Guanajuato Silver Expands Mining at San Ignacio

Guanajuato Silver Company Ltd. has advanced its operations at the San Ignacio mine in Mexico by accessing the Santo Nino vein, opening a new area with higher gold content. This expansion aligns with the company's exploration strategy for 2025, emphasizing the potential beyond current production zones. The Santo Nino discovery follows the reach of the Purisima vein after extensive development work.

In 2023, a mineral resource estimate showed significant growth in both Measured and Indicated, as well as Inferred resources, marking a notable increase in contained metals. The geological features of the La Luz structure, hosting multiple veins including Santo Nino, support these ongoing exploration activities