February 23, 2023 – Vancouver, British Columbia – Guanajuato Silver Company Ltd. (the “Company” or “GSilver”) (TSXV:GSVR)(AQUIS:GSVR)(OTCQX:GSVRF) is pleased to provide drill results from the Company’s wholly owned San Ignacio mine (“San Ignacio”) in Guanajuato, Mexico.