Announces 88% Reduction in GHG Emissions in 2025
The Report was prepared in alignment with the recommendations of the
2022 Highlights from Climate Action Report
- Signed a 100% renewable energy PPA for the
Zgounder Silver Mine - First Scope 3 GHG emissions calculation
- Recycled 61% of total water used, a 6% improvement over 2021
2024-2025 Objectives1
- 98%2 reduction in Scope 2 emissions compared to "Business as Usual" in 2025
- 88% reduction in overall emissions3 by 2025 compared to 2021 base year
- Targeted emission intensity figure of 11.2 tonnes of CO2e per thousand of tonnes of ore processed
- Approximately 500,000 thousand tonnes of CO2e emissions saved over life of mine by signing of PPA
- Engagement and support of our supply chain to improve Scope 3 calculations
The Report complements Aya's 2022 Sustainability Report and ESG report, all of which are available for download at ayagoldsilver.com/reports-disclosures/.
1 | Scope 2 emissions data are calculated using the market-based method of accounting. |
2 | While |
3 | Excludes Scope 3 emissions. |
The only TSX-listed pure silver mining company, Aya operates the high-grade
Aya's management team maximizes shareholder value by anchoring sustainability at the heart of its production, resource, governance, and financial growth plans.
For additional information, please visit Aya's website at www.ayagoldsilver.com
This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws ("forward-looking statements"), which reflects management's expectations regarding Aya's future growth and business prospects (including the timing and development of new deposits and the success of exploration activities) and other opportunities. Wherever possible, words such as "will", "aims", "extend", "identify", "confirm", "plan", "belief", "potential", "confident", "could", "opportunity", "support", "suggest", "expected", "probably", and similar expressions or statements that certain actions, events or results "may", "could", "would", "might", "will", or are "likely" to be taken, occur or be achieved, have been used to identify such forward-looking information. Specific forward-looking statements in this press release include, but are not limited to, statements and information with respect to the exploration and development potential of Zgounder and the conversion of Inferred Mineral Resources into Measured and Indicated Mineral Resources, future opportunities for enhancing development at Zgounder, and timing for the release of the Company's disclosure in connection with the foregoing. Although the forward-looking information contained in this press release reflect management's current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, Aya cannot be certain that actual results will be consistent with such forward-looking information. Such forward-looking statements are based upon assumptions, opinions and analysis made by management in light of its experience, current conditions, and its expectations of future developments that management believe to be reasonable and relevant but that may prove to be incorrect. These assumptions include, among other things, the closing and timing of financing, the ability to obtain any requisite governmental approvals, the accuracy of Mineral Reserve and Mineral Resource Estimates (including, but not limited to, ore tonnage and ore grade estimates), silver price, exchange rates, fuel and energy costs, future economic conditions, anticipated future estimates of free cash flow, and courses of action. Aya cautions you not to place undue reliance upon any such forward-looking statements.
The risks and uncertainties that may affect forward-looking statements include, among others: the inherent risks involved in exploration and development of mineral properties, including government approvals and permitting, changes in economic conditions, changes in the worldwide price of silver and other key inputs, changes in mine plans (including, but not limited to, throughput and recoveries being affected by metallurgical characteristics) and other factors, such as project execution delays, many of which are beyond the control of Aya, as well as other risks and uncertainties which are more fully described in Aya's 2022 Annual Information Form dated
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