Aya Gold & Silver's Silver Production Report for May
Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) is excited to share impressive silver production results for May from its Zgounder Silver Mine, located in Morocco. This report reflects the company's ongoing commitment to enhancing operations and maximizing output.
Production Metrics Overview
In reviewing the metrics for silver production, we see a remarkable increase in the output for May. The following details highlight the key figures:
Silver Production
The silver production for May reached 353,879 ounces, signifying a strong recovery in output. In comparison, the current figures for the first quarter of 2025 indicate an impressive total of 1,068,652 ounces produced.
Tonnage Processed
The tonnage processed during May stood at 91,077 kilotonnes, which reinforces the operational efficiency at the Zgounder Silver Mine. This is an increase over the previous month and highlights the ramp-up in production capabilities.
Silver Recovery Rates
The company's silver recovery rates improved to 88% in May, aligning closely with previous feasibility studies and outperforming many expectations. Both underground and surface mining operations are trending positively as management ensures that objectives are being met.
Mill Availability
Mill availability reached 98% in May, an impressive metric indicating the reliability of processing facilities. With such high efficiency, Aya Gold & Silver is well-positioned for future production goals.
Operational Highlights for May
In addition to production metrics, several operational highlights contribute to the overall success of the month:
Progress in Mining Operations
The ramp-up for underground and open-pit mining progressed efficiently, with 2,317 tonnes per day being mined. Furthermore, the underground mining rate surpassed the long-term target of 1,000 tonnes per day, showcasing the corporation's ability to exceed its production targets.
Increase in Mill Throughput
Mill throughput averaged 2,938 tonnes per day at an outstanding 98% availability, outperforming prior expectations and indicating a successful ramp-up plan.
Restoration of Oxygen Plant
Specialized contractors successfully restored the oxygen plant's capacity, ensuring operational efficiency throughout May.
Open-Pit Ramp-Up
The open-pit ramp-up of operations is steadily advancing and is projected to reach full capacity by the end of the designated quarter. This focuses on infrastructure relocation and equipment mobilization that are nearing completion.
Future Outlook and Strategic Positioning
The leadership at Aya Gold & Silver is confident in the ongoing advancements and aligns with CEO Benoit La Salle's remarks. “Our operations continue to outperform across the board while we continue to improve grade dilution and sequencing,” he noted. This confidence is bolstered by solid production metrics and a ramp-up schedule that remains ahead of expectations.
Commitment to Shareholder Value
Aya Gold & Silver is dedicated to maximizing shareholder value and focuses on sustainability in its operational and governance strategies. The management team’s continuous efforts ensure the corporation remains a leader in the industry.
Contact Information
For more details about the company’s performance and operations, you can reach out to:
Benoit La Salle, FCPA, MBA
President & CEO
Email: benoit.lasalle@ayagoldsilver.com
Alex Ball
VP, Corporate Development & IR
Email: alex.ball@ayagoldsilver.com
Frequently Asked Questions
What were the silver production numbers for May?
The silver production for May was 353,879 ounces, reflecting a solid recovery in production levels.
How does the current production compare to previous months?
Comparing with previous months, May's production surpassed the 345,550 ounces reported in April, indicating a positive trend.
What improvements were observed in processing capabilities?
Mill throughput averaged 2,938 tonnes per day at 98% availability, which exceeded prior expectations and performance metrics.
What are the company’s future plans?
Aya Gold & Silver is planning to increase mill capacity into the coming quarters as operations progress positively.
How can I contact Aya Gold & Silver for more information?
For additional questions, you can email Benoit La Salle or Alex Ball using the provided email addresses for immediate assistance.
