Company Overview

Aya Gold & Silver Inc. is a Canada-based precious metals mining company focused primarily on silver production and exploration in Morocco. The company operates in the mining and natural resources industry, with activities centered on silver extraction, mine development, and mineral exploration. Aya’s core revenue driver is silver production from the Zgounder Silver Mine, supplemented by exploration activities across several Moroccan mineral permits. The company is publicly listed on the Toronto Stock Exchange under the symbol AYA and also trades on the OTCQX market in the United States.

Aya Gold & Silver has positioned itself as one of the few publicly traded mining companies with a concentrated strategic focus on Morocco’s silver sector. Its competitive positioning is supported by long-life mineral assets, expansion potential at Zgounder, and longstanding operational relationships within Morocco. The company evolved from earlier exploration-stage operations into a producer following the acquisition and advancement of the Zgounder asset. Over time, Aya expanded its exploration portfolio through regional permits and infrastructure investments designed to increase production scale and operational efficiency.

Business Operations

Aya Gold & Silver conducts its operations primarily through its Moroccan subsidiaries, including Zgounder Millennium Silver Mining SA and other locally incorporated exploration entities. The company’s principal operating segment is silver mining and exploration. Revenue is generated mainly through the production and sale of silver concentrate from the Zgounder Silver Mine, located in the Anti-Atlas region of Morocco. The company has invested in mine expansion projects intended to materially increase annual silver output through upgraded processing facilities, expanded underground development, and improved operational throughput.

In addition to production activities, Aya maintains a significant exploration portfolio across multiple permits in Morocco, including projects in regions considered prospective for silver and polymetallic mineralization. The company controls mining infrastructure, processing facilities, and exploration rights associated with these assets. Aya has also worked with engineering, drilling, and mining contractors to support expansion and development efforts. Its operations are influenced by Moroccan mining regulations, infrastructure access, and commodity price dynamics tied primarily to global silver markets.

Strategic Position & Investments

Aya Gold & Silver’s strategic direction has centered on scaling production at the Zgounder Silver Mine while expanding exploration resources across Morocco. A major component of this strategy has been the Zgounder expansion project, which includes increased mill capacity, underground mine development, and modernization of processing infrastructure. The company has consistently emphasized organic growth through resource expansion and operational optimization rather than broad geographic diversification.

The company has also invested heavily in exploration programs targeting additional silver discoveries near existing operations and within regional permits. Aya’s portfolio includes exploration assets such as the Boumadine Project, which has attracted industry attention for polymetallic mineralization including silver potential. Strategic investments have included drilling campaigns, feasibility-related engineering studies, and infrastructure upgrades. Public disclosures and investor materials indicate that Aya views Morocco as a strategically favorable mining jurisdiction due to established mining legislation, proximity to European markets, and existing transportation infrastructure.

Geographic Footprint

Aya Gold & Silver is headquartered in Montreal, Quebec, Canada, while its operational activities are concentrated in Morocco. The company’s primary producing asset, the Zgounder Silver Mine, is located in the Anti-Atlas Mountains region. Exploration activities are also focused across multiple Moroccan mineral districts where the company holds permits and exploration interests.

Although Aya’s operational footprint is concentrated in North Africa, the company maintains access to international capital markets through its Canadian and U.S. listings. Its investor base includes institutional and retail shareholders across North America and other international markets. Morocco serves as the company’s principal operational jurisdiction and strategic growth platform, giving Aya exposure to both African mining opportunities and global precious metals demand.

Leadership & Governance

Aya Gold & Silver is led by an executive team with experience in mining operations, finance, engineering, and resource development. Corporate governance is overseen by a board of directors responsible for strategic planning, capital allocation, operational oversight, and environmental and regulatory compliance. The company’s leadership strategy has emphasized disciplined mine expansion, resource growth, and operational execution in Morocco.

Key executives include:

• Benoit La Salle – President & Chief Executive Officer
• David Lalonde – Vice President, Exploration
• Alex Ball – Chief Financial Officer
• Raphael Beaudoin – Vice President, Operations
• Nezha Alaoui – Vice President, Corporate Social Responsibility

Management communications and public filings indicate a leadership philosophy focused on long-term asset development, operational scalability, and maintaining Morocco as the company’s primary strategic mining jurisdiction. Publicly available information from SEC filings, Canadian securities disclosures, annual reports, and investor presentations generally aligns regarding the company’s operational structure and strategic priorities.