Americas Gold and Silver and the Ministers of the Mexican Government Announce Agreement to Reopen the Cosalá Operations
July 07 2021 - 07:00AM
Business Wire
Alert
Print
Share On Facebook
Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), is pleased to report that it has signed an agreement with the Mexican Ministries of Economy, Interior and Labour committing to a reopening at the Cosalá Operations shut for over 17 months by an illegal blockade.

After the long period of denied access, the agreement contemplates immediate right to possession of the property with a joint inspection coordinated by the Ministry of Labor this Thursday, so that the mine can restart operations in a safe and sustainable manner. Following the inspection and Company review, the Company will provide an update on a schedule to a return to normal operations at the mine and mill.

Once production can be initiated, it is anticipated that the current higher silver prices will allow the Company to target the higher-grade silver ores in the Upper Zone of San Rafael and develop the silver-copper EC120 project. Mining these silver-rich areas of the Cosalá Operations is expected to significantly increase silver production to over 2.5 million ounces of silver per annum in the years following the restart. Coupled with the exploration success at the Galena Complex in Idaho, where the Company is targeting to reach peak historical annual production levels of approximately 5 million ounces per year, the Company expects to significantly increase silver production over the next few years.

“I am very pleased that this agreement could be signed,” stated Americas Gold and Silver President & CEO Darren Blasutti. “Through extensive deliberations with senior Mexican ministers, certain union representatives, the will of our workers and the community and the President of Mexico, the agreement is a significant step to ensure the long-term stability of the operations by its signatories. I would like to personally thank all parties involved including our employees and representatives in Mexico, the Mexican and Sinaloa governments, the people of Cosalá, and the organizers of numerous petitions and rallies who have all played important roles in providing a long-term solution for the benefit of the Cosalá Operations. The Company is eager to get the operation ramped-up for all to benefit from the current strong silver, zinc and lead prices.”

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America. The Company owns and operates the Relief Canyon mine in Nevada, USA, the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also owns the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

$PDAC: Americas Gold & Silver's transition toward more gold revenue

Americas Gold and Silver CEO Darren Blasutti gives an update on

the Relief Canyon mine in Nevada and the latest news on
the blockade at their Cosala mine in Mexico.


https://www.bnnbloomberg.ca/investing/video/pdac-americas-gold-silver-s-transition-toward-more-gold-revenue~1914748


https://www.americas-gold.com/investors/presentations/


https://www.americas-gold.com/site/assets/files/5628/fact20210303.pdf

https://www.americas-gold.com/

https://www.americas-gold.com/investors/upcoming-events/

Legend Pierre Lassonde Has Been Aggressively Buying This Mining Stock, His Top Pick For 2021
February 23, 2021


https://kingworldnews.com/pierre-lassonde-has-been-aggressively-buying-this-mining-stock-his-top-pick-for-2021/

In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif



Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Legend Pierre Lassonde Has Been Aggressively Buying This Mining Stock, His Top Pick For 2021
February 23, 2021


https://kingworldnews.com/pierre-lassonde-has-been-aggressively-buying-this-mining-stock-his-top-pick-for-2021/


Legend Pierre Lassonde Has Been Aggressively Buying This Mining Stock, His Top Pick For 2021

Legend Pierre Lassonde has been aggressively buying this mining stock, his top pick for 2021. Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, former Chairman of the World Gold Council and former Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.

Great Value In Mining Stocks
Eric King: “Pierre, some of these large cap mining stocks have become value plays. And there is even more value as you start to go down the line, particularly into some of the smaller stocks. We invest alongside each other and we have been buying a company called America’s Gold & Silver. I invested 7 figures into that (stock), Pierre, and I know you own 5% of the company.”



America’s Gold & Silver: All Of The Upside For Free
Pierre Lassonde: “In the mid-cap (mining stock space) there are a number of stocks that I really like. And I like stocks that have a lot of optionally values. Meaning that you are buying the existing asset but then you are getting all of the upside for free.

The Discovery Of A New Silver Zone
And America’s Gold & Silver (symbol USAS in the United States and USA in Canada) is one of those where if you look at the results that they’ve been putting out on their Galena property, the intercepts that they are seeing, and the discovery of the new silver zone in the hundreds of grams per tonne (800-900 grams per tonne silver), I mean it is fascinating, it is really interesting. Plus there is like 2%-5% copper on top of that. And so in terms of equivalent, you are looking at 40+ ounces of gold equivalent per tonne. Well that’s like $1,000+ per tonne material, like something the ‘old timers’ would see. Plus they are finally getting good results at Relief Canyon — their gold project.



Unlocking Value
And it looks like they are finally going to get started back in Mexico. They are getting agreements done with all of the various parties. They are finally getting that sorted out with the help of the federal government. So things are finally coming together and the stock is selling for less than .4 NAV (Net Asset Value). Well, I love buying a thing for 40 cents on the dollar and then being able to sell them at full (plus rising) NAV. And that’s why I’ve been saying to you that it’s a great deal and why I’ve been picking up stock in the market. And yes, I do own about 5% of the company.”

MUST LISTEN: In this audio interview Pierre Lassonde shares with KWN listeners around the world what they should be doing with their money right now in the gold and silver sector as well as discussing where the price of gold is headed and why he is so bullish and you can listen to the interview by CLICKING HERE OR ON THE IMAGE BELOW.

Montanore thanks; Legend Pierre Lassonde Has Been Aggressively Buying This Mining Stock, His Top Pick For 2021
February 23, 2021


https://kingworldnews.com/pierre-lassonde-has-been-aggressively-buying-this-mining-stock-his-top-pick-for-2021/


Legend Pierre Lassonde Has Been Aggressively Buying This Mining Stock, His Top Pick For 2021

Legend Pierre Lassonde has been aggressively buying this mining stock, his top pick for 2021. Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, former Chairman of the World Gold Council and former Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.

Great Value In Mining Stocks
Eric King: “Pierre, some of these large cap mining stocks have become value plays. And there is even more value as you start to go down the line, particularly into some of the smaller stocks. We invest alongside each other and we have been buying a company called America’s Gold & Silver. I invested 7 figures into that (stock), Pierre, and I know you own 5% of the company.”



America’s Gold & Silver: All Of The Upside For Free
Pierre Lassonde: “In the mid-cap (mining stock space) there are a number of stocks that I really like. And I like stocks that have a lot of optionally values. Meaning that you are buying the existing asset but then you are getting all of the upside for free.

The Discovery Of A New Silver Zone
And America’s Gold & Silver (symbol USAS in the United States and USA in Canada) is one of those where if you look at the results that they’ve been putting out on their Galena property, the intercepts that they are seeing, and the discovery of the new silver zone in the hundreds of grams per tonne (800-900 grams per tonne silver), I mean it is fascinating, it is really interesting. Plus there is like 2%-5% copper on top of that. And so in terms of equivalent, you are looking at 40+ ounces of gold equivalent per tonne. Well that’s like $1,000+ per tonne material, like something the ‘old timers’ would see. Plus they are finally getting good results at Relief Canyon — their gold project.



Unlocking Value
And it looks like they are finally going to get started back in Mexico. They are getting agreements done with all of the various parties. They are finally getting that sorted out with the help of the federal government. So things are finally coming together and the stock is selling for less than .4 NAV (Net Asset Value). Well, I love buying a thing for 40 cents on the dollar and then being able to sell them at full (plus rising) NAV. And that’s why I’ve been saying to you that it’s a great deal and why I’ve been picking up stock in the market. And yes, I do own about 5% of the company.”

MUST LISTEN: In this audio interview Pierre Lassonde shares with KWN listeners around the world what they should be doing with their money right now in the gold and silver sector as well as discussing where the price of gold is headed and why he is so bullish and you can listen to the interview by CLICKING HERE OR ON THE IMAGE BELOW.

Seeking Alpha Article by Don Durrett

Here is a link to an article - How to Ride this PM Bull Market to the Top -
by Don Durrett. America's Gold & Silver is one of the top companies he
recommended to be invested in during this run.

The link to the article can be found below.

How To Ride This Precious Metals Bull Market To The Top
https://seekingalpha.com/article/4376036-how-to-ride-this-precious-metals-bull-market-to-top

Americas Gold And Silver Provides Update On Relief Canyon
Americas Gold and Silver Corporation Logo (PRNewsfoto/Americas Gold and Silver)
NEWS PROVIDED BY

Americas Gold and Silver Corporation
Sep 10, 2020, 07:00 ET

SHARE THIS ARTICLE

https://www.prnewswire.com/news-releases/americas-gold-and-silver-provides-update-on-relief-canyon-301127087.html

TORONTO, Sept. 10, 2020 /PRNewswire/ -- Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company"), a growing North American precious metals producer, today provides an update on the ramp-up of the Relief Canyon mine toward commercial production.

Highlights

Since placing first ore on the 6W leach pad on August 4, 2020, leach solution grade coming from the pad has increased significantly and is operating within expected norms.
Continued improvements to operating practices will improve consistency of heap performance and reduce operating costs.
Commercial production remains targeted for Q4-2020.
"The Company is thrilled to report that the new section of the leach pad is operating according to plan" stated Americas President and CEO Darren Blasutti. "Leach solution grade has bumped up nicely which bodes well for continued increases in gold production and a strong finish to the year. We remain committed to declaring commercial production before the new year."

On August 4, 2020, the Company began stacking higher-grade ore from lower levels of the pit and applied revised and improved operating practices. Based on a month of operating data, the Company is pleased to report that the leach solution grade from the pad has significantly increased and modelled leach recovery is trending towards feasibility levels.

As highlighted previously, the operation is currently employing a temporary stacker with a capacity of approximately 8,000 tonnes per day. With the reduced stacking rate, the Company is taking the opportunity to prioritize waste stripping as the operation currently has a large run of mine ore stockpile of over 200,000 tons. With the increased waste stripping, the Company will have added operational flexibility to optimize production moving forward. The return of the radial stacker, with a capacity of 16,000 tonnes per day, is scheduled for mid-Q4-2020.

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth, precious metals mining company with multiple assets in North America. The Company's newest asset, the Relief Canyon mine in Nevada, USA, has poured first gold and is expected to ramp up to full production over the course of 2020. The Company also owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company has completed the outstanding option acquisition agreement for the San Felipe development project in Sonora, Mexico, subject to closing conditions. For further information, please see SEDAR or www.americas-gold.com.

For more information:

Stefan Axell

Darren Blasutti

VP, Corporate Development & Communications

President and CEO

Americas Gold and Silver Corporation

Americas Gold and Silver Corporation

416-874-1708

416–848–9503

Qualified Persons

Daren Dell, Chief Operating Officer, who is an employee of the Company and a "qualified person" under National Instrument 43-101, has approved the applicable contents of this news release.

Cautionary Statement on Forward-Looking Information:

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Gold and Silver's expectations, intentions, plans, assumptions and beliefs with respect to, among other things, estimated production rates and results for gold, silver and other precious metals, as well as the related costs, expenses and capital expenditures, the Company's construction, production, development plans and performance expectations at the Relief Canyon Mine, its ability to finance, develop and operate Relief Canyon, including the anticipated timing of commercial production at Relief Canyon. Often, but not always, forward-looking information can be identified by forward-looking words such as "anticipate", "believe", "expect", "goal", "plan", "intend", "potential', "estimate", "may", "assume" and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas Gold and Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas Gold and Silver to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Gold and Silver, these risks and uncertainties include risks relating to widespread epidemics or pandemic outbreak including the COVID-19 pandemic; the impact of COVID-19 on our workforce, suppliers and other essential resources and what effect those impacts, if they occur, would have on our business, including our ability to access goods and supplies, the ability to transport our products and impacts on employee productivity, the risks in connection with the operations, cash flow and results of the Company relating to the unknown duration and impact of the COVID-19 pandemic; interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction, bring to production and operate the Relief Canyon Project; and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations or disruptions, social and political developments and other risks of the mining industry. The potential effects of the COVID-19 pandemic on our business and operations are unknown at this time, including the Company's ability to manage challenges and restrictions arising from COVID-19 in the communities in which the Company operates and our ability to continue to safely operate and to safely return our business to normal operations. The impact of COVID-19 on the Company is dependent on a number of factors outside of its control and knowledge, including the effectiveness of the measures taken by public health and governmental authorities to combat the spread of the disease, global economic uncertainties and outlook due to the disease, and the evolving restrictions relating to mining activities and to travel in certain jurisdictions in which it operate. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward–looking information is available in Americas Gold and Silver's filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas Gold and Silver does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas Gold and Silver does not give any assurance (1) that Americas Gold and Silver will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward–looking information concerning Americas Gold and Silver are expressly qualified in their entirety by the cautionary statements above.

SOURCE Americas Gold and Silver Corporation


Related Links
http://www.americas-gold.com

Also from this source

Americas Gold And Silver Announces Significant Increase To Galena ...

Americas Gold And Silver Corporation Reports Second Quarter 2020...
Explore
More news releases in similar topics

Mining & Metals
Mining
Accounting News & Issues
Contact PR Newswire
888-776-0942
from 8 AM - 9 PM ET

Contact Us

Gold & Silver bulls starting to break out > ^ > ^ > ^

https://www.youtube.com/watch?time_continue=5&v=RDZQoQ61RrY&feature=emb_logo


In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Gold and Silver Announces Closing of C$39.4 Million Bought Deal Financing
CNW GroupSeptember 4, 2020
TORONTO, Sept. 4, 2020 /PRNewswire/ --

Americas Gold and Silver Corporation (the "Company") (TSX: USA;
NYSE American: USAS) is pleased to announce that it has closed its
previously announced and upsized bought deal financing with a syndicate
of underwriters co-led by Desjardins Capital Markets and Cormark
Securities Inc., and including Stifel GMP, Clarus Securities Inc., and
Laurentian Bank Securities Inc., (collectively the "Underwriters").
A total of 10,204,510 common shares of the Company (the "Common
Shares"), including the partial exercise of the over-allotment option
by the Underwriters, were sold at a price of C$3.86 per Common Share,
for aggregate gross proceeds to the Company of C$39,389,409 (the
"Offering").

The net proceeds from the sale of the Common Shares will be used for the exploration, development and/or improvement of the Company's existing mine properties, including those relating to bringing Relief Canyon into commercial production and for working capital and general corporate purposes, as detailed in the Prospectus (as defined below).

The Offering was made pursuant to a short form prospectus (the "Prospectus") dated August 31, 2020 filed in all the provinces of Canada excluding Quebec. A copy of the Prospectus is available under the Company's profile on SEDAR at www.sedar.com.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or under any U.S. state securities laws, and may not be offered, sold, directly or indirectly, or delivered within the "United States" or to, or for the account or benefit of, persons in the "United States" or "U.S. persons" (as such terms are defined in Regulation S under the U.S. Securities Act) except in certain transactions exempt from the registration requirements of the U.S. Securities Act and all applicable U.S. state securities laws. This release does not constitute an offer to sell or a solicitation of an offer to buy such securities in the United States, Canada or in any other jurisdiction where such offer, solicitation or sale is unlawful.

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America. The Company's newest asset, the Relief Canyon mine in Nevada, USA, has poured first gold and is expected to ramp up to full production over the course of 2020. The Company also owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company has recently completed the outstanding option acquisition agreement for the San Felipe development project in Sonora, Mexico, subject to closing conditions. For further information, please see SEDAR or www.americas-gold.com.

For more information:

Stefan Axell

Darren Blasutti

VP, Corporate Development & Communications

President and CEO

Americas Gold and Silver Corporation

Americas Gold and Silver Corporation

416-874-1708

416–848–9503

Cautionary Statement on Forward-Looking Information:

This press release contains certain statements that constitute forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"), which reflects management's expectations regarding the Company's future growth and business prospects and opportunities. Forward-looking statements include, without limitation, including the anticipated use of proceeds of the Offering, and possible events, conditions or results of operations, future economic conditions expectations and anticipated courses of action, including the Company's ability to finance, develop, achieve commercial production at and operate Relief Canyon and the expected timing and completion of the Company's exercise of its option to acquire the San Felipe development project. Although the forward-looking statements contained in this press release reflect management's current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, such forward-looking statements are based upon assumptions, opinions and analysis that management believes to be reasonable and relevant but that may prove to be incorrect. The Company cautions you not to place undue reliance upon any such forward-looking statements.





Americas Gold and Silver Corporation TSE:USA
Alternate Symbol(s): USAS


CORPORATE PRESENTATION JULY 2020

https://www.americas-gold.com/site/assets/files/5498/presentation20200805.pdf

https://www.americas-gold.com/

Relief Canyon





Mining in Nevada

Nevada has the second largest gold reserves in the world. It has 23 major gold mines, produces five million ounces of gold annually, and has produced more than 152 million gold ounces since 1835. Nevada has a stable tax regime, robust legal framework, streamlined permitting process, nearby infrastructure and unparalleled access to qualified labor. It is ranked by the Fraser Institute as the fourth most mining friendly jurisdiction in the world.

Relief Canyon Mine and Processing Facility

The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Americas Gold and Silver is currently permitted to begin mining and processing at Relief Canyon under the existing Plan of Operations.

Americas Gold and Silver's landholdings cover approximately 25,000 acres that include the Relief Canyon Mine asset and lands surrounding the mine in all directions. This land package provides Americas Gold and Silver with the opportunity to expand the Relief Canyon deposit and to explore and make new discoveries on nearby lands.

The existing gold recovery plant has the capacity to handle three thousand gallons per minute of gold bearing solution. The leach pad is permitted to hold 21 million tons and can be readily expanded. A crushing and conveying system will be constructed to allow ore placement of over 6 million tons per year. The facility is conveniently situated to process ore from future discoveries of satellite deposits.

Relief Canyon is situated at the southern edge of the Pershing Gold and Silver trend along the Humboldt Range. It is approximately 95 miles northeast of Reno, Nevada. Electricity is available on the property, and water is available from two wells located east of the processing plant. The City of Lovelock is located approximately 19 miles by road west-southwest of Relief Canyon.

