Americas Gold and Silver(US:USAS) Newsfile·2025-10-20 10:30Core Viewpoint - Americas Gold and Silver Corporation reported a significant increase in silver production for Q3 2025, achieving 765,000 ounces, which is a 98% increase year-over-year and an 11% increase quarter-over-quarter [1][5]. Production Results - Silver production for Q3 2025 reached 765,000 ounces, up from 386,000 ounces in Q3 2024 and 689,000 ounces in Q2 2025 [1]. - Lead production was 2.3 million pounds in Q3 2025, reflecting a 23% increase from 1.9 million pounds in Q2 2025 [1]. Operational Improvements - The increase in silver production was attributed to enhanced efficiencies at the Galena Complex in Idaho and the transition to the higher-grade EC120 zone at the Cosalá Operations in Mexico [2]. - Key efficiency improvements at Galena included better underground development rates, re-introduction of long hole stoping, upgrades to the mining fleet, and enhanced skipping capacity on the No. 3 Shaft [2]. Financial Position - As of September 30, 2025, the company's unaudited consolidated cash balance was US$39 million, a decrease of US$23 million from June 30, 2025, primarily due to increased capital investments for growth initiatives [4]. - The company has US$50 million remaining undrawn on its existing credit facility, positioning it well for future operational strategies [7]. Strategic Insights - The year-to-date production of antimony and copper from the Galena Complex totaled 447,466 pounds and 615,817 pounds, respectively, indicating a strong correlation between antimony and copper production [3]. - The company is recognized as the only current producer of antimony in the United States, highlighting its strategic position in the market [6]. Management Commentary - The Chairman and CEO expressed satisfaction with the production improvements and operational progress, noting the achievement despite a planned 10-day shutdown for upgrades [5].