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Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s):  GSVRF

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

Post by stargazer1on Jan 19, 2021 5:22pm
254 Views
Post# 32329548

New property & stock to re-start trading

New property & stock to re-start trading
Because of increased demand VanGold will sell $12,600,000 of stock + warrants. Will use the proceeds for developing its properties.
 
Acquired El Cubo property from Endeavour Silver Corporation, 17,300 acres and open to exploration, property contains multiple veins of ore.

Will re-start the El Cubo mill at approximately 750 tonnes per day using stockpiled ore from our present site. The El Cubo plant and tailings facilities are currently on short term care and maintenance. Will restart the mine and add the ore to be processed at the mill.
 
TSX Venture Exchange will review this information and then reinstate VanGold for trading.
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