Permitting

Currently, Americas Gold and Silver has all state and federal permits necessary to begin mining and heap leach processing operations. Americas Gold and Silver is following a two-phase approach for project permitting. Phase I, which has been approved, is the re-purposing of previously approved disturbance for expanded mining to a pit bottom elevation of 5,080 feet, partial backfilling of the pit to eliminate formation of a pit lake, expanded exploration operations, full build-out of the heap leach pad to accommodate leaching of the Phase I ore, and construction of a new waste rock storage facility. This phase will carry the project through the first 30 months of operation. During this period the Company will pursue approval of the Phase II permits to allow production from the entire reserve. The key aspects of this phase involve further pit expansion and formation of a pit lake upon closure (i.e. no backfilling required). Technical data supporting the Phase II permit was submitted in June 2018 and accepted as complete in February 2019. It is anticipated that the Phase II permitting process will conclude in the second half of 2020.

Processing

The Relief Canyon mine has proven production history to show the ore is amenable to cyanide heap leach processing. More recent metallurgical test work on drill core and bulk samples has confirmed the viability of heap leach processing for additional resources identified within the proposed pit. The metallurgical test work covers all three distinct mineralized zones identified in geological modeling; Main, Lower, and Jasperoid.

The planned processing method is heap leach cyanidation of primary crushed ore (80% passing three inch) that has been agglomerated using cement and conveyor stacked in 20-foot lifts. The primary leach cycle lasts approximately 130 days.

The column-leach and permeability tests indicate that agglomeration is required in order to achieve hydraulic conductivity and a corresponding gold recovery on a consistent basis. There is also evidence that blending of low and high fines content material will aid hydraulic conductivity.





The Best Investment Advice by Warren Buffett & Charlie Munger | BerkshireHathaway 1999
397 views•Aug 16, 2020

https://www.youtube.com/watch?v=dwNq4btMVug


Below is an article showing Warren Buffett’s new investment strategy!! Big moves ahead!! GPL is positioned well for growth as metals prices soar to new highs!!
————————————————-
Warren Buffett’s group pares back holdings in Wells Fargo, JPMorgan, PNC and Goldman Sachs

Warren Buffett, through Berkshire Hathaway, is one of the single-biggest individual shareholders in US banks © REUTERS

August 14, 2020 10:43 pm by Eric Platt and Robert Armstrong in New York
Warren Buffett’s Berkshire Hathaway significantly cut its stakes in some
of the largest US banks in the second quarter, selling billions of
dollars worth of stock in Wells Fargo, JPMorgan Chase and other
financial institutions.

Berkshire Hathaway disclosed on Friday it had sold 85.6m shares of Wells
Fargo in the quarter, reducing its stake from 7.9 per cent to 5.8 per
cent of the lender, according to a filing with US securities
regulators. Berkshire also sold 35.5m shares of JPMorgan, lowering its
stake to 0.7 per cent from 1.9 per cent, and a substantial minority of
its longtime holding PNC Financial.

Mr Buffett sold the last of his financial crisis-era investment in
Goldman Sachs in the quarter, which was worth just under $300m at the
end of March. He cut Berkshire’s stakes in M & T Bank, Bank of New York
Mellon, US Bancorp, Mastercard and Visa as well. In total, including
both financial and non-financial stocks, Berkshire dumped $12.8bn worth
of shares in the quarter.

Through Berkshire, Mr Buffett is one of the single-biggest shareholders
in US banks and his decision to pare back his exposure will be parsed
by investors globally, especially given the timing.


The Great Panther Turnaround Story - Great silver & gold story -

https://seekingalpha.com/article/4368739-great-panther-turnaround-story?utm_medium=email&utm_source=seeking_alpha&mail_subject=gpl-the-great-panther-turnaround-story&utm_campaign=rta-stock-article&utm_content=link-0


The Return of the Gold Standard (This is WHEN and HOW it comes back!)
31,918 views•Aug 5, 2020





https://www.youtube.com/watch?v=8mlZWFxDiBY


XRP and GOLD - Will Donald Trump free us from the FED? Are we headed
to a gold standard?
11,545 views •Premiered Aug 6, 2020





https://www.youtube.com/watch?v=e0Lvq72AXXE


Gold rising to $4,000 an ounce ‘would not be an unreasonable move,’ fund manager says
Published: Aug. 8, 2020 at 4:44 p.m. ET





https://www.marketwatch.com/story/gold-rising-to-4000-an-ounce-would-not-be-an-unreasonable-move-fund-manager-says-2020-08-06?mod=home-page


Any fund controlled by banks - I am scared for to have any savings in -
what's your opinion - all opinions appreciated -
thanks in advance -

E.g.,
Great Minds: Ellen Brown - Did You Know Banks Can Take Your Money in A Crisis? VIDEO

This is Our Money!!! A Must Watch ...



https://www.youtube.com/watch?v=eSRPvMxIAb0&feature=youtu.be

good message - by Shermann

Btw.
I prefer hard rock safety mines ex.... )


Gold & Silver bulls starting to break out > ^ > ^ > ^







In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Gold and Silver Corporation TSE:USA
Alternate Symbol(s): USAS


CORPORATE PRESENTATION JULY 2020

https://www.americas-gold.com/site/assets/files/5498/presentation20200805.pdf

https://www.americas-gold.com/

Relief Canyon





Mining in Nevada

Nevada has the second largest gold reserves in the world. It has 23 major gold mines, produces five million ounces of gold annually, and has produced more than 152 million gold ounces since 1835. Nevada has a stable tax regime, robust legal framework, streamlined permitting process, nearby infrastructure and unparalleled access to qualified labor. It is ranked by the Fraser Institute as the fourth most mining friendly jurisdiction in the world.

Relief Canyon Mine and Processing Facility

The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Americas Gold and Silver is currently permitted to begin mining and processing at Relief Canyon under the existing Plan of Operations.

Americas Gold and Silver's landholdings cover approximately 25,000 acres that include the Relief Canyon Mine asset and lands surrounding the mine in all directions. This land package provides Americas Gold and Silver with the opportunity to expand the Relief Canyon deposit and to explore and make new discoveries on nearby lands.

The existing gold recovery plant has the capacity to handle three thousand gallons per minute of gold bearing solution. The leach pad is permitted to hold 21 million tons and can be readily expanded. A crushing and conveying system will be constructed to allow ore placement of over 6 million tons per year. The facility is conveniently situated to process ore from future discoveries of satellite deposits.

Relief Canyon is situated at the southern edge of the Pershing Gold and Silver trend along the Humboldt Range. It is approximately 95 miles northeast of Reno, Nevada. Electricity is available on the property, and water is available from two wells located east of the processing plant. The City of Lovelock is located approximately 19 miles by road west-southwest of Relief Canyon.

Permitting

Currently, Americas Gold and Silver has all state and federal permits necessary to begin mining and heap leach processing operations. Americas Gold and Silver is following a two-phase approach for project permitting. Phase I, which has been approved, is the re-purposing of previously approved disturbance for expanded mining to a pit bottom elevation of 5,080 feet, partial backfilling of the pit to eliminate formation of a pit lake, expanded exploration operations, full build-out of the heap leach pad to accommodate leaching of the Phase I ore, and construction of a new waste rock storage facility. This phase will carry the project through the first 30 months of operation. During this period the Company will pursue approval of the Phase II permits to allow production from the entire reserve. The key aspects of this phase involve further pit expansion and formation of a pit lake upon closure (i.e. no backfilling required). Technical data supporting the Phase II permit was submitted in June 2018 and accepted as complete in February 2019. It is anticipated that the Phase II permitting process will conclude in the second half of 2020.

Processing

The Relief Canyon mine has proven production history to show the ore is amenable to cyanide heap leach processing. More recent metallurgical test work on drill core and bulk samples has confirmed the viability of heap leach processing for additional resources identified within the proposed pit. The metallurgical test work covers all three distinct mineralized zones identified in geological modeling; Main, Lower, and Jasperoid.

The planned processing method is heap leach cyanidation of primary crushed ore (80% passing three inch) that has been agglomerated using cement and conveyor stacked in 20-foot lifts. The primary leach cycle lasts approximately 130 days.

The column-leach and permeability tests indicate that agglomeration is required in order to achieve hydraulic conductivity and a corresponding gold recovery on a consistent basis. There is also evidence that blending of low and high fines content material will aid hydraulic conductivity.





The Best Investment Advice by Warren Buffett & Charlie Munger | BerkshireHathaway 1999
397 views•Aug 16, 2020

https://www.youtube.com/watch?v=dwNq4btMVug


Below is an article showing Warren Buffett’s new investment strategy!! Big moves ahead!! GPL is positioned well for growth as metals prices soar to new highs!!
————————————————-
Warren Buffett’s group pares back holdings in Wells Fargo, JPMorgan, PNC and Goldman Sachs

Warren Buffett, through Berkshire Hathaway, is one of the single-biggest individual shareholders in US banks © REUTERS

August 14, 2020 10:43 pm by Eric Platt and Robert Armstrong in New York
Warren Buffett’s Berkshire Hathaway significantly cut its stakes in some
of the largest US banks in the second quarter, selling billions of
dollars worth of stock in Wells Fargo, JPMorgan Chase and other
financial institutions.

Berkshire Hathaway disclosed on Friday it had sold 85.6m shares of Wells
Fargo in the quarter, reducing its stake from 7.9 per cent to 5.8 per
cent of the lender, according to a filing with US securities
regulators. Berkshire also sold 35.5m shares of JPMorgan, lowering its
stake to 0.7 per cent from 1.9 per cent, and a substantial minority of
its longtime holding PNC Financial.

Mr Buffett sold the last of his financial crisis-era investment in
Goldman Sachs in the quarter, which was worth just under $300m at the
end of March. He cut Berkshire’s stakes in M & T Bank, Bank of New York
Mellon, US Bancorp, Mastercard and Visa as well. In total, including
both financial and non-financial stocks, Berkshire dumped $12.8bn worth
of shares in the quarter.

Through Berkshire, Mr Buffett is one of the single-biggest shareholders
in US banks and his decision to pare back his exposure will be parsed
by investors globally, especially given the timing.


The Great Panther Turnaround Story - Great silver & gold story -

https://seekingalpha.com/article/4368739-great-panther-turnaround-story?utm_medium=email&utm_source=seeking_alpha&mail_subject=gpl-the-great-panther-turnaround-story&utm_campaign=rta-stock-article&utm_content=link-0


The Return of the Gold Standard (This is WHEN and HOW it comes back!)
31,918 views•Aug 5, 2020





https://www.youtube.com/watch?v=8mlZWFxDiBY


XRP and GOLD - Will Donald Trump free us from the FED? Are we headed
to a gold standard?
11,545 views •Premiered Aug 6, 2020





https://www.youtube.com/watch?v=e0Lvq72AXXE


Gold rising to $4,000 an ounce ‘would not be an unreasonable move,’ fund manager says
Published: Aug. 8, 2020 at 4:44 p.m. ET





https://www.marketwatch.com/story/gold-rising-to-4000-an-ounce-would-not-be-an-unreasonable-move-fund-manager-says-2020-08-06?mod=home-page


Any fund controlled by banks - I am scared for to have any savings in -
what's your opinion - all opinions appreciated -
thanks in advance -

E.g.,
Great Minds: Ellen Brown - Did You Know Banks Can Take Your Money in A Crisis? VIDEO

This is Our Money!!! A Must Watch ...



https://www.youtube.com/watch?v=eSRPvMxIAb0&feature=youtu.be

good message - by Shermann

Btw.
I prefer hard rock safety mines ex.... )


Gold & Silver bulls starting to break out > ^ > ^ > ^







In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Gold and Si (USA)
4.13 ? -0.37 (-8.22%)
Volume: 347,198 @08/11/20 12:56:05 PM EDT
Bid Ask Day's Range
4.12 4.13 4.09 - 4.31
TSX:USA Detailed Quote

Americas Gold and Si (USA)
3.41 ? -0.05 (-1.45%)
Volume: 113,122 @07/03/20 4:00:00 PM EDT
Bid Ask Day's Range
3.41 3.5 3.4 - 3.47
TSX:USA Detailed Quote

Someone is eager to get it lower @ end of day -

Americas Gold and Si (USA)
3.18 ? -0.19 (-5.64%)
Volume: 442,615 @06/11/20 1:18:27 PM EDT
Bid Ask Day's Range
3.18 3.19 3.14 - 3.38
TSX:USA Detailed Quote

Americas Gold and Silver Announces Closing of C$28.75 Million Bought Deal Financing


https://www.americas-gold.com/news-releases/2020/americas-gold-and-silver-announces-closing-of-c-28.75-million-bought-deal-financing/


TORONTO, ONTARIO - May 13, 2020 -

Americas Gold and Silver Corporation (“the “Company”) (TSX:USA; NYSE American: USAS) is pleased to announce that it has closed its previously announced bought deal financing with a syndicate of underwriters co-led by Cormark Securities Inc. and Desjardins Capital Markets (collectively, the “Underwriters”). A total of 10,269,500 common shares of the Company (the “Common Shares”), including the exercise of the over-allotment option in full by the Underwriters, were sold at a price of C$2.80 per Common Share, for aggregate gross proceeds to the Company of C$28,754,600 (the “Offering”).

The net proceeds from the sale of the Common Shares will be used for working capital and general corporate purposes, primarily the exploration, development and/or improvement of the Company’s existing mine properties, including those relating to bringing Relief Canyon into commercial production.

The Offering was made by way of a prospectus supplement dated May 7, 2020 (the “Prospectus Supplement”) to the Company’s base shelf prospectus dated June 28, 2019 (the “Base Shelf Prospectus”). The Prospectus Supplement was filed in Alberta, British Columbia and Ontario and, together with the related Base Shelf Prospectus, are available on SEDAR at www.sedar.com.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or under any U.S. state securities laws, and may not be offered, sold, directly or indirectly, or delivered within the “United States” or to, or for the account or benefit of, persons in the “United States” or “U.S. persons” (as such terms are defined in Regulation S under the U.S. Securities Act) except in certain transactions exempt from the registration requirements of the U.S. Securities Act and all applicable U.S. state securities laws. This release does not constitute an offer to sell or a solicitation of an offer to buy such securities in the United States, Canada or in any other jurisdiction where such offer, solicitation or sale is unlawful.

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America. The Company’s newest asset, Relief Canyon in Nevada, USA, has poured first gold and is expected to ramp up to full production over the course of 2020. The Company also owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

For more information:

Stefan Axell
VP, Corporate Development & Communications
Americas Gold and Silver Corporation
416-874-1708

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

Cautionary Statement on Forward-Looking Information:

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws ("forward-looking statements"), which reflects management's expectations regarding the Company's future growth and business prospects and opportunities. Forward-looking statements include, without limitation, the anticipated use of proceeds of the Offering, and possible events, conditions or results of operations, future economic conditions expectations and anticipated courses of action. Although the forward-looking statements contained in this press release reflect management's current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, such forward-looking statements are based upon assumptions, opinions and analysis that management believes to be reasonable and relevant but that may prove to be incorrect. The Company cautions you not to place undue reliance upon any such forward-looking statements.

The risks and uncertainties that may affect forward-looking statements include, among others: the inherent risks involved in exploration and development of mineral properties, including government approvals and permitting, changes in economic conditions, state of the financial markets, changes in the worldwide price of gold and other key inputs, changes in mine plans and other factors, the impact of the novel coronavirus (COVID-19), such as project execution delays, many of which are beyond the control of the Company, as well as other risks and uncertainties which are more fully described in the Company's Annual Information Form dated March 9, 2020 and in other filings of the Company with securities and regulatory authorities which are available on SEDAR at www.sedar.com. The Company does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change. Nothing in this document should be construed as either an offer to sell or a solicitation to buy or sell the Company securities. All references to the Company include its subsidiaries unless the context requires otherwise.

Americas Gold and Silver Corporation Reports First Quarter 2020 Results
TORONTO, ONTARIO - May 15, 2020 - Americas Gold and Silver Corporation (“Americas” or the “Company”) (TSX: USA; NYSE American: USAS), a growing North American precious metals producer, today reported consolidated financial and operational results for the first quarter of 2020.

https://www.americas-gold.com/news-releases/2020/americas-gold-and-silver-corporation-reports-first-quarter-2020-results/

This earnings release should be read in conjunction with the Company’s Management’s Discussion and Analysis, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on the Americas Gold and Silver Corporation SEDAR profile at www.sedar.com, on its EDGAR profile at www.sec.gov, and are also available on the Company’s website at www.americas-gold.com. All figures are in U.S. dollars unless otherwise noted.

Operational and First Quarter Financial Highlights

Relief Canyon continues to ramp-up following first gold pour in February and the Company is focused on achieving commercial production by late Q2-2020 or early Q3-2020.
Subsequent to Q1-2020, the Company closed a bought deal public offering for gross proceeds of approximately C$28.75 million which provides the Company with available capital to address working capital needs including bringing Relief Canyon into commercial production, particularly in the COVID-19 environment.
As a result of Relief Canyon being in pre-commercial production, the Cosalá Operations producing for less than a month during the quarter, and the exclusion of operating metrics from the Galena Complex during the Galena recapitalization plan (“Recapitalization Plan”), Q1-2020 revenue was $7.3 million resulting in a net loss of $4.1 million or ($0.03) per share.
Cosalá production for the first 26 days of Q1-2020 yielded 420 gold equivalent ounces[1] or 0.3 million silver equivalent ounces[2] at cost of sales of $7.19/oz equivalent silver, by-product cash cost[3] of negative ($11.32/oz) silver, and all-in sustaining cost3 of negative ($0.83/oz) silver.
The Galena Recapitalization Plan is proceeding better than expected with the Company seeing both increased production and encouraging exploration results.
Outlook for 2021 continues to be 90,000 to 110,000 gold equivalent ounces at expected all-in sustaining costs[4] of $900 to $1,100 per gold equivalent ounce.
At March 31, 2020, the Company had a cash balance of approximately $16.4 million.
The Company has chosen not to host a conference call to discuss the Q1-2020 results given the limited production and the extensive operations update released on May 4, 2020. The Company will resume the quarterly conference calls following its Q2-2020 results.
“The Company is in a great position to benefit from the strong gold price environment moving forward as we addressed common start-up challenges at Relief Canyon and it continues to ramp-up” said Americas President & CEO Darren Blasutti. “All operating aspects at Relief Canyon are trending positively, the Cosalá Operations should be able to resume production early in the second half of 2020 as we have had several encouraging developments in Mexico and the Galena Recapitalization Plan is proceeding better than expected. The recently completed financing provides the Company with sufficient working capital to bring Relief Canyon to commercial production.”

