Aya Gold & Silver Inc. provides its 2026 outlook with a total production of 6.2 to 6.8 million silver-equivalent ounces. Key priorities include optimizing operations at Zgounder, evaluating plant capacity, and accelerating development at Boumadine. A U.S. listing is expected in H1-2026 to broaden investor access and enhance liquidity. Cash costs are estimated at $21.50/oz Ag for Zgounder and $10.10/oz AgEq for Boumadine.

In 2026, Aya aims to focus on continuous optimization at Zgounder, advancing growth at Boumadine, and expanding resources through exploration. Operational priorities include sustaining production levels at Zgounder and enhancing processing facilities. Capital investments of $36 million will support open-pit and underground development, grade control, and processing rate expansion. The Boumadine project will undergo feasibility-level fieldwork and resource updates.

An extensive 2026 exploration program is planned, including drilling at Zgounder and Boumadine to expand resources and identify growth opportunities. A budget of approximately $60 million will support drilling and exploration activities. A U.S. listing in mid-2026 aims to enhance liquidity and attract U.S. investors. Aya’s strategic objectives include delivering strong performance, advancing feasibility work, and executing exploration plans.

2026 operational outlook for Aya includes total production between 6.2 and 6.8 million AgEq ounces. Zgounder Silver Mine is projected to produce 5.2 to 5.8 million Ag ounces with a cash cost of $21.50/oz Ag. Boumadine is expected to produce approximately 1.0 Moz AgEq at a cash cost of $10/oz AgEq. Planned capital and exploration expenditures are $36 million and $60 million, subject to market conditions.

Aya’s 2026 priorities focus on delivering strong performance at Zgounder, advancing growth at Boumadine, and expanding the resource base. The corporation expects a supportive silver price environment to drive strong margins and free cash flow generation. A positive Preliminary Economic Assessment has positioned Aya to advance the Boumadine project towards development. With a strong balance sheet, Aya is well-positioned to invest in its future and deliver long-term value.

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