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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, and is re-evaluating the Relief Canyon mine in Nevada, United States. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala Operations are located in the state of Sinaloa, Mexico and consist of about 67 mining concessions that cover approximately 19,385 hectares (ha). The 60% owned Galena Complex is located in Idaho’s Silver Valley. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Its landholdings cover approximately 25,000 acres, which include the Relief Canyon Mine asset and lands surrounding the mine in all directions. The San Felipe silver-zinc-lead project is located in Sonora, Mexico.


TSX:USA - Post by User

Comment by MLEMCon May 27, 2010 6:58am
320 Views
Post# 17135234

10 oz per ton

10 oz per tonIf you look at their mining costs, there is probably good reason to not count 10 oz per ton or lower.  As memory serves, mining cost is in the $180 per ton region or so - thus mining for nothing beow 10 oz.

I've been in and out of USA many times over the last  few years.   I re-entered yesterday after seeing the drill results.

silver is due for a pop to catch up to gold... USA.V due for a resourse enhancement pop. ... markets due for a short term  technical pop.

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