The mines were initially closed due to the COVID-19 outbreak and operations stopped in May, but now all the mines have restarted with will be operating at a reduced capacity to adhere to the new protocols in response to COVID-19.

Plata America’s Chief Operating Officer, Mr. Ramon Fernandez commented on the resumption of operation saying “The authorities have protocols to follow and they have been introduced at all our mines to protect the health and safety of our employees. These are strict protocols which include sanitary measures, on-site screening and medical personnel to monitor and respond to any health issues. Plata America are going through the motions in order to comply with physical distancing.”

"The COVID-19 pandemic continues to cause concern in many of the communities where our operations are located. We are taking a careful approach in all our operations as we work towards returning to full production capacity whilst protecting the health and safety of our employees," added Ramon Fernandez, Chief Operating Officer of Plata America.

About Us - Plata America

Plata America is a mining company focused on the exploration, development and production of silver in Mexico’s famous silver belt, the richest silver region known in the world.

The focus of Plata America’s operations is the La Navarra project site in Zacatecas State, Mexico, an 11,000-hectare project site. This concession has undergone detailed and systematic exploration which has revealed rich deposits of silver, as well as gold, lead and zinc. An aggressive exploration and development program is underway by Plata America at La Navarra, including the construction of access ramps, underground workings and the carrying out of geophysical investigations.

Plata America’s goals are to create shareholder value through the expansion of silver and other metal resources in our mining projects and increasing efficiency; and to develop our projects through to production by our own internal development, through acquisitions and joint venture opportunities.

Plata America’s management team strongly believes that over the coming years a dramatic bull market will persist in precious metals. For this reason, a focus is on the development of and production at La Navarra.

However, Plata America’s management team continues to investigate additional attractive silver concessions, both as solo projects and in partnerships, as the management is determined to expand Plata America’s assets base. With a senior management team consisting of vastly experienced and proven executives in mining companies, shareholders are well positioned to capitalize on Plata America’s aim of growing into a world class mining operator.