This website is owned and operated by Guanajuato Silver Company Ltd. (“GSilver”). By using this website, you agree to the following terms and conditions.


Except as may be expressly authorized by GSilver, any reproduction or modification of the website materials or content, in whole or in part, is strictly prohibited. GSilver makes no warranties, expressed or implied and disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, GSilver does not warrant or make any representations concerning the accuracy, completeness or reliability of the content or information in this website or otherwise relating to any content or information on any websites linked to this website. Facts and information provided on this website are believed to be accurate at the time they are posted, however GSilver disclaims any and all liability for any failure to update any content or information on this website. This website could include inaccuracies, typographical errors, or out-of-date information and changes may be made at any time to the information on this website without prior notice. YOU ARE ADVISED TO USE THIS WEBSITE AT YOUR OWN RISK.

Copyright and Trademarks

Certain material found on this website is protected by copyright. Certain names, graphics, video, audio, logos, icons, designs, words, titles and phrases on this website may constitute trade names, registered or unregistered trademarks or service marks (collectively “Trademarks”) of GSilver or other entities. Trademarks may be registered in Canada and in other countries, as applicable. However, the display of Trademarks on pages at this website does not imply that a license of any kind has been granted or obtained from any third party.

All content or information made available to you on this website is protected under applicable copyright laws. GSilver grants to you a limited licence to display the content of this website on your computer and to print such content solely for your own personal, non-commercial use provided that you do not modify the content in any way or delete any proprietary notices. You may not otherwise copy, republish or reproduce any content or information in any manner, including electronic reproduction by "uploading" or "downloading", without the prior written consent of GSilver. Any unauthorized copying, republishing, reproduction or modification of any Trade Marks or other content or information of this website may be a violation of statutory or common law rights that would subject you to legal action.


Any material, information or other communication (including questions, comments or suggestions) you transmit to GSilver through this website will be considered non-confidential and non-proprietary (“Communications”). In making any such transmission, you agree that GSilver will have no obligations of any kind with respect to the Communications. Where it is necessary, in order to answer your enquiry, the Communications you have provided may be passed to any GSilver office or affiliate. By sending any Communications to us, you acknowledge that you may be providing us with your personal information and you consent to GSilver’s collection, use and disclosure of your personal information as set out in GSilver’s privacy policy. You are prohibited from posting or transmitting to or from GSilver any unlawful, threatening, libelous, defamatory, obscene, or other materials that violate any law. For more information on GSilver’s collection, use and disclosure of personal information, please refer to GSilver’s Privacy Policy in this website -


In this website, GSilver has provided links and references to other websites. GSilver has no control over information at sites hyperlinked or referred to in this website. These links and references are being provided for the convenience of the users of this website and GSilver does not endorse and is not responsible or liable for the content, nature or reliability of any linked or referenced website or any link contained in a linked or referenced website. GSilver takes no responsibility for monitoring, updating, supplementing or correcting any information on any linked or referenced website and makes no representation or warranties regarding such information. Please note that in linking or going to these outside websites, you are leaving GSilver’s website and that GSilver is not responsible for the content of any other site.

Stock Quotes

All quotes are delayed at least 15 minutes unless otherwise stated.  All stock quotes and historical stock price data are provided by third party service providers and are provided for informational purposes only, and are not intended for trading purposes. If you are contemplating trading in the securities of GSilver, we strongly advise you to seek independent professional advice before making any investment decision.

GSilver makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify, the adequacy, accuracy or completeness of the information provided herein and, under no circumstances, will GSilver be liable for any inaccuracies or omissions in any such information or data, any delays or errors in the transmission thereof, or any loss or direct, indirect, incidental, special or consequential damages caused by reliance on this information or the risks arising from the stock market.


