Aya Gold & Silver Files PEA for Boumadine Project

MONTREAL, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce that it has filed a technical report presenting the Preliminary Economic Assessment ("PEA") for the Boumadine Polymetallic Project (the “Project” or “Boumadine”), located in the Kingdom of Morocco, with an effective date of November 4, 2025 (the “Report”). The PEA was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) by independent Qualified Persons, notably Lycopodium Minerals Canada Ltd and WSP Canada Inc. All financial figures in this press release are expressed in United States dollars, unless otherwise noted. The results of the PEA were reported in Aya’s news release dated November 4, 2025, and there are no material differences between the Report and the results discussed in this news release.  

Aya Gold & Silver, a prominent mining company, has announced the filing of a Preliminary Economic Assessment (PEA) Technical Report for its Boumadine Project, which is located in the eastern region of Morocco. This technical documentation is crucial as it outlines the economic viability and potential profitability of the project, an important step in the development of mining assets.

The Boumadine Project has been under exploration for several years, with Aya Gold & Silver working diligently to gather data that informs this assessment. The PEA represents a significant milestone, as it aggregates various aspects of the project including geological, engineering, and financial data to forecast the project's economic potential. This kind of report is typically a prelude to more detailed and costly feasibility studies.

The technical report highlights an opportunity for Aya to advance the Boumadine Project through a combination of established resources and innovative mining technologies. The company has emphasized its commitment to sustainable and responsible mining practices throughout the assessment process. By focusing on environmental considerations and community engagement, Aya aims to foster goodwill and support for its operations among local stakeholders.

Aya Gold & Silver's management expressed optimism regarding the outcomes of the report, projecting that the results of the PEA will attract further investment and interest in the Boumadine Project. The assessment suggests a potentially robust economic framework, indicating that the project may deliver significant returns and ongoing revenue streams when fully operational.

The report not only serves as an internal guideline for Aya Gold & Silver's next steps but also acts as a tool for investors who are evaluating the potential of the company’s portfolio. Investors typically look for indicators of strength in such reports, seeking reassurance about the reliability and profitability of mining undertakings.

The Boumadine Project itself is regarded as a promising venture, thanks to its known deposits and favorable market conditions. Aya has been proactive in exploring opportunities that maximize the value of this project. The filing of the PEA Technical Report is expected to catalyze further activities, including additional exploration and development efforts aimed at enriching the mining site's output.

Overall, this recent filing underlines Aya Gold & Silver's strategic initiatives to build a sustainable mining operation while ensuring the economics of the Boumadine Project are fully understood. The step taken by Aya is indicative of the growing confidence in the mining sector and the company's focus on leveraging its existing resources effectively.