Guanajuato Silver Company Ltd Stock Price, News & Analysis

Guanajuato Silver (TSXV:GSVR) has successfully concluded its non-brokered Listed Issuer Financing Exemption (LIFE) private placement, which was oversubscribed. The offering consists of 60,000,000 units at $0.30 per unit, raising total gross proceeds of $18,000,000.

Each unit comprises one common share and one-half of a common share purchase warrant. The warrants are exercisable at $0.45 per share for 36 months following the closing. The anticipated closing date is set for the week of August 18, 2025, subject to regulatory approvals including TSX Venture Exchange approval.

Guanajuato Silver (OTCQX:GSVRF) has received a crucial General Use Explosives Permit from Mexico's Ministry of Defense for its Pinguico gold-silver project. This permit enables the restart of development work at the historic mine, which was once the highest-grade gold/silver mine in the Guanajuato region from 1890 to 1913.

The company plans to resume underground mining activities in Q4 2025, focusing on constructing a decline from Level 4 toward the historical underground stockpile. The project is located within 10km of the Company's El Cubo processing facility. Previous drilling has shown promising results, including intersections of 953 g/t AgEq silver-equivalent over 0.90 meters.

The permit was obtained several months ahead of schedule, with approximately 500 metres remaining to be developed. The company expects that economic mineralization encountered during development work will help offset the 2025/2026 underground development program costs.

Guanajuato Silver (OTCQX:GSVRF) has reported significant high-grade gold discoveries at its wholly-owned Valenciana Mines Complex (VMC) in Guanajuato, Mexico. The exploration program revealed impressive intercepts at the Santa Margarita zone, including 0.98 metres true width grading 16.7 g/t gold and 12 g/t silver (1,432 g/t AgEq) and 0.26 metres true width grading 45.3 g/t gold and 38 g/t silver (3,886 g/t AgEq).

The company completed approximately 475 metres of diamond drilling in Q1 2025 at the Santa Margarita and Maravillas areas. At Maravillas, drill hole UGM25-001 intercepted a wide vein with a true width of 7.06 metres. The promising results from Santa Margarita will be used to develop a new mining block in 2025, with gold values notably higher than the historical average at VMC.

[ "High-grade gold intercepts discovered with up to 45.3 g/t gold", "New mining block planned for development in 2025 based on Santa Margarita results", "Wide vein intercept of 7.06 metres discovered at Maravillas zone", "Gold values higher than historical average at the complex" ]

Guanajuato Silver (OTCQX:GSVRF) has appointed Rick Trotman as Senior Vice President, strengthening its senior management team. Trotman brings 20 years of mining industry experience, including roles at Barrick Gold, Meridian Gold, and Yamana Gold. His expertise spans technical operations, financial analysis, and resource development.

Trotman's previous experience includes managing investments worth over $300 million at Resource Capital Funds and serving as President and CEO of Barksdale Resources. The Company has also granted 2,200,000 stock options to officers and employees at an exercise price of C$0.32, expiring July 29, 2030.

[ "Addition of experienced mining executive with 20 years of industry expertise", "Trotman's diverse background spans operations, finance, and resource development", "Previous experience managing over $300 million in mining investments at RCF" ]

Guanajuato Silver (OTCQX:GSVRF) has discovered a significant high-grade gold zone at its San Ignacio Mine in Guanajuato, Mexico. Key drilling results include 8.20 meters true width grading 536 g/t AgEq and 1.06 meters true width grading 2,585 g/t AgEq in the Santo Nino zone.

The company has completed nine underground holes totaling approximately 1,000 metres of drilling. Development work has begun to access these high-grade areas, with mining expected to commence within three months. The mineralization is located near existing infrastructure, facilitating rapid exploitation.

Additionally, the company disclosed ongoing litigation with NucTech Mexico regarding mineral sorting equipment compensation claims, which GSilver believes are without merit.

Guanajuato Silver Company Ltd. (TSXV:GSVR)(OTCQX:GSVRF) has issued a clarification regarding the expiry date of warrants previously issued to Ocean Partners UK Ltd. The company confirmed that 4,550,000 warrants will expire on March 31, 2028. This announcement serves as a follow-up to their earlier press release from June 16, 2025, providing precise information about the warrant terms.

Guanajuato Silver Company has received Mexico's Socially Responsible Enterprise certification for 2024, recognizing their excellence in environmental, social responsibility, governance, and global context initiatives. The company has also finalized amended terms for its Gold Credit Facility with Ocean Partners UK Ltd. The facility's outstanding balance of 7,182 gold ounces will be restructured, with two-thirds amortized over 36 months starting April 2025, requiring monthly payments of 131.7 gold ounces. This represents approximately 10% of the company's modeled monthly gold production. As part of the agreement, Guanajuato Silver will issue 4,550,000 non-transferable warrants to Ocean Partners, exercisable at C$0.24 per share with a 36-month term expiring June 16, 2028.

Guanajuato Silver (GSVRF) reported strong Q1 2025 financial results, with record mine operating income of $4.8M, up 82% from the previous quarter. The company achieved record quarterly revenue of $21.3M, a 12% increase quarter-over-quarter. Production reached 738,006 silver equivalent ounces, including 380,406 oz silver, 3,347 oz gold, 699,294 lbs lead, and 909,029 lbs zinc. Operating costs improved with cash costs of $19.19 per AgEq oz (down 3%) and AISC of $23.41 per AgEq oz (down 6%). The company benefited from strong precious metals prices, with average realized prices of $31.88/oz for silver and $2,842.80/oz for gold. Adjusted EBITDA increased 135% to $4.1M. The company also appointed Dan Oliver as Lead Independent Director to enhance corporate governance.

Guanajuato Silver (GSVRF) has provided an exploration update for its El Cubo Mines Complex and San Ignacio Mine in Mexico. At El Cubo, the company completed 971.8 meters of underground diamond drilling in Q1 2025, focusing on the San Luis vein. The San Luis vein, discovered in 2022, has become one of El Cubo's most productive areas, with average grades of 116 g/t silver and 1.05 g/t gold. For 2025, GSilver plans a total of 6,500 meters of drilling across multiple veins, including Villalpando (2,500m), Dolores (1,350m), San Nicolas (1,500m), and others. At San Ignacio, the company completed a geophysical study west of the Santo Nino mining block, conducted by Zonge International, combining IP and CSAMT surveys to delineate vein systems for future exploration.