Aya Gold & Silver Inc. is pleased to announce additional drill results, confirming the extension of high-grade silver mineralization at the Zgounder Silver Mine in the Kingdom of Morocco. Key Highlights Diamond drill hole DZG-SF-22-176 intercepted 4,980 grams per tonne silver over 7.5 meters , including 9,234 g/t Ag over 4.0m. At the central zone just below the 2,000m level confirming the high-grade zone from the December [...]
Aya Gold & Silver Inc. is pleased to announce that construction of the Zgounder Expansion Project in the Kingdom of Morocco continues to advance on schedule. "We continue to make steady progress with our expansion plans at the Zgounder Silver Mine as a result of strong execution by our construction team and local partners," said Benoit La Salle, President & CEO. "With procurement substantially behind us, we have completed [...]
Aya Gold & Silver Inc. is pleased to announce that its subsidiary, Zgounder Millennium Silver Mining SA, has entered into a 20-year Power Purchase Agreement with Energie Éolienne du Maroc , a subsidiary of Nareva, for the procurement of renewable energy starting upon completion of the Zgounder Project expansion. The PPA will allow the new and existing Zgounder processing plants and surrounding infrastructure to operate [...]
Aya Gold & Silver Inc. is pleased to announce new high-grade exploration drill results, which confirm the extension of mineralization by 20% south of the main mineralized trend and confirm the discovery of several parallel structures at Boumadine, in the Kingdom of Morocco. Key Highlights1 Definition of new mineralization and extension of the South Zone. The main mineralized trend, which now extends over 3.2 kilometres [...]
Aya Gold & Silver Inc. is pleased to provide guidance and a corporate outlook for the Corporation's activities in the Kingdom of Morocco. All dollars are in U.S. dollars, unless otherwise stated. Zgounder Production Guidance and Corporate Outlook The Corporation's 2023 outlook outlines annual silver production, an exploration program for Zgounder, Zgounder Regional and Boumadine, and on-going sustainability initiatives [...]
Aya Gold & Silver Inc. is pleased to announce the Corporation has closed the US$100 million project financing facility to support construction of the Zgounder Silver Mine expansion in the Kingdom of Morocco. As announced in the news release dated October 25, 2022, the Facility consists of a US$92 million loan provided by the European Bank for Reconstruction and Development and a US$8 million tranche by the Climate [...]
Aya Gold & Silver Inc. is pleased to announce it has closed its previously announced upsized offering of 11,151,550 common shares in the capital of the Corporation , at a price of $8.25 per Share for gross proceeds of approximately $92,000,000 including the full exercise of the over-allotment option in the amount of approximately $12,000,000. Eight Capital and Desjardins Capital Markets acted as joint bookrunners and [...]
Aya Gold & Silver Inc. is pleased to announce that it has entered into an amended agreement pursuant to which Eight Capital and Desjardins Capital Markets, as joint bookrunners and co-lead underwriters, together with a syndicate of underwriters , have now agreed to purchase, on a bought deal basis, 9,697,000 common shares in the capital of the Company , at a price of $8.25 per Share for gross proceeds of $80,000,250 . The [...]
Aya Gold & Silver Inc. is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and Desjardins Capital Markets, as joint bookrunners and co-lead underwriters, together with a syndicate of underwriters , have agreed to purchase, on a bought deal basis, 8,485,000 common shares in the capital of the Company , at a price of $8.25 per Share for gross proceeds of $70,001,250 . The Company has [...]
Aya Gold & Silver Inc. announces that it has obtained a receipt for a final short form base shelf prospectus further to its filing of a preliminary short form base shelf prospectus. Both documents have been filed with the securities regulators in each of the provinces of Canada . These filings will allow the Corporation, if it chooses, to make offerings of common shares, debt securities, warrants, subscription receipts [...]
Aya Gold & Silver Inc. is pleased to announce its fourth quarter and annual silver production results at the Zgounder Silver Mine in the Kingdom of Morocco. Q4-2022 Quarter Production Highlights Silver production of 661,621 ounces in Q4-2022, a 52.5% increase compared with Q4-2021 Processed 63,283 tonnes of ore at a head grade of 364 grams per tonne , a 46.8% increase in head grade compared with Q4-2021 Silver recovery of [...]
In the news release, Aya Gold & Silver Extnds High-Grade Silver Mineralization at Depth at Zgounder, issued 21-Dec-2022 by Aya Gold & Silver Inc. over CNW, the headline should read "Aya Gold & Silver Extends High-Grade Silver Mineralization at Depth at Zgounder" as incorrectly transmitted by CNW. The complete, corrected release follows: Aya Gold & Silver Extends High-Grade Silver Mineralization at Depth at Zgounder [...]
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