Americas Gold And Silver Corporation Announces That Large Radial Stacker Has Returned To Service At Relief Canyon

TORONTO - Americas Gold and Silver Corporation reported that its large radial stacker has returned to operation on the Relief Canyon leach pad. This will allow ore placement to return to the targeted rate of approximately 14,500 tonnes per day (16,000 tons per day) from the current rate of approximately 7,250 tonnes per day (8,000 tons per day). The stacker suffered a structural failure in late May, which required extensive repair work to be completed off-site. The repaired unit was tested prior to delivery for a period of several weeks by the fabricator, which included software upgrades aimed at improving operator efficiency. While this led to a slight delay in receiving the unit, the Company expects this will benefit the operation in the longer term.

“I am confident that the return and operation of the radial stacker at Relief Canyon will allow the Company to exit a very challenging year in 2020 and position the Company up for tremendous success in 2021,” said, President and CEO Darren Blasutti. “Commercial production at Relief Canyon remains targeted for the end of Q4-2020 which I expect to positively impact the Company overall.”