TSXV: GSVR
OTCQX: GSVRF 
- Historically the highest-grade silver mine in the region.
- Pinguico Mines Co. was listed on the New York Stock Exchange.
- Pinguico operated from 1890 to 1913; operations ceased due to the Mexican Revolution.
- Only 8km (5 miles) from El Cubo.
- Above and below-ground stockpiles will be transported to El Cubo for processing.
Above ground stockpile is only 5 miles from El Cubo. Mineralized material from Pinguico can be easily transported to the El Cubo Mill for processing.
| El Mineral Resources as of 31 December 2023 | ||||||
| Classification | Tonnes | Silver | Gold |
Silver Eq g/t |
||
| g/t | oz | g/t | oz | |||
| Measured | 0 | |||||
| Indicated | ||||||
| - Surface Stockpile | 130,000 | 79 | 331,000 | 0.45 | 1,883 | 115 |
| - Underground Stockpile | 25,600 | 166 | 136,600 | 1.67 | 1,375 | 300 |
| TOTAL | 724,709 | |||||
| Notes: 1. Silver Equivalent calculated using 1 ounce of gold is equal to 80 ounces of silver. 2. Numbers have been rounded. 3. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves. | ||||||
Source: For additional details refer to the technical report dated April 17, 2024 (effective date December 31, 2023) titled “Technical Report – El Cubo/El Pinguico Silver Gold Complex Project, State of Guanajuato, Mexico” available on SEDAR+
The primary geological structure in the area is the Veta Madre; this is a large multi-pulse system that is responsible for several prolific silver-gold mines along its trend. Where the Veta Madre collides with the Pinguico system is a potential “Game Changing” drill target.
