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Bullboard - Stock Discussion Forum Americas Gold and Silver Corporation T.USA

Alternate Symbol(s):  USAS

Americas Gold and Silver Corporation is a Canada-based precious metals mining company with multiple assets in North America. The Company owns and operates the Cosala operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, United States of America, and is re-evaluating the Relief Canyon mine in Nevada, United States of America. The Company also owns the San Felipe... see more

TSX:USA - Post Discussion

Americas Gold and Silver Corporation > Several development scenarios available to increase silver
View:
Post by kukaman on Dec 01, 2021 12:36pm

Several development scenarios available to increase silver

production in 2022

Galena Complex targeting 2 million ounces from current infrastructure with replacement of Galena shaft and continued development of 3700 and 4300 levels (approximate capital of $20 million on a 100% basis)
Comment by petersburggray on Dec 04, 2021 12:44pm
Replace Galena shaft? Hmmm. Galena shaft if i recall is a rickety old thing running parallel to #3, the main hoist. Real close to72 Vein at 5200. Deepen Galena shaft? $20mm wont cut it...but perhaps 10x $20mm... consider what Hecla invested to deepen shaft at Lucky Friday nextdoor. Coeur mine connected to Galena on 3700 level so main hoist at Coeur mine good for at least another 500tpd hoisting ...more  
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