Business
Guanajuato Silver Plans Record Amount of Drilling for 2026
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated November 28, 2024 to its short form base shelf prospectus dated August 21, 2024. VANCOUVER, BC / ACCESS Newswire / January 29, ...
About this update from Guanajuato Silver Company Ltd.
[{"type":"text","content":"This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated November 28, 2024 to its short form base shelf prospectus dated August 21, 2024.","length":214,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / January 29, 2026 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF), a growing Mexico-focused precious metals producer, is pleased to announce the Company's consolidated 2026 drilling guidance from the Company's five wholly owned producing underground mines in Mexico, namely the Bolanitos mine ("Bolanitos"), the El Cubo Mines Complex ("El Cubo"), the Valenciana Mines Complex ("VMC"), and the San Ignacio Mine ("San Ignacio") located in Guanajuato, Mexico, and the Topia Mine ("Topia") located in Durango, Mexico. The Company is also providing 2025 production results.","length":718,"tagName":"p"},{"type":"text","content":"James Anderson, Chairman & CEO, said, "In 2026 we will be significantly expanding our drilling budgets to ensure Guanajuato Silver is best positioned to expand its mineral resources at all of its assets in Mexico. Sufficiently capitalized, we can now, for the first time in the Company's history, make the considerable investments required to grow our resources, establish our first reserve estimates, and generate long-term production growth. As one of only a handful of true junior precious metals producers, Guanajuato Silver offers investors outsized leverage to the silver price. We enter the new year with optimism and with a solid roadmap for success."","length":677,"tagName":"p"},{"type":"text","content":"2026 Drilling Highlights","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total planned drilling for 2026 of approximately 75,000 meters, representing 731% and 1,660% increases over 2025 and 2024, respectively. Total meters are comprised of both infill and exploration drilling.","length":204,"tagName":"p"}]},{"val":[{"type":"text","content":"Exploration drilling plans for 2026 total approximately 45,000 meters, representing 2,021% and 6,428% increases over 2025 and 2024, respectively.","length":145,"tagName":"p"}]},{"val":[{"type":"text","content":"I...