Toronto-headquartered Americas Gold and Silver Corp. has announced significant advancements toward production at the recently acquired high-grade, past-producing Crescent silver mine in Idaho’s Silver Valley.
Americas has progressed rapidly with infrastructure upgrades, equipment repairs and additions, as well as site upgrades to position the Crescent mine for a mid-2026 restart of silver, copper and antimony production, leveraging synergies with the company’s neighboring Galena Complex. These upgrades help bring Crescent up to modern standards as part of the mining company’s efforts to scale production in the Silver Valley.
“In less than a month since closing the Crescent acquisition, our team has achieved remarkable progress towards restarting production – from running grid power electrical lines down the mountain to power all three adits and eliminating higher-cost generators, to adding new equipment and organizing the site for efficient operations,” said Paul Andre Huet, Americas Gold and Silver chairman and CEO.
“This rapid execution is an excellent start to our plan to establish best-in-class operations at Crescent. We’re poised to unlock multiple synergies with our neighboring Galena Complex from procurement savings and equipment sharing to G&A efficiencies and spare processing capacity.”
Crescent, located approximately 4 miles southeast of Kellogg, Idaho, produced over 25 million ounces of silver at an average grade of 26 opt (891 g/t) between 1917 and 1981.