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Aya Gold & Silver Inc T.AYA

Alternate Symbol(s):  AYASF

Aya Gold & Silver Inc. (Aya) is a Canada-based silver producer with operations in the Kingdom of Morocco. The Company operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault. The Zgounder Silver Mine is an underground silver mine located approximately 260 kilometers (km) east of Agadir in Morocco. The Zgounder mining permit covers over 16 square kilometers (km2). It owns 100% of Zgounder Millennium Silver Mine S.A (ZMSM), which owns the Zgounder property. It also owns 85% of the Boumadine polymetallic project and owns the permits related to the Amizmiz, Azegour, Zgounder Regional and Imiter bis properties. All of these properties are located in the Kingdom of Morocco. Aya owns 75% of the Tijirit project located in Mauritania. Aya also owns Tirzzit Project, which consists of seven permits located approximately 25 km from the Zgounder property. Its wholly owned subsidiary is Aya Gold & Silver Morocco S.A.


TSX:AYA - Post by User

Comment by Exbosson Jul 04, 2020 6:10pm
188 Views
Post# 31224847

RE:RE:RE:maya

RE:RE:RE:mayaZgounder Silver Mine: The Company several issues at its Zgounder Silver Mine, which affected the production and sale of silver. The flotation plant was shutdown for the entire month of January because of an issue at the Companys old tailings facility. The new tailings facility was only commissioned in March, which allowed the Company to return to normal production after commissioning. Given the flotation plant was temporarily shut down, all ore was treated at the cyanidation plant. Given the Company intended to produce mainly silver concentrate, maintenance at the cyanidation plant had been significantly reduced. This caused silver recovery to be 45.6% in Q1/2020 compared to 65.3% for Q1/2019. As maintenance was re-initiated, recovery subsequently improved. Silver grade fed to the mill was 223.1 g/t Ag in Q1/2020 compared to 219.8 g/t Ag in Q1/2019.
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