Relief Canyon

The Company issued a press release on May 4, 2020 providing details of the Relief Canyon ramp-up. The Company continues to target commercial production by late Q2-2020 or early Q3-2020 and will be providing more regular updates regarding the operation between now and then.

Since the start of pre-production, approximately 5.2 million tonnes of material have been mined, including 4.2 million tonnes of waste and 1.0 million tonnes of ore. Waste movement is ahead of budget and the operation currently has an ore stockpile of approximately 0.2 million tonnes ahead of the crusher waiting to be placed on the leach pad.

Approximately 0.8 million tonnes of ore have been stacked on the leach pad. Solution flow rates from the pad have continued to increase since the update on May 4, 2020 as the surface area available for leach irrigation has increased.

Cosalá Operations

The Cosalá Operations operated for the first 26 days of the quarter as the operation was negatively impacted by the previously announced illegal blockade since the end of January 2020. As a result, operating results year-over-year were negatively impacted and not generally comparable.



On March 31, 2020, the Government of Mexico issued a national COVID-19 related decree for the temporary suspension of all non-essential businesses in the country, including all mining operations. This week the Government of Mexico issued a number of statements that are expected to allow for the re-opening of mining operations starting in June 2020. The Company believes this will provide a pathway for the Cosalá Operations to resume production early in the second half of 2020, including a legal and legitimate labour representative for its workers, allowing for a resolution to the current illegal blockade. The Company’s priority continues to be the safety of its workers and the community of Cosalá that have been negatively impacted – first by the illegal blockade and now by COVID-19.

Galena Complex

In addition to providing an update regarding the ramp-up of Relief Canyon, the Company also provided an extensive update regarding the Galena Recapitalization Plan in the May 4, 2020 update, including information regarding the rehabilitation development , equipment purchases, and early drill results from the 39,000-meter drill program.

The Company has suspended disclosure of certain operating metrics such as cash costs, and all-in sustaining costs for the Galena Complex until the Recapitalization Plan is substantially completed; the Galena Complex results are not included in the Consolidated Results.



Consolidated Financial and Consolidated Production[5] Results

Consolidated operating results from Q1-2020 are generally not comparable to Q1-2019 due to the illegal blockade temporarily halting mining and processing at the Cosalá Operations, and the exclusion of operating results from the Galena Complex as a result of the Recapitalization Plan. Consolidated operating results include only 26 days of production from the Cosalá Operations.

Gross revenue decreased by $10.5 million during Q1-2020 compared to Q1-2019 primarily due to the illegal blockade. This decrease was offset by a $0.9 million increase in silver and lead revenue at the Galena Complex from increased production in the early stages of the Recapitalization Plan.

Consolidated cost of sales was $7.19/oz equivalent silver representing an increase year-over-year, while by-product cash cost was negative ($11.32/oz) silver, and all-in sustaining cost was negative ($0.83/oz) silver, representing increases year-over-year, respectively.

Further information concerning the consolidated and individual mine operations is included in the Company’s first quarter Condensed Interim Consolidated Financial Statements for the three months ended March 31, 2020 and Management’s Discussion and Analysis for the three months ended March 31, 2020.

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America. The Company’s newest asset, Relief Canyon in Nevada, USA, has poured first gold and is expected to ramp up to full production over the course of 2020. The Company also owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

Qualified Persons

Darren Dell, P.Eng., Chief Operating Officer and Niel de Bruin, Director of Geology, who are each employees of the Company and a “qualified person” under National Instrument 43-101, have approved the applicable contents of this news release.

For more information:

Stefan Axell
VP, Corporate Development & Communications
Americas Gold and Silver Corporation
416-874-1708

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Gold and Silver’s expectations, intentions, plans, assumptions and beliefs with respect to, among other things, estimated production rates and results for gold, silver and other precious metals, as well as the related costs, expenses and capital expenditures, the Company’s construction, production, development plans and performance expectations at the Relief Canyon Mine, , its ability to finance, develop and operate Relief Canyon, including the anticipated timing of commercial production at Relief Canyon, the resolution and removal of the illegal blockade at the Company’s Cosalá Operations and the resumption of mining and processing operations, the resolution, easing or removal of the temporary restrictions on all non-essential businesses in Mexico resulting from the COVID-19 pandemic affecting the Company’s Cosalá Operations, and the expected use of the net proceeds from the Company’s bought deal equity financing. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas Gold and Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas Gold and Silver to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Gold and Silver, these risks and uncertainties include risks relating to widespread epidemics or pandemic outbreak including the COVID-19 pandemic; the impact of COVID-19 on our workforce, suppliers and other essential resources and what effect those impacts, if they occur, would have on our business, including our ability to access goods and supplies, the ability to transport our products and impacts on employee productivity, the risks in connection with the operations, cash flow and results of the Company relating to the unknown duration and impact of the COVID-19 pandemic; interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction, bring to production and operate the Relief Canyon Project; and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations or disruptions, social and political developments and other risks of the mining industry. The potential effects of the COVID-19 pandemic on our business and operations are unknown at this time, including the Company’s ability to manage challenges and restrictions arising from COVID-19 in the communities in which the Company operates and our ability to continue to safely operate and to safely return our business to normal operations. The impact of COVID-19 on the Company is dependent on a number of factors outside of its control and knowledge, including the effectiveness of the measures taken by public health and governmental authorities to combat the spread of the disease, global economic uncertainties and outlook due to the disease, and the evolving restrictions relating to mining activities and to travel in certain jurisdictions in which it operate. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.


[1] Gold equivalent production throughout this press release was calculated based on the average gold spot metal prices and average silver realized metal prices during each respective period.

[2] Silver equivalent production throughout this press release was calculated based on all metals production at average gold spot prices, and average silver, zinc, and lead realized prices during each respective period.

[3] Cash cost per ounce and all-in sustaining cost per ounce are non-IFRS performance measures with no standardized definition. For further information and detailed reconciliations, please refer to the Company’s 2019 year-end and quarterly MD&A.

[4] Net of by-product zinc and lead credits assuming $1.05/lbs zinc and $0.90/lbs lead

[5] Throughout this press release, Q1-2020 consolidated production results exclude Q1-2020 from the Galena Complex due to the Recapitalization Plan.

2020
2019
2018
2017
2016
2015
2014
CORPORATE

Americas Gold and Silver Announces C$25 Million Bought Deal Public Offering
T.USA | 7 hours ago

TORONTO, May 5, 2020 /CNW/ - Americas Gold and Silver Corporation ("the "Company") (TSX:USA; NYSE American: USAS)
has today entered into an agreement with a syndicate of underwriters co-led by Cormark Securities Inc. and Desjardins Capital Markets (collectively, the "Underwriters") pursuant to which the Underwriters have agreed to purchase on a bought deal basis 8,930,000 common shares of the Company (the "Common Shares") at a price of C$2.80 per Common Share (the "Offering Price"), for aggregate gross proceeds of approximately C$25,000,000 (the "Offering").

The Company has also granted an option to the Underwriters, exercisable until 11:59 p.m. on the 30th day following the closing date of the Offering to purchase, from the Company such number of additional common shares of the Company as is equal to 15% of the number of common shares of the Company at the Offering Price for market stabilization purposes and to cover over-allotments, if any.

Strategic investors led by Pierre Lassonde and Eric Sprott have indicated that they intend to subscribe for such number of common shares from the offering totalling C$8.75 million.

The proceeds from the sale of the Common Shares will be used for working capital and general corporate purposes, which may include the exploration, development and/or improvement of the Company's existing mine properties, including those relating to bringing Relief Canyon into commercial production.

The Offering will be made by way of a prospectus supplement (the "Prospectus Supplement") to the Company's base shelf prospectus dated June 28, 2019. The Prospectus Supplement will be filed in Alberta, British Columbia and Ontario and, together with the related Base Shelf Prospectus, will be available on SEDAR at www.sedar.com.

Closing of the Offering is expected to take place on or about May 13, 2020 and is subject to the receipt of approvals of the Toronto Stock Exchange and the NYSE American LLC and other necessary regulatory approvals.

The securities to be offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or under any U.S. state securities laws, and may not be offered, sold, directly or indirectly, or delivered within the "United States" or to, or for the account or benefit of, persons in the "United States" or "U.S. persons" (as such terms are defined in Regulation S under the U.S. Securities Act) except in certain transactions exempt from the registration requirements of the U.S. Securities Act and all applicable U.S. state securities laws. This release does not constitute an offer to sell or a solicitation of an offer to buy such securities in the United States, Canada or in any other jurisdiction where such offer, solicitation or sale is unlawful.

Forward-Looking Statements

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws ("forward-looking statements"), which reflects management's expectations regarding the Company's future growth and business prospects and opportunities. Forward-looking statements include, without limitation, all disclosure regarding closing of the Offering, the anticipated use of proceeds of the Offering, and possible events, conditions or results of operations, future economic conditions expectations and anticipated courses of action. Although the forward-looking statements contained in this press release reflect management's current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, such forward-looking statements are based upon assumptions, opinions and analysis that management believes to be reasonable and relevant but that may prove to be incorrect. The Company cautions you not to place undue reliance upon any such forward-looking statements.

The risks and uncertainties that may affect forward-looking statements include, among others: the inherent risks involved in exploration and development of mineral properties, including government approvals and permitting, changes in economic conditions, state of the financial markets, changes in the worldwide price of gold and other key inputs, changes in mine plans and other factors, the impact of the novel coronavirus (COVID-19), such as project execution delays, many of which are beyond the control of the Company, as well as other risks and uncertainties which are more fully described in the Company's Annual Information Form dated March 9, 2020 and in other filings of the Company with securities and regulatory authorities which are available on SEDAR at www.sedar.com. The Company does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change. Nothing in this document should be construed as either an offer to sell or a solicitation to buy or sell the Company securities. All references to the Company include its subsidiaries unless the context requires otherwise.

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America. The Company's newest asset, Relief Canyon in Nevada, USA, has poured first gold and is expected to ramp up to full production over the course of 2020. The Company also owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

SOURCE Americas Gold and Silver Corporation




Cision View original content: http://www.newswire.ca/en/releases/archive/May2020/05/c8832.html

Stefan Axell, VP, Corporate Development & Communications, Americas Gold and Silver Corporation, 416-874-1708; Darren Blasutti, President and CEO, Americas Gold and Silver Corporation, 416-848-9503Copyright CNW Group 2020

Canada Newswire
May 5, 2020 - 4:34 AM PDT
Tags:
INDUSTRIAL METALS & MINERALS

Investing News
8.82K subscribers
At this year’s PDAC convention, the Investing News Network caught up with
Darren Blasutti, CEO of Americas Gold and Silver.
#PDAC2020 #Gold #Investing

https://www.americas-gold.com/site/assets/files/5414/presentation20200320.pdf

https://www.americas-gold.com/


In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Gold and Si (USA)
3.05 ? -0.08 (-2.56%)
Volume: 140,611 @04/30/20 10:47:03 AM EDT
Bid Ask Day's Range
3.04 3.05 3.02 - 3.13
TSX:USA Detailed Quote

Americas Gold and Silver: Gold to Rise Strongly, Equities to Follow

8,051 views•Mar 12, 2020





Investing News
8.82K subscribers
At this year’s PDAC convention, the Investing News Network caught up with
Darren Blasutti, CEO of Americas Gold and Silver.
#PDAC2020 #Gold #Investing

https://www.youtube.com/watch?v=Dv4Rj6nA0Ow&t=12s

https://www.americas-gold.com/site/assets/files/5414/presentation20200320.pdf

https://www.americas-gold.com/

Americas Gold and Silver Corporation
TSX Exchange | Mar 19, 2020, 3:26 PM EDT | Real-time price

logo
USA $ 2.19 RT
CHANGE
0.22 (11.168%)
VOLUME
442,345
Day Low: 1.85
Day High: 2.19
52 Week Low: 1.39
52 Week High: 5.20

Americas Gold And Silver Corporation Reports Full-Year 2019 Financial Results
T.USA | 1 day ago
TORONTO, March 9, 2020 /CNW/ --

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company"), a growing North American precious metals producer, today reported consolidated financial and operational results for the year ended December 31, 2019 and provided a general update on the operations.

This earnings release should be read in conjunction with the Company's Management's Discussion and Analysis, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on the Americas Gold and Silver Corporation SEDAR profile at www.sedar.com, on its EDGAR profile at www.sec.gov, and are also available on the Company's website at www.americas-gold.com. All figures are in U.S. dollars unless otherwise noted.

Year-End and Operational Highlights

Revenue of $58.4 million and net loss of $34.2 million for the full-year of 2019 or ($0.46) per share, a decrease of $10.0 million in revenue and an increase in net loss of $23.5 million compared to year-end of 2018. Adjusted net income1 was $23.3 million prior to one-time adjustments or ($0.30) per share
Previously reported year-end consolidated production2 of approximately 5.8 million silver equivalent ounces3 and 1.2 million silver ounces, representing decreases of 7% and 18% year-over-year to both silver equivalent ounces and silver ounces, respectively. Galena silver production for the fourth quarter was not included as a result of the start of the Recapitalization Plan accounting for the majority of the production decreases year-over-year.
Previously reported year-end consolidated cash costs4 of $4.61 per silver ounce and all-in sustaining costs4 of $12.71 per silver ounce, both representing increases year-over-year.
Successfully poured first gold in February 2020 at the Company's Relief Canyon mine in Nevada and completed initial construction estimated to be within the guidance of $28 - $30 million.
Mined tonnage at Relief Canyon is tracking ahead of schedule and the ore stacking rate is ramping up. To date, the operation has over 250,000 tonnes of ore placed on the leach pad with commercial production expected before the end of Q2-2020.
With the addition of Relief Canyon, precious metals production is expected to increase by over 300% in 2020 to 60,000 – 70,000 Gold Equivalent Ounces5 ("GEO") and by over 500% in 2021 to 90,000 – 110,000 GEOs compared to approximately 14,000 GEOs produced in 2019.
The Company has tremendous support from employees and contractors at the Cosalá Operations following the illegal blockade of the operations. The Company continues to actively engage with all levels of Government regarding the illegal blockade and hopes to resolve the dispute by the end of Q1-2020.
The Galena Complex Recapitalization Plan began in mid Q4-2019 and continues into 2021. The joint venture has purchased new equipment, refurbished existing equipment and completed extensive re-development in the 4300 and 5500 Levels. Over 10,000 feet of new drilling has been completed with several promising targets being evaluated. The operation has already begun to experience an increase in production rates over 2019.
The Company had a cash balance of approximately $20.0 million as at December 31, 2019.
"The Company delivered Relief Canyon to first gold pour within nine months from the commencement of construction; an impressive accomplishment for our team in a short period of time," said Americas President & CEO Darren Blasutti. "Relief Canyon is expected to significantly increase precious metal exposure by 500% by fiscal 2021 and increase the overall profitability of the Company as we deliver full production into a rising gold price environment after successfully acquiring the gold asset when gold was trading at less than $1,200 per ounce in early 2019. The Cosalá Operations successfully executed its production plans for the year increasing mill tonnage to over 1,750 per operating day, and increasing production of precious and by-product metals. The Galena Recapitalization Plan is being executed as planned with the purchase and delivery of essential equipment and drilling commencement. The Company is well positioned for the continued transition to a profitable, high-growth, precious metals producer as Relief Canyon ramps up."

Consolidated Financial and Operational Results

Consolidated Financial, Production and Cost Detail


20192

2018

Revenues ($M)

$58.4

$68.4

Net Loss ($M)

$(34.2)

$(10.7)

Comprehensive Loss ($M)

$(35.1)

$(9.9)

Total ore processed (tonnes milled)

701,884

685,152

Silver produced (ounces)

1,163,618

1,417,537

Zinc produced (pounds)

43,314,002

34,219,472

Lead produced (pounds)

26,193,098

30,466,799

Silver equivalent produced2 (ounces)

5,836,446

6,286,531

Silver recovery (percent)

73.2

76.6

Silver grade (grams per tonne)

70

84

Zinc grade (percent)

3.96

3.65

Lead grade (percent)

2.12

2.46

Silver sold (ounces)

1,159,432

1,424,745

Zinc sold (pounds)

41,733,934

33,714,154

Lead sold (pounds)

26,129,771

30,620,153

Realized Silver Price ($ per ounce)

$15.99

$15.65

Realized Zinc Price ($ per pound)

$1.19

$1.32

Realized Lead Price ($ per pound)

$0.91

$1.02

Cost of sales ($ per equivalent silver ounce)

$8.43

$8.29

Silver cash cost3 ($ per silver ounce)

$4.61

$(0.63)

All-in sustaining cost3 ($ per silver ounce)

$12.71

$9.80

The Company's San Rafael mine in Mexico had continued success during fiscal 2019 as mill tonnage increased by 13% and sustained an average milling rate of approximately 1,750 tonnes per operating day during the year. Silver grade and recovery both increased by approximately 6% and 8%, respectively, with base metal grades and recoveries also increasing. These improvements resulted in increases of 28%, 27% and 27% in silver, zinc and lead production when compared to 2018. Despite the Cosalá Operation's strong performance, consolidated silver equivalent production decreased 7% to approximately 5.8 million ounces compared to production of 6.3 million ounces during 2018. Consolidated silver production for 2019 was approximately 1.2 million silver ounces, a decrease of 18% compared to 2018. The decrease in metal production was due to lower tonnage, and silver and lead grades at the Galena Complex prior to commencement of the Recapitalization Plan in Q4-2019, partially offset by strong results at the Cosalá Operations.

Gross revenue decreased by $1.4 million compared to 2018 primarily due to a decrease in silver equivalent production despite increases in realized silver prices during the year. The silver spot price increased to an average of $16.21 per ounce in 2019 from an average of $15.71 per ounce in 2018 as uncertainty in global markets increased during the year with further increases in precious metal prices generally continuing into fiscal 2020. Net revenues were further negatively impacted by an increase in concentrate treatment and refining charges of $8.5 million or 32% over 2018 for a net total decrease in revenue of $9.9 million.

