09:20 AM EDT, 10/15/2025 (MT Newswires) -- Aya Gold & Silver ( AYASF ) , which rose more than 4% on Tuesday, reported on Wednesday its third quarter production and announced "record" quarterly production, recoveries, and throughput at its Zgounder Silver Mine in the Kingdom of Morocco.
Among highlights, the company reported record Q3 silver production of 1.35 million ounces, a 29% increase over the second quarter of 2025, which it said was driven by higher throughput and improved grades. Aya also said that ore processed averaged 3,326 tonnes per day, "representing an 11% improvement over Q2 2025 and running 23% above nameplate capacity."
The company also reported an average head grade of 146 grams per tonne silver in the third quarter and added that recovery averaged 92.5%, "reflecting optimized blending and circuit performance and exceeding feasibility study expectations."
A statement noted that the company "sustained high" mill availability at 96% in the third quarter, "underscoring consistent operational discipline and reliability."
"Our quarter-over-quarter gains highlight the strength of our team and the benefits of disciplined execution," said Aya Gold & Silver's ( AYASF ) President and Chief Executive Officer, Benoit La Salle. "Building on this quarter's strong performance we continue to optimize operations, laying the foundation for a solid finish to the year and sustained momentum into 2026."