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.

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Americas Gold and Silver Corporation

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Comment by bob4977on Aug 30, 2012 11:16am

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Post# 20279219

RE: RE: RE: RE: RXE is profitable

You both make good points Petersburg and firecracker. I do hope that RXE did make a profit in Q2. I know they claimed to make one but USA also claimed to have produced 1.2 million oz in the first half. That made it sound like they produced at least 600,000 oz in Q2. After the Hecla bid got defeated we find the actual figure was around 525,000 so I am a bit jaded too. RXE could release the actual production numbers. I do not believe they have done that.

Bob

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