Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s): GSVRF

Metals & Mining Industrial Metals & Minerals

Guanajuato Silver Company Ltd. is a precious metals producer engaged in reactivating the past producing silver and gold mines in central Mexico. It produces silver and gold concentrates from the El Cubo Mines Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mines are located within the state of Guanajuato. It produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. With four operating mines and three processing facilities, it is a growing silver producer in Mexico. El Cubo Mines Complex is a high-grade, epithermal-vein, underground precious metals mine. Topia mine is a silver-rich polymetallic mine. Its Cata processing facility has a capacity of 36,000 tons/month. Its El Horcon mining concessions cover 7,908 hectares comprising 17 contiguous mining concessions located over 60 kilometers to the northwest of the Valenciana Mines Complex in the state of Jalisco. Its EL Pinguico Mine is a high-grade silver producer.

TSXV:GSVR - Post by User

Guanajuato Silver Company Ltd

Bullboard Posts

Post by Orderlyon May 24, 2020 10:16am

186 Views

Post# 31066133

Bulk Sampling at Endeavour's Bolanitos mill

This company is different since the new management arrived. Already within the space of one month they have executed a plan to test the grades of the surface stockpiles at El Pinguico. 1000 tonne bulk sample is currently running through Endeavour's Bolanitos mill, just 28km away. If the grades are good, and inline with historical estimates the surface stockpiles could be used to generate cash-flow.

The current MCAP is small. This is one to watch in my opinion.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages