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, 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

Americas Gold and Silver Corporation

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Comment by zzthnxon Jul 13, 2012 9:37pm

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Post# 20112925

RE: Sprott Monkeys

"USA is gearing up for 5 million plus ounces through increased production."

I wish that were true but it's more BS.

From the home page on USA's web site:

"U.S. Silver Corp is the second largest primary silver producer in the United States with annual silver production of 2.3 million ounces."

If I remember correctly, they are projecting another 450k or so per year after Coeur is restarted. That still leaves them a quarter million ounces shy of 3 million.

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