The Company's profitability was negatively impacted in fiscal 2019 by: the lower tonnage and grades at the Galena Complex without a corresponding decrease in costs; lower by-product metal prices; higher zinc treatment charges at the Cosalá Operations lowering net revenues; higher cost of sales primarily at the Cosalá Operations due to higher tonnage mined and milled; higher depletion and amortization due to higher production; and higher non-cash items such as share-based payments and loss on derivative instruments. Consolidated cash costs increased during the year primarily due to higher industry-wide zinc concentrate treatment charges, as well as lower production and lower grades at the Galena Complex.

Further information concerning the consolidated and individual mine operations is included in the Company's year-end Consolidated Financial Statements for the year ended December 31, 2019 and Management's Discussion and Analysis for the year ended December 31, 2019.

Consolidated 2-Year Production Outlook

Table 1*

Consolidated 2-Year Outlook (Excluding the Galena Complex)


2020 Guidance

2021 Outlook

Gold Production (ounces)

50 – 60 koz

80 – 90 koz

Silver Production (ounces)

0.8 – 0.9 Moz

1.0 – 1.5 Moz

Gold Equivalent Production (ounces)

60 – 70 koz

90 – 110 koz

All-in Sustaining Cost ($ per equivalent gold ounce)

$900 – 1,100/oz

$850 – 1,050/oz

Cost of Sales ($ per equivalent gold ounce)

$1,100 – 1,250/oz

$1,000 – 1,200/oz

Sustaining Capital Expenditures ($)

$8 – 10 M

$8 – 10 M


* Forecasts for 2020 and 2021 include only Relief Canyon and the Cosalá Operations. 2020 Guidance assumes 11 months of production from the Cosalá Operations. Continuation of the blockade may impact guidance further.

The Company reiterates the forecasted production for the next two years and expects to significantly increase precious metals production with the gold contribution from Relief Canyon. This represents a significant transition from a silver/base metal producer to a predominantly precious metals producer. Precious metal production is expected to increase by over 300% in 2020 and by over 500% in 2021 when compared with production in 2019. For additional detail regarding our production outlook, please refer to the Company's press release on February 18, 2020.

Relief Canyon

Relief Canyon poured first gold in February and has over 250,000 tonnes of ore placed on the leach pad. Ore crushing and stacking is steadily improving with the addition of the night shift and is now operating on a 24-hour basis. Heap leach permeability and leaching characteristics of the ore are meeting expectations. The operation has a significant ore stockpile of over 200,000 tonnes ahead of the crusher and waste stripping is ahead of schedule. Commercial production continues to be expected before the end of Q2-2020.

Cosalá Operations

The Company continues to have discussions with government authorities at both the state and federals levels. The operation also continues to have tremendous support from its workers, local community, ejidos and small businesses in the Cosalá area which have all been negatively impacted by the illegal blockade. The Company appreciates this support.

The Company will not negotiate with representatives of this illegal blockade and is exploring all legal channels to resolve this dispute in a peaceful and timely fashion.

Galena Complex

The Galena Complex is benefiting from the Recapitalization Plan that commenced in October 2019. Equipment has arrived on site and additional equipment will continue to mobilize over the next couple of months. Productivity has improved to start the year as well as worker morale. Most importantly, there has been a steady improvement in worker safety. There has been extensive repair to the 5500 level and 4300 level drifts which will allow the operation to establish diamond drill stations to test for deep mineralization below the current workings. Finally, shaft repair at the 5500 level is also progressing which will allow the operation to re-establish the lowest loading pocket. This will reduce the need to haul ore and waste by ramp to higher levels of the mine. The Company is confident that the Recapitalization Plan will provide the Galena Complex with the intended benefits of lower costs, higher production and a longer mine life.

Year-End 2019 Conference Call

President & CEO Darren Blasutti will be hosting a year-end 2019 conference call on Monday, March 9th, 2020 at 4:30pm EST. A copy of the presentation will be made available on the company's website at www.americas-gold.com.

Step 1: Dial-In
Canada and USA Toll-Free: 1-800-750-5861
International Toll Number: 1 416-981-9007

Step 2: Online Login
https://cc.callinfo.com/r/1o51voa85hx01&eom

Callers are advised to dial-in 10-15 minutes prior to the call. As there is no audio on the participant URL, please dial-in to follow along with the presentation.

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America. The Company's newest asset, Relief Canyon in Nevada, USA, has poured first gold and is expected to ramp up to full production over the course of 2020. The Company also owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com

For more information:



Stefan Axell

Darren Blasutti

VP, Corporate Development & Communications

President and CEO

Americas Gold and Silver Corporation

Americas Gold and Silver Corporation

416-874-1708

416-848-9503

Cautionary Statement on Forward-Looking Information:

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Gold and Silver's expectations, intentions, plans, assumptions and beliefs with respect to, among other things, estimated production rates and results for gold, silver and other precious metals, as well as the related costs, expenses and capital expenditures, the Company's construction, production, development plans and performance expectations at the Relief Canyon Mine, including the anticipated timing of commercial production at Relief Canyon, the resolution and removal of the illegal blockade at the Company's Cosalá Operations and the resumption of mining and processing operations. Often, but not always, forward-looking information can be identified by forward-looking words such as "anticipate", "believe", "expect", "goal", "plan", "intend", "potential', "estimate", "may", "assume" and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas Gold and Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas Gold and Silver to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Gold and Silver, these risks and uncertainties include interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction, bring to production and operate the Relief Canyon Project; and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations or disruptions, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.

Cautionary Note to U.S. Investors:

The terms "proven and probable reserve", "resource", "measured resource", "indicated resource", and "inferred resource" used in the press release are mining terms used in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

While the terms "mineral resource", "measured mineral resource", "indicated mineral resource", and "inferred mineral resource" are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the Securities & Exchange Commission ("SEC"). Moreover, the definitions of proven and probable reserves used in NI 43-101 differ from the definitions in the United States Securities and Exchange Commission's Industry Guide 7. As such, information contained in the Company's disclosure concerning descriptions of mineralization, reserves and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to "inferred mineral resource" there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an "inferred mineral resource" will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

1 The Company's profitability was negatively impacted in 2019 by non-reoccurring and non-cash charges, specifically transaction costs associated with the Pershing Gold acquisition ($3.5 million), incremental interest and financing costs related to the convertible loans payable and convertible debenture ($1.2 million), net loss on derivative instruments ($2.5 million), and non-cash share-based payments ($3.7 million). Adjusting for the non-reoccurring and non-cash charges, the net loss would have been approximately $23.3 million. Other variances, such as non-cash items in depletion and amortization ($13.3 million) and increased concentrate treatment charges and related costs ($10.3 million).
2 Throughout this press release, 2019 production results exclude Q4-2019 from the Galena Complex due to commencement of the Recapitalization Plan.
3 Silver equivalent production throughout this press release was calculated based on silver, zinc, and lead realized prices during each respective period.
4 Cash cost per ounce and all-in sustaining cost per ounce are non-IFRS performance measures with no standardized definition. For further information and detailed reconciliations, please refer to the Company's 2019 year-end and quarterly MD&A.
5 Gold equivalent production was calculated based on an 80:1 silver to gold ratio.



Americas Gold and Silver Corporation Logo (PRNewsfoto/Americas Gold and Silver)




Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/americas-gold-and-silver-corporation-reports-full-year-2019-financial-results-301020033.html

SOURCE Americas Gold and Silver Corporation




Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2020/09/c5149.html

Copyright CNW Group 2020

Canada Newswire
March 9, 2020 - 1:05 PM PDT
Tags:
INDUSTRIAL METALS & MINERALS
by Blasutti CEO for USAS -

https://stream2.kitco.com/20_01_24_Blasutti_v2_liferay.mp4

Guest(s): Darren Blasutti Americas Gold and Silver
Should silver prices rally to their fair value to above $20 an ounce,
a transformation would take place amongst silver miners,
this according to Darren Blasutti, CEO of Americas Gold & Silver.
“I could see [silver prices] headed to $22, $23, and that would be
transformational for the silver industry,”
Blasutti told Kitco News on the sidelines of
the Vancouver Resource Investment Conference.


https://ih.advfn.com/stock-market/AMEX/americas-gold-and-silver-USAS/stock-news/81395190/americas-gold-and-silver-announces-initial-ore-pla

https://www.americas-gold.com/

https://www.americas-gold.com/operations/relief-canyon/construction-photos/

American Silver Corporation Corporate Presentation 2020,01,30

https://www.americas-gold.com/site/assets/files/5377/presentation20200130.pdf

https://www.americas-gold.com/investors/presentations/



In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

American Silver Corporation (TSX:USA) (USAS)
thank you, the last I saw is from

American Silver Corporation Corporate Presentation 2020,01,30

https://www.americas-gold.com/site/assets/files/5377/presentation20200130.pdf

https://www.americas-gold.com/investors/presentations/


nbm16yankees' on 'American Silver Corporation (USAS)
thank you, the last I heard is from
January 19, 2020,
by Blasutti CEO for USAS -

https://stream2.kitco.com/20_01_24_Blasutti_v2_liferay.mp4

Guest(s): Darren Blasutti Americas Gold and Silver
Should silver prices rally to their fair value to above $20 an ounce,
a transformation would take place amongst silver miners,
this according to Darren Blasutti, CEO of Americas Gold & Silver.
“I could see [silver prices] headed to $22, $23, and that would be
transformational for the silver industry,”
Blasutti told Kitco News on the sidelines of
the Vancouver Resource Investment Conference.


https://ih.advfn.com/stock-market/AMEX/americas-gold-and-silver-USAS/stock-news/81395190/americas-gold-and-silver-announces-initial-ore-pla

https://www.americas-gold.com/

https://www.americas-gold.com/operations/relief-canyon/construction-photos/

American Silver Corporation Corporate Presentation 2020,01,30

https://www.americas-gold.com/site/assets/files/5377/presentation20200130.pdf

https://www.americas-gold.com/investors/presentations/



In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Featured on Kitco -

https://stream2.kitco.com/20_01_24_Blasutti_v2_liferay.mp4

Once silver prices rally to $23, what happens to the industry?
Jan 24, 2020
Guest(s): Darren Blasutti Americas Gold and Silver
Should silver prices rally to their fair value to above $20 an ounce, a transformation would take place amongst silver miners, this according to Darren Blasutti, CEO of Americas Gold & Silver.
“I could see [silver prices] headed to $22, $23, and that would be transformational for the silver industry,” Blasutti told Kitco News on the sidelines of the Vancouver Resource Investment Conference.

Americas Gold and Silver Corporation
TSX Exchange | Jan 23, 2020, 12:42 PM EST | Real-time price

logo
USA $ 3.67 RT
CHANGE
0.02 (0.5479%)
VOLUME
258,027
Day Low: 3.58
Day High: 3.71
52 Week Low: 1.97
52 Week High: 5.20

A High-Growth, Low-Cost Precious Metals Company in North America -
Americas Gold and Silver Corp.
609 views•Nov 14, 2019

Cambridge House International Inc.
61.5K subscribers
Jack Perkins performs Investor Relations for Americas Gold and Silver Corp. (USA.TO), a leading Canadian-based precious metals producer with a strong operating platform in the Americas.

https://www.youtube.com/watch?v=hVEjxBltUN4&feature=youtu.be


In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
Happy New Year

Americas Gold and Silver Announces Initial Ore Placement at Relief Canyon and Provides a Construction Update
by Canada NewsWire
Canada NewsWire

TORONTO, Dec. 19, 2019

Americas Gold and Silver Corporation (TSX: USA) (NYSE American:
USAS) ("Americas" or the "Company"), a growing North American precious
metals producer, provides a construction update on the Relief Canyon
gold project in Nevada.

The Relief Canyon project has advanced to its final stage of
construction with initial ore placement on the leach pads achieved
earlier today and first gold pour expected in the first half of January
2020.

The development continues on budget at a rapid pace and the Company
expects to bring the mine into commercial production
by late Q1/early Q2, 2020.

"Fiscal 2019 has been a pivotal year for the Company with the successful acquisition and execution of the Relief Canyon project, the ramp-up and optimization of the San Rafael mine in Mexico, and the announcement and commencement of the Galena Complex re-capitalization plan with Mr. Eric Sprott," said Americas Gold and Silver President and CEO, Darren Blasutti. "I'm extremely proud of our technical team, the Relief Canyon employees, and contractors who were able to get ore placed on the newly constructed leach pads, only seven months since the start of construction. Construction commenced in mid-May after closing the Pershing transaction and Sandstorm financings in April, and our team has worked diligently since then to achieve the Company's objectives. With the commencement of ore stacking, the Company is anticipating first gold production in the first half of January 2020 and commercial production by late Q1/early Q2, 2020."

Construction Update

In early December, Americas began actively mining ore at Relief Canyon. The mining contractor continues to deliver and assemble mobile equipment to meet the planned ramp-up in the mining rate, as required. Construction of the leach pads is effectively complete, including placement of the overliner. Commissioning of the 3,200-foot overland conveyor system and grasshopper conveyors is complete. The Company has begun crushing and stacking ore on the leach pads with over 70,000 tons of ore stockpiled and is waiting on expected ordinary course permits before the start of leaching.

The ADR processing plant at the Relief Canyon project has received and installed over 90% of the equipment necessary to refine and pour gold. Wet testing of the plant is in its final stages and the Company plans to test the carbon stripping circuit, including electrowinning, over the next two weeks.

The Company expects to see multi-year precious metals growth in 2020 and 2021 driven primarily from the Relief Canyon mine along with progressively increasing silver production from the San Rafael mine. With the closing of the acquisition of Relief Canyon, Americas increased its precious metal reserves by approximately 250% year-over-year and over 90% on a per share basis. The ramp-up of gold production at the Relief Canyon project is expected to advance the Company towards its anticipated 500% increase in precious metals production by 2021. The Company expects to release two-year forward production and cost guidance in early February 2020.

Exploration Plans

Americas has budgeted approximately $1.9 million for exploration at Relief Canyon in 2020. Exploration drilling will commence in the south and southwest areas of the pit with the goal of increasing resources by the end of 2020. The Relief Canyon deposit is geologically open on three sides and the Company controls a land package of approximately 11,700 hectares (~30,000 acres) in-and-around the mine site, of which only 20% has been explored to date. Additional exploration plans include field work on the larger land package to identify future satellite drill targets.

About Americas Gold and Silver Corporation

Americas Gold and Silver is a high-growth, low-cost, precious metals mining company with multiple assets in North America. It owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com

Cautionary Statement on Forward-Looking Information:

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company's construction, production, development plans and performance expectations at the Relief Canyon Mine, including the anticipated timing of production. Often, but not always, forward-looking information can be identified by forward-looking words such as "anticipate", "believe", "expect", "goal", "plan", "intend", "potential', "estimate", "may", "assume" and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas, these risks and uncertainties include interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction and operate the Relief Canyon Mine, and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.

Cautionary Note to U.S. Investors:

The terms "proven and probable silver reserve", "silver resource", "measured silver resource", "indicated silver resource", and "inferred silver resource" used in the press release are mining terms used in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

While the terms "mineral resource", "measured mineral resource", "indicated mineral resource", and "inferred mineral resource" are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the Securities & Exchange Commission ("SEC"). Moreover, the definitions of proven and probable reserves used in NI 43-101 differ from the definitions in the United States Securities and Exchange Commission's Industry Guide 7. As such, information contained in the Company's disclosure concerning descriptions of mineralization, reserves and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to "inferred mineral resource" there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an "inferred mineral resource" will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

Cision View original content:http://www.prnewswire.com/news-releases/americas-gold-and-silver-announces-initial-ore-placement-at-relief-canyon-and-provides-a-construction-update-300977988.html

SOURCE Americas Gold and Silver Corporation


View original content: http://www.newswire.ca/en/releases/archive/December2019/19/c9098.html

Darren Blasutti, President and CEO, Americas Gold and Silver Corporation, 416-848-9503Copyright CNW Group 2019

Canada Newswire
December 19, 2019 - 1:23 PM PST
Metals & Mining | Industrial Metals & Minerals | AMERICAS SILVER CORPORATION

Happy New Year

Burl Ives - O Holy Night -

https://www.youtube.com/watch?v=vcK-EktPXpw




https://www.youtube.com/watch?v=581GWU6F3KM

In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Silver & Gold surging -
Good progress today in both metals... tail winds going into holidays?
Best song of holiday season?

https://www.youtube.com/watch?v=azcj749wMIU&feature=youtu.be


Presentation: Americas Gold and Silver Corporation - 121 Mining Investment New York Autumn 2019
224 views•Nov 12, 2019





121 Mining Investment Events
915 subscribers
Website: http://www.americas-gold.com
Primary ticker: TSX:USA; NYSE:USAS

https://www.youtube.com/watch?v=AElAP82yUbw



https://www.americas-gold.com/investors/investor-centre/

Silver up...let's have a nice green day...
thanks for heads UP )

In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
Replies(1) | Previous | Next

Presentation: Americas Gold and Silver Corporation - 121 Mining Investment New York Autumn 2019
224 views•Nov 12, 2019

121 Mining Investment Events
915 subscribers
Website: http://www.americas-gold.com
Primary ticker: TSX:USA; NYSE:USAS

https://www.youtube.com/watch?v=AElAP82yUbw

God Bless America

Eric Sprott Gold Futures Fall: Not Gold $16,000 and Silver $700 Prices !

https://www.youtube.com/watch?v=W9S1rxsBr7o
1,381 views •Nov 10, 2019


Americas Gold and Silver Provides a Relief Canyon Construction Update and Reports Third Quarter Production Results
T.USA |
Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, provides a construction update on the Relief Canyon gold mine in Nevada.
The Company also reports Q3, 2019 production and operating cost results on a consolidated and individual basis for its Cosalá Operations in Mexico and Galena Complex in Idaho. All figures are in U.S. dollars.

