Welcome to our dedicated page for Guanajuato Silver Company news (Ticker: GSVRF), a resource for investors and traders seeking the latest updates and insights on Guanajuato Silver Company stock.
Guanajuato Silver Company Ltd. (OTCQX:GSVRF) generates frequent news as a precious metals producer focused on reactivating past producing silver and gold mines in central Mexico. Company releases highlight operating performance from the El Cubo Mines Complex, the Valenciana Mines Complex, the San Ignacio mine in the state of Guanajuato, and the Topia mine in Durango, where GSilver produces silver, gold, lead and zinc concentrates.
Investors following GSVRF news can review updates on mine production and financial results, including mine operating income, working capital trends, silver‑equivalent output and non‑IFRS measures such as cash costs, all‑in sustaining costs, EBITDA and adjusted EBITDA. The company’s disclosures also cover growth transactions, such as the definitive agreement to acquire the Bolanitos gold‑silver mine and associated concessions from Endeavour Silver, which GSilver expects to become its fifth producing precious metals mine in Mexico.
News items frequently address exploration and development activity at El Cubo, VMC and Pinguico, reporting drill results from structures like the San Luis, Dolores, Packman and Santa Margarita veins, as well as permitting milestones such as the explosives permit for the Pinguico project. Operational updates describe changes to the company’s hub‑and‑spoke processing model, including mill utilization plans and the temporary care‑and‑maintenance status of the Cata plant, along with mining fleet upgrades intended to support underground operations.
This GSVRF news page on Stock Titan brings together these categories of information in one place, allowing readers to review corporate updates on production, acquisitions, financings, drilling results, project development and risk disclosures directly sourced from Guanajuato Silver’s public communications.
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 (GSVRF) reported strong Q4 2024 financial results, marking its third consecutive quarter of positive mine operating income at $2.66M, a 416% improvement over Q3. The company achieved revenue of $19.04M, up 4% from Q3 and 15% from Q4 2023.
Q4 production reached 730,485 silver equivalent ounces, comprising 385,342 oz silver, 3,298 oz gold, 739,440 lbs lead, and 985,895 lbs zinc. The average realized prices were $31.44 for silver and $2,664.40 for gold, with over 90% of revenue from precious metals.
Operating metrics showed slight increases: cash cost rose 6% to $19.84/AgEq oz, AISC increased 5% to $24.98/AgEq oz, and cost per tonne grew 4% to $106.21. The company's Mine Operating Cashflow improved significantly from -$156K in 2023 to +$12.6M in 2024, with Working Capital improving by $3.1M.