Welcome to our dedicated page for Guanajuato Silver news (Ticker: GSVRF), a resource for investors and traders seeking the latest updates and insights on Guanajuato Silver stock.
Guanajuato Silver Company Ltd. reports operating and corporate developments as a Mexico-focused precious metals producer. The company produces silver and gold from the Bolanitos mine, El Cubo Mines Complex, Valenciana Mines Complex and San Ignacio mine in Guanajuato, and produces silver, gold, lead and zinc concentrates from the Topia mine in Durango.
Recurring updates include production and financial results, NI 43-101 technical reports, mineral resource and reserve estimates, drilling programs, mine optimization initiatives, completed asset acquisitions, board appointments, stock option grants and at-the-market equity activity. Company news also addresses concentrate sales exposure to silver and gold and operating risks tied to underground mining in Mexico.
Guanajuato Silver (OTCQX:GSVRF, TSXV:GSVR) received Mexican government approval to begin a surface drilling program at its wholly owned El Horcon project in Jalisco, Mexico, about 60km northwest of Guanajuato. Permits allow up to 45 drill pads along a 3.7km trend, covering roughly one-third of the property's structural prospectivity.
The company plans a first-phase 2026 campaign of about 5,000 metres, averaging 260m per hole, with one hole to 500m, using a company-owned diamond rig redeployed from El Cubo. Drilling aims to validate and expand a historical inferred resource of over 2.0 million silver-equivalent ounces defined in 2017 under NI 43-101, which the company treats as historical and not current. Guanajuato Silver also reported that an appeal in a lawsuit brought by NucTech Mexico against subsidiary MMR was denied by a Mexican court, confirming an earlier damages judgment already accrued in the company’s 2025 financial statements.
Guanajuato Silver (OTCQX:GSVRF) announced the resignation of Richard Silas as VP Corporate Development and Corporate Secretary, effective to address a personal matter. Silas remains on the Board of Directors.
Susana Del Rio, head of legal and compliance, is appointed VP of Administration and Corporate Secretary.
Guanajuato Silver (OTCQX:GSVRF, TSXV:GSVR) reported 2026 AGM results held June 30, 2026 in Vancouver. All six director nominees were elected, with votes “for” ranging from about 73.6% to 90.2%. Shareholders also approved a six-member board, reappointed KPMG LLP as auditors, and approved the Amended Stock Option Plan.
Guanajuato Silver (OTCQX:GSVRF) announced an accelerated partial repayment of its gold loan with Ocean Partners. The company repaid 1,448.7 oz of gold at US$3,830/oz, covering all 11 remaining monthly instalments.
The only remaining obligation is a final bullet payment of 2,365.8 oz due at loan maturity in April 2028. This gold loan is currently the company’s sole debt, with an estimated mark-to-market value of about US$10.2M. Guanajuato Silver notes that this portion of the loan was extinguished at a discount to the current gold spot price.
Guanajuato Silver (OTCQX:GSVRF) reported record Q1 2026 revenue of $43.1M, up 89% quarter-over-quarter, with 97% from silver and gold sales.
The company delivered record EBITDA of $13.1M, net income of $5.7M, mine operating income of $14.3M, and ended the quarter with $30.5M in cash and short-term investments.
Gold output rose 104% to 4,295 oz and silver production increased 15% to 339,104 oz, supported by the January 2026 acquisition of the gold-rich Bolanitos Mine.
Guanajuato Silver (OTCQX:GSVRF) announced an accelerated partial repayment of its gold loan with Ocean Partners UK. The company repaid 1,580.4 ounces of gold, equal to one year of payments, using cash on hand, so obligations under the loan are fully covered until May 2027.
Since inception, Guanajuato Silver has repaid 3,292.5 ounces, or 46% of the original balance. 3,814.5 ounces remain, with monthly installments resuming in 2027 and a final bullet payment due at loan maturity in 2028.
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Guanajuato Silver (TSXV:GSVR / OTCQX:GSVRF) filed an NI 43-101 technical report for its 100% owned Bolañitos (Bolanitos) mine (effective March 19, 2026).
The report lists Proven+Probable mineral reserves of 388.7 kt at 73 g/t Ag (AgEq 178 g/t) containing 908.8 koz Ag and 2,230.5 koz AgEq (Dec 31, 2025 effective date).
Guanajuato Silver (OTCQX:GSVRF) appointed David Paxton to its board effective March 23, 2026, adding 40+ years of underground mine management and public-company governance experience. The company filed a NI 43-101 Technical Report for the 2025 MRE at the 100% owned Valenciana Mines (effective Dec 27, 2025).
GSilver granted 11,300,000 stock options at $0.50 (expiring Mar 23, 2031) and sold 2,409,200 shares via its ATM for gross proceeds of $2,057,134 in Q1 2026.
Guanajuato Silver (TSXV:GSVR, OTCQX:GSVRF) was named to the 2025 TSX Venture 50, ranking 10th among the top performing companies. The company cited stronger operating discipline, higher silver prices and market recognition as drivers. The company also completed a recent purchase of the Bolanitos gold-silver mine and entered a six-month investor relations agreement with Epstein Research for US$2,000/month, subject to TSX Venture Exchange approval.