Mr. Adam Dubas reports
GATOS SILVER ANNOUNCES RESTORATION OF FULL GRID POWER AT CERRO LOS GATOS
Full power from Mexico's national power grid has been restored at Gatos Silver Inc.'s Cerro Los Gatos (CLG) mine site. CLG is currently operating the surface facilities and the full complement of underground mining infrastructure and activities. The CLG process plant will resume operation early this week upon completion of the previously accelerated maintenance activities that commenced during the temporary power restriction in northern Mexico. Given the expedited restoration of full grid power, the outage has had minimal impact on the company's mining and processing activities.
About Gatos Silver Inc.
Gatos Silver is a silver-dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua state, Mexico. To date, 14 zones of mineralization have been defined within the district and all are characterized by silver-zinc-lead epithermal mineralization. More than 85 per cent of the approximately 103,087-hectare mineral rights package has yet to be drilled, representing a highly prospective and underexplored district. The company recently built and commissioned its first operating mine and mineral processing plant at the Cerro Los Gatos deposit, which is expected to produce 12.2 million silver equivalent ounces annually.
We seek Safe Harbor.
© 2021 Canjex Publishing Ltd. All rights reserved.