The Prospector News

Guanajuato Silver Commences Processing 3rd Party Gold and Silver at El Cubo

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Guanajuato Silver Commences Processing 3rd Party Gold and Silver at El Cubo

 

 

 

 

 

Guanajuato Silver Company Ltd. (TSX-V:GSVR)(OTCQX:GSVRF) is pleased to announce commencement of a relationship with a Mexican silver mining company to process a portion of its surface inventory of mineralized material at Guanajuato Silver’s wholly owned El Cubo mines complex located in Guanajuato, Mexico.

 

Guanajuato Silver’s Chairman & CEO, James Anderson said, “We are excited to have reached this agreement which will utilize a considerable amount of the excess capacity that exists at our El Cubo mill. We believe both parties will mutually benefit from this agreement, as we collectively look to expand silver production in the Guanajuato area through the processing of low-cost and readily available material. With additional unutilized capacity still available at El Cubo, we continue to pursue similar business agreements with other mining groups in the area.”

 

This material has been demonstrated compatible with the El Cubo processing circuit through comprehensive metallurgical testing; the first silver and gold concentrates from this processing agreement are expected to be generated prior to the end of January 2024.

 

About Guanajuato Silver

 

GSilver is a precious metals producer engaged in reactivating past producing silver and gold mines in central Mexico. The Company produces silver and gold concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mines are located within the state of Guanajuato, which has an established 480-year mining history. In addition, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. With four operating mines and three processing facilities, Guanajuato Silver is one of the fastest growing silver producers in Mexico.

 

Technical Information

 

Hernan Dorado Smith (Qualified Professional – MMSA), a director and officer of GSilver and a “qualified person” as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, has approved the scientific and technical information contained in this news release.

 

Posted January 17, 2024

Share this news article

MORE or "UNCATEGORIZED"


Silver Viper Closes $3.6 Million Private Placement

Silver Viper Minerals Corp. (TSX-V: VIPR) (OTC: VIPRF) is please... READ MORE

July 13, 2025

Brixton Metals Closes Private Placement

Brixton Metals Corporation (TSX-V: BBB) (OTCQB: BBBXF) is pleased... READ MORE

July 13, 2025

Foran Closes Second Tranche of Private Placement for Gross Proceeds of $54M

Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) is pleased to ... READ MORE

July 13, 2025

Higher-Grade Nickel Sulphides Confirmed at Zeb Across Multiple Zones - Mineralisation Remains Open

ZEB Nickel Corp. (TSX-V: ZBNI) (OTCQB: ZBNIF) is pleased to repor... READ MORE

July 11, 2025

Myriad Uranium Closes Over-Subscribed Private Placement

Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) is pleas... READ MORE

July 11, 2025

Copyright 2025 The Prospector News