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Gatos Silver Announces Revocation of Management Cease Trade Orders
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VANCOUVER, British Columbia, July 05, 2023 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced that, effective July 4, 2023, the Ontario Securities Commission fully revoked the management cease trade orders previously granted in respect of certain former and current senior officers of the Company on April 1, 2022, April 12, 2022 and July 7, 2022.
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 Los Gatos Joint Venture (“LGJV”), the Company is primarily focused on operating the Cerro Los Gatos mine and on growth and development of the Los Gatos district. The LGJV consists of over 103,000 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
André van Niekerk Chief Financial Officer investors@gatossilver.com +1 604 424 0984
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
