Aya Gold & Silver Unlocks Near-Term Value and Advances Environmental Remediation with Sale of Precious Metals from Legacy Boumadine Stockpile

Core Viewpoint - Aya Gold & Silver Inc. has commenced commercial production from a historical flotation stockpile of precious metal-rich pyrite concentrate at its Boumadine mining license, aiming to reduce environmental impact and generate positive cash flow for the project [1][4]. Project Highlights - The historical stockpile was created during lead and zinc flotation operations in the late 1980s and early 1990s, with approximately 260 thousand tonnes of ore mined, resulting in recoverable grades of 2.30 g/t for gold and 144 g/t for silver [5][8]. - The project anticipates producing an estimated 2.5 million silver-equivalent ounces over the next 20 to 24 months, with a monthly production rate of 10,000 tonnes [8]. Market Conditions - Favorable market conditions, including high precious metal prices and ongoing demand for sulfur, have created a viable opportunity for the commercialization of the historical flotation by-product [6]. - Multiple offtakers have shown interest, confirming market demand and commercially viable levels for the pyrite product [6]. Logistics and Operations - Aya has mobilized a team and equipment for loading and handling, with a planned logistics chain for transporting the product from the site to an inland port, then by rail to the seaport [7]. - As of the press release date, 2,500 tonnes of product have been loaded and shipped to a dry-port facility in Morocco, with the first payment from the offtaker expected by year-end [10].