# Aya Gold & Silver Reports Q2-2026 Results and Delivers Record Operational Performance Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/aya-gold-silver-reports-q2-2026-results-and-delivers-record-operational-performa--ae01d065-b36f-42a7-98a3-989e5df8cf86 Original source: https://www.globenewswire.com/news-release/2026/08/13/3344937/0/en/aya-gold-silver-reports-q2-2026-results-and-delivers-record-operational-performance.html Publisher: globenewswire Original announcement: 2026-08-13T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Aya Gold & Silver Inc. - Ticker: AYA - Exchange: Unavailable - Region: Morocco - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Production, Drill results, Other - Extracted: 2026-08-20 17:44:26 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Aya Gold & Silver reported record operational and financial results for Q2-2026, with consolidated silver equivalent production increasing 61% year-over-year to 1.7 Moz AgEq and cash costs decreasing 9% quarter-over-quarter to $16.82/oz AgEq. The Zgounder mine achieved record processing rates and strong mill recovery, contributing to a strong financial position with $183M in cash and cash equivalents. Exploration drilling at Boumadine identified new mineralized structures, while drilling at Zgounder confirmed high-grade silver mineralization extensions. Reasoning: Aya Gold & Silver reported record operational and financial performance for Q2-2026, driven by increased production, higher processing rates, and lower cash costs at its Zgounder mine, alongside positive exploration updates and a strong financial position. - Positive factor: Record operational performance at Zgounder, including record mining and processing rates. - Positive factor: Significant increase in consolidated silver equivalent production \(up 61% YoY\). - Positive factor: Substantial decrease in cash costs per silver equivalent ounce sold \(down 9% QoQ\). - Positive factor: Strong financial position with increased cash and cash equivalents. - Positive factor: Positive exploration results at Boumadine \(new parallel mineralized structures\) and Zgounder \(strong continuity and extensions of high-grade silver mineralization\). - Positive factor: Strategic acquisition of an exploration portfolio in Morocco. - Negative factor: Boumadine cash costs negatively impacted by gold-to-silver ratio compression. - Negative factor: Ongoing litigation costs related to Duro Felguera S.A. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 21 ## Classification and evidence **Production Increase** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Consolidated silver equivalent production increased by 61% year-over-year to 1.7 Moz AgEq. Evidence · text > Consolidated production of 1.7 million ounces \("Moz"\) AgEq, up 61% YoY **Cost Reduction** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Cash costs per silver equivalent ounce sold decreased by 9% quarter-over-quarter to $16.82/oz AgEq. Evidence · text > Cash costs 2,4 of $16.82/oz AgEq, a 9% decrease QoQ **High Recovery** Polarity: positive Story-specific tag Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Zgounder's combined mill recovery averaged 91.2%, which is high for silver processing. Evidence · text > combined mill recovery averaged 91.2% **Exploration Success** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Drilling at Boumadine intersected a new mineralized parallel structure, and Zgounder drilling confirmed strong continuity and extensions of high-grade silver mineralization. Evidence · text > At Boumadine, drilling intersected a new mineralized parallel structure below the current resource pit shell, while results at Zgounder continued to confirm strong continuity and extensions of high-grade silver mineralization beyond current resource boundaries. **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The document mentions 'previously reported intercepts' for both Boumadine and Zgounder, indicating these are not new results. Evidence · text > Previously reported highlights included hole BOU-DD25-745, which intersected 890 g/t AgEq over 51.5 m, along with additional high-grade intercepts. **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The scientific and technical information has been reviewed and approved by David Lalonde, B. Sc, Vice-President, Exploration, and Raphaël Beaudoin, P.Eng, Vice-President, Operations of Aya, both of whom are 'Qualified Persons' as defined under NI 43-101. Evidence · text > The scientific and technical information contained in this press release have been reviewed and approved by David Lalonde, B. Sc, Vice-President, Exploration, and Raphaël Beaudoin, P.Eng, Vice-President, Operations of Aya, both of whom are each a “Qualified Person” as defined under National Instrument 43-101 ## Extracted facts Stored fact records: 0. Some facts used in scoring do not have a stored record. No stored fact records are available for this extraction. ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.