Americas Gold and Silver hits high-grade silver at Galena complex

Americas Gold and Silver (TSX: USA) has announced drill results from two holes at its Galena complex in the Silver Valley of northwest Idaho, 3 km west of Wallace in Shoshone County. The Galena Complex consists of the operating Galena mine, the Galena processing plant, the Coeur mine, and the Coeur processing plant, both of which are on care and maintenance, and the Caladay exploration project. Drillhole 55-124 intersected 4.2 metres grading 739 grams silver per tonne and 1.6% copper starting from 320 metres downhole, including 2.4 metres grading 1,046 grams silver and 2.3% copper, while drill hole 55-125 cut 1.8 metres grading 2,381 grams silver and 1.7% copper starting from 36.3 metres, including a high-grade core of 0.2 metres grading 8,779 grams silver and 5.9% copper. The drill campaign is targeting extensions to three separate vein systems located below the Galena mine, the company’s president and CEO, Darren Blasutti, said in an interview.