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Aya Gold & Silver Completes Funding for Mine Expansion

Aya Gold & Silver Completes Funding for Mine Expansion

Aya Gold & Silver (TSE:AYA) has released an update.

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Aya Gold & Silver Inc. has announced the completion of the final drawdown of its $100 million financing for the Zgounder Silver Mine expansion in Morocco. The project, backed by the EBRD and the CTF, is fully funded and expected to reach commercial production in Q4-2024, according to President and CEO Benoit La Salle. The company, a growing silver producer on the TSX, is also advancing its Tijirit Gold Project in Mauritania.

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