BOU-DD25-513 9850N Boumadine 374.8 377.7 5.52 109 2.9 0.3 0.2 5.2 4 698
BOU-DD25-516 9050N Boumadine 498.0 507.0 1.24 6 9.0 0.1 0.1 0.2 2 114
BOU-DD25-516 9050N Boumadine 648.5 649.0 66.66 111 0.5 0.1 1.0 1.6 6 5373
* True width remains undetermined at this stage; all values are uncut.
** Ag equivalent is based on a silver price of US$24/oz with a process recovery of 89%, a gold price of US$2,200/oz with a process
recovery of 85%, a zinc price of US$1.20/lb with a process recovery of 72%, a lead price of US$1.00/lb with a process recover y of
85%, and a copper price of US$4.00/lb with a process recovery of 75% resulting in the following ratios: 1g/t Au: 77.9 g/t Ag; 1% Cu:
85.4 g/t Ag; 1% Pb: 24.2 g/t Ag; and 1% Zn: 24.6 g/t Ag
Figure 1 - Boumadine Mining Licence Surface Plan with Magnetic Data (Residual Total Field) and
2025 Drill Holes
Figure 2 - Boumadine Property Surface Plan with 2025 Drill Holes
2025 Exploration Results
This year, 140 diamond drill holes (“DDH”), 31 reverse circulation holes (“RC”) and 11 multi-purpose drill
holes (“MP”) totaling 72,044m have been completed at Boumadine (Figure 1, Figure 2 and Appendix 2).
Drilling was conducted on strike along the Main Trend (North Zones), Tizi, Imariren as well as on some
regional targets. The majority of results have been received for drill holes up to BOU -DD25-530 (Table
1, Figure 3, and Appendix 1).
Results received so far in 2025, including hole BOU -DD24-465, BOU -DD25-513 and BOU -DD25-516,
confirm the high -grade continuity of the Main Trend , which remains open in all directions. Today’s
results, with BOU -DD25-504, BOU -DD25-509 and BOU -DD25-511, also confirm the continuity of the
Imariren Zone and extend Tizi mineralization to 0.7km. The Imariren Zone also remains open in all
directions.
Hole BOU-MP24-015 returned high-grade silver results including 774 g/t Ag over 1.6m in an east-west
structure.
The main mineralization generally measures 1m to 4m wide (locally reaching over a 10m width) N340-
oriented massive sulphide lenses/veins sharply dipping eastward (> 70°). The massive sulphide veins
(>80%) are mainly composed of pyrite, with variable proportions of sphalerite, galena, and chalcopyrite.
Tizi and Imariren share the same characteristics except for their N000 orientation.
Figures 4 shows the newly acquired permits expanding the Boumadine exploration footprint by 15.7%
to over 314.5 km2.
Figure 3 – Surface Plan of Boumadine North, Imariren and Tizi Zones with New DDH Results
Figure 4 – Surface Map of Boumadine Property with Apparent Conductivity at 175Hz and New Permits
Next Steps
Significant upside potential exists to expand the Boumadine Main Trend, which currently extends 5.4km
and remains open in all directions. Currently, the Corporation has mobilized 6 drill rigs to complete the
100,000m to 140,000m drilling program. Half of the drilling will focus along the Main Trend and Tizi to
continue extending the known mineralization trend along strike and at depth and to infill known areas
advancing the project towards a preliminary economic assessment . The remaining 50% will focus on
greenfield exploration designed to test geological hypotheses and drill targets generated from the past
three years of work. The results from ongoing geology work will determine additional development work.
Technical Information
Aya has implemented a quality control program to comply with best practices in sampling and analysis
of drill core and RC chips. For core drilling, all individual samples represent approximately one meter in
length of core, which is halved. Half of the core is kept on site for reference, and its counterpart is sent
for preparation and assaying to African Laboratory for Mining and Environment (“Afrilab”) in Marrakech,
Morocco. For drilling using RC, all individual samples represent 1.0m in length and a representative
portion is kept for every meter in some chip trays stored on site. A split sample representing 1/16th,
ranging from 2 to 4 kilograms is sent for preparation and assaying to African Laboratory for Mining and
Environment (“Afrilab”) in Marrakech, Morocco.
