Saturday, May 31, 2025

Latest

Aya Gold & Silver Reports Decline In Recoveries In April As Throughput Increases At Zgounder

Aya Gold & Silver (TSX: AYA) is eager to demonstrate the success of their expansion at the Zgounder Silver Mine in Morocco, announcing this morning production results for the month of April as they continue to scale production.

The mining rate at the operation reportedly increased to 2,750 tonnes per day in April, as compared to an average mining rate of 2,163 tonnes per day throughout the first quarter. Mill availability meanwhile increased from 91% to 98%, while averaging 3,025 tonnes per day.

Recovery rates however declined in April, falling to 80%, versus recoveries of 82% in the first quarter. Aya claims that they have a “clear path” to recoveries identified, with corrections currently being made. The shortfall was blamed on an oxygen plant, which is waiting on equipment to arrive to improve long term performance. Once at design capacity, recoveries are expected to improve to feasibility study rates.

Total silver production came in at 345,550 ounces. Production within the first quarter of 2025 totaled 1,068,652 ounces of silver, which on a straightline basis equates to 356,217 ounces of silver produced a month.

“Our fundamentals are strong, the ramp up is on track, and the results are showing — mine production is up 64% since January. We’ve seen a recovery improvement in May, and April’s performance confirms that we’re maximizing throughput, strengthening free cash flow, and driving down costs. We are pleased to reaffirm our 2025 guidance.”

Current guidance is calling for silver production of between 5.0 and 5.3 million ounces, at cash costs of $15.00 to $17.50 an ounce and recovery rates of between 84% and 88%.

Aya Gold & Silver last traded at $10.00 on the TSX.


Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Aya Gold & Silver Mine Expansion Feasibility Study Points To 57% Pre-Tax IRR

Aya Gold & Silver (TSX: AYA) has completed the feasibility study for a proposed expansion...

Tuesday, February 22, 2022, 07:39:59 AM

Aya Gold & Silver: Constructive Assay Results At Flagship Property

On June 8, Aya Gold & Silver Inc. (TSX: AYA) announced constructive, high-grade assay results...

Friday, June 11, 2021, 02:45:00 PM

Aya Gold & Silver Sees Resource Estimate Increase To 96.1 Million Silver Ounces At Zgrounder Mine

Aya Gold & Silver (TSX: AYA) reported today the updated mineral resource estimate for its Zgounder...

Tuesday, December 14, 2021, 11:19:00 AM

Aya Gold & Silver Unveils Strategic Spinout to Drive North African Gold Exploration

Aya Gold & Silver Inc. (TSX: AYA) has taken a significant step toward advancing its...

Thursday, September 12, 2024, 03:04:00 PM

Aya Gold & Silver Reports Zgrounder Resource Estimate of 44.4 Million Silver Ounces

Aya Gold & Silver (TSX: AYA) has updated its mineral resource estimate as of this...

Tuesday, March 16, 2021, 08:52:46 AM