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Gatos Silver Announces Filing of Technical Reports and Investor Webcast Details

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VANCOUVER, British Columbia--(BUSINESS WIRE)-- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced that it has filed an independent technical report summary prepared in accordance with subpart 1300 of Regulation S-K in the United States on the EDGAR section of the Securities and Exchange Commission website at www.sec.gov and a corresponding independent technical report prepared in accordance National Instrument 43-101 - Standards of Disclosure for Mineral Projects in Canada under the Company’s profile on SEDAR at www.sedar.com (collectively, the “2022 Technical Reports”). The 2022 Technical Reports, titled “Mineral Resource and Mineral Reserve Update, Los Gatos Joint Venture, Chihuahua, Mexico” dated November 10, 2022, support the disclosure made by the Company in its October 3, 2022 press release announcing updates on Cerro Los Gatos ("CLG") mineral reserve, mineral resource and life of mine plan.

Webcast and Conference Call

Gatos Silver will host a webcast and conference call to discuss the latest mineral reserve and mineral resource estimates and the South-East Deeps discovery at CLG, the exploration potential of the Los Gatos Joint Venture (“LGJV”) mineral properties, and to provide a corporate update on November 22, 2022, at 12:00 pm Eastern Time.

Conference Call Details:

For both “listen-only” participants and those financial analysts who wish to take part in the question and answer portion of the call, the telephone dial-in number is +1-646-970-1443 (in the U.S.) or +1-888-300-4030 (outside the U.S.), both with access code 9918132. The number should be dialed at least 10 minutes prior to the start of the conference call.

Webcast Details:

Title: Gatos Silver Investor Update
URL: https://event.on24.com/wcc/r/4024120/AE348F2E04AF20D33D0B2A7650F6C6B5

A replay of the webcast will be available following the conference call on the Company’s website, www.gatossilver.com.

About Gatos Silver

Gatos Silver is a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico. As a 70% owner of the LGJV, the Company is primarily focused on operating the mine and mineral processing plant at the LGJV’s CLG deposit. The LGJV consists of approximately 103,087-hectares of mineral rights, representing a highly prospective and under-explored district with numerous silver-zinc-lead epithermal mineralized zones identified as priority targets.

Investors and Media Contact

Tiffany Osburn

Director, Financial Reporting and Corporate Communications

investors@gatossilver.com

(720) 726-9662

Source: Gatos Silver

Gatos Silver, Inc.

NYSE:GATO

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About GATO

sunshine silver mining & refining is a privately-held u.s. based silver company that is advancing its two principle projects, the sunshine mine in idaho and the los gatos project in chihuahua, mexico. the sunshine mine deposit is one of the highest grade large primary silver deposits in the world with a resource of 75 million measured & indicated and 221 million inferred silver ounces at an average grade of 827 grams per tonne. the company also owns the sunshine precious metals refinery adjacent to the sunshine mine and is the only silver mining and processing company in north america that is fully integrated and certified to sell high purity silver directly to the comex in new york. the los gatos project is a joint venture between sunshine silver mining & refining corp (sunshine silver) and dowa metals & mining ltd (dowa) where sunshine silver has 70% ownership and is the operating partner. the project is comprised of 103,000 contiguous acres of mineral rights that define a new silver