Americas Gold and Silver says production ramping up at Cosalá
The company said that the plant has returned to nameplate production with a steady source of feed from a combination of existing stockpiled ore and new production from the mine.
Importantly, the company added that the San Rafael mine production continues to ramp-up and does not represent a bottleneck to mill production.
"Initial production will focus on maximizing near-term free cash flow by mining high-grade zinc-silver areas of the Main Zone which were fully developed prior to the illegal blockade," Americas Gold and Silver said in a statement.
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Over the course of the next six months, the mine will continue development into the Upper Zone, which carries silver grades approximately 5-6 times higher than the Main Zone. Mining the silver-rich areas of the Cosalá Operations is expected to significantly increase silver production to over 2.5 million ounces of silver per year, the company noted.
Americas Gold and Silver is a precious metals mining company with multiple assets in North America. The company owns and operates the Cosalá Operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, USA, and the Relief Canyon mine in Nevada, USA. The company also owns the San Felipe development project in Sonora, Mexico.