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.

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Guanajuato Silver Company Ltd > Inferred Resources Climb at El Cubo

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Post by ErinBrockovichon Dec 19, 2024 8:28am

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Post# 36369871

Inferred Resources Climb at El Cubo

G silver will be exploring more at El Cubo in 2025. Very likely they will focus on turning inferred into indicated. Indicated being a more confident metric. The silver is there.

Inferred mineral resources increase 85% over previous resource estimate* to 35.6 million silver-equivalent9 ounces ("AgEq"). See table below for assumptions regarding the calculation of AgEq.
Inferred mineral resource tonnes of 3,711 kt represents a 179% increase over the previous resource estimate*.