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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 Galena Complex in Idaho, United States of America (USA) and the Cosala Operations in Sinaloa, Mexico, and is re-evaluating the Relief Canyon mine in Nevada, USA. 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 100 % 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 GraviTeeon Jan 13, 2025 10:07pm
74 Views
Post# 36402525

Eric Sprott who owns 120,259,849 shares of USA

Eric Sprott who owns 120,259,849 shares of USAOr 43.19% of this company  - has just made an acquisition: 
Its in the 
highly volatile critical minerals category namely manganese.
That company is:

Manganese X Energy Corp V.MN

Critically important in steel and in lithium production , there is no substitute for manganese.
North America is 100 percent dependent on manganese imports for its steel and battery production. 
With advancements in the lithiom ion battery improving battery life by many years as well as in 
cost reduction and weight factors, the EV market is only getting started.

China is the almost exclusive supplier of manganese at 97% of it. 
Considering Donald Trump's Tarriffs of up to 100 percent that he wants to impose on countries like China that opt for trade in other than the US dollar, manganese becomes an even more critical mineral out of reach.

North America is without a domestic manganese supply chain, and that poses significant problems for economic growth on the continent.

This Canadian company can alleviate much of the critical supply problem and Eric Sprott is in on it.


Eric Sprott throws weight behind Manganese X Energy | 2025-01-02 | Investing News | Stockhouse

Manganese Supply Chain Challenges in North America | INN

MANGANESE X ADVOCATES CANADIAN GOVERNMENT PRIORITIZE MANGANESE ON CRITICAL MINERAL LIST – Manganese X Energy Corp.
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