Aya Gold & Silver's Boumadine Project Valuation Doubles to $3.5 Billion

Aya Gold & Silver, a mining company listed on TSX and Nasdaq as AYA, has made a significant update to its Boumadine project in Morocco. The after-tax net present value (NPV) of the project has more than doubled to $3.5 billion.

This increase is attributed to higher gold and silver price assumptions used by the company. However, it's worth noting that the initial capital required for the project has only increased by 4%. This suggests that Aya Gold & Silver is optimistic about the potential of Boumadine.