on Guanajuato Silver Company Ltd. (NASDAQ:GSVRF)
Guanajuato Silver Enhances Mining Fleet for Improved Efficiency
Guanajuato Silver Company Ltd. has announced significant upgrades to its mining fleet at the El Cubo and Valenciana Mines Complex in Mexico. The company, listed on TSXV and OTCQX, has acquired six vehicles from China-based Tuoxing Heavy Machinery, including three low profile trucks and scooptrams. These additions aim to boost operational efficiency and production stability.
Chairman and CEO James Anderson highlighted the importance of these upgrades, stating that the new vehicles will enhance fleet availability and ultimately impact production output. Further enhancing the fleet, the company has also ordered Torino trucks from central Mexico, to be deployed mainly at VMC and El Cubo.
The focus remains on optimizing fleet utilization to ensure long-term success at their mining sites. Guanajuato Silver's strategic investments showcase their commitment to improving their mining capabilities.
R. E.
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