Third Quarter Highlights

Consolidated silver production of approximately 1.3 million silver equivalent1 ounces and 300,000 silver ounces, representing a decrease of 7% and 5%, respectively, compared to Q3, 2018.
Consolidated cash costs2 were approximately $12.83 per silver ounce and consolidated all-in sustaining costs (“AISC”) were approximately $23.01 per silver ounce, both representing an increase year-over-year and from the prior quarter. These increased costs were primarily the result of lower realized by-product prices and expected lower production at the Galena Complex in preparation for the re-capitalization plan.
The Relief Canyon mine development continues on budget and on time for first gold pour before the end of the year. Construction continues at a rapid pace and the Company remains fully funded to bring the Relief Canyon Mine into commercial production by the end of Q1, 2020.
Milled tonnage at the Cosalá Operations increased by 14% year-over-year resulting in production of approximately 1.0 million silver equivalent ounces, including approximately 129,000 silver ounces. Cash costs were approximately negative ($10.82) per silver ounce representing an increase of 41% when compared to prior quarter, and AISC were approximately negative ($1.49) per silver ounce, an 87% increase when compared to the prior quarter, largely due to lower by-product metal prices and higher treatment and refining charges.
On September 9, 2019, Americas announced a strategic joint venture agreement (the “Agreement”) with Mr. Eric Sprott to recapitalize the mining operations at the Galena Complex, effective October 1, 2019. The goal of the Agreement is to position the Galena Complex to significantly grow reserves and resources, and increase production while reducing operating costs at the mine over the next two years.
Gold equivalent reserves (including silver reserves) increased approximately 250% and increased by 90% on a per share basis year-over-year, including an additional 653,000 gold ounces and 11.5 million silver ounces, respectively.
“The third quarter was a busy and successful period for the Company. The Cosalá Operations continued its strong operational performance generating free cash flow, Relief Canyon construction significantly advanced toward first gold production this year and the Company increased its precious metal reserves by approximately 250% year over year,” said Americas President and CEO Darren Blasutti. “Furthermore, our creative transaction to joint venture the Galena Complex with Eric Sprott allowed us to couple Galena’s significant silver leverage with the necessary capital to grow silver reserves, increase silver production and reduce operating costs into a rising silver market over the next two years for the benefit of our shareholders.”

Relief Canyon Update

Re-development of the Relief Canyon open pit is advancing to support a smooth ramp-up in material movement. Efforts have focussed on pioneering of the ultimate high wall and initial waste movement from the pit area. Construction continues at a rapid pace as the Company prepares to pour gold before the end of the year. Leach pad construction is approximately 90% complete with approximately 3,000,000 square feet of liner now installed. Overliner crushing is complete and placement of the material is advancing with the liner deployment. The primary crusher has been set on its concrete pad and installation is progressing in parallel with that of the crushed ore reclaim tunnel and overland conveyor. All grasshopper conveyors have been delivered.

Initial ore placement is targeted for mid-November with solution application to begin shortly thereafter. The ADR plant is receiving its final upgrades including the installation of new mercury abatement equipment and a revamped electrowinning area. First gold pour is expected prior to year end with commercial production anticipated by the end of Q1, 2020.

Further information on the Relief Canyon development will be made available periodically on the Company’s website as construction progresses at www.americas-gold.com.

Strategic Joint Venture with Mr. Eric Sprott at the Galena Complex

Due to low silver prices and limited funding available from the capital markets for silver operational improvements since 2012, Americas has spent minimal funds at the Galena Complex to replace worn equipment, update aging infrastructure, complete stope development, and exploration drilling. In 2017 and 2018, the Company focused available capital on developing the San Rafael mine in Mexico which has become a significant free cash flow generating asset. Americas is currently allocating all of its available capital to re-start the Relief Canyon mine in Nevada, which is scheduled to begin producing gold in late Q4, 2019.

As a result, the Company announced a strategic joint venture agreement with Mr. Eric Sprott on September 9, 2019 to recapitalize the mining operations at the Galena Complex. The goal of the joint venture is to position the Galena Complex to significantly grow reserves and resources, increase production and reduce operating costs at the mine over the next two years. The strategic 60/40 joint venture will allow Americas to advance development, modernize infrastructure, purchase new mining equipment and target exploration potential away from current operating areas. Effective October 1, 2019, Mr. Sprott initially invested US$15 million to fund capital improvements and committed another $5M to fund operations for the first year to earn a 40% interest in the Galena Complex. Americas will invest an additional US$5 million to fund further capital improvements in late 2020. After the first year of operations under the Agreement, the parties will revert to their percentage ownership interests to fund capital projects and operations as required. Oversight of the joint venture will consist of two nominees from Americas and one nominee from Mr. Sprott. Americas will continue to manage the day-to-day operations so long as it retains an interest in the joint venture. Further guidance on the capital projects, operational funding and timing will be provided in the new year after the approval of annual budgets by the Oversight Committee. Americas intends to suspend further disclosure of certain operational metrics such as production, cash cost, and AISC for the Galena Complex until the recapitalization plan is substantially completed, estimated to be by the end of fiscal 2021.

As a result of the 40% divestment and lower silver production from the Galena Mine, the Company will be unable to make full year silver production guidance but is expected to make the lower end of silver equivalent production and cash cost ranges.

Consolidated Third Quarter Production Details

Consolidated silver production for the third quarter of 2019 was approximately 300,000 ounces and silver equivalent production was approximately 1.3 million ounces, a decrease of 13% and 20% year-over-year respectively. Consolidated cash costs increased 55% to $12.83 per silver ounce and AISC increased 42% to $23.01 per silver ounce, compared to the previous quarter. Consolidated zinc production increased by 28% year-over-year, while consolidated lead production decreased slightly by 7% compared to the previous quarter due to low throughput and grades at the Galena Complex.

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

November 1, 2019 - 4:00 AM PDT
Tags: INDUSTRIAL METALS & MINERALS

Read more at
https://stockhouse.com/news/press-releases/2019/11/01/americas-gold-and-silver-provides-a-relief-canyon-construction-update-and#hZTqv45LsmykHIzk.99

Mr. Eric Sprott & Americas Gold and Silver Announces Strategic Joint Venture - With Mr. Eric Sprott at the Galena Complex -
T.USA |
Sept. 9, 2019 TORONTO

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, today announces a strategic joint venture agreement (the “Agreement”) with Mr. Eric Sprott to recapitalize the mining operations at the Galena Complex, located in the Silver Valley of Northwest Idaho.

The strategic joint venture – expected to be 60/40 Americas/Sprott respectively – will allow Americas to increase development, modernize infrastructure, purchase new mining equipment, and target exploration below current operating areas with the goal of positioning the Galena Complex to significantly increase resources, production, and reduce operating costs at the mine over the next two years.
Effective October 1, 2019, Mr. Sprott through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, will initially commit up to US$20 million to fund capital improvements and operations for the first year to earn a 40 percent interest in the Company’s Galena Complex. Americas will invest an additional US$5 million to fund further capital improvements in 2020.
After the first year of operations under the Agreement, the parties will revert to their percentage ownership interests to fund capital projects and operations as required in proportion to those interests.
Oversight of the joint venture will consist of 2 nominees from Americas and 1 nominee by Mr. Sprott. Americas will continue to manage the day-to-day operations so long as it retains an interest in the joint venture.
“We are thrilled to partner with Eric Sprott on this joint venture. He is already the single largest shareholder in Americas; with this new venture, we are further solidifying our relationship with him”, said Darren Blasutti, President and CEO of Americas Gold and Silver. “We look forward to putting his significant investment into developing the Galena Complex to benefit all our stakeholders in the coming months and transforming the Galena Complex into a leading US-based, profitable silver producer.”

Due to low silver prices and limited capital available from the capital markets for silver operational improvements since 2012, Americas has spent minimal funds at the Galena Complex to replace worn equipment, update aging infrastructure, stope development, and exploration. Americas is currently allocating all its available capital to re-start the Relief Canyon mine in Nevada, which is scheduled to begin producing gold in late Q4, 2019. The Relief Canyon mine is targeted to increase the Company’s precious metal production by approximately 500% by 2021. In 2017 and 2018, the Company focused available capital on developing the San Rafael mine in Mexico which this year became a significant free-cash flow generating asset.

The Galena Complex possesses significant operational optionality and leverage to silver prices. The mine has between 1,250 and 1,500 tons of daily milling capacity though it is currently processing only 500 tons per day, five days a week. It produces between 0.8 M to 1.0 M silver ounces annually at high costs as a result of lower throughput, reduced operational flexibility and old equipment. The current proven and probable silver reserve includes 12.4 million ounces, a further measured and indicated silver resource of 27.4 million ounces and an inferred silver resource of approximately 39.0 million ounces (exclusive of lead and copper resources). Though this operational base is a strong starting point for comparable silver mines, a capital redevelopment of the asset is required to best exploit the existing resources, improve operational performance, and capitalize on expected higher silver prices. Further, Americas and Mr. Sprott believe there are substantially more silver resources to be discovered at better grades along extensions of existing veins and at depth.

Americas believes that the significant investment and joint venture announced today with Mr. Sprott will allow the parties to develop the Galena Complex into a long-term, profitable mine, including to take full advantage of the recent move in silver price. The Company needed an outside partner who not only shared the same vision for the current upside and leverage embedded at the Galena Complex but was willing to commit capital to systematically explore for deeper level, high-grade targets that may transform the mine into an important silver producer in the medium to long-term. Further, with the only operating mine in the Silver Valley, the joint venture will be well-positioned to take advantage of any consolidation opportunities which may evolve in the District.

Other material provisions of the Agreement include (i) standard dilution if a party does not contribute its proportionate share of costs; (ii) penalty dilution if a party defaults in contributing its share of costs; (iii) a party’s interest in the joint venture is converted to a 5% net proceeds interest if that party’s percentage interest falls below 10%; and (iv) each party has a pre-emptive right to acquire the other party’s interest should that party desire to sell its interest in the joint venture.

Medalist Capital Ltd acted as financial advisor to both parties with respect to the transaction.

For further technical information on the Galena Complex please see the applicable NI 43-101 Technical Report available at www.sedar.com and the Company’s website at www.americas-gold.com.

About Americas Gold and Silver Corporation
Americas Gold and Silver is a high-growth, low-cost, precious metals mining company with multiple assets in North America. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded Relief Canyon Project in Nevada, USA, which is currently in construction. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

Cautionary Statement on Forward-Looking Information:
This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas’ expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s financing efforts and the expected results from the Agreement and the joint venture; future development plans at the Galena Complex; exploration, production and cost performance at the Cosalá Operations and the Galena Complex; construction, production, development plans and performance expectations at the Relief Canyon Mine, including the anticipated timing of production. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of America’s as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas, these risks and uncertainties include interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction and operate the Relief Canyon Mine; the ability of the joint venture to further fund, improve and operate the Galena Complex, and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in America’s filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.

Cautionary Note to U.S. Investors:
The terms “proven and probable silver reserve”, “silver resource”, “measured silver resource”, “indicated silver resource”, and “inferred silver resource” used in the press release are mining terms used in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource”, and “inferred mineral resource” are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the Securities & Exchange Commission (“SEC”). Moreover, the definitions of proven and probable reserves used in NI 43-101 differ from the definitions in the United States Securities and Exchange Commission's Industry Guide 7. As such, information contained in the Company's disclosure concerning descriptions of mineralization, reserves and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to “inferred mineral resource” there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

image: https://cts.businesswire.com/ct/CT?id=bwnews&sty=20190909005911r1&sid=ntxv4&distro=nx&lang=en



View source version on businesswire.com: https://www.businesswire.com/news/home/20190909005911/en/

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

Copyright Business Wire 2019
Business Wire
September 9, 2019 - 1:19 PM PDT
Tags:
INDUSTRIAL METALS & MINERALS
1
Share0 Tweet0 Share1

Read more at https://stockhouse.com/news/press-releases/2019/09/09/americas-gold-and-silver-announces-strategic-joint-venture-with-mr-eric-sprott#tdzuJE1wRJcltjlW.99

Americas Gold and Silver Corporation Reports Third Quarter 2019 Financial Results and Provides Relief Canyon Update
November 13, 2019 04:05 PM Eastern Standard Time
TORONTO--(BUSINESS WIRE)--

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS)
(“Americas” or the “Company”), a growing North American precious metals
producer, today reported consolidated financial and operational results
for the third quarter of 2019 and provides a construction update on the
Relief Canyon Mine.

“The Cosalá Operations continues to outperform our expectations.
A solid Recapitalization Plan with the necessary capital from Eric
Sprott provides a clear path forward to increase production with
reduced costs at the Galena Complex.”

Tweet this
This earnings release should be read in conjunction with the Company’s
Management’s Discussion and Analysis, Financial Statements and Notes to
Financial Statements for the corresponding period, which have been
posted on the Americas Gold and Silver Corporation SEDAR profile at
www.sedar.com , on its EDGAR profile at www.sec.gov, and are also
available on the Company’s website at
http://www.americas-gold.com .

All figures are in U.S. dollars unless otherwise noted.

Third Quarter Highlights

Revenue of $12.5 million and net loss of $8.8 million for the quarter or
($0.11) per share, an increase of $0.7 million in revenue and an
increase in net loss of $3.0 million compared to Q3-2018 due to lower
tonnage and grades at the Galena Complex and higher zinc treatment
charges at the Cosalá Operations.
Higher non-cash one-time items also increased the loss.

Relief Canyon Mine construction and costs are proceeding as expected
with leach pad liner installation complete, the crusher with framework
and crushed ore reclaim tunnel installed, the overland and grasshopper
conveyors nearing completion, and the ADR plant work proceeding on
schedule.

Americas entered into a joint venture agreement with
Mr. Eric Sprott (“Mr. Sprott”) effective October 1, 2019 for a 40%
non-controlling interest of the Company’s Galena Complex with initial
contribution up to $20 million to fund capital improvements and
operations.

The goal of the joint venture agreement is to position
the Galena Complex to significantly grow resources, increase
production, and reduce operating costs at the mine over the next two
years (the “Recapitalization Plan”).

Previously reported third quarter consolidated silver production of
approximately 1.3 million silver equivalent ounces1 and 0.3 million
silver ounces, representing decreases of 5% and 7% year-over-year to
both silver equivalent ounces and silver ounces, respectively.

Previously reported third quarter consolidated cash costs2 of $12.83 per
silver ounce and all-in sustaining costs2 (“AISC”) of $23.01 per silver
ounce, both representing an increase year-over-year and from the prior
quarter.
These increased costs were primarily the result of lower realized by-
product prices for lead and expected lower production at the Galena
Complex in preparation for the Recapitalization Plan.
For the three quarters ended 2019, consolidated silver production of
approximately 4.8 million silver equivalent ounces and 1.0 million
silver ounces at consolidated cash costs of approximately $6.26 per
silver ounce and consolidated AISC of approximately $14.11 per silver
ounce.

The Company closed a non-brokered private placement with
Mr. Sprott for gross proceeds of $10 million in July 2019.

The Company had a cash balance of $6.5 million and had drawn
$10 million of the available $25 million of the Sandstorm metals
delivery agreement as of September 30, 2019.

“As we approach the end of 2019, the Company remains on-track to deliver
first gold pour before year end at Relief Canyon, on time and on
budget,” said Americas President & CEO Darren Blasutti.

“The Cosalá Operations continues to outperform our expectations.
A solid Recapitalization Plan with the necessary capital from
Eric Sprott provides a clear path forward to increase
production with reduced costs at the Galena Complex.”

Relief Canyon Update

On April 3, 2019, the Company’s Board gave approval to commence
construction of the mining and heap leaching facilities at
Relief Canyon following the Pershing Gold Corporation
(“Pershing Gold”) acquisition.
The capital cost to develop Relief Canyon to initial gold pour was
estimated to be approximately $28 - $30 million with an
additional $8 million in working capital required to achieve
sustainable positive cash flow.
Construction is proceeding well with preparation of the leach pad
complete with approximately 3,200,000 square feet of liner installed.

Overliner crushing is complete, and placement of the material is
advancing well.
The primary crusher and the crushed ore reclaim tunnel are installed.
The overland conveyor installation is nearing completion with
vulcanizing of the conveyor belt expected in the next two weeks.
Initial ore placement is targeted for late November with solution
application to begin shortly thereafter.
The ADR plant is receiving its final upgrades including the
installation of new mercury abatement equipment and a revamped
electrowinning area.
The Company continues to expect to achieve
first gold pour from Relief Canyon in late Q4-2019.

Consolidated Results

Consolidated Financial, Production and Cost Detail



Q3 2019

Q3 2018

Revenues ($M)

$12.5

$11.8

Net Loss ($M)

$(8.8)

$(5.8)

Comprehensive Loss ($M)

$(8.7)

$(5.8)

Total ore processed (tonnes milled)

180,582

170,379

Silver produced (ounces)

299,421

323,497

Zinc produced (pounds)

10,103,688

7,906,601

Lead produced (pounds)

6,766,804

7,536,660

Silver equivalent produced1 (ounces)

1,338,568

1,410,909

Silver recovery (percent)

74.6

76.2

Silver grade (grams per tonne)

69

77

Zinc grade (percent)

3.76

3.44

Lead grade (percent)

2.11

2.44

Silver sold (ounces)

307,196

309,672

Zinc sold (pounds)

9,756,925

7,813,957

Lead sold (pounds)

6,957,781

7,194,207

Realized Silver Price ($ per ounce)

$17.10

$14.73

Realized Zinc Price ($ per pound)

$1.16

$1.14

Realized Lead Price ($ per pound)

$0.92

$0.94

Cost of sales ($ per equivalent silver ounce)

$10.80

$9.08

Silver cash cost2 ($ per silver ounce)

$12.83

$4.95

All-in sustaining cost2 ($ per silver ounce)

$23.01

$15.94

The Company’s San Rafael mine in Mexico continued to have another successful quarter for Q3-2019 as silver, zinc and lead production increased by 26%, 28%, and 32%, respectively compared to Q3-2018. The strong results at the Cosalá Operations were driven by sustained improvements in head grade of both silver and by-product metals, mill throughput, and metal recovery to concentrate as mining and milling completed the operational ramp-up in 2019 after declaring commercial production in December 2017. San Rafael increased tonnage by 14% and sustained an average milling rate of approximately 1,660 tonnes per operating day during the quarter. Silver grade and recovery rates both increased by approximately 5% and 6%, respectively, with by-product grades and recoveries also increasing. Despite the strong performance at the Cosalá Operations, consolidated silver equivalent production and silver production both decreased by 5% and 7% year-over-year, respectively, due to lower tonnage, and silver and lead grades at the Galena Complex resulting from poor equipment availability and a focus on development over production during the period.

