Jun. 25 at 11:12 AM
$AYASF Aya Gold & Silver reports May silver production of 353,879 ounces
May Operational Highlights: Silver recoveries reached 88% in May, in line with feasibility study assumptions and trending well above plan in June. Both underground and open pit ramp-up progressed well, with 2,317 tonnes per day mined. As planned from mine sequencing, waste mining in the open pit was accelerated as part of the pit expansion. Underground mining rate reached 1,101 tpd, exceeding our 1,000 tpd long-term target.
Mill throughput averaged 2,938 tpd at 98% availability, outperforming expectations and tracking ahead of ramp-up plans. Progress of Key Actions: Oxygen plant capacity was successfully restored by specialized contractors, with all systems running smoothly throughout the month of May. Open-pit ramp-up is advancing steadily and remains on track to hit full capacity by the end of Q3-2025, as infrastructure relocation and equipment mobilization near completion. Mill capacity is now operating at over 3,000 tpd in June, with plans underway to increase capacity into both Q3 and Q4-2025.
"Our operations continue to outperform across the board while we continue to improve grade dilution and sequencing," said Benoit La Salle, President and CEO. "Mine ramp-up is ahead of schedule with strong production. Mill throughput has been consistently above nameplate, and recoveries have improved and are in line with the plan. April and May results confirm that we're hitting key targets. The open-pit expansion is progressing on track, and we're already executing our plan to improve milling capacity, positioning us for a strong second half and highlighting the full potential of Zgounder."
