USAS · Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is advancing multiple capital projects at the Galena Complex, including the Galena Mine and recently acquired Crescent Mine, as part of a US$60-80 million growth budget announced on March 30, 2026. Key initiatives like the Paste Backfill Plant, with US$11.9 million capital, will enable 93 stph output and 250% faster backfill cycles to support Long Hole Stope mining. No. 3 Shaft upgrades, with Phase 1 completed and Phase 2 targeting mid-May 2026 completion at US$1.1 million, will triple hoisting to 1,350 stpd, de-risking higher ore production. Infrastructure enhancements, including fiber optics for real-time tracking (US$1.3 million) and Galena Shaft repurposing (US$7.3 million), position the complex for scaled operations. Mill expansions to 1,200 stpd (US$4.8 million) and Crescent rehabilitation (US$30-40 million) with ongoing development and drilling further support production ramp-up. The Full Potential Program has already realized productivity gains, underpinning sustained performance as projects progress toward Q4 2026 commissioning milestones. CEO Paul Andre Huet emphasized these efforts as transformative for unlocking Galena Complex value in Idaho's Silver Valley.