Americas Gold and Silver Corporation provided update to Galena Complex exploration results. The Galena Complex has been actively drilling near mine exploration targets with exciting results including an area between the 4600 Level and 4900 Level which had previously been a gap in drilling and has been consistently returning high-grade intercepts of attractive Ag-Cu veins. A drill campaign was completed from the 4600 Level to infill a gap in the 360 Complex and this program was successful in proving the continuity of the 360 Complex mineralization between 4600 and 4900 Level.

Active drilling on the 4300 level has been critical to defining the upper extents of the 360 Complex and has also led to the eastward extension of the 360 Complex which contains several intercepts of wide veins contained within a larger package of disseminated mineralization. Recent drilling from the 5200 Level targeting the 55 Vein has uncovered high-grade intercepts of previously unknown veins which are close to existing infrastructure. Two programs were active in the period from a drill platform near the 4600 Level.

The first infill drill program above the 4600 Level targeting the Lower Country Lead Zone has been completed and added confidence to near-term mine plans of this area. The second program, which remains active, has intercepted impressive grades of Ag-Cu veins in the Central Zone in an area that currently contains no mineral resources. This drilling has shown down dip extensions of veins previously mined above the 4600 Level and the proximity to existing infrastructure on 4600 and 4900 Levels gives these early results a high potential to add near-term mineable resources to the Galena Complex with additional infill drilling.

Hole 49-641: 307 g/t silver and 15.5% lead (770 g/t silver equivalent) over 2.2 m and: 1,407 g/t silver, 0.2% copper and 43.4% lead (2,712 g/t silver equivalent) over 1.1 m Hole 49-658: 435 g/t silver and 20.4% lead (1,042 g/t silver equivalent) over 1.4 m and: 270 g/t silver and 11.1% lead (601 g/t silver equivalent) over 3.0 m and: 905 g/t silver, 0.7% copper and 0.5% lead (1,000 g/t silver equivalent) over 1.1 m Hole 49-661: 295 g/t silver, 0.1% copper and 4.1% lead (433 g/t silver equivalent) over 2.3 m and: 920 g/t silver, 0.1% copper and 42.8% lead (2,200 g/t silver equivalent) over 0.6 m and: 526 g/t silver, 0.1% copper and 26.3% lead (1,313 g/t silver equivalent) over 0.7 m and: 453 g/t silver, 0.1% copper and 13.3% lead (856 g/t silver equivalent) over 3.4 m Hole 49-662: 304 g/t silver and 12.4% lead (673 g/t silver equivalent) over 1.1 m and: 323 g/t silver, 0.1% copper and 6.8% lead (538 g/t silver equivalent) over 3.7 m including: 1,235 g/t silver, 0.8% copper and 6.8% lead (1,533 g/t silver equivalent) over 0.4 m including: 631 g/t silver, 0.0% copper and 20.1% lead (1,231 g/t silver equivalent) over 0.4 m including: 343 g/t silver, 0.1% copper and 14.5% lead (784 g/t silver equivalent) over 0.4 m Hole 49-664: 3,172 g/t silver, 3.8% copper and 2.6% lead (3,692 g/t silver equivalent) over 1.4 m and: 410 g/t silver, 0.1% copper and 0.2% lead (430 g/t silver equivalent) over 2.3 m Hole 49-666: 858 g/t silver, 0.5% copper and 0.2% lead (922 g/t silver equivalent) over 1.2 m and: 754 g/t silver, 0.7% copper and 0.1% lead (840 g/t silver equivalent) over 1.1 m Hole 49-667: 1,317 g/t silver, 1.0% copper and 0.1% lead (1,436 g/t silver equivalent) over 0.8 m Hole 49-668: 5,663 g/t silver, 1.1% copper and 0.2% lead (5,793 g/t silver equivalent) over 0.8 m and: 1,012 g/t silver and 0.6% copper (1,087 g/t silver equivalent) over 1.1 m and: 5,598 g/t silver, 2.3% copper and 4.0% lead (5,982 g/t silver equivalent) over 1.2 m Hole 49-670: 1,499 g/t silver, 1.83% copper & 0.65% lead (1,732 g/t silver equivalent) over 1.9 m Drilling from the 4300 level has targeted the upper levels of the 360 Complex and recent drilling to the east has encountered several promising thick intercepts of veins within a larger package of stacked veins and disseminated mineralization beyond the known mineral resource in the area. The wide intercepts of economic grades create the potential of extraction via more productive bulk mining methods if future infill drilling programs are successful in defining this area as a mineral resource. Due to limitations of the Termite drill and the existing drilling platform, this new vein package is open along strike to the east and plans are being developed to add additional drilling with a Hagby drill from platforms from the 4300 Level and 4600 Level to build upon current understanding of this zone and define the lateral and vertical extents of the mineralization.

Hole 43-278: 154 g/t silver and 10.0% lead (450 g/t silver equivalent) over 37.3 m including: 288 g/t silver and 16.3% lead (772 g/t silver equivalent) over 1.5 m including: 302 g/t silver and 19.7% lead (888 g/t silver equivalent) over 2.6 m including: 176 g/t silver and 12.2% lead (538 g/t silver equivalent) over 2.1 m including: 230 g/t silver and 18.7% lead (786 g/t silver equivalent) over 5.2 m Hole 43-280: 130 g/t silver and 8.4% lead (380 g/t silver equivalent) over 10.7 m and: 230 g/t silver and 14.1% lead (654 g/t silver equivalent) over 32.8 m including: 246 g/t silver and 14.8% lead (684 g/t silver equivalent) over 2.4 m including: 455 g/t silver and 38.6% lead (1,603 g/t silver equivalent) over 2.1 m including: 294 g/t silver and 27.0% lead (1,094 g/t silver equivalent) over 5.2 m including: 812 g/t silver, 0.4% copper and 31.3% lead (1,785 g/t silver equivalent) over 2.2 m Hole 43-281: 155 g/t silver and 10.9% lead (480 g/t silver equivalent) over 18.6 m and: 206 g/t silver and 17.4% lead (722 g/t silver equivalent) over 1.5 m and: 446 g/t silver and 11.6% lead (793 g/t silver equivalent) over 0.9 m and: 274 g/t silver and 6.9% lead (480 g/t silver equivalent) over 1.5 m and: 213 g/t silver and 7.5% lead (436 g/t silver equivalent) over 1.2 m Hole 43-283: 133 g/t silver and 10.2% lead (437 g/t silver equivalent) over 53.3 m including: 324 g/t silver and 23.8% lead (1,033 g/t silver equivalent) over 0.9 m including: 222 g/t silver and 17.9% lead (753 g/t silver equivalent) over 5.2 m including: 247 g/t silver and 19.0% lead (812 g/t silver equivalent) over 4.5 m including: 227 g/t silver and 17.4% lead (747 g/t silver equivalent) over 1.1 m including: 226 g/t silver and 14.7% lead (663 g/t silver equivalent) over 7.8 m Drilling from the 4600 level and targeting the 360 Complex successfully infilled an area that lacked drilling and mineral resources and provided critical data required to model and estimate mineral resources in the 360 Complex between 4600 and 4900 Levels. The results of this drilling campaign are critical to near term extraction of the 360 Complex.