Gatos Silver Q1 production results: mill throughput record 3,210 tpd, silver equivalent at top end of guidance

Gatos Silver, Inc.

Mill throughput averaged 3,210 tpd (11% YoY increase) and set fifth consecutive quarterly record; March reached 3,360 tpd.
Silver equivalent production of 3.70M oz for Q1 2024, tracking to top end of full-year guidance of 13.5-15.0M oz.
Silver production was 2.37M oz (2% lower YoY); zinc, lead and gold production increased 13%, 7% and 1% respectively.
Feed grades: silver 284 g/t, zinc 3.99%, lead 1.77%, gold 0.28 g/t; recoveries ranged from 52% to 89%.
Updated life-of-mine plan expected in Q3 2024; medium-term target to sustain 3,500 tpd throughput.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.75

Gatos Silver, Inc. reported financial results for the quarter ended March 31, 2024.

Period: the quarter ended March 31, 2024
Result: reported results

Exact text from the filing

Gatos Silver, Inc. issued a press release announcing production results at the Cerro Los Gatos Mine for the quarter ended March 31, 2024

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Source: SEC EDGAR

accession 0000950103-24-005120

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