Americas Gold and Silver Achieves Record Silver Production in Q3 2026
Americas Gold and Silver Corporation reports significant achievements in silver production, highlighting growth and infrastructure enhancements.
Americas Gold and Silver Corporation has announced remarkable silver production results for the third quarter of 2026, particularly from its Cosalá Operations in Mexico. With an impressive output of 415,879 ounces of silver, the company saw a 23% increase compared to the previous quarter.
Successful Production at Cosalá
The strong performance at Cosalá is attributed to the team’s successful operations underground, especially as they further explored the potential of the EC120 orebody. The recent drilling successes prompted excitement for the upcoming years, with notable findings including 20.5 meters of drill core returning grades of 654.7 g/t of silver (Ag) and 1.5% copper (Cu), significantly surpassing the current Inferred Mineral Resource grade.
Consistent Year-to-Date Growth
Across the first three quarters of the year, Americas Gold and Silver reported consolidated silver production totaling 2.3 million ounces. This output aligns perfectly with the company’s expectations for 2026, maintaining its trajectory toward achieving full-year guidance of 3.2 to 3.6 million ounces.
Infrastructure Advancements at Galena
Building upon the solid results in Cosalá, the company is vigorously pursuing key infrastructure enhancements at its Galena Complex in Idaho. Significant projects include the construction of a paste fill plant and the upgrades to the No. 3 hoist. Additionally, the installation of new grizzlies has dramatically improved ore processing efficiency from 5 minutes to just 20 seconds, marking a remarkable 1,500% increase in tram loading times.
Moreover, secondary projects are being undertaken to optimize operations even further. The team is also advancing waste development efforts to facilitate future high-grade silver and copper extraction. This development is crucial for sustaining production levels and providing operational flexibility.
Future Outlook
Americas Gold and Silver's commitment to growth remains robust, with plans to enhance production capabilities while keeping costs within the projected range of US$30 to US$35 per ounce. The anticipated adjustments, particularly in the latter half of the year, are set to further bolster the company’s financial health.
Recognition for Performance
The company has also received accolades, being named in the 2026 TSX30™, which recognizes top-performing companies on the Toronto Stock Exchange based on dividend-adjusted share price performance over three years. The 477% increase in share price validates the hard work and dedication that the team has put into maximizing shareholder value.
About Americas Gold and Silver Corporation
Americas Gold and Silver Corporation is a leading North American producer of silver and critical minerals. With a focus on supporting sectors such as artificial intelligence and electrification, the company operates a dynamic portfolio of high-grade mining assets in the U.S. and Mexico. The Galena Complex, an essential part of their operations, is recognized as one of the premier silver mining districts in the country.
With ongoing projects designed for sustainable growth and a strong balance sheet, Americas Gold and Silver is strategically positioned to enhance production while contributing to essential mineral supplies for advanced technologies.