Mexican Ministry of Defense Temporarily Suspends Gatos Silver’s Blasting Permit After Incident
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Gatos Silver, Inc. said the temporary suspension of mine operations is a result of a temporary regulatory suspension of the explosive and blasting permit at the Cerro Los Gatos Mine (CLG).
The Mexican Ministry of Defense (SEDENA), who regulates all explosives permits in Mexico, temporarily suspended CLG’s explosive and blasting permit on April 21, 2022, following a blasting incident during underground development activities where two blasts were detonated prematurely. There were no physical injuries as a result of the incident, and no significant damage to equipment or infrastructure. Gatos Silver considers the safety of its employees of critical importance, and a thorough investigation of CLG’s blasting procedures is being conducted.
The processing plant has continued to operate normally since April 21, 2022, and will shut down on April 28, 2022 for scheduled maintenance activities. Non-production related activities in the mine are continuing normally. In conjunction with completing the incident investigation this week, the company expects the reinstatement of CLG’s explosives and blasting permit soon, together with the resumption of normal mine operations and processing activities next week.
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. As a 70 percent owner of the LGJV, the company is primarily focused on operating the mine and mineral processing plant at the LGJV’s CLG deposit which started producing in 2019. More than 85 percent of the approximately 103,087-hectare mineral rights package has yet to be drilled, representing a highly prospective and under-explored district with numerous silver-zinc-lead epithermal mineralized zones identified as priority targets.
To stop by Gatos Silver’s website, CLICK HERE
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