Project UpdateJul 15, 2026, 07:02 AM
Aya Gold & Silver Boumadine Project FS & Updated PEA Progressing
AI Summary
Aya Gold & Silver Inc. provided an update on the Boumadine Project's Feasibility Study (FS) and Updated Preliminary Economic Assessment (PEA), both progressing as planned. The company has completed 102,111 meters of infill drilling year-to-date, pre-qualified mining contractors for a competitive tender, and advanced detailed engineering for water supply and power infrastructure. The Updated PEA is on track for release in H2-2026, with early works planned by year-end, and the FS is expected to be completed by H2-2027.
Key Highlights
- 102,111 meters of infill drilling completed year-to-date for the Feasibility Study.
- 360,000m infill drilling campaign planned, with 180,000m targeted for current year.
- Competitive tender for open pit mining contract expected to be completed in H1-2027.
- Shortlist for processing plant construction partner to be determined by year-end.
- Updated Preliminary Economic Assessment (PEA) on track for release in H2-2026.
- Early works for the Boumadine Project, including access road, planned by year-end.
- Feasibility Study for Boumadine Project expected to be completed by H2-2027.
- Metallurgical testwork program is in its final phase, informing FS engineering.
Price Impact
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