Aya Gold & Silver Inc. Announces Acquisition of a 139 km² Copper‑Silver Portfolio in Morocco

Aya Gold & Silver Inc. (TSX: AYA; NASDAQ: AYA), a mineral exploration and development company focused on Moroccan assets, entered into a definitive agreement to acquire a 139 square‑kilometre portfolio of exploration permits, including a 19 km² mining licence, in Morocco’s Zgounder district.

Transaction Details

  • Purchase price: $4 million CAD.
  • Asset description: The portfolio comprises exploration permits covering approximately 139 km², situated roughly 35 km west of Aya’s existing Zgounder Silver Mine. The acquisition adds a 19 km² mining licence that will allow the Company to pursue full‑scale exploration and potential development of the copper‑silver (Cu‑Ag) system.

Strategic Rationale

  • Land consolidation: The purchase extends Aya’s land position surrounding the Zgounder district, reinforcing the company’s strategic focus on this high‑grade district.
  • Exploration potential: Historical trenching and surface sampling within the portfolio have returned encouraging grades – 0.65 % copper (Cu) and 33 g t⁻¹ silver (Ag) over 15 m, with surface grab samples reaching up to 837 g t⁻¹ Ag and 4.6 % Cu.
  • Mineralisation diversity: The area exhibits multiple mineralisation styles, including sediment‑hosted stratiform Cu, structurally controlled vein‑ and shear‑hosted Cu‑Ag, and associated alteration zones.
  • Access and infrastructure: Existing road access, approximately 20 km in total, derives from historical manganese workings, facilitating future exploration activities.

Exploration Outlook

Aya plans to conduct a comprehensive field program to verify the historical data and to delineate the extent of the principal Cu‑Ag horizon, which has been confirmed over a 2 km stretch by a recent field visit. The Company anticipates that the portfolio’s untested upside could reveal a larger mineralised system, supported by historical workings and copper occurrences in the district.

Market Context

The acquisition comes amid heightened investor interest in gold and silver equities, as noted in recent market commentary. Aya’s focus on high‑grade Moroccan projects aligns with this trend, potentially enhancing the company’s attractiveness to investors seeking exposure to precious‑metal exploration assets.

Company Background

Aya Gold & Silver Inc. is a Toronto‑listed mineral exploration and development company. Its primary operations centre on the acquisition, exploration, and evaluation of mineral properties in Morocco. As of 1 September 2026, the company’s stock closed at CAD 39.22, with a 52‑week high of CAD 41.98 and a 52‑week low of CAD 11.95. The market capitalisation stands at CAD 5.55 billion, and the price‑to‑earnings ratio is 36.8.

The acquisition of the Cu‑Ag portfolio represents a strategic step toward expanding Aya’s asset base and unlocking further exploration potential within its core Moroccan district.