Gatos Silver, Inc. (GATO) has released an update.
Gatos Silver, Inc. has reported robust Q1 2024 production results from its Cerro Los Gatos mine, achieving the upper range of its forecast with a record 11% increase in mill throughput compared to Q1 2023. The company is on track with its mine productivity improvements and is actively exploring life extension opportunities for post-2030 operations, with updates expected in Q3 2024. Despite lower grades of silver, lead, and gold, the increased throughput compensated to maintain high silver equivalent production.
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