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Aya Gold & Silver Advances Boumadine Project
Provides Progress on Feasibility Study and Updated PEA; Announces Q2-2026 Financial Release DateMONTREAL, July 15, 2026 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; NASDAQ: AYA) (“Aya” or the “Company”) is pleased to provide an update on workstreams supporting the Feasibility Study (“FS”) for the Boumadine Project (“Boumadine”), which commenced in early 2026 and is progressing as planned. The Company also continues to advance work on an updated Preliminary Economic Assessment (the "Upda
About this update from Aya Gold & Silver Inc.
Provides Progress on Feasibility Study and Updated PEA; Announces Q2-2026 Financial Release Date MONTREAL, July 15, 2026 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; NASDAQ: AYA) ("Aya" or the "Company") is pleased to provide an update on workstreams supporting the Feasibility Study ("FS") for the Boumadine Project ("Boumadine"), which commenced in early 2026 and is progressing as planned. The Company also continues to advance work on an updated Preliminary Economic Assessment (the "Updated PEA") for the Boumadine Project, following the completion of a Preliminary Economic Assessment, the results of which were announced on November 4, 2025 (the "2025 PEA"), and the associated NI 43-101 technical report filed on December 18, 2025. "We are very pleased with the progress being made across all workstreams for the Boumadine Project," said Benoit La Salle, President & CEO . "We have pre-qualified a select group of mining contractors and are preparing to launch a competitive tender process for the mining services contract, marking an important step toward establishing long-term operating partnerships for the project. The Updated PEA is on track for release in H2-2026, and we are planning to start early works by year-end, with the project access road among potential near-term priorities." Feasibility Study Update The following provides an update on key FS workstreams: Infill Drilling As of July 13, 2026, 102,111 metres ("m") have been completed year-to-date as part of the Company's 360,000m infill drilling campaign, with 180,000m targeted for the current year. The program supports mineral resource conversion and provides the geological confidence required for reserve estimation as part of the FS. Drilling includes infill work to convert inferred resources to the indicated category, alongside targeted step-out drilling to expand mineralization across the Main, Tizi and Imariren trends, all of which remain open in all directions. Procurement and Contractor Tender Process Building on the engagement of Qualified Persons and multidisciplinary teams from established engineering and technical firms, the Company has further advanced its procurement activities across key project workstreams.
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