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Bullboard - Stock Discussion Forum Guanajuato Silver Company Ltd GSVRF


Primary Symbol: V.GSVR

Guanajuato Silver Company Ltd. is a Canada-based precious metals producer engaged in reactivating past producing silver and gold mines in central Mexico. The Company produces silver and gold concentrates from the El Cubo Mines Complex (El Cubo), Valenciana Mines Complex (VMC), and the San Ignacio mine (San Ignacio); all three mines are located within the state of Guanajuato. Additionally, the... see more

TSXV:GSVR - Post Discussion

Guanajuato Silver Company Ltd > Another Good One From CEO Boards
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Post by ErinBrockovich on Jun 06, 2023 12:37pm

Another Good One From CEO Boards

@Beermooch 1) Brand new state of the art concentrators - will certainly increase recoveries. 2) Shaft rehab complete and provides 80% improvement in material movement. Also reduces diesel consumption and manpower, meaning better air flow UG, and significant improvement in operational performance. 3) Hydraulic backfill system is a massive game changer. Will increase recovering of material UG, resulting in less pillars, and more recovery of UG high grade mining blocks. Can't stress the importance of this. Think about how long it takes to actually mine something. Explore, drill, study, permit, raise capital, develop mine, hire workers, on and on. Then you mine, only to leave 30% behind as pillars. Now they can drop that % a lower (not sure how much lower, maybe an extra 15%?), while reducing the tailings deposition on surface which is better for the environment and further reduces LT costs by having less tailings to manage on surface.
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