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Guanajuato Silver Company Ltd - GSVRF STOCK NEWS

Welcome to our dedicated news page for Guanajuato Silver Company (Ticker: GSVRF), a resource for investors and traders seeking the latest updates and insights on Guanajuato Silver Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Guanajuato Silver Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Guanajuato Silver Company's position in the market.

Rhea-AI Summary
Guanajuato Silver Company announces a significant increase in the San Ignacio mine's mineral resource estimate. Measured & Indicated category increased by 130% and Inferred category increased by 283%. This update is part of the company's effort to upgrade all resource estimates for its silver mines in Mexico. The new estimate shows increases in contained metals of approximately 4.318M oz AgEqii in the Measured and Indicated category (130% increase), and 16.385M oz AgEqii in the Inferred category (283% increase).
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End-of-Day
0.05%
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Rhea-AI Summary
Guanajuato Silver Company Ltd. announces Q2 production of over 941,338 AgEq ounces. Net loss narrows by 2% in Q2 to $8.5M compared to $8.6M in Q1. All-in sustaining cost of $22.47 per AgEq ounce produced. Tonnes mined and milled increased 3% and 2% respectively from Q1 to Q2. Silver and gold recoveries back to near-historical highs. Average silver and gold recoveries for Q2 were 84.9% and 83.1% respectively. Cash cost per silver equivalent ounce include mining, processing, and direct overhead.
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End-of-Day
-9.58%
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Guanajuato Silver announces positive drill results from Topia Mine in Mexico, indicating production potential within 2km of mill facility. Infill and resource expansion drilling ongoing with good results at multiple veins. Debt settlement arranged with certain creditors for $1,207,093 in outstanding liabilities, settled by issuance of 3,772,167 common shares at $0.32 per share. Debt settlement subject to TSX Venture Exchange approval. Sampling and quality assurance/quality control procedures followed.
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End-of-Day
4.24%
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Rhea-AI Summary
Guanajuato Silver Company Ltd. (GSVR) reports an employee fatality at the San Ignacio mine in Guanajuato, Mexico. The incident led to a temporary shutdown as the company collaborates with Mexican authorities for a thorough investigation. The safety and well-being of employees, contractors, and neighbors are the company's top priority. The Chairman and CEO, James Anderson, expressed condolences and assured support to the impacted individuals.
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-2.52%
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Rhea-AI Summary
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-0.79%
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Rhea-AI Summary
Guanajuato Silver Company Ltd. announces record production for Q2 2023, with 941,338 silver-equivalent ounces derived from silver, gold, lead, and zinc. The development of the El Condor Tunnel Project at the Topia mine opens up potential for additional mineralized material. The Cata Shaft at VMC is fully integrated into mining operations, reducing haulage costs. High-grade mine pillars extraction program begins at VMC. Consolidated mine production increased 2.5% in Q2 2023. Consolidated silver production increased 4% and gold production increased 7%. Overall lead and zinc production decreased in Q2 2023. Average recoveries for silver, gold, and lead increased, while zinc recovery dropped.
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End-of-Day
4.71%
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Guanajuato Silver Company has announced the commencement of a high-grade pillar exploitation program at its Valenciana Mines Complex in Mexico. The program aims to extract mineralized material from the 'La Patilla' pillar, which is estimated to have a grade range of 300 g/t to 330 g/t silver-equivalent. The pillar has the potential to fill the Cata mill to capacity for approximately one month.
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3.46%
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Guanajuato Silver Company Ltd

OTC:GSVRF

GSVRF Rankings

GSVRF Stock Data

70.14M
327.43M
8.1%
21.03%
Silver
Basic Materials
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Canada
Vancouver