Americas Gold and Silver Provides Update on Rapid Progress at Newly Acquired Crescent Silver Mine in Idaho

Core Viewpoint - Americas Gold and Silver Corporation has made significant progress towards restarting production at the Crescent Silver Mine in Idaho, following its acquisition on December 3, 2025, with plans for a mid-2026 restart of silver, copper, and antimony production [1]. Infrastructure and Operational Upgrades - The company has implemented infrastructure upgrades, including the installation of grid electrical power, which is expected to reduce power costs from approximately $0.55 per kWh to as low as $0.07 per kWh [5][7]. - A 6-inch air line has been installed to service the BC4 Adit, replacing higher-cost diesel compressors with compressed air for drilling [5]. - Communication lines have been deployed to enhance safety and productivity across the site [5]. - The existing underground equipment has been operationalized, and the mining fleet has been expanded with the addition of two new 20-ton trucks and two new loaders, bringing the total fleet to 11 pieces [5][6]. Production and Resource Potential - The Crescent Silver Mine has a historical production of over 25 million ounces of silver at an average grade of 26 ounces per ton (891 g/t) from 1917 to 1981 [10]. - The mine hosts a historical Measured and Indicated Resource of 3.8 million ounces and an Inferred Resource of 19.1 million ounces [10]. - The company plans to utilize a combination of cut and fill and long hole stoping mining methods, similar to those being optimized at the neighboring Galena Complex [10]. Strategic Synergies - The company aims to leverage synergies with the Galena Complex, including procurement savings, equipment sharing, and general and administrative efficiencies [6][8]. - The revitalization of the Crescent Silver Mine is expected to contribute positively to the local economy through job creation and increased domestic production of silver, copper, and antimony [8].