Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) is pleased to announce the beginning of commissioning activities at its new 2,000 tonnes per day mill at the Zgounder Silver Mine in the Kingdom of Morocco.
“We are excited to highlight Zgounder’s move from construction to commissioning,” said Benoit La Salle, President & CEO. “When commissioned and combined with the current plants, Zgounder expanded operations will deliver LOM average production of 7 million silver ounces per year at a low quartile cost. So far, commissioning is proceeding to plan with all systems performing as expected. With physical completion at 95% and capital expenditures on the project winding down, we are approaching an exciting inflection point when we expect to see Zgounder investment begin to yield meaningful cash flow and shareholder returns.”
Figure 1 – Pre-Commissioning the Renewable-Energy Electrical Line
Figure 2 – Testing the Smelting Equipment
About Aya Gold & Silver Inc.
Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer with operations in the Kingdom of Morocco.
The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault, several of which have hosted past-producing mines and historical resources. Aya’s Moroccan mining assets are complemented by its Tijirit Gold Project in Mauritania, which is being advanced to feasibility.
Aya’s management team has been focused on maximising shareholder value by anchoring sustainability at the heart of its operations, governance, and financial growth plans.
With the addition of the Las Chispas mine – one of the world... READ MORE
EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) is pleased to announc... READ MORE
Santacruz Silver Mining Ltd. (TSX-V:SCZ) is pleased to announc... READ MORE
Metal Energy Corp. (TSX-V: MERG) (OTCQB: MEEEF) is pleased to an... READ MORE
Outcrop Silver & Gold Corporation (TSX-V: OCG) (OTCQX: OCGSF)... READ MORE