Corporate Member

Americas Gold and Silver is a growing silver-focused mining company with its primary operating silver mine, Galena, located in Idaho, USA. In December 2024, new management led by Paul Huet (former CEO Karora Resources (sold for $1.3B) and Klondex Mines (sold for $800M)) took over the company, consolidating 100% ownership of the Galena Mine from Eric Sprott (now a 20% shareholder of USA). The company concurrently raised $50M and is in the process of recapitalizing its primary asset and returning the mine, with a large resource over 77 Moz Ag in M&I, to historical silver production levels. The company is also a significant producer of antimony and copper at its Galena mine.

The technical team behind the turnaround has accomplished this twice before at Karora and Klondex. The company also owns and operates the Cosalá mine in Mexico which is one quarter away from entering the high grade EC120 zone.

The "new" AGS aims to be one of the top 5 silver producers in North America.