Americas Gold and Silver Announces Strong Antimony Production Results at its Galena Complex - the Only Producing Antimony Mine in the United States

On October 16, 2025, Americas Gold and Silver announced its first production results for antimony and copper from the Galena Complex for the first three quarters of 2025. For the nine months year-to-date, the company produced 447,466 pounds of antimony and 615,817 pounds of copper. Q3 2025 production consisted of 143,424 pounds of antimony and 200,654 pounds of copper. Management highlighted that this is the first time under new leadership that these critical minerals have been reported, positioning Galena as the only producing antimony mine in the United States and creating a potential new, significant revenue stream alongside its primary silver production. The CEO reiterated the strategy to materially scale silver production while concurrently increasing antimony and copper output from high-grade tetrahedrite ore.

The news is materially positive. While the market was aware of the company's antimony strategy following metallurgical breakthroughs and government lobbying efforts, this is the first release to quantify actual production. It moves the antimony narrative from a conceptual, de-risked project to a tangible, producing asset with measurable output. This provides concrete data for analysts to begin modeling a previously non-existent revenue stream, which is critical for valuation.

Looking at the historical context, this release is the logical culmination of a series of strategic steps executed over the past year: 1. Consolidation (Dec 2024): Acquired 100% of the Galena Complex. 2. Financing (June 2025): Secured a $100M debt facility, resolving a precarious balance sheet situation and funding the turnaround. 3. Metallurgy (May & Sep 2025): De-risked the technical aspect by demonstrating >90% and then >99% antimony extraction from concentrates. 4. Infrastructure (Sep 2025): Completed Phase 1 of the shaft upgrade, removing a key production bottleneck. 5. Strategy (Oct 2025): Hired a government relations firm to advance a domestic antimony processing plant.

This production news confirms that the company is successfully mining and concentrating the antimony-bearing ore, a crucial step in operational execution. While production levels are still modest, they establish a baseline and demonstrate progress. The consistent antimony-to-copper ratio (averaging 0.73) aligns with historical test work, adding credibility to future projections. This release validates the company's strategic pivot and provides the first tangible evidence of its new value proposition.

Americas Gold and Silver Corporation is a North American precious metals producer. Its assets include the Cosalá Operations in Mexico and its flagship Galena Complex in Idaho. Over the past year, the company has undergone a significant transformation, including a new CEO (Paul Huet), consolidating 100% ownership of Galena, and recapitalizing its balance sheet. The primary focus is now on revitalizing the Galena Complex, a historic silver producer, by increasing silver production and unlocking the significant value of its antimony and copper by-products from tetrahedrite ore. Galena is currently the only producing antimony mine in the United States, a federally designated critical mineral.