Guanajuato Silver Company Ltd. (TSE:GSVR) has released an update.
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Guanajuato Silver Company Ltd., a fast-growing precious metals producer, has fully repaid its $7.5 million loan to OCIM Metals & Mining S.A., underlining the company’s improved financial position and operational success in Mexico. This move not only demonstrates the company’s enhanced financial flexibility but also signifies its strategic progress with four producing mines. With only one gold loan credit facility remaining, the company showcases strong production figures, averaging over 1600 ounces of gold and 137,000 ounces of silver per month.
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