Aya Gold & Silver Reports New Drill Results at Boumadine Project in Morocco
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
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Source: Newsfilter
- High-Grade Continuity Confirmed: The latest drilling at the Boumadine project revealed a significant intercept of 890 g/t AgEq over 51.5 meters in hole BOU-DD25-745, confirming strong continuity of high-grade mineralization, which is expected to drive resource growth and enhance project scale.
- Significant Drilling Progress: Aya has completed 69,209 meters of drilling to date, representing 20% of the planned 360,000 meters for the 2026-2027 program, indicating the company's aggressive advancement of the Boumadine infill and expansion plans, with an updated preliminary economic assessment expected mid-year.
- New Mineralized Structure Discovered: Hole BOU-DD25-745 intersected a new parallel mineralized structure 70 meters below the current resource pit shell, which has the potential to increase both resource estimates and the depth of the open pit, necessitating follow-up drilling to fully assess its potential.
- Future Development Strategy: Aya plans to continue infill drilling over the next 24 months, focusing on the Boumadine Main Trend, Imariren, and Tizi areas to extend known mineralization and support feasibility study efforts.
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About AYA
Aya Gold & Silver Inc. (Aya) is a Canada-based silver producer with operations in the Kingdom of Morocco. The Company operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault. The Zgounder Silver Mine is an underground silver mine located approximately 260 kilometers (km) east of Agadir in Morocco. The Zgounder mining permit covers over 16 square kilometers (km2). It owns 100% of Zgounder Millennium Silver Mine S.A (ZMSM), which owns the Zgounder property. The Company also owns 85% of the Boumadine polymetallic project and owns the permits related to the Azegour, Zgounder Regional, Tirzzit and Imiter bis properties. All of these properties are located in the Kingdom of Morocco. The Azegour mine is located at an altitude of 1,525 meters on the northern side of the Western High Atlas Mountains, 80 kilometers south-southwest (SSW) of Marrakech, Morocco.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Aya Gold & Silver Reports New Drill Results at Boumadine Project in Morocco
- High-Grade Continuity Confirmed: The latest drilling at the Boumadine project revealed a significant intercept of 890 g/t AgEq over 51.5 meters in hole BOU-DD25-745, confirming strong continuity of high-grade mineralization, which is expected to drive resource growth and enhance project scale.
- Significant Drilling Progress: Aya has completed 69,209 meters of drilling to date, representing 20% of the planned 360,000 meters for the 2026-2027 program, indicating the company's aggressive advancement of the Boumadine infill and expansion plans, with an updated preliminary economic assessment expected mid-year.
- New Mineralized Structure Discovered: Hole BOU-DD25-745 intersected a new parallel mineralized structure 70 meters below the current resource pit shell, which has the potential to increase both resource estimates and the depth of the open pit, necessitating follow-up drilling to fully assess its potential.
- Future Development Strategy: Aya plans to continue infill drilling over the next 24 months, focusing on the Boumadine Main Trend, Imariren, and Tizi areas to extend known mineralization and support feasibility study efforts.
See More
Aya Gold & Silver Reports Strong Q1 Earnings
- Significant Revenue Growth: Aya Gold & Silver reported Q1 revenue of $117.2 million, representing a staggering 246.7% year-over-year increase and a 56% quarter-over-quarter rise, primarily driven by increased sales volumes and higher average net realized prices for silver equivalent.
- Sales Volume Surge: The company sold 1.4 million ounces of silver equivalent in Q1, which significantly boosted revenue, indicating strong market demand and effective utilization of production capacity.
- Price Increases: The average net realized silver equivalent price reached $82.22 per ounce in Q1, up 158% year-over-year and 41% quarter-over-quarter, reflecting robust performance in the global silver market and the company's successful pricing strategy.
- Enhanced Profitability: With a GAAP EPS of $0.33, the company demonstrates effective management in cost control and sales growth, further bolstering investor confidence in its future growth potential.
