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Americas Gold and Silver says production ramping up at Cosalá

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(Kitco News) - Americas Gold and Silver (TSX: USA) (NYSE: USAS) today reported that the Los Braceros plant at the company's Cosalá Operations in Mexico has returned to nameplate production.

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.

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