Gatos Silver Ord Shs GATO

Alternate Symbol(s): T.GATO

Metals & Mining Silver

Gatos Silver, Inc. is a Canada-based silver dominant exploration, development and production company that discovered a silver and zinc-rich mineral district in southern Chihuahua State, Mexico. The Company, as a 70% owner of the Los Gatos Joint Venture (LGJV), is focused on operating the Cerro Los Gatos mine and on growth and development of the Los Gatos district. The LGJV includes over 103,000 hectares of mineral rights, representing a highly prospective and under-explored district with numerous silver-zinc-lead epithermal mineralized zones identified as priority targets. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The other 11 mineralized zones, with over 150 kilometers (kms) of outcropping quartz and calcite veins, have at least one mineralization intercept. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Chihuahua.

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Gatos Silver Ord Shs > First Majestic Announces Agreement to Acquire Gatos Silver

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Post by Betteryear2on Sep 05, 2024 3:22pm

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Post# 36210424

First Majestic Announces Agreement to Acquire Gatos Silver

VANCOUVER, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) -- First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) (“First Majestic”) and Gatos Silver, Inc. (“Gatos”) (NYSE:GATO) (TSX:GATO) are pleased to announce they have entered into a definitive merger agreement (the “Definitive Agreement”) pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos (the “Transaction”). Gatos is a silver dominant producer with a 70% interest in the Los Gatos Joint Venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico.

First Majestic Announces Agreement to Acquire Gatos Silver (globenewswire.com)

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