Consolidated gross revenue increased by $4.6 million due to increased production of all metals at the Cosalá Operations coupled with higher silver and zinc realized prices, despite reductions in lead prices between the periods. This increase was partially offset by significant increases in treatment on zinc concentrates ($3.2 million) with average spot treatment charges increasing from approximately $80/tonne to over $235/tonne year-over-year. The increase in revenues was also offset by $0.6 million in decreased silver and lead revenue at the Galena Complex.

On September 9, 2019, the Company entered into a joint venture agreement with Mr. Sprott effective October 1, 2019 for a 40% non-controlling interest in the Company’s Galena Complex. The Recapitalization Plan will allow the Company to advance development, modernize infrastructure, purchase new mining equipment and target exploration potential away from current operating areas. The Company intends to suspend further disclosure of certain operational metrics such as production, cash cost and all-in sustaining cost for the Galena Complex until the Recapitalization Plan is substantially completed, estimated to be by the end of fiscal 2021.

The Company’s profitability was negatively impacted in Q3-2019 by the lower tonnage and grades at the Galena Complex without a decrease in costs, the noted higher zinc treatment charges, higher cost of sales primarily at the Cosalá Operations due to higher tonnage mined and milled, and higher depletion and amortization due to higher production, offset by the previously noted higher gross revenues. Consolidated cash costs increased during the period primarily due to higher industry-wide zinc treatment charges, and lower production and lower silver and lead grades at the Galena Complex.

Further information concerning the consolidated and individual mine operations is included in the Company’s third quarter Condensed Interim Consolidated Financial Statements for the nine months ended September 30, 2019 and Management’s Discussion and Analysis for the nine months ended September 30, 2019.

Q3-2019 Earnings Conference Call

President & CEO Darren Blasutti will be hosting a Q3-2019 earnings conference call on Wednesday, November 13th, 2019 at 4:30pm EST. A copy of the presentation will be made available on the company’s website at www.americas-gold.com.

Step 1: Dial-In
Canada and USA Toll-Free 1-800-917-9985
International Toll Number +1 (416) 641-6705

Step 2: Online Login
https://cc.callinfo.com/r/1ms0vzspva2au&eom

Callers are advised to dial-in 10-15 minutes prior to the call. As there is no audio on the participant URL, please dial-in to follow along with the presentation.

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth, low-cost, precious metals mining company with multiple assets in North America. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded Relief Canyon Project in Nevada, USA, which is currently in construction. It owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s financing efforts and the expected results from the Recapitalization Plan and the joint venture; future development plans at the Galena Complex; exploration, production and cost performance at the Cosalá Operations and the Galena Complex; construction, production, development plans and performance expectations at the Relief Canyon Mine, including the anticipated timing of production. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas, these risks and uncertainties include interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction and operate the Relief Canyon Mine; the ability of the joint venture to further fund, improve and operate the Galena Complex, and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.

Cautionary Note to U.S. Investors:

The terms “proven and probable silver reserve”, “silver resource”, “measured silver resource”, “indicated silver resource”, and “inferred silver resource” used in the press release are mining terms used in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource”, and “inferred mineral resource” are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the Securities & Exchange Commission (“SEC”). Moreover, the definitions of proven and probable reserves used in NI 43-101 differ from the definitions in the United States Securities and Exchange Commission's Industry Guide 7. As such, information contained in the Company's disclosure concerning descriptions of mineralization, reserves and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to “inferred mineral resource” there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

1 Silver equivalent production throughout this press release was calculated based on silver, zinc, and lead realized prices during each respective period.
2 Cash cost per ounce and all-in sustaining cost per ounce are non-IFRS performance measures with no standardized definition. For further information and detailed reconciliations, please refer to the Company’s 2018 year-end and quarterly MD&A.



Contacts
Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

Americas Gold and Silver Provides a Relief Canyon Construction Update and Reports Third Quarter Production Results
T.USA |
Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, provides a construction update on the Relief Canyon gold mine in Nevada.
The Company also reports Q3, 2019 production and operating cost results on a consolidated and individual basis for its Cosalá Operations in Mexico and Galena Complex in Idaho. All figures are in U.S. dollars.

Third Quarter Highlights

Consolidated silver production of approximately 1.3 million silver equivalent1 ounces and 300,000 silver ounces, representing a decrease of 7% and 5%, respectively, compared to Q3, 2018.
Consolidated cash costs2 were approximately $12.83 per silver ounce and consolidated all-in sustaining costs (“AISC”) were approximately $23.01 per silver ounce, both representing an increase year-over-year and from the prior quarter. These increased costs were primarily the result of lower realized by-product prices and expected lower production at the Galena Complex in preparation for the re-capitalization plan.
The Relief Canyon mine development continues on budget and on time for first gold pour before the end of the year. Construction continues at a rapid pace and the Company remains fully funded to bring the Relief Canyon Mine into commercial production by the end of Q1, 2020.
Milled tonnage at the Cosalá Operations increased by 14% year-over-year resulting in production of approximately 1.0 million silver equivalent ounces, including approximately 129,000 silver ounces. Cash costs were approximately negative ($10.82) per silver ounce representing an increase of 41% when compared to prior quarter, and AISC were approximately negative ($1.49) per silver ounce, an 87% increase when compared to the prior quarter, largely due to lower by-product metal prices and higher treatment and refining charges.
On September 9, 2019, Americas announced a strategic joint venture agreement (the “Agreement”) with Mr. Eric Sprott to recapitalize the mining operations at the Galena Complex, effective October 1, 2019. The goal of the Agreement is to position the Galena Complex to significantly grow reserves and resources, and increase production while reducing operating costs at the mine over the next two years.
Gold equivalent reserves (including silver reserves) increased approximately 250% and increased by 90% on a per share basis year-over-year, including an additional 653,000 gold ounces and 11.5 million silver ounces, respectively.
“The third quarter was a busy and successful period for the Company. The Cosalá Operations continued its strong operational performance generating free cash flow, Relief Canyon construction significantly advanced toward first gold production this year and the Company increased its precious metal reserves by approximately 250% year over year,” said Americas President and CEO Darren Blasutti. “Furthermore, our creative transaction to joint venture the Galena Complex with Eric Sprott allowed us to couple Galena’s significant silver leverage with the necessary capital to grow silver reserves, increase silver production and reduce operating costs into a rising silver market over the next two years for the benefit of our shareholders.”

Relief Canyon Update

Re-development of the Relief Canyon open pit is advancing to support a smooth ramp-up in material movement. Efforts have focussed on pioneering of the ultimate high wall and initial waste movement from the pit area. Construction continues at a rapid pace as the Company prepares to pour gold before the end of the year. Leach pad construction is approximately 90% complete with approximately 3,000,000 square feet of liner now installed. Overliner crushing is complete and placement of the material is advancing with the liner deployment. The primary crusher has been set on its concrete pad and installation is progressing in parallel with that of the crushed ore reclaim tunnel and overland conveyor. All grasshopper conveyors have been delivered.

Initial ore placement is targeted for mid-November with solution application to begin shortly thereafter. The ADR plant is receiving its final upgrades including the installation of new mercury abatement equipment and a revamped electrowinning area. First gold pour is expected prior to year end with commercial production anticipated by the end of Q1, 2020.

Further information on the Relief Canyon development will be made available periodically on the Company’s website as construction progresses at www.americas-gold.com.

Strategic Joint Venture with Mr. Eric Sprott at the Galena Complex

Due to low silver prices and limited funding available from the capital markets for silver operational improvements since 2012, Americas has spent minimal funds at the Galena Complex to replace worn equipment, update aging infrastructure, complete stope development, and exploration drilling. In 2017 and 2018, the Company focused available capital on developing the San Rafael mine in Mexico which has become a significant free cash flow generating asset. Americas is currently allocating all of its available capital to re-start the Relief Canyon mine in Nevada, which is scheduled to begin producing gold in late Q4, 2019.

As a result, the Company announced a strategic joint venture agreement with Mr. Eric Sprott on September 9, 2019 to recapitalize the mining operations at the Galena Complex. The goal of the joint venture is to position the Galena Complex to significantly grow reserves and resources, increase production and reduce operating costs at the mine over the next two years. The strategic 60/40 joint venture will allow Americas to advance development, modernize infrastructure, purchase new mining equipment and target exploration potential away from current operating areas. Effective October 1, 2019, Mr. Sprott initially invested US$15 million to fund capital improvements and committed another $5M to fund operations for the first year to earn a 40% interest in the Galena Complex. Americas will invest an additional US$5 million to fund further capital improvements in late 2020. After the first year of operations under the Agreement, the parties will revert to their percentage ownership interests to fund capital projects and operations as required. Oversight of the joint venture will consist of two nominees from Americas and one nominee from Mr. Sprott. Americas will continue to manage the day-to-day operations so long as it retains an interest in the joint venture. Further guidance on the capital projects, operational funding and timing will be provided in the new year after the approval of annual budgets by the Oversight Committee. Americas intends to suspend further disclosure of certain operational metrics such as production, cash cost, and AISC for the Galena Complex until the recapitalization plan is substantially completed, estimated to be by the end of fiscal 2021.

As a result of the 40% divestment and lower silver production from the Galena Mine, the Company will be unable to make full year silver production guidance but is expected to make the lower end of silver equivalent production and cash cost ranges.

Consolidated Third Quarter Production Details

Consolidated silver production for the third quarter of 2019 was approximately 300,000 ounces and silver equivalent production was approximately 1.3 million ounces, a decrease of 13% and 20% year-over-year respectively. Consolidated cash costs increased 55% to $12.83 per silver ounce and AISC increased 42% to $23.01 per silver ounce, compared to the previous quarter. Consolidated zinc production increased by 28% year-over-year, while consolidated lead production decreased slightly by 7% compared to the previous quarter due to low throughput and grades at the Galena Complex.

Table 1

Consolidated Production Highlights



Q3 2019

Q3 2018

Change

Q2 2019

Change

Processed Ore (tonnes milled)

180,582

170,379

6%

186,310

-3%

Silver Production (ounces)

299,421

323,497

-7%

345,695

-13%

Silver Equivalent Production (ounces) 1

1,338,568

1,410,909

-5%

1,683,358

-20%

Silver Grade (grams per tonne)

69

77

-11%

76

-9%

Cost of Sales ($ per equiv. ounce silver)1

$11.06

$9.08

22%

$8.75

26%

Cash Costs ($ per ounce silver)2

$12.83

$4.95

159%

$8.28

55%

All-in Sustaining Costs ($ per ounce silver)2

$23.01

$15.94

44%

$16.15

42%

Zinc Production (pounds)

10,103,688

7,906,601

28%

11,150,174

-9%

Lead Production (pounds)

6,766,804

7,536,660

-10%

7,237,607

-7%

Cosalá Operations Production Details

The Cosalá Operations produced 128,779 ounces of silver during the third quarter of 2019 and 1.0 million ounces of silver equivalent during the same period at cash costs of negative ($10.82) per silver ounce and AISC of negative ($1.49) per silver ounce. Silver production increased by 26% while silver equivalent production increased by 13% over the prior year. Cash costs and AISC decreased by 41% and 87%, respectively, compared to Q2, 2019, due to lower base metal prices despite significant increases in zinc and lead production year-over-year.

Table 2

Cosalá Operations Highlights



Q3 2019

Q3 2018

Change

Q2 2019

Change

Processed Ore (tonnes milled)

151,248

132,902

14%

156,998

-4%

Silver Production (ounces)

128,779

102,521

26%

145,410

-11%

Silver Equivalent Production (ounces) 1

1,003,318

888,342

13%

1,300,009

-23%

Silver Grade (grams per tonne)

46

44

5%

49

-6%

Cost of Sales ($ per equiv. ounce silver)1

$8.07

$6.85

18%

$5.51

47%

Cash Costs ($ per ounce silver) 2

-$10.82

-$22.42

-52%

-$18.27

-41%

All-in Sustaining Costs ($ per ounce silver)2

-$1.49

-$0.67

121%

-$11.66

-87%

Zinc Production (pounds)

10,103,688

7,906,601

28%

11,150,174

-9%

Lead Production (pounds)

3,717,980

2,815,885

32%

4,052,559

-8%

Strong results were driven at San Rafael by sustained improvements in grade, mill throughput and metal recovery as mining and milling operations generally expanded in Q3, 2019 compared to Q3, 2018. Ore production from the Main Zone benefited from additional working headings providing greater operational flexibility.

Silver and lead grades in Q3, 2019 were lower compared to Q2, 2019 with steady zinc grades. Lower tons were produced in Q3, 2019 as a result of normal weather-related power outage during the rainy season.

Development of the incline ramp toward the Upper Zone is now over 85% complete. Access to the area will occur prior to the end of the year leading to significantly increased silver grades by Q4, 2020.

Galena Complex Production Details

The Galena Complex produced 170,642 ounces of silver during Q3, 2019 and 335,250 ounces of silver equivalent at cash costs of $30.68 per silver ounce and AISC of $41.50 per silver ounce. Silver and silver equivalent production decreased by 15% and 13%, respectively, compared to the prior quarter. Cash costs represented an increase of 11% and AISC, an increase of 14% due to the noted lower production and lower lead prices during the quarter. Performance was hampered by poor mobile equipment availability and the ongoing need to advance development for future benefit.

Table 3

Galena Complex Highlights



Q3 2019

Q3 2018

Change

Q2 2019

Change

Processed Ore (tonnes milled)

29,334

37,477

-22%

29,312

0%

Silver Production (ounces)

170,642

220,976

-23%

200,285

-15%

Silver Equivalent Production (ounces) 1

335,250

522,567

-36%

383,349

-13%

Silver Grade (grams per tonne)

187

195

-4%

220

-15%

Cost of Sales ($ per equiv. ounce silver) 1

$19.98

$12.87

55%

$19.75

1%

Cash Costs ($ per ounce silver) 2

$30.68

$17.65

74%

$27.55

11%

All-in Sustaining Costs ($ per ounce silver) 2

$41.50

$23.65

75%

$36.35

14%

Lead Production (pounds)

3,048,824

4,720,775

-35%

3,185,048

-4%

About Americas Gold and Silver Corporation

Americas Gold and Silver is a high-growth, low-cost, precious metals mining company with multiple assets in North America. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded Relief Canyon Project in Nevada, USA, which is currently in construction. It owns and operates the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s financing efforts and the expected results from the Agreement and the joint venture; future development plans at the Galena Complex; exploration, production and cost performance at the Cosalá Operations and the Galena Complex; construction, production, development plans and performance expectations at the Relief Canyon Mine, including the anticipated timing of production. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas, these risks and uncertainties include interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction and operate the Relief Canyon Mine; the ability of the joint venture to further fund, improve and operate the Galena Complex, and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.

Cautionary Note to U.S. Investors:

The terms “proven and probable silver reserve”, “silver resource”, “measured silver resource”, “indicated silver resource”, and “inferred silver resource” used in the press release are mining terms used in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource”, and “inferred mineral resource” are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the Securities & Exchange Commission (“SEC”). Moreover, the definitions of proven and probable reserves used in NI 43-101 differ from the definitions in the United States Securities and Exchange Commission's Industry Guide 7. As such, information contained in the Company's disclosure concerning descriptions of mineralization, reserves and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to “inferred mineral resource” there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

1 Silver equivalent production throughout this press release was calculated based on silver, zinc, and lead realized prices during each respective period.

