Guanajuato Silver Company Ltd (TSX-V:GSVR, OTCQX:GSVRF) chairman and CEO James Anderson says the company is employing a 'hub and spoke' approach as it grows its asset base in Mexico's Guanajuato mining district, which has an established mining history of precious metals production.
The company's El Cubo mine entered production in record time shortly after it was acquired in 2021. It is also advancing the nearby Pingüico mine to restart.
The recent acquisition of Great Panther's Mexican assets, including two mines in Guanajuato and one in the state of Durango, complement the company's growing portfolio, he added.