GATOS SILVER PROVIDES UPDATE ON MINERAL RESOURCES AND RESERVES AT CERRO LOS GATOS AND 2022 PERFORMANCE GUIDANCE

Denver, CO — January 25, 2022 — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today provided an update on the resource and reserve esmaon process following recent reconciliaon work at its Cerro Los Gatos (“CLG”) mine and provided strong 2022 producon and cost guidance for the CLG operaon.

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