Business
Guanajuato Silver Provides Corporate Update
VANCOUVER, BC / ACCESS Newswire / December 4, 2025 / Guanajuato Silver Company Ltd. (the " Com...
About this update from Guanajuato Silver Company Ltd.
[{"type":"text","content":"Guanajuato Silver Provides Corporate UpdateVANCOUVER, BC / ACCESS Newswire / December 4, 2025 / Guanajuato Silver Company Ltd. (the \"Company\" or \"GSilver\") (TSXV:GSVR)(OTCQX:GSVRF) is providing an update on current activities in its mining operations in the Guanajuato area in advance of the closing of the acquisition of Bolanitos S.A. de C.V.James Anderson, Chairman & CEO, said, \"As we continue moving towards closing of the recently announced Bolanitos acquisition, management has started executing an optimization program to ensure maximum performance of our Guanajuato district assets. With the addition of a third processing plant within a 20km radius, we are realigning our mineral-transport routes within our hub-and-spoke processing model. A key step in this process is the temporary closure of the Cata processing plant, which will no longer receive mineralized material from San Ignacio once that mine and Bolanitos become an integrated operation. Mineralized material mined at our Valenciana Mines Complex will now be re-routed to El Cubo for processing. For comparison, in 2024, the last full year in which information is available, Bolanitos plant utilization averaged 73%; while Cata and Cubo plant utilization was 60% and 66% respectively. This re-routing measure will ensure maximum utilization of the Bolanitos and Cubo mills while reducing costs incurred by having Cata on standby.\"On November 24, 2025, the Company announced the signing of a definitive agreementto acquire the Bolanitos gold-silver mine (\"Bolanitos\") located in Guanajuato, Mexico, from Endeavour Silver Corp. (\"Endeavour\")(TSX:EDR), (See GSilver news release dated November 24, 2025 - Guanajuato Silver to Acquire Bolanitos Gold-Silver Mine in Mexico) (the \"Transaction\"). Mineralized material from the Valenciana Mines Complex (VMC) will now be sent to the El Cubo mill, which is located approximately 10 km away. Placing the Cata mill on care & maintenance is a process that is expected to take approximately 15 days to complete. The Company will continue to evaluate the future of the Cata facility, while it studies other potential synergistic measures within the Guanajuato region, including reactivating Cebada, the past producing mine located contiguous and to the north of VMC.Figure 1 - Cata mill, Guanajuato, Mexico. Closing the Transaction is subject...