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

Alternate Symbol(s): USAS

Metals & Mining Industrial Metals & Minerals

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

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Americas Gold and Silver Corporation > Gold continues to be produced through re-leaching activities

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Post by kukaman on Mar 11, 2022 5:54pm

Gold continues to be produced through re-leaching activities

see slide 6

RELIEF CANYON UPDATE

• On August 13, 2021, the Company decided to temporarily suspend mining operations at
Relief Canyon in order to prioritize capital for the Cosal Operations re-start
• Gold continues to be produced through re-leaching activities
• The first phase of the planned metallurgical program has started; findings will lead into
the second phase prior to mid-2022 as part of project reevaluation

https://www.americas-gold.com/site/assets/files/5724/presentation20220224.pdf

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Comment by jdbutts on Mar 11, 2022 6:25pm

The part about "project reevaluation" sounds ominous! How do you reevaluate a mothballed project, other than to say "go" or "no go"? Very Roman Emporer like. Ouch. Now I can't shake the mind's eye picture of Blasutti in a toga eating a ham hock or turkey leg, while being fed grapes by the bunch! Time to look online to try and find more info.

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