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Stock impact report

Gatos Silver Provides Updated Cerro Los Gatos Mineral Reserve, Mineral Resource, and Life of Mine Plan

Gatos Silver, Inc. (GATO) 
Company Research Source: GlobeNewswire
Mine Life Extended to the End of 2032 with 36% Increase in Total Silver Equivalent ProductionStrong Free Cash Flows Throughout the Updated Life of MineNumerous Opportunities Available for Further Growth, Mine Life Extension and Margin Improvement VANCOUVER, British Columbia, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today reported an updated life of mine plan (the “2024 LOM Plan”) that adds two years of additional reserves and a 36% increase in silver equivalent production compared with the prior LOM plan at the Cerro Los Gatos Mine (“CLG”) in Mexico. Gatos Silver also disclosed an updated mineral reserve estimate (the “2024 Mineral Reserve”) and mineral resource estimate (the “2024 Mineral Resource”) (and together with the 2024 LOM Plan, the “2024 Updates”) with an effective date of July 1, 2024. The Company has a 70% interest in the Los Gatos Joint Venture (“LGJV”), which in turn owns the CLG mine. The Company has a Show less Read more
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