All samples are analyzed for silver, copper, iron, lead, zinc, tin, and molybdenum using Aqua regia and
finished by atomic absorption spectroscopy (“AAS”). Samples grading above 200 g/t Ag are reanalyzed
using fire assaying. Gold is assayed by fire assaying. Standards of different grades and blanks were
inserted every 20 samples in addition to the standards, blanks and pulp duplicate inserted by Afrilab.
Qualified Person
The scientific and technical information contained in this press release have been reviewed by David
Lalonde, B. Sc, Vice-President Exploration, Qualified Person, for accuracy and compliance with National
Instrument 43-101.
About Aya Gold & Silver Inc.
Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer with operations in the Kingdom
of Morocco.
The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine and
is exploring its properties along the prospective South -Atlas Fault, several of which have hosted past -
producing mines and historical resources.
Aya’s management team maximizes shareholder value by anchoring sustainability at the heart of its
production, resource, governance, and financial growth plans.
For additional information, please visit Aya’s website at www.ayagoldsilver.com or contact:
Benoit La Salle, FCPA, MBA
President & CEO
Alex Ball
VP, Corporate Development & IR
Forward-Looking Statements
This press release contains certain statements that constitute forward -looking information within the
meaning of applicable securities laws (“forward -looking statements”), which reflects management's
expectations regarding Aya’s future growth and business prospects (including the timing and
development of new deposits and the success of exploration activities) and other opportunities.
Wherever possible, words such as “continuity”, “confirm”, “continue”, “potential”, ‘advance”, “targets”,
“confirming”, “pote ntial”, “advancing”, “expand”, “belief”, and similar expressions or statements that
certain actions, events or results “may”, “could”, “would”, “might”, “will”, or are “likely” to be taken, occur
or be achieved, have been used to identify such forward-looking information. Specific forward-looking
statements in this press release include, but are not limited to, statements and information with respect
to the exploration and development potential of Boumadine and the advancement of and success of
the explora tion program at Boumadine, and timing for the release of the Company's disclosure in
connection with the foregoing. Although the forward-looking information contained in this press release
reflect management's current beliefs based upon information current ly available to management and
based upon what management believes to be reasonable assumptions, Aya cannot be certain that
actual results will be consistent with such forward -looking information. Such forward -looking
statements are based upon assumptions, opinions and analysis made by management in light of its
experience, current conditions, and its expectations of future developments that management believe
to be reasonable and relevant but that may prove to be incorrect. These assumptions include, among
other things, the ability to obtain any requisite governmental approvals, the accuracy of Mineral Reserve
and Mineral Resource Estimates (including, but not limited to, ore tonnage and ore grade estimates),
silver price, exchange rates, fuel and energy co sts, future economic conditions, anticipated future
estimates of free cash flow, and courses of action. Aya cautions you not to place undue reliance upon
any such forward-looking statements.
The risks and uncertainties that may affect forward -looking statements include, among others: the
inherent risks involved in exploration and development of mineral properties, including government
approvals and permitting, changes in economic conditions, changes in the worldwide price of silver and
other key inputs, changes in mine plans (including, but not limited to, throughput and recoveries being
affected by metallurgical characteristics) and other factors, such as project execution delays, many of
which are beyond the control of Aya, as well as other risks and uncertainties which are more fully
described in Aya's 2024 Annual Information Form dated March 31, 2025, and in other filings of Aya with
securities and regulatory authorities which are available on SEDAR+ at www.sedarplus.ca. Aya does not
undertake any obligation to update forward -looking statements should assumptions related to these
plans, estimates, projections, beliefs, and opinions change. Nothing in this document should be
construed as either an offer to sell or a solic itation to buy or sell Aya securities. All references to Aya
include its subsidiaries unless the context requires otherwise.