Guanajuato Silver Announces Q1 2022 Financial and Operating Results

May 27, 2022 – Vancouver, British Columbia – Guanajuato Silver Company Ltd. (the “Company” or
“GSilver”) (TSXV:GSVR)(OTCQX:GSVRF) is pleased to announce its financial and operating results for the three months ended March 31, 2022. All dollar amounts are in US dollars (US$). Production results are from the Company’s wholly owned El Cubo Mine Complex (“El Cubo”) and El Pinguico (“El Pinguico”) project in Guanajuato, Mexico.

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