Gatos Silver, Inc. announced production results for the fourth quarter and year ended December 31, 2023. For the quarter, the company reported Tonnes milled of 277,318 dmt compared to 261,929 dmt a year ago. Tonnes milled per day was 3,014 dmt compared to 2,847 dmt a year ago. Production of silver was 2.56 million ounces compared to 2.92 million ounces a year ago. Production of Zinc pounds - in zinc conc. was 14.6 million compared to 13.5 million a year ago. Production of Lead pounds - in lead conc. was 10.2 million compared to 9.7 million a year ago. Production of Gold ounces - in lead conc. was 1,390 compared to 1,360 a year ago.

For the year, the company reported Tonnes milled of 1,071,400 dmt compared to 971,595 dmt a year ago. Tonnes milled per day was 2,935 dmt compared to 2,662 dmt a year ago. Production of silver was 9.21 million ounces compared to 10.32 million ounces a year ago. Production of Zinc pounds - in zinc conc. was 57.3 million compared to 60.7 million a year ago. Production of Lead pounds - in lead conc. was 38.9 million compared to 43.9 million a year ago. Production of Gold ounces - in lead conc. was 5,260 compared to 5,350 a year ago.