2 Cash cost per ounce and all-in sustaining cost per ounce are non-IFRS performance measures with no standardized definition. For further information and detailed reconciliations, please refer to the Company’s 2018 year-end and quarterly MD&A.

image: https://cts.businesswire.com/ct/CT?id=bwnews&sty=20191101005171r1&sid=ntxv4&distro=nx&lang=en



View source version on businesswire.com: https://www.businesswire.com/news/home/20191101005171/en/

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

November 1, 2019 - 4:00 AM PDT
Tags: INDUSTRIAL METALS & MINERALS

Read more at https://stockhouse.com/news/press-releases/2019/11/01/americas-gold-and-silver-provides-a-relief-canyon-construction-update-and#hZTqv45LsmykHIzk.99

Gold Price Above $2,800 - Eric Sprott The Fed’s NEW GOLD STANDARD Activates!!
Oct 18, 2019
Economic Predictions 2019
26.7K subscribers

https://www.youtube.com/watch?v=QOmee60N7c0


Americas Silver Corp (USA) OPERATIONS Construction -


https://www.americas-gold.com/operations/relief-canyon/construction-photos/



Leach Pad -



Processing Plant



Reclaim Tunnel construction






Leach Pad Liner Installation



Analysts Overlooking Leach Pad



Leach pad at Relief Canyon -




Arrival of Ledcor 777



Tunnel



Jaw crusher feed hopper




https://www.americas-gold.com/operations/relief-canyon/construction-photos/

In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Silver Corp (USA) OPERATIONS Construction -


https://www.americas-gold.com/operations/relief-canyon/construction-photos/



Leach Pad -



Processing Plant



Reclaim Tunnel construction






Leach Pad Liner Installation



Analysts Overlooking Leach Pad



Leach pad at Relief Canyon -




Arrival of Ledcor 777



Tunnel



Jaw crusher feed hopper




https://www.americas-gold.com/operations/relief-canyon/construction-photos/

Americas Silver Corp (USA) OPERATIONS Construction -


https://www.americas-gold.com/operations/relief-canyon/construction-photos/



Leach Pad -



Processing Plant



Reclaim Tunnel construction






Leach Pad Liner Installation



Analysts Overlooking Leach Pad

AMERICAS GOLD AND SILVER (USA:CT) Top pick.. Jamie carassco
Again a top pick by Jamie today.


https://www.bnnbloomberg.ca/jaime-carrasco-s-top-picks-oct-23-2019-1.1336415

AMERICAS GOLD AND SILVER (USA:CT)

This is one of my favorite companies in the portfolio due to
what the management has delivered over the past five years,
positioning it as a silver and gold producer with
great leverage to increases in the price of the two metals.


https://www.bnnbloomberg.ca/stock/USA:CT


American Silver Corporation (USAS) Presentations -


https://www.americas-gold.com/investors/presentations/


Idaho Mining Conference today!


https://www.americas-gold.com/investors/upcoming-events/


Americas Gold and Silver: Eric Sprott Joint Venture a Natural Fit -

President and CEO Darren Blasutti shares the highlights
of the company's 60/40 joint venture with mining
financier Eric Sprott, which comes with an
initial US$20 million funding commitment.
#PreciousMetalsSummit #SilverPrice #EricSprott


https://www.youtube.com/watch?v=QQ40BLdgUY8


https://www.americas-gold.com/investors/investor-centre/

Silver up...let's have a nice green day...
thanks for heads UP )

In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

American Silver Corporation (USAS) Presentations -


https://www.americas-gold.com/investors/presentations/


Idaho Mining Conference today!


https://www.americas-gold.com/investors/upcoming-events/


Americas Gold and Silver: Eric Sprott Joint Venture a Natural Fit -

President and CEO Darren Blasutti shares the highlights
of the company's 60/40 joint venture with mining
financier Eric Sprott, which comes with an
initial US$20 million funding commitment.
#PreciousMetalsSummit #SilverPrice #EricSprott


https://www.youtube.com/watch?v=QQ40BLdgUY8


https://www.americas-gold.com/investors/investor-centre/

Silver up...let's have a nice green day...
thanks for heads UP )

In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Gold and Silver: Eric Sprott Joint Venture a Natural Fit -

President and CEO Darren Blasutti shares the highlights
of the company's 60/40 joint venture with mining
financier Eric Sprott, which comes with an
initial US$20 million funding commitment.
#PreciousMetalsSummit #SilverPrice #EricSprott


https://www.youtube.com/watch?v=QQ40BLdgUY8

Silver up...let's have a nice green day...
thanks for heads UP )

In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Gold price boom has completely changed mergers landscape -
9,477 views•Sep 19, 2019
Kitco NEWS
69.2K subscribers

https://www.youtube.com/watch?v=p58-eK4u2SE

To the first GOLD at Relief Canyon.

we are now only 6-7 weeks from the breakthrough happening for the company. In value terms Relief Canyon will constitute 60-65% of the companys revenues.

so everyday is a ”de-risking” day for the ”easiest mine the team has built” according to Darren Blasutti.

And NO MATTER what gold- and silverprice do the coming days (unless it really plunges down of course), there will be a substantial reevaluation of Americas gold and Silver!!!

https://www.americas-gold.com/site/assets/files/5091/relief_tech_report_2018.pdf

https://www.americas-gold.com/investors/presentations/

https://www.americas-gold.com

To the first GOLD at Relief Canyon.

we are now only 6-7 weeks from the breakthrough happening for the company. In value terms Relief Canyon will constitute 60-65% of the companys revenues.

so everyday is a ”de-risking” day for the ”easiest mine the team has built” according to Darren Blasutti.

And NO MATTER what gold- and silverprice do the coming days (unless it really plunges down of course), there will be a substantial reevaluation of Americas gold and Silver!!!

https://www.americas-gold.com/site/assets/files/5091/relief_tech_report_2018.pdf

https://www.americas-gold.com/investors/presentations/

https://www.americas-gold.com

What a bargain!
Work progressing at Relief Canyon according to plan!
despite that, people who buy today can do it at a discount!

7 CAD at christmas :)
by SXR600 @ sth

Yes that sounds good to me.
Good luck to the both of us.
Hopefully we will be rewarded soon enough.
I think we are getting close. )

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151106988

https://ih.advfn.com/stock-market/AMEX/americas-gold-and-silver-USAS/stock-news/80692345/americas-gold-and-silver-announces-strategic-joint

I think it's seeing it right now, I agree with You thanks Bro Solarfuture
& Montanore -

USAS should be over $4. Right now!

https://finviz.com/futures_charts.ashx?p=d1&t=SI


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150245216

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151106988

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151502364

legendary Pierre Lassonde spoke with King World News and predicted for the first time ever that the price of gold will soar above $10,000 -

http://kingworldnews.com/legend-pierre-lassonde-says-gold-bull-market-to-send-price-of-gold-soaring-above-10000/

Nevada is the Golden State -

https://aheadoftheherd.com/Newsletter/2019/Nevada-is-the-Golden-State.htm


Another weekend closer...
to first GOLD at Relief Canyon.

we are now only 6-7 weeks from the breakthrough happening for the company. In value terms Relief Canyon will constitute 60-65% of the company's revenues.

so everyday is a ”de-risking” day for the ”easiest mine the team has built” according to Darren Blasutti.

And NO MATTER what gold- and silver price do the coming days (unless it really plunges down of course), there will be a substantial reevaluation of Americas gold and Silver!!!

I have 50% of my stock value money in USA.T.
what about you?
by SXR600 @ sth

Have a great weekend
following mark #7 to you Solarfuture -
TIA

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151055419

Relief Canyon Technical Report - Net after operating costs
According to the Relief Canyon Technical Report and Feasibility Study the operations will generate the following Net after operating costs (Page 18 https://www.americas-gold.com/site/assets/files/5091/relief_tech_report_2018.pdf)

Net after Operating Costs
Year 1: $24,064.5 (Total Gold Produced: 68,660 ounces)
Year 2: $37,815.7 (Total Gold Produced: 83,270 ounces)
Year 3: $38,741.9 (Total Gold Produced: 86,390 ounces)
Year 4: $25,607.8 (Total Gold Produced: 83,850 ounces)
Year 5: $38,089.2 (Total Gold Produced: 93,520 ounces)
Year 6: $81,392.8 (Total Gold Produced: 93,170 ounces)
Year 7: $998.1 (Total Gold Produced: 650 ounces)
Total: $246,710.1 (Total Gold Produced: 509.51 ounces)

I did not include the amounts of Silver produced in the above overview. The model is based on $1,290 per ounce gold price and $16.75 per ounce silver price. As a result the net after operating costs is around 40 % higher with today price of Gold $1,500 (AISC at Relief Canyon is $801).

by kukaman @ sth

The Big Silver Shock: Is $150 a 'No Brainer'?
40,223 views•Premiered on 2 Oct 2019
GoldSilver (w/ Mike Maloney)
428K subscribers

https://www.youtube.com/watch?v=k468F2reS6Y


Americas Silver Corp (USA) (TSX:USA)(US:USAS) Precious Metals Summit Beaver
Creek, Sept. 11-13, 2019
Darren Blasutti, President & CEO
NYSE-A: USAS


https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2019/09/11/americas-silver-corporation/play/stream/28273



Americas Gold and Silver Announces Strategic Joint Venture With Mr. Eric Sprott at the Galena Complex
T.USA |


Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, today announces a strategic joint venture agreement (the “Agreement”) with Mr. Eric Sprott to recapitalize the mining operations at the Galena Complex, located in the Silver Valley of Northwest Idaho.

The strategic joint venture – expected to be 60/40 Americas/Sprott respectively – will allow Americas to increase development, modernize infrastructure, purchase new mining equipment, and target exploration below current operating areas with the goal of positioning the Galena Complex to significantly increase resources, production, and reduce operating costs at the mine over the next two years.
Effective October 1, 2019, Mr. Sprott through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, will initially commit up to US$20 million to fund capital improvements and operations for the first year to earn a 40 percent interest in the Company’s Galena Complex. Americas will invest an additional US$5 million to fund further capital improvements in 2020.







After the first year of operations under the Agreement, the parties will revert to their percentage ownership interests to fund capital projects and operations as required in proportion to those interests.
Oversight of the joint venture will consist of 2 nominees from Americas and 1 nominee by Mr. Sprott. Americas will continue to manage the day-to-day operations so long as it retains an interest in the joint venture.
“We are thrilled to partner with Eric Sprott on this joint venture. He is already the single largest shareholder in Americas; with this new venture, we are further solidifying our relationship with him”, said Darren Blasutti, President and CEO of Americas Gold and Silver. “We look forward to putting his significant investment into developing the Galena Complex to benefit all our stakeholders in the coming months and transforming the Galena Complex into a leading US-based, profitable silver producer.”

Due to low silver prices and limited capital available from the capital markets for silver operational improvements since 2012, Americas has spent minimal funds at the Galena Complex to replace worn equipment, update aging infrastructure, stope development, and exploration. Americas is currently allocating all its available capital to re-start the Relief Canyon mine in Nevada, which is scheduled to begin producing gold in late Q4, 2019. The Relief Canyon mine is targeted to increase the Company’s precious metal production by approximately 500% by 2021. In 2017 and 2018, the Company focused available capital on developing the San Rafael mine in Mexico which this year became a significant free-cash flow generating asset.

The Galena Complex possesses significant operational optionality and leverage to silver prices. The mine has between 1,250 and 1,500 tons of daily milling capacity though it is currently processing only 500 tons per day, five days a week. It produces between 0.8 M to 1.0 M silver ounces annually at high costs as a result of lower throughput, reduced operational flexibility and old equipment. The current proven and probable silver reserve includes 12.4 million ounces, a further measured and indicated silver resource of 27.4 million ounces and an inferred silver resource of approximately 39.0 million ounces (exclusive of lead and copper resources). Though this operational base is a strong starting point for comparable silver mines, a capital redevelopment of the asset is required to best exploit the existing resources, improve operational performance, and capitalize on expected higher silver prices. Further, Americas and Mr. Sprott believe there are substantially more silver resources to be discovered at better grades along extensions of existing veins and at depth.

Americas believes that the significant investment and joint venture announced today with Mr. Sprott will allow the parties to develop the Galena Complex into a long-term, profitable mine, including to take full advantage of the recent move in silver price. The Company needed an outside partner who not only shared the same vision for the current upside and leverage embedded at the Galena Complex but was willing to commit capital to systematically explore for deeper level, high-grade targets that may transform the mine into an important silver producer in the medium to long-term. Further, with the only operating mine in the Silver Valley, the joint venture will be well-positioned to take advantage of any consolidation opportunities which may evolve in the District.

Other material provisions of the Agreement include (i) standard dilution if a party does not contribute its proportionate share of costs; (ii) penalty dilution if a party defaults in contributing its share of costs; (iii) a party’s interest in the joint venture is converted to a 5% net proceeds interest if that party’s percentage interest falls below 10%; and (iv) each party has a pre-emptive right to acquire the other party’s interest should that party desire to sell its interest in the joint venture.

Medalist Capital Ltd acted as financial advisor to both parties with respect to the transaction.

For further technical information on the Galena Complex please see the applicable NI 43-101 Technical Report available at www.sedar.com and the Company’s website at www.americas-gold.com.

About Americas Gold and Silver Corporation
Americas Gold and Silver is a high-growth, low-cost, precious metals mining company with multiple assets in North America. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded Relief Canyon Project in Nevada, USA, which is currently in construction. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

Cautionary Statement on Forward-Looking Information:
This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas’ expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s financing efforts and the expected results from the Agreement and the joint venture; future development plans at the Galena Complex; exploration, production and cost performance at the Cosalá Operations and the Galena Complex; construction, production, development plans and performance expectations at the Relief Canyon Mine, including the anticipated timing of production. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of America’s as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas, these risks and uncertainties include interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction and operate the Relief Canyon Mine; the ability of the joint venture to further fund, improve and operate the Galena Complex, and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in America’s filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.

Cautionary Note to U.S. Investors:
The terms “proven and probable silver reserve”, “silver resource”, “measured silver resource”, “indicated silver resource”, and “inferred silver resource” used in the press release are mining terms used in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource”, and “inferred mineral resource” are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the Securities & Exchange Commission (“SEC”). Moreover, the definitions of proven and probable reserves used in NI 43-101 differ from the definitions in the United States Securities and Exchange Commission's Industry Guide 7. As such, information contained in the Company's disclosure concerning descriptions of mineralization, reserves and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to “inferred mineral resource” there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

image: https://cts.businesswire.com/ct/CT?id=bwnews&sty=20190909005911r1&sid=ntxv4&distro=nx&lang=en



View source version on businesswire.com: https://www.businesswire.com/news/home/20190909005911/en/

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

Copyright Business Wire 2019
Business Wire
September 9, 2019 - 1:19 PM PDT
Tags:
INDUSTRIAL METALS & MINERALS

Read more at https://stockhouse.com/news/press-releases/2019/09/09/americas-gold-and-silver-announces-strategic-joint-venture-with-mr-eric-sprott#oCDbLTdhRFIpUquX.99

Interview: Darren Blasutti, Americas Silver - 121 Mining Investment London 2019 -







https://www.youtube.com/watch?v=NXQ09Mt71Zk


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150244906


AMERICAS SILVER CORPORATION CLOSES US$10M PRIVATE PLACEMENT WITH MR. ERIC SPROTT
TORONTO, ONTARIO - July 26, 2019 -

Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) is pleased to announce the closing of its non-brokered private placement with Mr. Eric Sprott, announced in the news release dated July 19, 2019. The Company raised gross proceeds of US$10 Million through the issuance of 3,955,454 common shares priced at CDN$3.30 per share.

As at July 26, 2019, there are 82,487,633 common shares and 3,678,135 preferred shares with 5,928,500 options and 5,087,014 warrants of the Company issued and outstanding.

About Americas Silver Corporation



Americas Silver is a precious metal mining company focused on growth from its existing asset base and execution of targeted accretive acquisitions. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded, Relief Canyon Project, in Nevada, USA which is currently in construction. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or

http://www.americassilvercorp.com

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Silver’s expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s construction, production, and development plans at the Relief Canyon Project and performance expectations for the Relief Canyon Project and impact on Americas Silver’s financial performance; and the estimated construction timeline and costs for the Relief Canyon Project. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance.

Forward-looking information is based on the opinions and estimates of Americas Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Silver, these risks and uncertainties include the ability to develop, complete construction and operate the Relief Canyon Project; permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas Silver’s filings with the Canadian Securities Administrators on SEDAR and with the SEC, this information, except as required by law. Americas Silver does not give any assurance (1) that Americas Silver will achieve its expectations, or (2) concerning the result or timing thereof.


For more information:
Darren Blasutti
President and CEO
Americas Silver Corporation
416-848-9503

http://www.americassilvercorp.com

https://www.americassilvercorp.com/site/assets/files/5249/presentation20190722.pdf

In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Silver Corp (USA) (TSX:USA)(US:USAS) Precious Metals Summit Beaver
Creek, Sept. 11-13, 2019
Darren Blasutti, President & CEO
NYSE-A: USAS


https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2019/09/11/americas-silver-corporation/play/stream/28273


Americas Gold and Silver Announces Strategic Joint Venture With Mr. Eric Sprott at the Galena Complex
T.USA |


Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, today announces a strategic joint venture agreement (the “Agreement”) with Mr. Eric Sprott to recapitalize the mining operations at the Galena Complex, located in the Silver Valley of Northwest Idaho.

The strategic joint venture – expected to be 60/40 Americas/Sprott respectively – will allow Americas to increase development, modernize infrastructure, purchase new mining equipment, and target exploration below current operating areas with the goal of positioning the Galena Complex to significantly increase resources, production, and reduce operating costs at the mine over the next two years.
Effective October 1, 2019, Mr. Sprott through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, will initially commit up to US$20 million to fund capital improvements and operations for the first year to earn a 40 percent interest in the Company’s Galena Complex. Americas will invest an additional US$5 million to fund further capital improvements in 2020.







After the first year of operations under the Agreement, the parties will revert to their percentage ownership interests to fund capital projects and operations as required in proportion to those interests.
Oversight of the joint venture will consist of 2 nominees from Americas and 1 nominee by Mr. Sprott. Americas will continue to manage the day-to-day operations so long as it retains an interest in the joint venture.
“We are thrilled to partner with Eric Sprott on this joint venture. He is already the single largest shareholder in Americas; with this new venture, we are further solidifying our relationship with him”, said Darren Blasutti, President and CEO of Americas Gold and Silver. “We look forward to putting his significant investment into developing the Galena Complex to benefit all our stakeholders in the coming months and transforming the Galena Complex into a leading US-based, profitable silver producer.”

Due to low silver prices and limited capital available from the capital markets for silver operational improvements since 2012, Americas has spent minimal funds at the Galena Complex to replace worn equipment, update aging infrastructure, stope development, and exploration. Americas is currently allocating all its available capital to re-start the Relief Canyon mine in Nevada, which is scheduled to begin producing gold in late Q4, 2019. The Relief Canyon mine is targeted to increase the Company’s precious metal production by approximately 500% by 2021. In 2017 and 2018, the Company focused available capital on developing the San Rafael mine in Mexico which this year became a significant free-cash flow generating asset.

The Galena Complex possesses significant operational optionality and leverage to silver prices. The mine has between 1,250 and 1,500 tons of daily milling capacity though it is currently processing only 500 tons per day, five days a week. It produces between 0.8 M to 1.0 M silver ounces annually at high costs as a result of lower throughput, reduced operational flexibility and old equipment. The current proven and probable silver reserve includes 12.4 million ounces, a further measured and indicated silver resource of 27.4 million ounces and an inferred silver resource of approximately 39.0 million ounces (exclusive of lead and copper resources). Though this operational base is a strong starting point for comparable silver mines, a capital redevelopment of the asset is required to best exploit the existing resources, improve operational performance, and capitalize on expected higher silver prices. Further, Americas and Mr. Sprott believe there are substantially more silver resources to be discovered at better grades along extensions of existing veins and at depth.

Americas believes that the significant investment and joint venture announced today with Mr. Sprott will allow the parties to develop the Galena Complex into a long-term, profitable mine, including to take full advantage of the recent move in silver price. The Company needed an outside partner who not only shared the same vision for the current upside and leverage embedded at the Galena Complex but was willing to commit capital to systematically explore for deeper level, high-grade targets that may transform the mine into an important silver producer in the medium to long-term. Further, with the only operating mine in the Silver Valley, the joint venture will be well-positioned to take advantage of any consolidation opportunities which may evolve in the District.

