Guanajuato Silver Plans Extensive Drilling in 2026

Guanajuato Silver Company Ltd. (GSilver), a Mexico-focused precious metals producer, unveiled its ambitious 2026 drilling program, aiming for a significant expansion of its mineral resources. The initiative encompasses the company's five fully owned underground mines in Mexico, alongside an exploration focus on the Horcon asset.

For 2026, GSilver plans to execute approximately 75,000 meters of drilling, a marked increase compared to previous years. This includes a 731% increase over 2025 figures. The drilling strategy divides into 45,000 meters for exploration, which showcases a staggering 2,021% increase, and 30,000 meters for infill drilling, reflecting a 374% rise.

The 2026 program aims to establish initial mining reserves, enhance resource definitions, and de-risk mine plans for 2026 and 2027. GSilver is in advanced stages of securing necessary permits, expecting completion by mid-2026.