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Guanajuato Silver sees "tremendous potential" at San Ignacio

May 18, 2023 at 11:50 am EDT

Guanajuato Silver Co Ltd - Mexico-focused mineral explorer - Provides drill results from its wholly-owned San Ignacio mine in Guanajuata, Mexico and its Topia mine in Durango, Mexico. In the year-to-date, 14 underground holes have been completed for a total of 2,202 metres at San Ignacio. Chief Executive & Chair James Anderson says the company sees "tremendous potential" for the project following the current round of high-grade drill results. Notes best intercept of the campaign is drill hole UGSI23-010 which returns a 4.89 metre wide mineralized intercept of the Melladito vein grading 359 grams per tonne of silver equivalent. At Topia, the best result was UT23-463 which returns over a half a metre of 2,674 grams per tonne of silver equivalent from the Preita vein.

Current stock price: 31.50 pence

12-month change: up 15%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
KINNEVIK AB	120.6 SEK	-2.51%	-4.33%	3.3B
LATTICE SEMICONDUCTOR CORPORATION	76.2 USD	-1.66%	+3.97%	10.66B
SILVER	31.95 USD	-0.30%	-0.22%	-
GUANAJUATO SILVER COMPANY LTD.	0.315 CAD	+6.78%	+10.53%	89.19M

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