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Americas Silver Recommences Regular Operations at the Galena Complex
TORONTO--(BUSINESS WIRE)--Americas Silver Corporation (TSX: USA) (NYSE “American”: USAS) (“Americas Silver” or the “Company”) is providing an update of the rece
About this update from Americas Gold And Silver Corporation
[{"type":"text","content":"TORONTO--(BUSINESS WIRE)--Americas Silver Corporation (TSX: USA) (NYSE “American”: USAS) (“Americas Silver” or the “Company”) is providing an update of the recent hoist-related issue at its 100%-owned Galena Complex in Wallace, Idaho. Following the press release dated June 14, 2018, the Company is pleased to announce it has completed the necessary repairs on the No. 3 hoist brake mechanism and has restarted the No. 3 shaft. These repairs were associated with the mechanical failure on the brake mechanism which occurred during the evening of June 11, 2018. Shaft crews have completed the inspection of the shaft and no issues were identified. Mining crews have returned underground with regular ore production and milling expected to recommence on Friday, June 29, 2018. About Americas Silver Corporation Americas Silver is a silver-mining company focused on growth in precious metals from its existing asset base and execution of targeted accretive acquisitions. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company holds an option on the San Felipe development project in Sonora, Mexico. Cautionary Statement on Forward-Looking Information: This news release contains “forward‐looking information” within the meaning of applicable securities laws. Forward‐looking information includes, but is not limited to, the Company’s expectations intentions, plans, assumptions and beliefs with respect to, among other things, repairs to the No. 3 hoist, the realization of exploration, operational and development plans, the Cosalá Operations and Galena Complex as well as the Company’s financing efforts. Often, but not always, forward‐looking information can be identified by forward‐looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward‐looking information is based on the opinions and estimates of the Company as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from thos...