VANCOUVER, BC / ACCESSWIRE / December 12, 2023 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to provide an operations update prior to year-end 2023. Production results are generated from the Company's wholly owned El Cubo Mines Complex ("El Cubo"), Valenciana Mines Complex ("VMC"), and San Ignacio Mine ("San Ignacio") in Guanajuato, Mexico, and the Topia Mine ("Topia") in Durango, Mexico.

November Production Results Demonstrate Improved Performance

During the second and third quarters of 2023, the Company completed several changes to operations at all of GSilver's producing silver mines. (See GSilver news release dated November 24, 2023 - "Guanajuato Silver Reports Q3 2023 Financial and Operating Results"). Most notably:

Mining operations were adjusted at El Cubo to significantly increase the number of available mining stopes.
Dewatering commenced at El Cubo to access higher-grade mineralized zones located in deeper areas of the Villalpando section of the mine.
The business model at Topia was changed to center on purchasing mineralized material from underground contract miners and local operators.
Results from October to the end of November have demonstrated improvements across almost all measurable cate... see & read more on
https://www.accesswire.com/815833/guanajuatosilverprovidesmid-q4productionupdate