Website Content

This website has been prepared solely for the purpose of providing information about GSilver and its operations, is provided “as is” and is not intended to be a comprehensive review of all matters and developments concerning GSilver. No representation, warranty or guarantee of any kind, express or implied, is made as to the fairness, accuracy, completeness or correctness of information contained in this website, including the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects, results or statements in relation to future matters contained herein. See “Forward-Looking Information” below. In particular, the information contained in this website may be incomplete, may contain errors, or may have become out of date. Unless otherwise stated, all information posted on this Website is current only as of the date of the document that contains the information, if indicated, or the date on which the document is posted, whichever is earlier. GSilver makes no commitment, and disclaims any duty, to update any documents or other information posted on this website. GSilver reserves the right to add, modify, or delete any information on this website at any time without notice. You should always ensure that you are referring to the most current information available on this website.

In using this website, you agree that GSilver shall not be liable for any damages whatsoever, whether in contract, tort, or under other theory or law or equity (including indirect, incidental, special, punitive or consequential damages and loss of profits (anticipated or otherwise), opportunities or information) arising from (a) your use of or reliance on information contained on this website; (b) any inaccuracy or omission in such information or failure to keep the information current; (c) use of any third party websites linked or referred to in this website; (d) any delays, inaccuracies or errors in, or in the transmission of, any stock price quotes or historical price data; (e) any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website; and (f) any other matter connected with the website; even if GSilver is made aware of the possibility of such claims, damages or losses, and regardless of any negligence by GSilver or anyone for whom it is responsible.

Further, material contained in or accessible through this website is for information purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy any security. GSilver does not assume any duty of disclosure beyond that which is required by applicable law. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GSilver and should not be used for the purpose of making investment decisions concerning GSilver’s securities.

Scientific and Technical Information

The scientific and technical information in this website been prepared in accordance with the requirements of Canadian securities laws including National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) adopted by the Canadian Securities Administrators, which differ from the requirements of United States securities laws. In particular, the terms “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” in this website are defined in accordance with NI 43-101 under the guidelines set out in the Canadian Institute of Mining, Metallurgy, and Petroleum Definition Standards for Mineral Resources and Mineral Reserves 2014 (“CIM Definition Standards”). The United States Securities and Exchange Commission (the ”SEC”) has recently modernized and amended its mineral property disclosure requirements for issuers whose securities are registered with the SEC under applicable United States securities laws and now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” which are substantially similar to the corresponding CIM Definition Standards. However, U.S. readers are cautioned that while the foregoing terms adopted by the SEC are “substantially similar” to corresponding definitions under CIM Definition Standards, there are differences. As such, there is no assurance any mineral resources that GSilver may report as “measured mineral resources”, “indicated mineral resources” or “inferred mineral resources” under NI 43-101 would be the same had GSilver prepared the resource estimates under the standards adopted by the SEC or that all or any part of the mineral deposits in these categories would ever be converted into a higher category of mineral resources or into mineral reserves. Further GSilver’s decision to process mineral resources and mineralized material at its existing mines is not based on a feasibility study of mineral reserves demonstrating economic and technical viability and therefore is subject to increased uncertainty and risk of failure, both economically and technically. Mineral resources and mineralized material that are not mineral reserves do not have demonstrated economic viability, are considered too speculative geologically to have the economic considerations applied to them, and may be materially affected by environmental, permitting, legal, title, socio-political, marketing, and other relevant issues. There are no assurances that GSilver’s projected production of silver, gold and other metals will be realized. Further, disclosure of “contained ounces” in a mineral resource is permitted disclosure under Canadian securities laws; however, historically the SEC only permits issuers to report mineralization that does not constitute “mineral reserves” as in place tonnage and grade, without reference to unit measures. Accordingly, information concerning mineral deposits set forth in this website may not be comparable with information made public by companies that report in accordance with U.S. securities laws.

Readers should refer to GSilver’s current technical reports and other continuous disclosure documents filed by the Company available on SEDAR+ at for further information the mineral resource estimates of the Company’s projects, which are subject to the qualifications and notes set forth therein, as well as for additional information relating to the Company more generally. Mineral resources which are not mineral reserves, do not have demonstrated economic viability. Inferred mineral resources have insufficient confidence to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability suitable for public disclosure. Neither GSilver nor readers can assume that all or any part of an inferred mineral resource will be upgraded to indicated or measured mineral resources. Most projects at the inferred mineral resource stage do not ever achieve successful commercial production. Each stage of a project is contingent on the positive results of the previous stage and that there is a significant risk that the results may not support or justify moving to the next stage.

