Aya Gold & Silver Achieves Capacity Milestone at Zgounder Mine
Aya Gold & Silver Achieves Capacity Milestone at Zgounder Mine
Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) is thrilled to announce an exciting development: it has not only reached but also exceeded the nameplate milling capacity at its fully owned Zgounder Mine in Morocco. This remarkable achievement underscores the company’s commitment to operational efficiency and growth.
Milestone in Processing Operations
The new processing plant commenced its operations on November 4, following which the first silver pour was successfully completed on November 27. Remarkably, Aya reached commercial production by December 29, marking less than two months from the initial ore processing date.
Impressive Processing Rates
Over a consecutive 30-day period that ended on January 20, the plant processed a staggering 65,990 tonnes of ore, averaging 2,200 tonnes per day. This performance was equivalent to 110% of the plant's nameplate capacity, highlighting an average processing rate of 96 tonnes per hour with an impressive availability rate of 96%. Silver recovery during this period was 85%.
Recent Enhancements Fuel Production
Between January 11 and January 20, the mill saw increased throughput averaging 2,239 tonnes per day, with mill availability at an astounding 98% and silver recovery reaching 89%. The continuous improvements were facilitated as processing parameters were fine-tuned and the grades fed into the plant saw an uptick.
Integration of Processing Operations
As of January 18, a significant development occurred with the successful integration of the flotation plant slurry into the new plant’s leaching circuit. This strategic move has allowed the combined processing rate of both plants to average over 2,900 tonnes per day while achieving a recovery rate exceeding 90%. By exclusively producing silver doré, the operation has eliminated the need for a mix of silver concentrate and doré, thus enhancing the overall payable value of the silver produced.
Future Goals and Sustained Performance
Aya’s aim in the upcoming months is to stabilize the combined processing capacity at Zgounder beyond 3,000 tonnes per day while maintaining or surpassing the recovery rate of 89% outlined in their feasibility study. To achieve these targets, the team is focused on continuous improvement and operational excellence.
Expertise Driving Success
Soutex, a renowned Canadian consulting firm with expertise in mineral processing, recently conducted a study that pinpoints the Zgounder plant as one of the fastest to ramp up to nameplate capacity. This impressive benchmark demonstrates the technological and operational robustness of the facility.
"I am proud to announce the ramp-up of the new plant at Aya’s expanded Zgounder mine, where we are now operating above nameplate capacity just weeks after achieving commercial production,” said Benoit La Salle, President & CEO of Aya Gold & Silver. He emphasized the exceptional expertise and dedication of the team as pivotal to the strong operational performance expected in 2025.
About Aya Gold & Silver Inc.
Aya Gold & Silver operates as a prominent silver producer, headquartered in Canada and chiefly known for its operations in Morocco. The company stands out as the only TSX-listed pure silver mining entity. Aya oversees the high-grade Zgounder Silver Mine and continues to explore various properties along the highly prospective South-Atlas Fault, many of which have historical production records.
Complementing its mining assets in Morocco is the Tijirit Gold Project located in Mauritania, which is set to undergo development through a partnership with Mx2 Mining, following the announcement made in September.
The focus of Aya’s management team is sharply directed towards maximizing shareholder value, underpinned by a sustainable approach that influences their operations, governance, and financial strategies.
Frequently Asked Questions
What is the significance of the Zgounder Mine for Aya Gold & Silver?
The Zgounder Mine is significant as it represents a major asset for Aya Gold & Silver, being its primary source of silver production and showcasing the company's operational capabilities.
How does surpassed milling capacity affect production?
Surpassing milling capacity boosts overall production efficiency and profitability, as evidenced by increased throughput and silver recovery rates.
What are Aya's future operational goals for Zgounder Mine?
Aya aims to stabilize processing rates above 3,000 tonnes per day while maintaining high recovery rates, ensuring consistent future output.
Who leads Aya Gold & Silver?
Benoit La Salle serves as the President & CEO, spearheading the company’s strategic direction and operational success.
Where can I find more information about Aya Gold & Silver?
More information about Aya Gold & Silver Inc. can be found on their official website: www.ayagoldsilver.com.
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