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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 ErinBrockovichon Oct 04, 2024 6:27pm
81 Views
Post# 36254046

Open Pit Issue Goes Poof

Open Pit Issue Goes Poof

GSVR has all its operations under ground. Lots of fear mongering about open pit mining rules. Well, now open pit is not an issue. 

material upside for the Mexican silver miners (as expected)
Claudia Sheinbaum published her 100 steps and an open pit mining ban have been removed. It was there in July. Now it is gone. So this is massive.
 
full source:
claudiasheinbaumpardo.mx/wp-content/upl…

 

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