- Americas Gold and Silver (TSX:USA) increased silver production by 54 per cent from 446,000 ounces in Q1 2025 to 689,000 ounces in Q2 2025
- Americas Gold and Silver is a precious metals explorer and producer with a focus on North America, holding established reserves of 35.7 million ounces of silver, 40.8 million pounds of zinc, 136.5 million pounds of lead and 33.8 million pounds of copper
- The silver-focused stock has added 289.39 per cent year-over-year but remains down by 71.38 per cent since 2020
Americas Gold and Silver (TSX:USA) increased silver production by 54 per cent from 446,000 ounces in Q1 2025 to 689,000 ounces in Q2 2025.
This content has been prepared as part of a partnership with Americas Gold and Silver Corp., and is intended for informational purposes only.
The company’s flagship Galena Complex in Idaho has been in operation for more than half a century, yielding more than 250 million ounces of silver to date, while retaining proven and probable reserves estimated at more than 15.9 million ounces. The asset has a 5-year offtake agreement in place with Ocean Partners for up to 100-per-cent of concentrate to be produced at Teck Resources’ Trail Operations in British Columbia.
Management continues to deploy capital towards growth and revitalization, ending the quarter on June 30, 2025, with US$61.7 million in unaudited cash, up by US$52.9 million from Q1, thanks to receiving the first US$50 million tranche of a previously announced US$100 million debt facility with SAF Group, as well as US$11.5 million from a non-brokered private placement undertaken as a pre-condition for the loan.
Recent milestones include a new vein at Galena intersecting 983 grams per ton of silver over 3.44 metres, in addition to metallurgical testing substantiating Galena’s potential to produce antimony, a metal critical across a variety of applications, including ammunition, lead-acid batteries, flame retardants, nuclear weapons and infrared sensors.
Leadership insights
“I am extremely pleased with our very strong second quarter results which were a 54 per cent improvement on the first quarter of this year. After spending significant effort underground at Galena conducting numerous time studies, engineering work, productivity-focused projects and implementing both new equipment and adjusting the mining method, our operation in Idaho delivered a 34 per cent quarter-over-quarter increase – a tremendous result by the team,” Paul Andre Huet, Americas Gold and Silver’s chairman and chief executive officer, said in a statement. “At Cosalá, outstanding efforts by our operating team delivered a 103% improvement on the first quarter as the operation progresses on schedule towards the transition into EC120 later this year. Overall, we are delighted with the results across our operations after just two quarters at the helm with the new combined team working very well together.”
“The strong second quarter production and our significantly bolstered balance sheet have set us up with the resources we need to continue executing on the initial phases of our operational strategy focused on unlocking the massive potential of our asset base for our shareholders,” Huet added. “Overall, our operational performance in the first half of 2025 puts us in a very favourable position with respect to achieving our goals for 2025 as we build our growth momentum. We look forward to providing further updates as we continue our 2025 development and drill programs.”
About Americas Gold and Silver
Americas Gold and Silver is a precious metals explorer and producer with a focus on North America. The company’s portfolio boasts established reserves of 35.7 million ounces of silver, 40.8 million pounds of zinc, 136.5 million pounds of lead and 33.8 million pounds of copper. Eric Sprott is the company’s largest shareholder, currently holding an approximately 20 per cent position.
Americas Gold and Silver stock (TSX:USA) is down by 1.15 per cent trading at C$1.28 as of 9:55 am ET. The stock has added 289.39 per cent year-over-year but remains down by 71.38 per cent since 2020.
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