Guanajuato Silver Reports Promising Drilling Results at Valenciana Mines

Guanajuato Silver Company Ltd. has announced significant results from its drilling program at the Valenciana Mines Complex in Guanajuato, Mexico. The company reported an assay result of 492 g/t AgEq over a 3.19-meter interval, including a notable 0.42-meter section at 2808 g/t AgEq. This drilling campaign, part of a broader 2024 exploration initiative, highlights the potential of the Maravillas section, which remains under-explored. The company undertook seven drill holes, identifying four main veins: Alto1, Alto2, Alto3, and Alto4.

Guanajuato Silver's CEO, James Anderson, emphasized the alignment of these findings with the company's production goals, aiming to leverage exploration successes for growth. The exploration advances could facilitate incorporating Maravillas into existing operations. Further assay results and development plans are expected in late 2024, as the company continues its exploration in this historically rich mining district.