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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 cyanide5on Apr 05, 2019 12:17pm
113 Views
Post# 29588129

RE:RE:Transformed company doubling?

RE:RE:Transformed company doubling?650k ounces proven and probably with 700k+ in measured and indicated. The current mine life is just based on proven and probable. 

Out of the 700k measured and indicated, even if half of that moves to proven and probable with a bit of drilling would mean an extension mine life by 3-4 years. This could very well be 8-10 year mine in my opinion. I think we need to take this into context of that. They didn’t buy and are building a mine just for running it for 5-6 years. Again this is my opinion. 
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