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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 PAiron Feb 11, 2013 8:23am
558 Views
Post# 20967289

RE: Article........

RE: Article........

Good find Kewl2 and some good exposure for Scorpio. However they seem to have a few things wrong IMO.

 

They are off on the Scorpio Gold story and the reason for the stock going back to .50 in 2012. IMO it had nothing to do with Scorpio Gold but all to do with the surprise numbers coming out of Nuestra in late 2011 & early 12. Scorpio Gold was created back in 08 with the transfer in 09 if I recall.

 

They speak as if El Cajon alone will account for the 80% expansion. Part of that will probably be from Nuestra Senora. The company is already stating that the expansion is dependant the both NS & EC.

 

And I don't know where they get their 80Km road from El Cajon to the mill. The road was 14km and has been shortened to 11km with a new road segment. There is a big difference between 11 & 80km.

 

jmho
P-Air

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