sur Guanajuato Silver Company Ltd. (NASDAQ:GSVRF)
Guanajuato Silver Reports High-Grade Gold Finds at Valenciana
Guanajuato Silver Company Ltd. has announced significant exploration results from its Valenciana Mines Complex in Guanajuato, Mexico. Recent drilling at the Santa Margarita zone revealed high-grade veins and breccias. Notably, one vein measured 0.98 meters with 16.7 g/t gold and 12 g/t silver, culminating in 1,432 g/t AgEq. Another measured 0.26 meters with 45.3 g/t gold and 38 g/t silver, resulting in 3,886 g/t AgEq.
These findings surpass historical averages for gold at the site. The promising results will underpin a new mining block, slated for development in 2025, according to CEO James Anderson. During Q1 2025, 475 meters of drilling occurred, with Santa Margarita results indicating an economically viable material block within the Veta Madre structure.
Additionally, efforts at the Maravillas zone showed a wide vein intercept in the Veta Madre. Future drilling will seek to expand the known vein footprint here. Guanajuato Silver maintains rigorous QA/QC procedures, adhering to regulatory standards in its testing and sampling processes.
R. P.
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