This website also includes historical resource estimates for certain of GSilver’s mining projects including Valenciana Mines Complex (“VMC”) and Topia. GSilver is not treating these historical estimates, or any part thereof, as current mineral resources under NI 43-101 as a qualified person on behalf of GSilver has not done sufficient work to classify these estimates as current mineral resources. A thorough review by GSilver’s qualified person of all historic data, the key assumptions, parameters, and methods used to prepare such estimates and additional exploration and validation work to confirm results, estimation procedures, and the standards by which the estimates were completed and/or categorized would be required in order to produce current mineral resource estimates forVMC and Topia. For these reasons, among others, such historical estimates should not be relied upon as a guarantee of mineral resources. Actual mineral resources, if any, may differ significantly. The historical estimates have been included in this website to demonstrate the mineral potential of GSilver’s mining projects and as a guide to future mining and exploration activities.

The scientific and technical information contained in this website relating to GSilver’s mining operations and projects has been prepared or approved by, or under the supervision of, Reynoldo Rivera, Vice-President, Exploration for GSilver and a “qualified person” as defined by NI 43-101, unless otherwise stated.

Further scientific and technical information about the Company’s properties is available in the following technical reports that are filed on SEDAR+ at

  • El Cubo/El Pinguico: The technical report dated June 22, 2023 (effective date December 31, 2022) titled “Preliminary Economic Analysis – El Cubo/El Pinguico Silver Gold Complex Project, State of Guanajuato, Mexico”.
  • San Ignacio: The technical report dated November 2, 2023 (effective date September 21, 2023) titled “Technical Report on the San Ignacio Property, Guanajuato, Mexico”.
  • Valenciana Mines Complex: The technical report dated July 8, 2022 (effective date April 30, 2022) titled “Technical Report on the Valenciana Mine Complex, Guanajuato and Jalisco, Mexico”.
  • Topia: The technical report dated July 4, 2022 (effective date May 6, 2022) titled “Technical Report on the Topia Property, Durango, Mexico”.

Forward-Looking Information

This website contains certain forward-looking information and statements, which relate to future events or GSilver’s future performance, business prospects or opportunities. Forward-looking information includes, but is not limited to, information with respect to commercial mining operations, anticipated mineral recoveries, projected quantities of future mineral production, estimation of mineral resources, interpretation of drill results, anticipated production rates and mine life, operating efficiencies, capital budgets, costs and expenditures, infrastructure improvements, production guidance and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. All statements other than statements of historical fact may be forward-looking information or statements. Statements concerning estimates of measured, indicated or inferred mineral resources or mineralized material may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is mined and reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "outlook" and similar expressions or the negative forms of any of these words and other similar expressions) are not statements of historical fact and may be "forward-looking statements". Such forward-looking statements and information reflect management's current beliefs and expectations and are based on information currently available to and assumptions made by GSilver; which assumptions, while considered reasonable by GSilver, are inherently subject to significant operational, business, economic and regulatory risks, uncertainties and contingencies (many of which are beyond GSilver’s control) that may cause actual results or events to differ materially from those anticipated in such forward-looking information and statements including, but not limited to, market conditions, availability of funds for the Company's projects and to satisfy current liabilities and obligations including debt repayments; capital cost estimates; operating costs, future prices of gold, silver and other metals, currency exchange rate fluctuations, rising inflation and interest rates, actual operating and financial performance of facilities, equipment and processes relative to specifications and expectations, actual resource grades and recoveries of silver, gold and other metals, changes in project parameters as plans continue to be refined, uncertainties involved in interpreting geological data, geotechnical and metallurgical characteristics of rock conforming to sampled results and metallurgical performance; available tonnage of mineralized material to be mined and processed, resource grades and recoveries; assumptions and discount rates being appropriately applied to the 2023 Preliminary Economic Assessment on El Cubo, the ability of the Company to ramp up processing of mineral resources and material at El Cubo and the Company’s other mining projects at the projected rates and source sufficient high grade mineralized material to fill such processing capacity, availability of third party mineralized material for processing, unanticipated geological or structural formations and characteristics. The forgoing list of assumptions is no exhaustive.

