Near Term Silver Production in Mexico



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Guanajuato Silver Company Ltd.

Guanajuato Silver is an exploration and development company engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The Company's El Pinguico project is a significant past producer of both silver and gold located just 7 kilometers south of the city. Upon closing of the El Cubo acquisition, the Company will focus on the refurbishment of the El Cubo mill, and swift commencement of production from the El Cubo and El Pinguico Combined Operation, as well as delineating additional silver and gold resources through underground and surface drilling on its projects located in this 480-year-old mining camp.

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Why Guanajuato Silver

  • Dedicated Management Team
  • Enviable Location
  • High-grade silver and gold projects in a safe, mining-friendly jurisdiction
  • Well capitalized to execute on growth strategies.
  • Underground drilling campaign underway at El Pinguico
  • Positive PEA results demonstrating low CapEx and near-term cash flow potential.

El Cubo Project

The El Cubo and El Pinguico properties are within the major epithermal mineral vein system common to the Guanajuato area and share many of the same geological, mineralogical, metallurgical characteristics, and mining methods. El Cubo is approximately 8 kilometers (km) from El Pinguico. It is anticipated that both properties will utilize El Cubo’s existing mill infrastructure and administration facilities, processing blended mineralized material from El Cubo and the El Pinguico projects.

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El Pinguico Project

Guanajuato Silver’s Project, El Pinguico, totals 71 hectares and is located seven kilometers southeast of Guanajuato, Mexico. El Pinguico operated from the late 1880s until 1913, becoming a historic producer of high-grade silver and gold. Underground drilling targets are set to commence in December 2020, primarily from the Don Ricardo target area, with surface drilling to follow in Q1 2021.

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Suite 578 – 999 Canada Place
Vancouver, BC V6C 3E1
+1 (778) 989-5346

Guanajuato Silver is engaged in the exploration of mineral projects in the Guanajuato region of central Mexico. The Company’s flagship El Pinguico project is a significant past producer of high grade gold and silver and is located just 7km south of the city of Guanajuato, Mexico.