Gatos Silver Inc. today reported unaudited 2021 year-end results and provided a corporate update. Gatos Silver is focused on producing a new life-of-mine plan and updating its mineral resources and mineral reserves following its January 25, 2022 announcement regarding a reduction in metal content of its previously stated mineral reserve figures [...]
Gatos Silver Inc. today provided an update on the resource and reserve estimation process following recent reconciliation work at its Cerro Los Gatos mine and provided strong 2022 production and cost guidance for the CLG operation. During the Company's resource and reserve update process for the Los Gatos Joint Venture , which included a detailed [...]
Gatos Silver Inc. is very pleased to report record silver production and plant throughput from the 70%-owned Cerro Los Gatos mine during the fourth quarter of 2021 . 2021 and Q4 Operating Performance Silver production in Q4 was 2.3 million ounces and increased 35% compared to the third quarter 2021 , due primarily to higher mined silver ore grades [...]
Gatos Silver Inc. is pleased to announce the appointment of Tony Scott as Vice President of Evaluations and Technical Services effective January 10, 2022. Mr. Scott is a highly accomplished mining executive with more than 20 years of experience in the resource industry, including extensive experience in both underground and open-pit mines. Most [...]
Gatos Silver Inc. today reported third quarter 2021 operational and financial results. Key Highlights: Achieved record processing throughput of 234,054 tonnes, averaging 2,544 tonnes per day exceeding the 2,500 tpd design capacity at its 70%-owned Cerro Los Gatos mine; Achieved strong metal recoveries at CLG with silver recovery averaging 89%, lead [...]
Gatos Silver Inc. is pleased to report record plant throughput and mined tonnage from the 70%-owned Cerro Los Gatos mine during the third quarter of 2021 . CLG Q3 Operating Performance Gatos Silver mined a record 242,899 ore tonnes from CLG in Q3, exceeding the second quarter 2021 record tonnage by 1.2%. The plant also achieved record processing [...]
Gatos Silver Inc. announces the departure of John Kinyon, Chief Operating Officer, from the Company effective today. The Los Gatos Joint Venture operations will report directly to Dale Andres, President of the Company. Stephen Orr, Chief Executive Officer, stated "the Company thanks John for his outstanding contributions to the successful [...]
Gatos Silver Inc. is pleased to report drilling results from its definitional drilling at Cerro Los Gatos . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210810005140/en/ Figure 1: Cross Section of SE Block #4 Showing Three Veins and the Relationship to Antigatos Fault #2 The [...]
Gatos Silver Inc. today reported second quarter 2021 operational and financial results. Key Highlights: Achieved record quarterly net income of $13.5 million; Produced a quarterly record of 2.1 million ounces of silver from the Los Gatos Joint Venture Cerro Los Gatos mine, as well as record lead and zinc production based on record throughput and [...]
Gatos Silver Inc. is pleased to announce its 70%-owned Los Gatos Joint Venture has repaid its Term Loan effective July 26, 2021. Gatos Silver's attributable portion of the Term Loan retirement and related costs was approximately $155.9 million. Gatos Silver's portion of the Term Loan retirement was funded with proceeds from the recently completed [...]
Gatos Silver Inc. today announced the pricing of a public offering of 8,930,000 shares of common stock by Gatos Silver and 2,500,000 shares of common stock by certain selling stockholders at a price of US $14.00 per share. In addition, Gatos Silver and the selling stockholders have granted the underwriters a 30-day option to purchase up to [...]
Gatos Silver Inc. today announced that it has commenced the roadshow for a proposed public offering to offer 6,500,000 shares of common stock and for certain selling stockholders to offer 1,820,000 shares of common stock. In addition, Gatos Silver and the selling stockholders intend to grant the underwriters a 30-day option to purchase up to [...]
