Guanajuato Silver Completes Underground Ramp Connecting San Ignacio And Bolanitos Mines in Mexico
MT newswire2026/10/08 19:5903:59 PM EDT, 10/08/2026 (MT Newswires) -- Guanajuato Silver (GSVR.V) said Thursday it has completed a 267-meter underground ramp connecting its San Ignacio and Bolanitos mines in Mexico. "This new ramp is expected to result in lower operating costs, better haulage rates, and improved ventilation between the two operations," the company added. Construction began in May following detailed engineering and preparation, with the ramp connecting San Ignacio to the Lucero mine, which is centrally located within the Bolanitos complex. The connection was completed on Sept. 30, ahead of schedule, the company said. During development, the new ramp encountered multiple mineralized veins, including projections of the Cecilia vein system, with sampling showing grades well above cut-off, the company said, adding that based on these results, it has started a drilling program in the area to fully define the potential resource additions. Shares of Guanajuato Silver were up 1.4% at CA$0.38 on the TSX Venture Exchange. Price: 0.38, Change: +0.01, Percent Change: +1.35
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