Americas Gold and Silver Corporation (USAS) News & EventsUSASAmericas Gold and Silver Corporation

Liquid Option Borrow Rates Increase

Latest data shows the largest indicative borrow rate increases among liquid option names include: Sellas Life Sciences (SLS) 20.00% +1.62, MSOX ETF (MSOX) 14.83% +0.65, Humacyte (HUMA) 20.83% +0.62, Velo3D Inc (VELO) 11.75% +0.59, ProShares Ultra VIX Short Term Futures (UVXY) 6.69% +0.54, Americas Silver (USAS) 1.02% +0.52, Draganfly (DPRO) 13.60% +0.42, Palladyne AI Corp (PDYN) 23.10% +0.40, Teucrium 2x Long Daily XRP ETF (XXRP) 3.31% +0.31, and Sidus Space Inc (SIDU) 11.40% +0.31.

United States Antimony Forms Joint Venture with Americas Gold and Silver

United States Antimony (UAMY) announce a new Joint Venture together with Americas Gold and Silver Corporation (USAS) to construct a new state-of-the-art hydromet processing facility on lands being contributed to the JV located immediately adjacent to Americas active silver, copper, and antimony mines. The ownership of the JV is 51% Americas and 49% US Antimony, with US Antimony serving as the managing member. All major decisions will be decided by a newly formed committee of equal representation from both JV partners. The primary goal of this new relationship is greater control over the processing necessary for the three primary critical minerals being mined by Americas now and into the future. The common goal is to generate greater overall recoveries at a significantly lower cost to all parties, which in-turn improves profitability for the JV. This new project becomes the first-of-its-kind commercial-scale hydromet processing center located in North America, where UAMY has an exclusive license for this technology. The property in Idaho where the new hydromet facility will be constructed already has obtained all the necessary primary permits, with the exception of the construction permits. This accomplishment by Americas significantly improves our timeline by allowing for immediate construction plans which are now underway. The most significant permits obtained are as follows: IDEQ Idaho Pollutant Discharge Elimination System which is essentially the Discharge permit; IDEQ Stormwater to operate the tailings facility; and IDWR Dam Safety Certificate to operate the tailings facility.