VANCOUVER, BC / ACCESSWIRE / November 27, 2023 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to announce the commencement of development work and the processing of mineralized material from an existing stockpile at its 100% owned El Horcon mine ("Horcon") located approximately 60km NW of Guanajuato, Mexico.

James Anderson, Chairman & CEO said, "The past producing El Horcon mine is ideally situated to become a satellite mining operation that could significantly expand Guanajuato Silver's production profile. The El Horcon mine fits well within our strategy of further consolidating the Guanajuato mining district as we look to take advantage of the excess processing capacity of our two operating mills in the area. In addition to being able to immediately access low-cost mineralized material from the existing stockpile, we are confident that the development programs we have planned for 2024 will add value to El Horcon and allow us to rapidly advance this exciting project."
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