Aya Gold & Silver acquires Morocco exploration portfolio for MAD 10 million
Reuters2026/08/06 11:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Aya Gold & Silver acquired a Morocco exploration portfolio spanning three mining licenses, 18 exploration permits, 259.1 sq km.
- Purchase price MAD 10 million, paid in cash with assumed debt.
- Deal includes milestone payments tied to future resource and development targets.
- Sellers also receive a 2% net smelter return royalty on any future commercial production, with repurchase rights under set conditions.
- Aya plans a phased greenfield program over 18-24 months to prioritize targets before potential geophysics or drilling.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aya Gold & Silver Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.
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