Americas Gold & Silver (TSX:USA) - Triples Ore Production & Targets 5Moz Annually

Interview with Oliver Turner, Corporate Development of Americas Gold & Silver Corp. Our previous interview: https://www.cruxinvestor.com/posts/am... Recording date: 2nd October 2025 America's Gold and Silver Corporation (TSX: USA, NYSE: USAS) is executing a transformational production scale-up at its flagship Galena Complex in Idaho while holding the unique distinction of being the only producing antimony mine in the United States. The company recently completed Phase One of its critical No. 3 shaft upgrade two months ahead of schedule, increasing hoisting capacity and immediately improving production efficiency. This infrastructure milestone removes the primary bottleneck constraining the operation and sets the stage for daily ore production to scale from 300-350 tonnes to over 900 tonnes. With 100% ownership of Galena secured in December 2024 following a strategic transaction with Eric Sprott, who now holds approximately 20% of the company as its largest shareholder, America's Gold and Silver is fully funded through $50 million in equity and $100 million in debt to achieve its target of 5 million ounces of silver annually. The company operates one of the world's top five highest-grade silver mines with current grades of 400-450 g/t and recent intercepts showing up to 24.9 kg/t silver and 16.9% copper, while hosting over 170 million ounces of combined silver resources. The antimony opportunity adds significant strategic value as the U.S. government invests over $2 billion in domestic antimony supply chains for defense and industrial applications. The company has demonstrated 99% antimony recovery rates and production naturally scales alongside silver as operations transition to higher-grade silver-copper ore. With the paste fill plant scheduled for commissioning in H2 2025 enabling full long-hole stoping implementation, management identifies 2026 as the cash flow inflection year. Trading at current levels with silver at $47 per ounce, America's Gold and Silver offers investors leveraged exposure to silver's bull market, critical mineral supply chain priorities, and operational execution by a proven management team. The Cosalá Operations in Mexico provides steady cash generation of over 2.5 million silver equivalent ounces annually while Galena scales, creating a de-risked growth profile with multiple near-term catalysts. View Americas Gold and Silver's company profile: https://www.cruxinvestor.com/companie... Sign up for Crux Investor: https://cruxinvestor.com