Aya Gold & Silver Acquires Moroccan Exploration Portfolio

Aya Gold & Silver Inc. acquired a strategic exploration portfolio in Morocco for MAD 10 million, using a combination of cash and debt assumption. The purchase includes three mining licenses and 18 exploration permits covering approximately 259 square kilometers across the Zagora, Agadir-Melloul, and Goulmim projects. These sites are prospective for gold, silver, copper, nickel, cobalt, and rare earth elements.

This transaction increases the company's total land package in Morocco from 732 square kilometers to more than 991 square kilometers. The agreement includes milestone payments and a 2 percent net smelter return royalty for the sellers.

Over the next 18 to 24 months, the company will implement a phased greenfield exploration program. This initiative will utilize geochemistry, hyperspectral studies, mapping, and prospecting to evaluate the discovery potential of the newly acquired assets.