Aya Gold & Silver Inc. announced production results for the fourth quarter and full year of 2023. The company announced Silver ("Ag") production of 450,046 ounces ("oz") in fourth quarter-2023; Processed 66,449 tonnes ("t") of ore at a head grade of 239 grams per tonne ("g/t") of silver; Silver recovery of 86.7% in fourth quarter-2023; Combined mill availability of 91.3% in fourth quarter-2023, a 2.6% increase compared to fourth quarter-2022; Mine production of 180,726t of ore in fourth quarter-2023, 124.7% increase compared to fourth quarter-2022 as per mine ramp up plan.

The company announced Silver production of 1,970,646 oz in 2023, a 4.8% increase compared with 2022 and beating 2023 production guidance of between 1.7 and 1.9 million ("M") oz; Processed 281,634t of ore at 250 g/t Ag in 2023, a 10.5% increase in ore processed compared with 2022; Combined silver recovery of 86.9% in 2023, a 0.3% increase compared with 2022; Combined mill availability of 93.6% in 2023, a 1.8% increase compared with 2022; Mine production of 505,989t of ore in 2023, a 78.7% increase compared with 2022, in line with its mine ramp up plan.