Americas Gold and Silver aims to deliver a compelling value proposition, leading precious metal leverage and superior shareholder returns through a focus on operating performance, cash flow generation and financial strength.
There are several components to this strategy:
Diversified Production Base
The Cosalá District in Sinaloa, Mexico and Galena Complex in Idaho, USA are well-established operating platforms that are positioned to deliver sustainable and growing production and free cash flow. The newly acquired Relief Canyon Mine in Nevada, USA, will further contribute to Americas Gold and Silver precious metal production growth in 2020.
Improving Cash Cost Profile
Americas Gold and Silver has a proven track record in reducing cash costs through operational optimization and a focus on low capital projects using existing infrastructure. 2019 will bring USA’s first gold pour, improved production scale and lower all-in-costs.
Robust Reserve And Resource Base
Reserves and resources support sustainable operations at current prices, with further potential for profitable brownfield expansion at higher prices. Mine lives are greater than 10 years at both operations, supported by silver reserves of over 28 million ounces. Relief Canyon brings gold reserves of 635,000 oz and M&I resources (inclusive of reserves) of ~800,000oz. (See feasibility study in Relief Canyon Project page)
Focus On Exploration
Americas Gold and Silver has numerous attractive precious metals targets to support long-term operations and future growth. Near term efforts will be dedicated to assessing and generating exploration value across the Company’s operating portfolio.
Enhanced Market Presence
Dual listing on the TSE and NYSE American for increased liquidity, strong endorsement from key institutional and retail investors, and greater access to pools of capital to support ongoing organic and external growth initiatives.
Commodity Exposure
Americas Gold and Silver has strong optionality to both silver and base metal prices, better positioning the company to optimize its cash cost structure and future free cash flow generating potential. Relief Canyon provides growth in precious metals, introducing gold into our asset base, with the potential to produce between 80,000 and 90,000 ounces annually once the project is brought into production.
Company Name | Americas Gold and Silver |
Business Category | Base Metals |
Address | Suite 2870, 145 King Street West Toronto Ontario Canada ZIP: M5H 1J8 |
President | Darren Blasutti |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | 9.00am to 5:00pm Mon – Fri |
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