Production Increase
Silver production increased by 80,000 ounces compared to the last quarter, totaling 446,000 silver ounces for Q1 2025.
Financial Stability and Growth
Revenue increased by 12% to $23.5 million compared to Q1 2024, driven by higher realized metal prices.
Galena Complex Achievements
Galena team won first place and two second places at the 2025 Enforcement Mine Rescue Competition. Significant progress on infrastructure projects supports new haul trucks and ventilation upgrades.
Exploration Success
Discovery of high-grade silver-copper 034 vein with intercepts including 983 grams per tonne silver over 3.44 meters. Estimated 1.2 to 1.5 million silver ounces and 750,000 to 800,000 pounds of copper.
Inclusion in Key Index
Americas Gold and Silver was included in the Solactive Global Miners Silver Total Return Index (SIL), resulting in the acquisition of 11.2 million shares by the ETF.