Guanajuato Silver Co Ltd - Mexico-focused precious metals explorer and producer - Says in the second quarter of 2023, it produced 941,338 silver-equivalent ounces, up slightly from 938,047 in the first quarter. Gold production rose by 6.9% to 4,719 ounces from 4,413 ounces. Adds that the underground hydraulic fill tailings system at the Valencia mines complex has been realised successfully. Also notes that the Cata Shaft at VMC is now fully integrated into its mining operations, with over 5,000 tonnes of mineralised material hoisted to surface through the shaft in the month of June.

Chair & Chief Executive Officer James Anderson says: "We are proud to announce our sixth consecutive quarter of increased precious metals production; we expect this trend to continue as we head into the second half of the year."

Current stock price: 24.00 pence

By Sabrina Penty; Alliance News reporter

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