Canadian mining company Aya Gold & Silver has announced new high-grade drilling results from its Boumadine silver-gold project in Morocco. The results are part of the company's ongoing infill drilling program, which aims to support further resource growth at Boumadine, located in Morocco's eastern region. The drilling results point to continued high-grade mineralization across the site's main trend.
Aya reported several significant intercepts along the 5.4-kilometer Boumadine Main Trend. One of the notable results includes a one-meter interval containing 1.90 g/t of gold, 2,477 g/t of silver, 3.4% zinc, and 3.2% lead. The company's President and CEO, Benoit La Salle, stated that the high-grade results demonstrate the continuity, width, and potential at Boumadine.
Aya has completed 406 diamond drill holes totaling 145,719 meters at Boumadine during 2026. The drilling has covered the Main Trend, Tizi, and Imariren zones. The company has completed 38.6% of its planned 360,000-meter infill drilling program, which will run through 2026 and 2027. The program aims to advance the project ahead of the updated Feasibility Study expected next year.
The Boumadine Main Trend currently extends over 5.4 kilometers, while the Tizi and Imariren zones extend over 2 kilometers and 1.2 kilometers, respectively. Aya plans to continue infill drilling over the next 15 months following its latest preliminary economic assessment. The company is aggressively advancing its 2026-2027 infill and expansion program.
The Boumadine project is part of Aya's broader expansion strategy in Morocco. The company is preparing a $500 million investment program through 2030, with plans to increase silver production and begin gold production in the country for the first time. Aya has already invested around $400 million in Morocco and is targeting its first gold production by 2029.
Aya holds an 85% stake in the Boumadine polymetallic project, while Morocco's National Office of Hydrocarbons and Mines (ONHYM) owns the remaining 15%. The company launched a study for the project in early 2026, covering engineering, metallurgy, infrastructure, environmental and social work, and other development requirements.
The company's drilling campaign at Boumadine has yielded positive results, with over 145,000 meters drilled year-to-date and 14 drills currently turning. Aya's aggressive drilling program is expected to support the updated Feasibility Study and inform future development decisions at the project.
Key points
- Aya Gold & Silver reports high-grade drilling results from its Boumadine project in Morocco.
- The company has completed 38.6% of its planned 360,000-meter infill drilling program.
- Aya plans to invest $500 million in Morocco through 2030 to increase silver production and begin gold production.
