Miner Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) Gains On Refuting Short Seller Report
The stock makes the TSX top gainers list as it stands its ground on previously reported data. The stock is trading at $14.62, up +1.69, gaining 13.07% on the TSX as of this report on volume of over 3.5 Million shares.
Aya Gold & Silver Inc. released news that it strongly refutes the misleading and inaccurate claims contained in the short-seller report.
The report contains numerous inaccuracies and mischaracterizations, including about Aya's current management team, operations, and resource base, which the Corporation believes are intentionally misleading and are intended to benefit the short seller, which has itself disclosed that it stands to profit in the event that the Corporation's share price declines, at the expense of Aya shareholders.
Key FactsReliability of Resource Model Confirmed by Silver Ounces Mined since 2021
Since 2020, Aya has produced over 10 million ounces (“Moz”) of silver (“Ag”), with mined ounces consistently reconciling against the published resource estimate.
Silver production continues to align with reserve estimates, reinforcing the strength, reliability, and credibility of Aya's resource base.
Extensive Drilling Strengthens Resource Model and Confidence
The March 2021 resource model was supported by 76,000 meters (“m”) of drilling, which expanded to 121,500 m by December 2021 (+45,500 m). This robust dataset formed the foundation of the current Zgounder resource model.
From December 2021 to June 2025, Aya completed an additional 231,000 m of drilling, significantly increasing confidence in the resource base.
Drilling continues to identify extensions of mineralization at Zgounder and regional targets, highlighting strong exploration upside and growth potential beyond the current mine footprint.
This substantial, ongoing drilling program provides the critical data underpinning the upcoming resource update.
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