Americas Gold and Silver Corporation: Update on Galena Complex Capital Projects

Americas Gold and Silver Corporation provided an update on its capital projects at the Galena Complex, including the Galena Mine and Crescent Mine. Key developments include progress on the Paste Backfill Plant, No. 3 Shaft hoisting upgrades, fiber optic installation, Galena Shaft repurposing, Galena Mill upgrades, and Crescent Mine rehabilitation. The company is investing between US$60-US$80 million in these growth initiatives. The Paste Backfill Plant is targeted for commissioning in Q4 2026, aiming to increase backfill cycle time by 250%. No. 3 Shaft upgrades are nearing completion, set to increase hoisting throughput by 150%. The Galena Mill upgrades aim to boost capacity from 750 stpd to 1,200 stpd by year-end 2026. The Crescent Mine is undergoing rehabilitation, with significant development completed and drilling commenced. The Galena Full Potential Program has already yielded productivity improvements in hoisting, equipment availability, and mill throughput. The company anticipates these projects will support higher ore production and operational efficiencies.