Core Insights - Americas Gold and Silver Corporation has reported significant increases in its silver mineral resources, with Measured and Indicated (M&I) resources rising by 10% to 115.7 million ounces and Inferred resources increasing by 15% to 133.3 million ounces, both figures net of mining depletions [1][9][11] Resource and Reserve Highlights - The updated M&I silver mineral resources at Galena increased by 19% to 87.9 million ounces, with grades improving by 21% to 500.9 g/t [11][12] - Proven and Probable reserves increased by 2% to 16.3 million ounces, with grades rising by 21% to 482.1 g/t [11][19][20] - At Cosalá, M&I silver resources decreased by 13% to 18.7 million ounces, while Inferred resources increased by 134% to 24.5 million ounces [14][15] Exploration Highlights - Major discoveries include the 520 Vein at the Coeur Mine, which has shown strong grades over 600 g/t silver, and the 034 and 149 Veins at the Galena Mine, with high-grade intercepts reported [6][7][11][12] - The company plans its largest exploration drilling campaign in history for 2026, with a budget of up to $20 million and 64,000 meters to be drilled across its properties [7][9] - The El Alacrán discovery, located 600 meters from the San Rafael mine, has intersected high-grade silver, gold, and copper, indicating significant potential for future mining operations [8][26] Consolidated Mineral Resource Summary - The updated consolidated silver mineral resource as of October 31, 2025, shows a total of 115.7 million ounces for M&I resources and 133.3 million ounces for Inferred resources, reflecting strong growth potential [9][11] - The Galena Complex continues to demonstrate its status as one of the highest-grade primary silver systems globally, with a long history of successful mining [5][11] Future Outlook - The company is optimistic about future growth, driven by a robust exploration budget and the potential for new discoveries to enhance operational flexibility and resource expansion [9][11][12]