In reviewing the Company's technical reports on its Valenciana,
Regarding
Until the updated reports are filed, the current Technical Reports do not comply with NI 43-101, and are therefore not to be relied upon.
The Company anticipates that it will have the updated Technical Reports filed within 45 days. In updating the reports, the Company does not anticipate any revision of its stated mineral resources.
Contact:
JJ Jennex
Tel: 604 723 1433
Email: jjj@GSilver.com
Forward-Looking Statements
This news release contains certain forward-looking statements and information, which relate to future events or future performance including, but not limited to the expected completion date of the filing of new technical reports.
Such forward-looking statements and information reflect management's current beliefs and expectations and are based on information currently available to and assumptions made by the Company; which assumptions, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: the availability of consultants to complete the updated Technical Reports and availability of funds for the Company's projects and to satisfy current liabilities and obligations including debt repayments. The foregoing list of assumptions is not exhaustive.
Readers are cautioned that such forward-looking statements and information are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results, level of activity, production levels, performance or achievements of GSilver to differ materially from those expected including, but not limited to, market conditions, availability of financing, availability of consultants to complete the updated Technical Reports. In addition, there are no assurances that the Company will meet its production forecasts or generate the anticipated cash flows from operations to satisfy its scheduled debt payments or other liabilities when due or meet financial covenants to which the Company is subject or to fund its exploration programs and corporate initiatives as planned. There is also uncertainty about the continued spread and severity of COVID-19, the ongoing war in
(C) 2024 Electronic News Publishing, source