Northwire Canada EditionTuesday, July 14, 2026
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EM 3.58 −4.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% MGG 0.310 −6.1% BUFF 0.770 +2.7% TKO 11.18 +12.2% MINK 0.105 +0.0% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% EM 3.58 −4.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% MGG 0.310 −6.1% BUFF 0.770 +2.7% TKO 11.18 +12.2% MINK 0.105 +0.0% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6%
Drill Results Routine +

Americas Gold and Silver Announces New Major Discoveries in Idaho and Mexico and a Strong 2025 Resource & Reserve Update Including a 19% Year over Year Increase in M&I Mineral Resources and 21% Increase in M&I Grades at Galena

By The Northwire Desk — AI Analysis Mar 30, 2026 · 06:31 USA · 7.62 Americas Gold and Silver Corporation
USA · Price

Executive Summary

  • Consolidated Measured & Indicated (M&I) silver resources rose 10% to 115.7 M oz and Inferred resources rose 15% to 133.3 M oz, net of depletion.
  • Major new high‑grade discoveries announced: the 520 Vein at Galena (e.g., 1.1 m @ 619 g/t Ag, 1.01 % Cu, 0.65 % Sb) and the El Alacrán discovery in Cosalá (e.g., 27.6 m @ 69 g/t Ag, 0.2 g/t Au).
  • Company plans a record 64,000 m drill program in 2026, budgeted at ~US$20 M, to expand the Galena Complex and Mexican assets.

Key Details

  • Resource Increases (Consolidated)
  • M&I silver: 115.7 M oz (+10%); grade ↑ 30% to 239.8 g/t Ag.
  • Inferred silver: 133.3 M oz (+15%); grade ↓ 13% to 264.0 g/t Ag.
  • Galena Complex
  • M&I resources: 87.9 M oz (+19%); grade ↑ 21% to 500.9 g/t Ag.
  • Inferred resources: 105.7 M oz (+3%).
  • New 520 Vein intercepts:
    • Hole C034‑166: 1.1 m @ 619 g/t Ag, 1.01 % Cu, 0.65 % Sb.
    • Additional holes with >600 g/t Ag reported (see Table 6).
  • Cosalá Mine
  • New El Alacrán discovery (600 m north of San Rafael):
    • Hole EAS26‑001: 27.6 m @ 69 g/t Ag, 0.2 g/t Au, 0.2 % Cu.
    • Sub‑intercepts: 11.2 m @ 91 g/t Ag, 4.9 m @ 69 g/t Ag.
  • Crescent Silver Mine (Historical)
  • Historical M&I resource added: 3.8 M oz @ 654 g/t Ag; Inferred 19.1 M oz @ 665 g/t Ag (not yet classified as current resources).
  • Exploration Activity 2025‑2026
  • Four underground core rigs at Galena completed 25,022 m of drilling in 2026.
  • One surface & one underground rig at Cosalá completed 11,710 m of drilling in 2026.
  • Future Drilling Program
  • Planned 64,000 m of drilling for 2026 across all properties, budgeted at ≈US$20 M.
  • Reserves Update (Consolidated)
  • Proven & Probable reserves: 16.3 M oz (+2%); grade ↑ 21% to 482.1 g/t Ag.

Notable Quotes

“Our inaugural Resource and Reserve update… has delivered outstanding results… we are extremely excited about what the future holds at Galena…” – Paul Andre Huet, Chairman & CEO

All technical data prepared in accordance with NI 43‑101; full drill result tables available via company links.

Read the original news release →

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