Zgounder Mine Expansion Progress
The Zgounder mine expansion is 99% completed and is on budget. The stockpile has reached 347,000 tons of ore, and they are targeting commercial production in late Q4 2024.
Successful Spinout and Financing
Aya completed a spinout to better value their gold assets, culminating in a financing round that raised $15 million, showing strong investor confidence.
Exploration Success
High-grade mineralization confirmed at Zgounder with significant drill results, including 1,000 grams per ton over 13 meters. Boumadine project expanded to a 5.4-kilometer trend.
ISO 9001 Certification
Aya achieved ISO 9001 certification, indicating high standards in management processes across the mine site.
Strong ESG Performance
Aya met all ESG requirements for their loan and showed a 68% increase in students opting for science programs through their educational initiatives.