Gatos Silver Provides Updated Cerro Los Gatos Mineral Reserve, Mineral Resource, and Life of Mine Plan [Financial Post (Toronto, Ontario, Canada)]
Gatos Silver, Inc. (GATO)
Company Research
Source: Financial Post
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 agreed to be acquired by First Majestic Silver Corp. (“First Majestic”) subject to certain conditions, including approvals of the shareholders of Gatos Silver and First Majestic. All dollar amounts are expressed in, and references to “$” refer to,
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GATO
News
- Gatos Silver, Inc. (NYSE: GATO) had its price target raised by analysts at CIBC from $15.00 to $17.50. They now have an "outperformer" rating on the stock.MarketBeat
- Gatos Silver Provides Updated Cerro Los Gatos Mineral Reserve, Mineral Resource, and Life of Mine PlanGlobeNewswire
- SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Gatos Silver, Inc. - GATOPR Newswire
- Gatos Silver, Inc. (NYSE: GATO) had its price target raised by analysts at Royal Bank of Canada from $11.00 to $13.00. They now have a "sector perform" rating on the stock.MarketBeat
- BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Iteris, Inc. (Nasdaq - ITI), Forza X1, Inc. (Nasdaq - FRZA), Titan Pharmaceuticals, Inc. (Nasdaq - TTNP), Gatos Silver, Inc. (NYSE - GATO)GlobeNewswire
GATO
Sec Filings
- 9/25/24 - Form 8-K
- 9/17/24 - Form 425
- 9/17/24 - Form 425
- GATO's page on the SEC website