Americas Gold and Silver(US:USAS)2025-11-13 16:00Summary of Americas Gold and Silver Conference Call Company Overview - Company: Americas Gold and Silver (NYSEAM:USAS) - Event: Crescent Silver Acquisition Conference Call - Date: November 13, 2025 Key Points Industry and Acquisition Details - The acquisition involves the Crescent Mine, located in Idaho Silver Valley, just 9 miles from the Galena mill [4][8] - The mine has a high-grade silver-copper resource of approximately 23 million ounces, grading 655 grams per tonne [5][10] - The acquisition is valued at approximately $65 million, consisting of $20 million in cash and 11.1 million common shares of Americas Gold and Silver [6] Strategic Importance - The acquisition is described as highly strategic, providing immediate mill feed to the Galena mill and enhancing operational synergies [4][9] - The Crescent Mine is fully permitted and can restart operations quickly, with production expected to begin as soon as mid-2026 [5][6] Financial and Operational Synergies - The Galena complex has a milling capacity of 1,500 short tons per day, with current utilization at just under 410 short tons per day [12][13] - The acquisition will allow the company to utilize spare milling capacity, which is currently underutilized, to process ore from Crescent [12][14] - The management team is confident that the Crescent Mine can contribute significantly to the company's growth, potentially reaching 2 million ounces per year in production [22][29] Mining Methods and Infrastructure - The Crescent Mine will employ long-hole stoping, a method that has been successful at Galena [18][30] - The mine has three adits (Countess, Big Creek, and Hooper) that will be connected to facilitate efficient ore movement [28][30] - The company plans to implement infrastructure improvements, including Alimak raises, to enhance access and production capabilities [28][29] Exploration Potential - There is significant exploration upside, with only 5% of the private land drilled, indicating potential for resource expansion [29] - The management team is optimistic about extending the existing veins and increasing grades through further drilling [20][29] Market Context - The company is positioned in a favorable market for silver, copper, and antimony, with plans to capitalize on these commodities [36] - The management emphasizes the importance of the acquisition in the context of the current strong silver market [36] Closing Remarks - The management expresses excitement about the future growth trajectory of Americas Gold and Silver following the acquisition [36] - The call concludes with gratitude towards shareholders and stakeholders for their support [36][37]