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Aya Gold & Silver Categorically Rejects the Erroneous and Misleading Allegations Made Against the Company
MONTREAL, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYA...
About this update from Aya Gold & Silver Inc.
[{"type":"text","content":"Aya Gold & Silver Categorically Rejects the Erroneous and Misleading Allegations Made Against the Company\n\n\n\n MONTREAL, Sept. 25, 2025 (GLOBE NEWSWIRE) --\n \n Aya Gold & Silver Inc.\n \n (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) strongly refutes the misleading and inaccurate claims contained in the short-seller report.\n \n\n The report contains numerous inaccuracies and mischaracterizations, including about Aya’s current management team, operations, and resource base, which the Corporation believes are intentionally misleading and are intended to benefit the short seller, which has itself disclosed that it stands to profit in the event that the Corporation’s share price declines, at the expense of Aya shareholders.\n \n\n\n Key Facts\n \n\n\n\n Reliability of Resource Model Confirmed by Silver Ounces Mined since 2021\n \n\n\n\n Since 2020, Aya has produced over 10 million ounces (“Moz”) of silver (“Ag”), with mined ounces consistently reconciling against the published resource estimate.\n \n\n Silver production continues to align with reserve estimates, reinforcing the strength, reliability, and credibility of Aya’s resource base.\n \n\n\n\n Extensive Drilling Strengthens Resource Model and Confidence\n \n\n\n\n The March 2021 resource model was supported by 76,000 meters (“m”) of drilling, which expanded to 121,500 m by December 2021 (+45,500 m). This robust dataset formed the foundation of the current Zgounder resource model.\n \n\n From December 2021 to June 2025, Aya completed an additional 231,000 m of drilling, significantly increasing confidence in the resource base.\n \n\n Drilling continues to identify extensions of mineralization at Zgounder and regional targets, highlighting strong exploration upside and growth potential beyond the current mine footprint.\n \n\n This substantial, ongoing drilling program provides the critical data underpinning the upcoming resource update.\n \n\n\n\n Independent, Third-Party Verified Resource Estimates\n \n\n\n\n Zgounder’s mineral resource estimate was prepared and verified by independent Qualified Persons at P&E Mining Consultants Inc. (“P&E”) in compliance with the standards set forth in National Instrument 43-101- Standards of Disclosure for...