Aya Gold & Silver Acquires Moroccan Exploration Portfolio with Lead-Zinc Potential at Zagora

Published: Aug 11, 2026 09:12

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Aya Gold & Silver has acquired a Moroccan exploration portfolio for Dh10 million (US$1.06 million), comprising cash and assumed debt. The portfolio covers three mining licences and 18 exploration permits across 259km², including the Zagora, Agadir-Melloul and Goulmim projects; certain Moroccan administrative processes related to the acquisition remain pending. Aya said its Moroccan land package has expanded from about 732km² to more than 991km² in 2026, an increase of 35.4%.

The 158.6km² Zagora project comprises 11 exploration permits and is considered prospective for cobalt, gold, lead, nickel, silver and zinc. The 32km² Goulmim project is prospective for lead, silver, copper and gold. Aya plans an 18–24-month greenfield exploration programme involving stream-sediment geochemistry, hyperspectral studies, mapping and prospecting, with geophysics and drilling subject to the initial results. The agreement also includes exploration-success milestone payments and a 2% net smelter return royalty, which Aya may repurchase under specified conditions.

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