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Aya Gold & Silver Inc. Seeks for Investors in China

Aya Gold & Silver Inc. Seeks for Investors in China

Aya Gold & Silver Inc.


Requirement:Equity investment

Mineral Species:Gold, Silver, Zinc, Lead, Copper, Molybdenum, Scheelite

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Project Details


Company Profile: Canadian-based mineral exploration and development company. Listed on TSX with market value of C$ 330,932,354. The Company is focused on the acquisition, exploration and evaluation of mineral properties located in Morocco. The management has over 50 years of combined mining experience in francophone West Africa. Owner of gold & silver deposit and several polymetallic deposits. Aya’s management team has developed, built mines in West Africa and delivered significant value for shareholders.


Mineral Classification: Gold, Silver, Zinc, Lead, Copper, Molybdenum, Scheelite.



Zgounder Silver Project Profile:

Ø  Location: in the central Anti-Atlas on the NW flank of the Siroua massif, Morocco, 278 km from Marrakech. The exploitation licence covers 16 km².

Ø  Mining Method: Open pit operation.

Ø  Mineral Resource: 10M oz Ag M & I and 28M oz Ag inferred resource providing potential for expansion to +100 M oz Ag resources. The extraction of 3.974Mt at 292 g/t Ag for silver production of 33.682M ounces.

Ø  Exploration Status:

ü  +15,000 meter phase 1 drilling program launched in July 2020.

ü  An additional 1,224 meters of drilling from surface and underground are scheduled for completion before year-end.

ü  Updated resource and block model are in progress.

ü  Commercial production declared in 2019 @ 700 tpd nameplate capacity.

ü  Production increase to 1.354M ounces per year up to 4.762M ounces of silver per year.2_gaitubao_933x525

Ø  Investment Highlights:

ü  Morocco’s second most important silver mine.

ü  Production expansion target of +4M oz Ag per year.

ü  Strong balance sheet with C$ 42M cash and no debt.


Mine Life

10 years

NPV @ 6.5%

US$215.1M pre-tax

US$200.2M after-tax


134% pre-tax

118% after-tax


 Boumadine Polymetallic(Au, Ag, Zn, Pb, Ge) Project Profile:

Ø  Location: in the region of Drâa-Tafilalet, in the Anti-Atlas mountains, approximately 241 km from Ouarzazate city, Morocco.3_gaitubao_762x416

Ø  Mining Method: both open pit and underground.

Ø  Mineral Resource: discover Germanium 497 g/t over 1.5m in core samples, gold 48g/t over 2m.

Ø  Exploration Status:

ü  Metallurgical testing is ongoing.

ü  Drilling has been conducted on 3 zones of interest (Imariren, Centre, and North).

ü  Resulting drill targets generated by surface sampling program

Ø  Investment Highlights:

ü  Pre-tax IRR of 56% with an NPV of US$574.8 M. After-tax IRR of 53% with an NPV of US$497.6M, NPV discount at 6.5%.

Aya Gold & Silver Inc. (TSX: AYA) (“Aya” or the “Corporation”) is pleased to announce positive results from its Feasibility Study (“FS”) to expand the Zgounder Silver Mine located in the Kingdom of Morocco from 700 tonnes per day (“tpd”) to 2,700 tpd capacity. All amounts are in US dollars unless otherwise stated. All figures are on a 100% ownership basis. 


Highlights of the 2,000 tpd Expansion Feasibility Study 

· Robust project economics (base case at $22/oz silver):

Before-tax 5% net present value (“NPV”): $471 million

Before-tax internal rate of return (“IRR”): 57%

After-tax 5% NPV: $373 million

After-tax IRR: 48%

Payback period: 7 years post expansion

Initial life of mine (“LOM”) of 11 years 

· 394% increase in annual production: Increased throughput expected to drive annual silver (“Ag”) production to 7.9 million ounces (“oz”) by 2024

· 364% increase in revenue: Annual revenue expected to increase from $37M in 2021 to $172M by 2024

· Low quartile costs: LOM all-in sustaining cost (“AISC”)1 of $9.58/oz including sustaining capital expenditures

· Initial proven and probable Mineral Reserves Estimate of 8.59 million tonnes (“t”) grading 257 g/t Ag for 71Moz of Ag, positions Zgounder among the highest-grade Ag projects globally

· Low initial capital expenditures: $139.4 million, including $16.6 million in contingency cost

· Short expansion timeframe: First Ag pour planned in Q1-2024

· Further optimisation opportunities:

Exploration along strike and at depth

Potential to optimise the flow sheet during the front-end engineering design (“FEED”) and the mine plan as part of the underground expansion

· Enhanced ESG plan: Reduction in water consumption and carbon emissions intensity



Company Requirement: Seek for investors in China.

Contact Information: MiningCommPlatform

Attachment Download: Company Presentation

Company Website: https://ayagoldsilver.com