Guanajuato Silver Company Ltd. announced that it will begin processing 3rd party silver and gold mineralized material at its El Cubo mill located 11km east of Guanajuato, Mexico. The company announced it has signed a contract to purchase approximately 4,000 tonnes of silver and gold mineralized
material from a mining operation located in the Guanajuato area. This material will be processed at the company's El Cubo processing plant separately from material sourced from the Company's El Cubo and El Pinguico mines. The Company is now averaging approximately 1,000 tonnes per day through its El Cubo mill; this production combines material from El Cubo and the El Pinguico above-ground stockpile. The current mined output from El
Cubo remains on target with the Company's ramp-up schedule. Further details of current and planned production, grades, and recoveries will be upcoming in subsequent news releases.