Americas Silver Corporation Reports First Quarter 2016 Financial Results - Seite 2

1	Throughout this press release, silver equivalent production for 2016 is based on $14.50 per ounce silver, $0.80 per pound lead, $0.75 per pound zinc and $2.00 per pound copper; and silver equivalent production for 2015 is based on $17.00 per ounce silver, $0.90 per pound lead, $0.95 per pound zinc and $2.90 per pound copper.
2	Adjusted earnings from mining operations is a non-IFRS financial measure calculated as the net income (loss) of the Company's Mexican and U.S. Operations ($0.5 million income and ($0.3) million loss, respectively) plus its depletion and amortization ($0.9 million, $1.0 million, respectively) plus its care, maintenance and restructuring costs ($0.4 million, $0.1 million, respectively). Segmented and geographic information is disclosed in Note 16 of the Company's condensed interim consolidated financial statements for the three months ended March 31, 2016.
3	Cash cost per ounce and all-in sustaining cost per ounce are non-IFRS performance measures with no standardized definition. For further information and detailed reconciliations, please refer to the Company's 2015 year-end and quarter MD&A.

Consolidated Production and Operating Costs

Consolidated silver production for Q1, 2016 totalled 672,074 silver ounces which represents an increase of 12% compared with the previous quarter and reduction of 5% year-over-year. Silver equivalent production totalled approximately 1.28 million ounces up 7% over the previous quarter and 3% year-over-year. Lead production rose 1% compared with Q4, 2015 and 53% year-over-year. Realized silver, zinc, lead and copper prices fell year-over-year by 10%, 16%, 4% and 19%, respectively due to market conditions.

Consolidated cash costs fell 32% from the previous quarter to $9.82 per silver ounce and 21% year-over-year; while all-in sustaining costs dropped 35% compared with the previous quarter to $12.02 per silver ounce and 30% year-over-year. Cash costs and all-in sustaining costs remain on-track to fall within the Company's projected annual guidance of $9.00 - $10.00 and $11.75 - $12.75 per silver ounce, respectively.