Americas Silver Corporation Provides Update on San Rafael Project and New York Stock Exchange Listing

TORONTO, ONTARIO–(Marketwired – Dec. 7, 2016) – Americas Silver Corporation (TSX:USA)(OTCQX:USAPF) (“Americas Silver” or the “Company”) is pleased to provide an update on its 100% owned, San Rafael zinc-lead-silver project (the “Project”) within the Cosalá district of Sinaloa, Mexico and its New York “NYSE MKT” Stock Exchange (the “NYSE MKT” or the “Exchange”) listing. All figures are in U.S. dollars unless otherwise indicated.

San Rafael Update

Since the Board approval announced in September 2016, the Project continues to advance toward commercial production targeted in Q3 2017. Primary ramp development is advancing on schedule with approximately 25% completed and the Project received delivery of its new mobile equipment, including a new scoop and bolter. Progress is also being made in the refurbishment of other equipment transferred from the Nuestra Señora mining operations. The electrical substation has been energized and water storage facilities have been constructed.

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