Readers are cautioned that such forward-looking statements and information are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results, level of activity, production levels, performance or achievements of GSilver to differ materially from those expected including, but not limited to, market conditions, availability of financing, future prices of gold, silver and other metals, currency rate fluctuations, high inflation and interest rates, actual results of production, exploration and development activities, actual resource grades and recoveries of silver, gold and other metals, availability of third party mineralized material for processing, unanticipated geological or structural formations and characteristics, geopolitical conflicts including wars, environmental risks, operating risks, accidents, labor issues, equipment or personnel delays, delays in obtaining governmental or regulatory approvals and permits, inadequate insurance, and other risks in the mining industry. There are no assurances that GSilver will be able to successfully discover and mine sufficient quantities of high grade mineral resources or other material at El Cubo, VMC, San Ignacio and Topia (including at Topia buying and processing ore from contractors) for processing at its existing mills to increase production, tonnage milled and recovery rates of gold, silver, and other metals in the amounts, grades, recoveries, costs and timetable anticipated. In addition, GSilver’s decision to process mineral resources and other material from El Cubo, VMC, San Ignacio and Topia is not based on a feasibility study of mineral reserves demonstrating economic and technical viability and therefore is subject to increased uncertainty and risk of failure, both economically and technically. Mineral resources and mineralized material that are not mineral reserves do not have demonstrated economic viability, are considered too speculative geologically to have economic considerations applied to them, and may be materially affected by environmental, permitting, legal, title, socio-political, marketing, and other relevant issues. There are no assurances that the Company's projected production of silver, gold and other metals or the 2023 PEA will be realized.  In addition, there are no assurances that the Company will meet its production forecasts or generate the anticipated cash flows from operations to satisfy its scheduled debt payments or other liabilities when due or meet financial covenants to which the Company is subject or to fund its exploration programs and corporate initiatives as planned. There is also uncertainty about the continued spread and severity of COVID-19, the ongoing war in Ukraine and conflict in Gaza and high inflation and interest rates and the impact they will have on the Company's operations, supply chains, ability to access mining projects or procure equipment, supplies, contractors and other personnel on a timely basis or at all and economic activity in general. Accordingly, readers should not place undue reliance on forward-looking statements or information.

While GSilver believes the expectations reflected in such forward looking information and statements are reasonable, such information and statements are neither promises nor guarantees and there are no assurances that these expectations will prove to be correct as actual results may differ materially from those expressed or implied by such forward-looking information and statements. Accordingly, readers should not place undue reliance on forward-looking statements or information. All forward-looking statements and information contained in this website are qualified by these cautionary statements and those in GSilver’s continuous disclosure filings available on SEDAR at GSilver does not intend, and does not assume any obligation, to update such forward-looking information and statements, whether as a result of new information, future events or otherwise, other than as required by applicable law.


The laws of the province of British Columbia and any applicable federal laws of Canada shall govern your use of this website. The courts of the province of British Columbia shall have exclusive jurisdiction over any dispute arising out of your use of this website.


Your privacy is very important to us. In developing its privacy policy (the “Privacy Policy”) for the collection, use and disclosure of personal information, GSilver has sought to balance the right of privacy of an individual with respect to their personal information and GSilver’s need to collect, use or disclose personal information for legitimate business purposes. As a general proposition any personal information that GSilver collects will not be disclosed to third parties (save as may be required to process orders made through GSilver’s online store) and will be used solely for the exclusive use of GSilver.  However, in order to improve the integrity of the information collected, to assist in maintaining security over the information collected or as may be required by law, personal information may need to be disclosed. To view GSilver’s Privacy Policy, please click here.