See More
Aya Gold & Silver Begins Trading on Nasdaq
- Nasdaq Listing: Aya Gold & Silver officially commenced trading on Nasdaq on May 4, 2026, under the ticker symbol 'AYA', marking a significant milestone in the capital markets that is expected to greatly enhance its visibility among U.S. and international investors.
- Increased Market Visibility: With the transition to Nasdaq, Aya's common shares will no longer trade on OTCQX, which is anticipated to broaden its shareholder base and strengthen the company's competitive position in the global market, thereby supporting its future growth strategy.
- Financial Performance Release: The company plans to release its first-quarter financial results on May 14, 2026, and will host a conference call at 10 a.m. ET on the same day to discuss financial and operational results, further enhancing communication with investors.
- Resource Development Potential: Aya's silver operations in Morocco leverage renewable energy and robust infrastructure, showcasing strong resource development potential, as the company continues to advance the feasibility study for the Boumadine polymetallic project, further expanding its mineral resource base.
See More
Aya Gold & Silver Reports New Drill Results at Boumadine Project in Morocco
- High-Grade Continuity Confirmed: The latest drilling at the Boumadine project revealed a significant intercept of 890 g/t AgEq over 51.5 meters in hole BOU-DD25-745, confirming strong continuity of high-grade mineralization, which is expected to drive resource growth and enhance project scale.
- Significant Drilling Progress: Aya has completed 69,209 meters of drilling to date, representing 20% of the planned 360,000 meters for the 2026-2027 program, indicating the company's aggressive advancement of the Boumadine infill and expansion plans, with an updated preliminary economic assessment expected mid-year.
- New Mineralized Structure Discovered: Hole BOU-DD25-745 intersected a new parallel mineralized structure 70 meters below the current resource pit shell, which has the potential to increase both resource estimates and the depth of the open pit, necessitating follow-up drilling to fully assess its potential.
- Future Development Strategy: Aya plans to continue infill drilling over the next 24 months, focusing on the Boumadine Main Trend, Imariren, and Tizi areas to extend known mineralization and support feasibility study efforts.
See More
Aya Gold & Silver Reports Strong Q1 Earnings
- Significant Revenue Growth: Aya Gold & Silver reported Q1 revenue of $117.2 million, representing a staggering 246.7% year-over-year increase and a 56% quarter-over-quarter rise, primarily driven by increased sales volumes and higher average net realized prices for silver equivalent.
- Sales Volume Surge: The company sold 1.4 million ounces of silver equivalent in Q1, which significantly boosted revenue, indicating strong market demand and effective utilization of production capacity.
- Price Increases: The average net realized silver equivalent price reached $82.22 per ounce in Q1, up 158% year-over-year and 41% quarter-over-quarter, reflecting robust performance in the global silver market and the company's successful pricing strategy.
- Enhanced Profitability: With a GAAP EPS of $0.33, the company demonstrates effective management in cost control and sales growth, further bolstering investor confidence in its future growth potential.
See More
Aya Gold & Silver Begins Trading on Nasdaq
- Nasdaq Listing: Aya Gold & Silver officially commenced trading on Nasdaq on May 4, 2026, under the ticker symbol 'AYA', marking a significant milestone in the capital markets that is expected to greatly enhance its visibility among U.S. and international investors.
- Increased Market Visibility: With the transition to Nasdaq, Aya's common shares will no longer trade on OTCQX, which is anticipated to broaden its shareholder base and strengthen the company's competitive position in the global market, thereby supporting its future growth strategy.
- Financial Performance Release: The company plans to release its first-quarter financial results on May 14, 2026, and will host a conference call at 10 a.m. ET on the same day to discuss financial and operational results, further enhancing communication with investors.
- Resource Development Potential: Aya's silver operations in Morocco leverage renewable energy and robust infrastructure, showcasing strong resource development potential, as the company continues to advance the feasibility study for the Boumadine polymetallic project, further expanding its mineral resource base.
See More
