Americas Silver (TSX: USA) (NYSE American: USAS) (Americas Silver or the Company) today announced consolidated production and operating cost results for the third quarter of 2017 and individually for its Cosal Operations and Galena Complex. All figures are in U.S. dollars unless otherwise indicated.
Americas Silver President and CEO Darren Blasutti said:
The Cosal team has done an effective job at managing the development and operations of three different mines and a successful drill program during 2017.
We expect this strong performance to continue through to the end of 2017 and into 2018 with San Rafael coming into production on time and on budget in the next couple of weeks. We made a prudent decision to process El Cajn ore in the third quarter that increased costs in order to free up working capital that otherwise would have been inaccessible for years.
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