Strong Performances All Around Continue Operational Progress At Zgounder Silver Mine

MONTREAL - Aya Gold & Silver Inc. reported continued operational progress at its Zgounder Silver Mine, driven by a strong mine ramp up, exceptional mill

Mine ramp-up continues to exceed expectations, with 2,750 tonnes per day (tpd) mined in April 2025. Mill throughput and availability are above expectations, averaging 3,025 tpd at 98% availability. Clear path to 89% recoveries identified with corrective actions underway, focused on stabilizing and optimizing oxygen production.

A specialized contractor mobilized onsite to restore full capacity of the oxygen plant, with improvements expected. Direct collaboration was initiated with the oxygen plant equipment supplier, to fast-track long-term performance enhancements. Once the oxygen plant reaches designed capacity, it is expected that recoveries will improve to reach feasibility study recovery rates. Conclusive tests conducted on plant tailings to confirm feasibility study leaching parameters.

“Our fundamentals are strong, the ramp up is on track, and the results are showing — mine production is up 64% since January,” said Benoit La Salle, President and CEO. “We’ve seen a recovery improvement in May, and April’s performance confirms that we’re maximizing throughput, strengthening free cash flow, and driving down costs. We are pleased to reaffirm our 2025 guidance.”