Guanajuato Silver Company Ltd. (TSX-V:GSVR) (OTCQX:GSVRF) (AQSE:GSVR) is pleased to announce operating and financial results for the three months ended September 30, 2022. The full version of the financial statements and management’s discussion and analysis can be viewed on the Company’s website or on SEDAR at www.sedar.com. The following production results are from the Company’s wholly owned El Cubo Mines Complex and the San Ignacio Mine in Guanajuato, Mexico, and the Topia Mine in Durango, Mexico. All amounts are in U.S. dollars unless stated otherwise.
Third Quarter 2022 Highlights:
“We continue to achieve quarterly increases measured both in tonnage mined, and precious metals produced, which reflects the efficacy of our ramp-up programs at our four producing silver mines,” said James Anderson, Chairman and CEO of Guanajuato Silver. “In parallel, we are successfully driving down production cash costs and all-in sustaining costs. As silver equivalent production continues to increase each quarter, we expect to see corresponding operating costs continue to decline.”
Reynaldo Rivera, VP of Exploration of GSilver, has approved the scientific and technical information contained in this news release. Mr. Rivera is a member of the Australasian Institute of Mining and Metallurgy (AusIMM – Registration Number 220979) and a “qualified person” as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Guanajuato Silver
GSilver is a precious metals producer engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico, which has an established 480-year mining history. With five mines and three processing facilities, the Company is one of the fastest growing silver producers in Mexico.
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