Aya Gold & Silver Reports Q3 Record Production of 1.35M oz at Zgounder, Up 29% Quarter Over Quarter

Core Insights - Aya Gold & Silver Inc. reported record quarterly production, recoveries, and throughput at its Zgounder Silver Mine for Q3-2025, indicating strong operational performance and improvements across key metrics [1][3][8] Production Metrics - Silver production reached 1,346,882 ounces, a 29% increase from Q2-2025 and a significant rise from 355,927 ounces in Q3-2024 [3][8] - Ore processed averaged 305,964 tonnes, reflecting a 12% improvement over Q2-2025 and running 23% above nameplate capacity [3][8] - The average head grade was 146 grams per tonne, a 4% increase from Q2-2025 [3][8] - Silver recovery averaged 92.5%, up 6% from the previous quarter, exceeding feasibility study expectations [3][8] Operational Developments - Underground development and stope sequencing advanced, supporting an average mining rate of 1,276 tonnes per day at a head grade of 158 g/t [4] - Open-pit operations focused on stripping the northeast section, with plans to increase ore production above 2,000 tonnes per day by Q1-2026 [5] - The processing plant achieved record throughput and recovery through improved blending and circuit optimization, currently running above 3,700 tonnes per day [6][8] Future Outlook - The company aims to maximize cash flow, maintain cost discipline, and advance its growth pipeline, including the upcoming Boumadine preliminary economic assessment [7]