secwatch.observer — SEC 8-K summary
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Issuer:     Gatos Silver, Inc. (—)
CIK:        0001517006
Form:       8-K
Filed at:   2024-04-10T23:59:59+00:00
Accession:  0000950103-24-005120
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517006/000095010324005120/0000950103-24-005120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517006/000095010324005120/dp209689_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-005120

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