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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

Post by jdbuttson May 14, 2021 2:56am
300 Views
Post# 33201607

Dearth of News

Dearth of NewsJust a theory, but quaere if USAS holding off on updates on Relief Canyon and Cosala, pending Earnings Release on May 20th?  If so, glass half full suggests they want to make bad numbers look good by announcing full commercial production and/or a deal with Mexican Gov't.  Glass (half) empty means double/triple whammy of bads news, as further delay(s) anticipated.  This would be akin to ripping the bandage off, taking more than a little skin in the process.  Then again, could just be a slow news cycle and nothing to report.  Not that that has stopped Darren and his team in the past! :) 
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