Aya Gold & Silver (OTCPK:AYAS.F) Earnings Call Presentation

Project Overview - The Boumadine PEA presents a district-scale, low-cost, precious metals growth opportunity [1, 2] - The project has a low initial CAPEX of $446 million [33] and a low AISC of $1,021/oz AuEq [33, 96] - The project has a mine life of 11 years [34] Financial Highlights - The project boasts a pre-tax NPV(5%) of $2.2 billion and a post-tax NPV(5%) of $1.5 billion, using base case metal prices of $2,800/oz gold and $30/oz silver [33] - The IRR is 69% pre-tax and 47% post-tax, with a payback period of 1.3 years pre-tax and 2.1 years post-tax [33] - The NPV:Capex ratio is 5:1 pre-tax and 3:1 post-tax [33] - The Life of Mine (LOM) revenue is projected at $7.0 billion, with an EBITDA of $3.4 billion and a Free Cash Flow (FCF) of $2.8 billion pre-tax and $2.0 billion post-tax [38] Production and Resources - The project anticipates an average annual production of 401,000 oz AuEq in the first 5 years and 328,000 oz AuEq over the LOM [73] - The updated Mineral Resource Estimate (MRE) in February 2025 showed an increase of 120% in indicated and 19% in inferred contained metal in koz AgEq compared to the 2024 estimate [56]