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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

Post by nor_easteron Feb 27, 2012 7:43pm
493 Views
Post# 19594562

USA - PDAC and Exploration

USA - PDAC and Exploration

US Silver will be at the PDAC (Toronto) March 4-7

March 4, 2012 - March 7Prospectors & Developers Association of Canada

Booth # 2803
Metro Toronto Convention Centre

https://www.pdac.ca/pdac/conv/index.aspx

And : We should be getting some drilling results soon...

From US Silver website: https://www.us-silver.com/Operations/Exploration/default.aspx

U.S. Silver holds considerable exploration upside and the potential to find significant new deposits is excellent. The Company’s large dominant land package of 14,000 acres is largely under-explored with modern exploration technology and is easily accessible. Numerous surface targets have been identified and a 12,000 foot drilling program is underway on CDA Gap and Argentine Vein. Drill targets were identified by surface and underground showings and a strong correlation between surface tetrahedrite showings and deeper silver vein systems exist.

In addition to surface drilling, U.S. Silver is conducting an aggressive underground drilling program. This exploration program is expected to cost effectively add reserves at modest expenditure levels. Since 2006, the Company has increased proven and probable reserves by 115%, even after replacing production.

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