Americas Gold and Silver Corporation Provides Update on Significant Capital Projects Underway at Galena Complex as Part of Its Growth and Optimization Strategy in the Silver Valley
Americas Gold and Silver is executing a US$60-80M growth program at the Galena Complex, targeting an increase in total milling capacity to 1,200 stpd and hoisting capacity to 1,350 stpd by the end of 2026. Key initiatives include a US$11.9M paste backfill plant and a US$7.3M repurposing of the Galena Shaft, both slated for commissioning in Q4 2026, alongside a US$30-40M budget for Crescent Mine development.
Key figures
- Guidance
- Growth capital budget of between US$60 - US$80 million
- Fiber optic capital
- US$1.3M
- Q1 development feet
- 650
- Galena shaft capital
- US$7.3 million
- Shaft phase2 capital
- $1.1 million
- Crescent capital 2026
- US$30 - US$40 million
- Mill upgrades capital
- US$4.8M
- Paste backfill capital
- US$11.9 million
- Q2 planned development feet
- 2000
- Target milling capacity stpd
- 1200
- Target hoisting capacity stpd
- 1350
AI analysis
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