Guanajuato Silver Company Ltd. Releases New NI 43-101 Technical Report
VANCOUVER, BC – Guanajuato Silver Company Ltd. (GSilver), a leading mining company with TSXV:GSVR and OTCQX:GSVRF ticker symbols, has recently announced the filing of a new National Instrument (NI) 43-101 Technical Report. This report, titled “Technical Report on the El Cubo and El Pinguico Silver-Gold Complex, Guanajuato, Mexico,” was filed on Sedar effective August 1, 2024.
About the Report
The NI 43-101 Technical Report provides an independent assessment of the El Cubo and El Pinguico Silver-Gold Complex in Guanajuato, Mexico. This report, prepared in accordance with NI 43-101 Standards of Disclosure for Mineral Projects, outlines the mineral resource estimates, mineral reserves, and exploration potential of these projects.
Impact on Guanajuato Silver Company Ltd.
The release of this new NI 43-101 Technical Report represents a significant milestone for Guanajuato Silver Company Ltd. The report underscores the potential value of the El Cubo and El Pinguico Silver-Gold Complex, which could lead to increased investor interest and potential growth opportunities for the company.
Impact on the Mining Industry and the World
The mining industry as a whole could benefit from Guanajuato Silver Company Ltd.’s latest findings. The successful exploration and development of the El Cubo and El Pinguico Silver-Gold Complex could lead to increased production of silver and gold, contributing to the global supply of these precious metals. Moreover, it could inspire further exploration and investment in similar projects in Guanajuato, Mexico, and other regions around the world.
Key Findings
According to the report, the El Cubo and El Pinguico Silver-Gold Complex contain the following resources:
- Measured and Indicated Resources: 13.1 million ounces of silver and 52,000 ounces of gold
- Inferred Resources: 15.3 million ounces of silver and 60,000 ounces of gold
Additionally, the report outlines the potential for significant exploration upside, particularly at El Pinguico, where drilling results indicate the potential for a large, high-grade epithermal silver-gold system.
Conclusion
The filing of the new NI 43-101 Technical Report marks an exciting time for Guanajuato Silver Company Ltd. The report highlights the potential value of the El Cubo and El Pinguico Silver-Gold Complex, which could lead to increased investor interest and growth opportunities for the company. Furthermore, the successful exploration and development of these projects could contribute to the global supply of silver and gold and inspire further investment in the mining industry. The mining world eagerly awaits the potential discoveries and advancements that may come from this complex.
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