Project UpdateJun 1, 2026, 06:41 AM
Americas Gold & Silver Cosalá Drills 599.8 g/t Ag over 14.0m
AI Summary
Americas Gold & Silver Corp. announced high-grade infill drill results from its Cosalá Complex in Mexico, significantly exceeding current mineral resource grades. Drilling in Q4 2025 and Q1 2026 at the San Rafael Upper and 120 zones returned silver grades 2-3 times higher than previously reported inferred resources. A highlight intercept included 599.8 g/t Ag over 14.0 meters, representing a potential 5x upgrade in that area. These results, not yet included in the latest resource statement, indicate substantial upside for future mine plans and will be incorporated into an optimized plan for H2 2026.
Key Highlights
- High-grade infill drill results at Cosalá Complex show significant upside.
- Hole SR568 intersected 14.0m grading 599.8 g/t Ag, 0.8% Cu.
- Hole SR566 intersected 10.0m grading 509.7 g/t Ag, 0.4% Cu.
- Drill results average 2-3x higher than previously reported inferred resource grades.
- SR568 grade is over 5x higher than predicted 110 g/t Ag in that area.
- Results from Q4 2025-Q1 2026 will optimize H2 2026 mine plan.
- Company is undertaking its most aggressive drilling campaign in 2026.
Price Impact
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