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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 Jonny2fingerson Aug 25, 2017 12:04pm
254 Views
Post# 26621786

RE:RE:RE:RE:Drill results - very encouraging

RE:RE:RE:RE:Drill results - very encouragingMy understanding (which might be wrong) is that the drill results are "proving" their suspicion of a continuation of minerals in a "corridor" linking San Rafael and El Cajon. The plan to cease mining is at the Nuestra Senora mine site. Although, I believe if the price of silver and copper is right (at some point in the future) there is more to mine at Nuestra Senora...but at this point it would not make economic sense to continue mining at N.S.
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