Guanajuato Silver – Top 50 Awards On The TSX Venture and OTCQX Exchanges, Comprehensive Exploration Update On The 75,000 Meter Drill Program

James Anderson, Chairman & CEO of Guanajuato Silver (TSX.V:GSVR – OTCQX:GSVRF), joins me to celebrate the recognition of their team receiving awards for both the Top 50 TSX Venture and OTCQX stock exchanges for their Company performance last year.  We then spend the balance of the discussion outlining the key initiatives for their ongoing 75,000 meter drill program at each mine area, for a comprehensive exploration update across their portfolio of projects. 

 

Guanajuato Silver produces silver and gold concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, the San Ignacio mine, and their recently closed transformational acquisition of the Bolanitos Gold-Silver Mine from Endeavour Silver. In addition, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango.  In addition to these 5 producing mines, the Company also has 3 past-producing exploration and development projects in their portfolio at the El Horcon Mine, Pinguico Mine, and Cebada Mine.

 

This 75,000 meter drill program will see the exploration work on most of these projects, and we circled around to the key initiatives at each mine.  Currently the drills have been turning at Topia, El Cubo, and El Horcon; with many assays at the lab to be released in the months to come.

 

On February 5th, the Company announced a new Mineral Resource Estimate for the Company's 100% owned Valenciana Mines Complex, where the updated inferred mineral resources increased by 630% to 20.3M AgEq Ounces ~(2.27 Mt @ 142.2 g/t Ag and 1.55 g/t Au, containing10.4 Moz Ag and 113 Koz Au). James outlined that this resource update reflects the strength and continuity of the underlying Veta Madre mineral system at Valenciana, and reinforces their confidence in the long-term viability and expanded potential of the project.

If you have any follow up questions for James on Guanajuato Silver, then please email them into me at [email protected].

 

• In full disclosure, Shad is a shareholder of Guanajuato Silver at the time of this recording, and may choose to buy or sell shares at any time.

 

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