Aya Gold & Silver Reports Q4 and Full Year 2024 Results; Announces 2025 Production and Cost Guidance

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[{"type":"text","content":"Aya Gold & Silver Reports Q4 and Full Year 2024 Results; Announces 2025 Production and Cost Guidance\n\n\n\n MONTREAL, March 28, 2025 (GLOBE NEWSWIRE) --\n \n Aya Gold & Silver Inc.\n \n (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) today announced financial and operational results for the fourth quarter and full year ended December 31, 2024.\n \n All amounts are in US dollars, unless otherwise stated.\n \n\n\n Full Year 2024 Highlights\n \n\n\n\n Silver produced\n \n totaled 1,646,265 ounces (“oz”) in 2024 compared to 1,970,646 oz in 2023, is in line with revised guidance of 1.6 to 1.8 million (“M”) silver (“Ag”) oz.\n \n\n\n Ore processed\n \n increased 27% to 358,919 tonnes (“t”) in 2024 compared with 281,634t in 2023.\n \n\n\n Revenues reported\n \n from silver sales generated $39.1M (decreasing 9% over 2023), at an average realized silver price of $26.04/oz.\n \n\n\n Adjusted cash cost per silver ounce sold\n \n\n\n (\n \n\n\n\n i\n \n\n\n\n )\n \n\n totaled $19.62/oz in 2024, compared with $12.50/oz in 2023. The increase in year-over-year (“YoY”) cash costs were related to expansion preparations.\n \n\n\n Robust financial position reported\n \n with $49.2M of cash and restricted cash\n \n (\n \n\n ii\n \n\n )\n \n as at December 31, 2024.\n \n\n\n New plant completed and commercial production declared\n \n at year end. Mill ramp-up is ongoing with plant having reached nameplate capacity.\n \n\n\n Boumadine 2024 exploration program led\n \n to a new resource estimate consisting of an Indicated Mineral Resource of 5.2Mt at 448 g/t AgEq\n \n (\n \n\n iii\n \n\n )\n \n containing an estimated 74.4Moz of AgEq oz, and an Inferred Mineral Resource of 29.1Mt at 402 g/t AgEq containing an estimated 377.7Moz of AgEq oz published in 2025.\n \n\n\n Boumadine exploration footprint expanded\n \n with the addition of 15 permits, increasing the Boumadine land package by 117% in 2024.\n \n\n\n Total metres drilled\n \n totaled 153,875 metres (“m”) in 2024, representing a 138% increase in metres drilled over 2023.\n \n\n\n Health and safety (“H&S”) prioritized\n \n with continued emphasis on preventative measures, analyses and 12,907 hours of H&S training completed for the year.\n \n\n\n 90km powe...

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