Guanajuato Silver Acquires Bolanitos (Mina Bolañitos) from Endeavour Silver
January 15, 2026
Guanajuato Silver Company Ltd. has closed the acquisition of the Bolanitos (Bolañitos) gold-silver mine and related assets (Mina Bolañitos S.A. de C.V.) from Endeavour Silver Corp. The transaction is valued at up to US$50 million (US$40 million upfront — US$30 million cash and US$10 million in shares — plus US$10 million in contingent payments tied to production milestones) and adds a 1,600 tpd flotation plant adjacent to Guanajuato Silver's San Ignacio operation, supporting district-level processing integration and near-term production growth.
- Buyers
- Guanajuato Silver Company Ltd.
- Targets
- Mina Bolañitos S.A. de C.V. (Bolanitos Mine)
- Sellers
- Endeavour Silver Corp.
- Industry
- Industrial Services
- Location
- Guanajuato, Mexico
- Transaction Type
- Buyout
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