Gatos Silver Announces Restoration of Full Grid Power at Cerro Los Gatos

first_img Facebook Previous articleBrainlab Loop-X Mobile Imaging Robot and Cirq Robotic Alignment Module for Spine Both Receive FDA clearanceNext articleThis Heart Month, Pledge to Help Your Heart with These 3 Fitness Tips Digital AIM Web Support Gatos Silver Announces Restoration of Full Grid Power at Cerro Los Gatos Twitter TAGS  Twitter By Digital AIM Web Support – February 22, 2021 Facebookcenter_img WhatsApp Pinterest WhatsApp Local NewsBusiness Pinterest DENVER–(BUSINESS WIRE)–Feb 22, 2021– Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) is pleased to report that full power from Mexico’s national power grid has been restored at its Cerro Los Gatos (“CLG”) mine site. CLG is currently operating the surface facilities and the full complement of underground mining infrastructure and activities. The CLG process plant will resume operation early this week upon completion of the previously accelerated maintenance activities that commenced during the temporary power restriction in Northern Mexico. Given the expedited restoration of full grid power, the outage has had minimal impact on the Company’s mining and processing activities. About Gatos Silver Gatos Silver is a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico. To-date, 14 zones of mineralization have been defined within the district and all are characterized by silver-zinc-lead epithermal mineralization. More than 85% of the approximately 103,087-hectare mineral rights package has yet to be drilled, representing a highly prospective and underexplored district. The Company recently built and commissioned its first operating mine and mineral processing plant at the Cerro Los Gatos deposit, which is expected to produce 12.2 million silver equivalent ounces annually. Forward-Looking Statements This press release contains statements that constitute “forward looking information” and “forward-looking statements” within the meaning of U.S. and Canadian securities laws. All statements other than statements of historical facts contained in this press release, including statements regarding the expected average annual production are forward-looking statements. Forward-looking statements are based on management’s beliefs and assumptions and on information currently available to management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors described in our filings with the U.S. Securities and Exchange Commission and Canadian securities commissions. Certain forward-looking statements are based on assumptions, qualifications and procedures which are set out only in the technical report entitled “Los Gatos Project, Chihuahua, Mexico,” dated July, 2020 with an effective date of July 1, 2020 (the “Los Gatos Technical Report”) filed with the U.S. Securities and Exchange Commission and Canadian securities commissions. Scientific and technical disclosures in this press release were approved by Philip Pyle, Vice President of Exploration and Chief Geologist of Gatos Silver who is a “Qualified Person,” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. For a complete description of assumptions, qualifications and procedures associated with such information, reference should be made to the full text of the Los Gatos Technical Report. Gatos Silver expressly disclaims any obligation or undertaking to update the forward-looking statements contained in this press release to reflect any change in its expectations or any change in events, conditions, or circumstances on which such statements are based unless required to do so by applicable law. No assurance can be given that such future results will be achieved. Forward-looking statements speak only as of the date of this press release. Availability of Other Information About Gatos Silver Investors and others should note that Gatos Silver communicates with its investors and the public using its company website ( ) as well as other channels, including but not limited to presentations, Securities and Exchange Commission filings, press releases, public conference calls and webcasts. The information Gatos Silver communicates through these channels could be deemed to be material information. As a result, Gatos Silver encourages investors and others interested in Gatos Silver to review the information it disseminates through these channels on a regular basis. The contents of Gatos Silver’s website or other channels, or any other website that may be accessed from its website or these channels, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. View source version on CONTACT: Investors and Media Contact Adam Dubas Chief Administrative Officer [email protected] (303) 784-5350 KEYWORD: MEXICO UNITED STATES CENTRAL AMERICA NORTH AMERICA COLORADO INDUSTRY KEYWORD: MINING/MINERALS NATURAL RESOURCES SOURCE: Gatos Silver Copyright Business Wire 2021. PUB: 02/22/2021 07:00 AM/DISC: 02/22/2021 07:01 AM read more

Prep Sports Roundup: 1/23

first_imgJanuary 23, 2019 /Sports News – Local Prep Sports Roundup: 1/23 FacebookTwitterLinkedInEmailBoys Basketball Region 14 ORDERVILLE, Utah-Acey Orton netted 21 points and the Panguitch Bobcats outlasted Valley 56-52 Wednesday in Region 20 boys basketball action. Orrin Wood’s 18 points in the loss paced the Buffaloes. Non-Region PAROWAN, Utah-Porter Wood netted 26 points as the Parowan Rams humbled North Sevier 58-52 in Region 18 boys basketball action Wednesday. Burke Mickelsen led the Wolves in the loss with 18 points. Region 20 PRICE, Utah-Derek Hillam posted 28 points and 6 rebounds while the Carbon Dinos edged Juab 59-58 Wednesday in Region 14 boys basketball action. Hunter Peterson netted 19 points and 7 rebounds on 7-12 shooting in the loss for the Wildcats. Region 18 Grand 84 San Juan 79 Wrestling CASTLE DALE, Utah-Cade Brazier led the way with 27 points and the Emery Spartans bested South Sevier 64-59 Wednesday in Region 15 boys basketball action. Kaetz King led the Rams in the loss with 24 points. ENTERPRISE, Utah-Mathew Bowler led the way with 20 points and the Enterprise Wolves downed Millard 54-51 Wednesday in Region 18 boys basketball action. Hayes Monroe posted 23 points for the Eagles in defeat. Brad Jamescenter_img Written by TROPIC, Utah-Trayten Tebbs stepped up with 18 points as the Bryce Valley Mustangs hammered Escalante 88-36 in Region 20 boys basketball action Wednesday. Bracken Lyman had 19 points for the Moquis in defeat. KANAB, Utah-Sam Orton amassed 17 points and 18 rebounds and Nathaniel “Hoss” Houston added 18 points as the Kanab Cowboys stymied Gunnison 68-54 in Region 18 boys basketball action Wednesday. Janzen Keisel had 15 points in defeat for the Bulldogs. Delta 78 ALA 61 Non-Region The win improved the Templars to 13-4 on the season and 4-3 in region play while the Wildcats, after winning nine straight, have now lost two in a row to drop to 10-6 on the season and 5-2 in region play. Region 15 The Manti Templars topped Panguitch 45-33 in non-region wrestling action Wednesday. Manti recorded five pins in the dual: McCoy Thomson at 106 pounds, Fidel Sanchez at 120, Jabin Taylor at 132, Damon Mayfield at 160, and Seni Lino Latu at 195. The Bobcats had four pins in the loss: Porter Schoppe at 113 pounds, Ethan Crofts at 145, Hunter Marshall at 170, and Wade Christensen at 220. Tags: Adam Huff/Hunter Peterson/Manti Templars/Region 15/Richfield Wildcats RICHFIELD, Utah-Adam Huff posted 14 points on 6-10 from the field and the Manti Templars bested Richfield 55-48 in Region 15 boys basketball action Wednesday. The top-ranked Millard Eagles dominated North Sevier 56-9 in a non-region matchup Wednesday. Millard had five pins in the match: Mack Bray at 113 pounds, Graydee Warren at 138, John Whitaker at 160, Bridger Fullmer at 182 and Calun Whitaker at 220. The Wolves had just one pin in the loss with Tate Johnson at 195. JUNCTION, Utah-Kelby Jessen posted 21 points and the Piute Thunderbirds pounded Wayne 73-59 in non-region boys basketball action Wednesday. Tom Rees led the Badgers in defeat with 15 points. Delta 30 South Sevier 30last_img read more