Relief Canyon

MMX Interest:  2.0% net smelter return (NSR) royalty(1)
MMX Metal Exposure:  Gold (Au), Silver (Ag)
Location:  Nevada, USA
Operator:  Americas Gold and Silver Corp.
Status:  Care and Maintenance

Asset Information

  • Includes 3 open-pit mines, expanding adjacent open-pit-able gold deposits and a fully permitted and constructed heap-leach processing facility
  • Landholdings cover approximately 25,000 acres that include the Relief Canyon mine and lands surrounding the mine in all directions which provides expansion and exploration opportunities
  • First gold pour was announced on February 18, 2020 along with the completion of the initial construction within the estimated budget
  • Commercial production declared on January 11, 2021
  • Mining operations temporarily suspended in August 2021 follwoing a challenging ramp up
  • Continuing to advance certain technical studies, including metallurgical testing and is hopefuly for a positive solution to restart mining operations

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Source: Americas Gold and Silver Corp. public disclosure
(1) Royalty on a portion of the existing mineral resource