TORONTO, ONTARIO – March 21, 2018 – Americas Silver Corporation (TSX: USA) (NYSE “American”: USAS) (“Americas Silver” or the “Company”) is pleased to provide an update of the mineral resource estimate at the San Felipe zinc-silver‐lead project (“San Felipe”). San Felipe is located 130 km northeast of Hermosillo, Sonora, Mexico. In 2017, Americas Silver acquired an option on San Felipe giving it the right to acquire a 100% interest in the property without any underlying third-party royalties.