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Stock impact report

Gatos Silver Reports New Intercepts of High-Grade Mineralization at Cerro Los Gatos [Financial Post (Toronto, Ontario, Canada)]

Gatos Silver, Inc. (GATO) 
Company Research Source: Financial Post
the “Company”) today provided an update on the drilling and exploration programs in the Los Gatos district (“LGD”) in Mexico. The update includes new intercepts of high-grade mineralization in the South-East Deeps (“SE Deeps”) zone of its 70%-owned Cerro Los Gatos (“CLG”) mine. Article content “These latest results from the SE Deeps resource conversion drilling program continue to highlight the opportunity to extend the CLG mine life,” said Dale Andres, CEO of Gatos Silver. “We have six of seven surface drill rigs continuing on SE Deeps conversion drilling during the first quarter. We remain very encouraged by the continuity and grade of mineralization extending beyond our current mineral reserve, and we are looking forward to incorporating these results into an updated mineral reserve and mineral resource estimate which we expect to complete in the third quarter of 2024.” Article content Q4 2023 Highlights Resource definition drilling in the SE Deeps zone of CLG intercepted Show less Read more
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