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Americas Gold and Silver Completes Phase 2 of No. 3 Shaft Upgrades at Galena, Increasing Current Hoisting Capacity by 100% and Provides Operations Update

$USASPress releaseJun 25, 2026, 6:30 AM ETRead the release

Americas Gold and Silver completed Phase 2 of the No. 3 Shaft modernization at the Galena Complex, increasing regular hoisting capacity to 85 stph, representing more than a 100% increase over historical performance. The $1.1 million project enables a total hoisting capacity of 1,350 tons per day and supports a planned 50% increase in ore production rates to approximately 650 tons per day by the end of 2026.

Key figures

Phase2 capex
US$1.1 million
Peak hoisting rate stph
105
Hoist power increase pct
29
Skip payload increase pct
40
Regular hoisting rate stph
85
Total hoisting capacity tpd
1350
Historical hoisting rate stph
42
Planned ore production rate tpd
650

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