Other material provisions of the Agreement include (i) standard dilution if a party does not contribute its proportionate share of costs; (ii) penalty dilution if a party defaults in contributing its share of costs; (iii) a party’s interest in the joint venture is converted to a 5% net proceeds interest if that party’s percentage interest falls below 10%; and (iv) each party has a pre-emptive right to acquire the other party’s interest should that party desire to sell its interest in the joint venture.

Medalist Capital Ltd acted as financial advisor to both parties with respect to the transaction.

For further technical information on the Galena Complex please see the applicable NI 43-101 Technical Report available at www.sedar.com and the Company’s website at www.americas-gold.com.

About Americas Gold and Silver Corporation
Americas Gold and Silver is a high-growth, low-cost, precious metals mining company with multiple assets in North America. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded Relief Canyon Project in Nevada, USA, which is currently in construction. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

Cautionary Statement on Forward-Looking Information:
This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas’ expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s financing efforts and the expected results from the Agreement and the joint venture; future development plans at the Galena Complex; exploration, production and cost performance at the Cosalá Operations and the Galena Complex; construction, production, development plans and performance expectations at the Relief Canyon Mine, including the anticipated timing of production. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of America’s as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas, these risks and uncertainties include interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction and operate the Relief Canyon Mine; the ability of the joint venture to further fund, improve and operate the Galena Complex, and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in America’s filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.

Cautionary Note to U.S. Investors:
The terms “proven and probable silver reserve”, “silver resource”, “measured silver resource”, “indicated silver resource”, and “inferred silver resource” used in the press release are mining terms used in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource”, and “inferred mineral resource” are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the Securities & Exchange Commission (“SEC”). Moreover, the definitions of proven and probable reserves used in NI 43-101 differ from the definitions in the United States Securities and Exchange Commission's Industry Guide 7. As such, information contained in the Company's disclosure concerning descriptions of mineralization, reserves and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to “inferred mineral resource” there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

image: https://cts.businesswire.com/ct/CT?id=bwnews&sty=20190909005911r1&sid=ntxv4&distro=nx&lang=en



View source version on businesswire.com: https://www.businesswire.com/news/home/20190909005911/en/

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

Copyright Business Wire 2019
Business Wire
September 9, 2019 - 1:19 PM PDT
Tags:
INDUSTRIAL METALS & MINERALS

Read more at https://stockhouse.com/news/press-releases/2019/09/09/americas-gold-and-silver-announces-strategic-joint-venture-with-mr-eric-sprott#oCDbLTdhRFIpUquX.99

Interview: Darren Blasutti, Americas Silver - 121 Mining Investment London 2019 -

https://www.youtube.com/watch?v=NXQ09Mt71Zk


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150244906


AMERICAS SILVER CORPORATION CLOSES US$10M PRIVATE PLACEMENT WITH MR. ERIC SPROTT
TORONTO, ONTARIO - July 26, 2019 -

Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) is pleased to announce the closing of its non-brokered private placement with Mr. Eric Sprott, announced in the news release dated July 19, 2019. The Company raised gross proceeds of US$10 Million through the issuance of 3,955,454 common shares priced at CDN$3.30 per share.

As at July 26, 2019, there are 82,487,633 common shares and 3,678,135 preferred shares with 5,928,500 options and 5,087,014 warrants of the Company issued and outstanding.

About Americas Silver Corporation



Americas Silver is a precious metal mining company focused on growth from its existing asset base and execution of targeted accretive acquisitions. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded, Relief Canyon Project, in Nevada, USA which is currently in construction. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or

http://www.americassilvercorp.com

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Silver’s expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s construction, production, and development plans at the Relief Canyon Project and performance expectations for the Relief Canyon Project and impact on Americas Silver’s financial performance; and the estimated construction timeline and costs for the Relief Canyon Project. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance.

Forward-looking information is based on the opinions and estimates of Americas Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Silver, these risks and uncertainties include the ability to develop, complete construction and operate the Relief Canyon Project; permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas Silver’s filings with the Canadian Securities Administrators on SEDAR and with the SEC, this information, except as required by law. Americas Silver does not give any assurance (1) that Americas Silver will achieve its expectations, or (2) concerning the result or timing thereof.


For more information:
Darren Blasutti
President and CEO
Americas Silver Corporation
416-848-9503

http://www.americassilvercorp.com

https://www.americassilvercorp.com/site/assets/files/5249/presentation20190722.pdf

In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Americas Gold and Silver Announces Strategic Joint Venture With Mr. Eric Sprott at the Galena Complex
T.USA | 3 days ago
TORONTO


Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, today announces a strategic joint venture agreement (the “Agreement”) with Mr. Eric Sprott to recapitalize the mining operations at the Galena Complex, located in the Silver Valley of Northwest Idaho.







The strategic joint venture – expected to be 60/40 Americas/Sprott respectively – will allow Americas to increase development, modernize infrastructure, purchase new mining equipment, and target exploration below current operating areas with the goal of positioning the Galena Complex to significantly increase resources, production, and reduce operating costs at the mine over the next two years.
Effective October 1, 2019, Mr. Sprott through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, will initially commit up to US$20 million to fund capital improvements and operations for the first year to earn a 40 percent interest in the Company’s Galena Complex. Americas will invest an additional US$5 million to fund further capital improvements in 2020.

After the first year of operations under the Agreement, the parties will revert to their percentage ownership interests to fund capital projects and operations as required in proportion to those interests.
Oversight of the joint venture will consist of 2 nominees from Americas and 1 nominee by Mr. Sprott. Americas will continue to manage the day-to-day operations so long as it retains an interest in the joint venture.
“We are thrilled to partner with Eric Sprott on this joint venture. He is already the single largest shareholder in Americas; with this new venture, we are further solidifying our relationship with him”, said Darren Blasutti, President and CEO of Americas Gold and Silver. “We look forward to putting his significant investment into developing the Galena Complex to benefit all our stakeholders in the coming months and transforming the Galena Complex into a leading US-based, profitable silver producer.”

Due to low silver prices and limited capital available from the capital markets for silver operational improvements since 2012, Americas has spent minimal funds at the Galena Complex to replace worn equipment, update aging infrastructure, stope development, and exploration. Americas is currently allocating all its available capital to re-start the Relief Canyon mine in Nevada, which is scheduled to begin producing gold in late Q4, 2019. The Relief Canyon mine is targeted to increase the Company’s precious metal production by approximately 500% by 2021. In 2017 and 2018, the Company focused available capital on developing the San Rafael mine in Mexico which this year became a significant free-cash flow generating asset.

The Galena Complex possesses significant operational optionality and leverage to silver prices. The mine has between 1,250 and 1,500 tons of daily milling capacity though it is currently processing only 500 tons per day, five days a week. It produces between 0.8 M to 1.0 M silver ounces annually at high costs as a result of lower throughput, reduced operational flexibility and old equipment. The current proven and probable silver reserve includes 12.4 million ounces, a further measured and indicated silver resource of 27.4 million ounces and an inferred silver resource of approximately 39.0 million ounces (exclusive of lead and copper resources). Though this operational base is a strong starting point for comparable silver mines, a capital redevelopment of the asset is required to best exploit the existing resources, improve operational performance, and capitalize on expected higher silver prices. Further, Americas and Mr. Sprott believe there are substantially more silver resources to be discovered at better grades along extensions of existing veins and at depth.

Americas believes that the significant investment and joint venture announced today with Mr. Sprott will allow the parties to develop the Galena Complex into a long-term, profitable mine, including to take full advantage of the recent move in silver price. The Company needed an outside partner who not only shared the same vision for the current upside and leverage embedded at the Galena Complex but was willing to commit capital to systematically explore for deeper level, high-grade targets that may transform the mine into an important silver producer in the medium to long-term. Further, with the only operating mine in the Silver Valley, the joint venture will be well-positioned to take advantage of any consolidation opportunities which may evolve in the District.

Other material provisions of the Agreement include (i) standard dilution if a party does not contribute its proportionate share of costs; (ii) penalty dilution if a party defaults in contributing its share of costs; (iii) a party’s interest in the joint venture is converted to a 5% net proceeds interest if that party’s percentage interest falls below 10%; and (iv) each party has a pre-emptive right to acquire the other party’s interest should that party desire to sell its interest in the joint venture.

Medalist Capital Ltd acted as financial advisor to both parties with respect to the transaction.

For further technical information on the Galena Complex please see the applicable NI 43-101 Technical Report available at www.sedar.com and the Company’s website at www.americas-gold.com.

About Americas Gold and Silver Corporation
Americas Gold and Silver is a high-growth, low-cost, precious metals mining company with multiple assets in North America. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded Relief Canyon Project in Nevada, USA, which is currently in construction. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

Cautionary Statement on Forward-Looking Information:
This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas’ expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s financing efforts and the expected results from the Agreement and the joint venture; future development plans at the Galena Complex; exploration, production and cost performance at the Cosalá Operations and the Galena Complex; construction, production, development plans and performance expectations at the Relief Canyon Mine, including the anticipated timing of production. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of America’s as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas, these risks and uncertainties include interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to develop, complete construction and operate the Relief Canyon Mine; the ability of the joint venture to further fund, improve and operate the Galena Complex, and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in America’s filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.

Cautionary Note to U.S. Investors:
The terms “proven and probable silver reserve”, “silver resource”, “measured silver resource”, “indicated silver resource”, and “inferred silver resource” used in the press release are mining terms used in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource”, and “inferred mineral resource” are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the Securities & Exchange Commission (“SEC”). Moreover, the definitions of proven and probable reserves used in NI 43-101 differ from the definitions in the United States Securities and Exchange Commission's Industry Guide 7. As such, information contained in the Company's disclosure concerning descriptions of mineralization, reserves and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to “inferred mineral resource” there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

image: https://cts.businesswire.com/ct/CT?id=bwnews&sty=20190909005911r1&sid=ntxv4&distro=nx&lang=en



View source version on businesswire.com: https://www.businesswire.com/news/home/20190909005911/en/

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416-848-9503

Copyright Business Wire 2019
Business Wire
September 9, 2019 - 1:19 PM PDT
Tags:
INDUSTRIAL METALS & MINERALS

Read more at https://stockhouse.com/news/press-releases/2019/09/09/americas-gold-and-silver-announces-strategic-joint-venture-with-mr-eric-sprott#oCDbLTdhRFIpUquX.99

Interview: Darren Blasutti, Americas Silver - 121 Mining Investment London 2019 -

https://www.youtube.com/watch?v=NXQ09Mt71Zk


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150244906


AMERICAS SILVER CORPORATION CLOSES US$10M PRIVATE PLACEMENT WITH MR. ERIC SPROTT
TORONTO, ONTARIO - July 26, 2019 -

Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) is pleased to announce the closing of its non-brokered private placement with Mr. Eric Sprott, announced in the news release dated July 19, 2019. The Company raised gross proceeds of US$10 Million through the issuance of 3,955,454 common shares priced at CDN$3.30 per share.

As at July 26, 2019, there are 82,487,633 common shares and 3,678,135 preferred shares with 5,928,500 options and 5,087,014 warrants of the Company issued and outstanding.

About Americas Silver Corporation



Americas Silver is a precious metal mining company focused on growth from its existing asset base and execution of targeted accretive acquisitions. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded, Relief Canyon Project, in Nevada, USA which is currently in construction. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or

http://www.americassilvercorp.com

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Silver’s expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s construction, production, and development plans at the Relief Canyon Project and performance expectations for the Relief Canyon Project and impact on Americas Silver’s financial performance; and the estimated construction timeline and costs for the Relief Canyon Project. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance.

Forward-looking information is based on the opinions and estimates of Americas Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Silver, these risks and uncertainties include the ability to develop, complete construction and operate the Relief Canyon Project; permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas Silver’s filings with the Canadian Securities Administrators on SEDAR and with the SEC, this information, except as required by law. Americas Silver does not give any assurance (1) that Americas Silver will achieve its expectations, or (2) concerning the result or timing thereof.


For more information:
Darren Blasutti
President and CEO
Americas Silver Corporation
416-848-9503

http://www.americassilvercorp.com

https://www.americassilvercorp.com/site/assets/files/5249/presentation20190722.pdf

In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Sprott to recapitalize Galena Complex
Americas Gold and Silver has entered into a strategic joint venture
agreement with Eric Sprott to recapitalise the mining operations at the
Galena Complex in the Silver Valley of northwest Idaho, USA, allowing
for investment in the asset to continue at a time when the company is
otherwise focusing on its gold assets.



Sprott to recapitalize Galena Complex
The Galena mill in Idaho, USA

Gold And Silver > Events-coverage11 September 2019CommentsShare
Under the 60:40 JV arrangement, Sprott through his 2176423 Ontario
company, will commit an initial US$20 million to fund capital
improvements and operations for the first year to earn 40%, with


https://www.mining-journal.com/events-coverage/news/1371286/sprott-to-recapitalize-galena-complex

Father God is in Charge.
Gold and Silver is God's money and is the Answer.
Be Bold NOT Passive.

https://www.youtube.com/watch?time_continue=158&v=mpM-rUhbWm8


GOLD is Father GOD'S Money!
by Robert Kiyosaki says -




God made gold and silver.
Man made paper to replace gold and silver as money.
Throughout the history of mankind
ALL paper currencies have failed.
It's an inevitable consequence of paper
lacking intrinsic value of gold and silver... simple.
Propaganda to the contrary is an attempt to deceive people
out of their money, their value, the fruits of their labor,
their life savings, their future as independent people
living comfortably as a result of hard work and
planning for retirement their entire adult lives.
All of this is at risk for anyone trusting in paper
or electronic currency, which are only substitutes
for the real money, God's money, gold and silver.

https://www.youtube.com/watch?v=J6YJziTrHII

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149848284



In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

Pershing Gold Corp | Relief Canyon Mine Is Back In Gold Production -
BTV Business Television
Published on 27 Sep 2017

Pershing Gold Corp. has all the permits in place to advance
the Relief Canyon Mine in Nevada back into gold production.


https://www.youtube.com/watch?v=gn9uJ1kp5y8



AMERICAS SILVER CORPORATION > Pershing Gold Tour >
Sean Brodrick
Published on 31 Oct 2016





https://www.youtube.com/watch?v=Ut3eiDU3q6g


Interview: Darren Blasutti, Americas Silver - 121 Mining Investment London 2019 -

https://www.youtube.com/watch?v=NXQ09Mt71Zk


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150244906


AMERICAS SILVER CORPORATION CLOSES US$10M PRIVATE PLACEMENT WITH MR. ERIC SPROTT
TORONTO, ONTARIO - July 26, 2019 -

Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) is pleased to announce the closing of its non-brokered private placement with Mr. Eric Sprott, announced in the news release dated July 19, 2019. The Company raised gross proceeds of US$10 Million through the issuance of 3,955,454 common shares priced at CDN$3.30 per share.

As at July 26, 2019, there are 82,487,633 common shares and 3,678,135 preferred shares with 5,928,500 options and 5,087,014 warrants of the Company issued and outstanding.

About Americas Silver Corporation



Americas Silver is a precious metal mining company focused on growth from its existing asset base and execution of targeted accretive acquisitions. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded, Relief Canyon Project, in Nevada, USA which is currently in construction. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or

http://www.americassilvercorp.com

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Silver’s expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s construction, production, and development plans at the Relief Canyon Project and performance expectations for the Relief Canyon Project and impact on Americas Silver’s financial performance; and the estimated construction timeline and costs for the Relief Canyon Project. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance.

Forward-looking information is based on the opinions and estimates of Americas Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Silver, these risks and uncertainties include the ability to develop, complete construction and operate the Relief Canyon Project; permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas Silver’s filings with the Canadian Securities Administrators on SEDAR and with the SEC, this information, except as required by law. Americas Silver does not give any assurance (1) that Americas Silver will achieve its expectations, or (2) concerning the result or timing thereof.


For more information:
Darren Blasutti
President and CEO
Americas Silver Corporation
416-848-9503

http://www.americassilvercorp.com

https://www.americassilvercorp.com/site/assets/files/5249/presentation20190722.pdf

In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

AMERICAS SILVER CORPORATION > Pershing Gold Tour >
Sean Brodrick
Published on 31 Oct 2016

https://www.youtube.com/watch?v=Ut3eiDU3q6g


Interview: Darren Blasutti, Americas Silver - 121 Mining Investment London 2019 -

https://www.youtube.com/watch?v=NXQ09Mt71Zk


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150244906


AMERICAS SILVER CORPORATION CLOSES US$10M PRIVATE PLACEMENT WITH MR. ERIC SPROTT
TORONTO, ONTARIO - July 26, 2019 -

Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) is pleased to announce the closing of its non-brokered private placement with Mr. Eric Sprott, announced in the news release dated July 19, 2019. The Company raised gross proceeds of US$10 Million through the issuance of 3,955,454 common shares priced at CDN$3.30 per share.

As at July 26, 2019, there are 82,487,633 common shares and 3,678,135 preferred shares with 5,928,500 options and 5,087,014 warrants of the Company issued and outstanding.

About Americas Silver Corporation



Americas Silver is a precious metal mining company focused on growth from its existing asset base and execution of targeted accretive acquisitions. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded, Relief Canyon Project, in Nevada, USA which is currently in construction. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or

http://www.americassilvercorp.com

Cautionary Statement on Forward-Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Silver’s expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s construction, production, and development plans at the Relief Canyon Project and performance expectations for the Relief Canyon Project and impact on Americas Silver’s financial performance; and the estimated construction timeline and costs for the Relief Canyon Project. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance.

Forward-looking information is based on the opinions and estimates of Americas Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Silver, these risks and uncertainties include the ability to develop, complete construction and operate the Relief Canyon Project; permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas Silver’s filings with the Canadian Securities Administrators on SEDAR and with the SEC, this information, except as required by law. Americas Silver does not give any assurance (1) that Americas Silver will achieve its expectations, or (2) concerning the result or timing thereof.


For more information:
Darren Blasutti
President and CEO
Americas Silver Corporation
416-848-9503

http://www.americassilvercorp.com

https://www.americassilvercorp.com/site/assets/files/5249/presentation20190722.pdf

In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA