Cosalá Operations Return to Nameplate Mill Production
Initial production will focus on maximizing near-term free cash flow by mining high-grade zinc-silver areas of the Main Zone, which were fully developed prior to the illegal blockade. Over the course of the next six months, the mine will continue development into the Upper Zone, which carries silver grades approximately five to six times higher than the Main Zone. Mining the silver-rich areas of the Cosalá operations is expected to significantly increase silver production to more than 2.5 million ounces (oz) of silver per year.
“I am pleased to see that the Los Braceros plant has efficiently returned to nameplate production after a brief rampup period,” Americas Gold and Silver President and CEO Darren Blasutti said. “We are currently processing high-grade material through the mill, which should positively impact metal production, revenue and cashflow through the balance of the year and continue into 2022.”