FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Yuhasz Chad William
2. Date of Event Requiring Statement (Month/Day/Year)
04/15/2024
3. Issuer Name and Ticker or Trading Symbol
Gatos Silver, Inc. [GATO]
(Last)
(First)
(Middle)
C/O GATOS SILVER, INC., 925 WEST GEORGIA STREET, SUITE 910
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP Expl. and & Tech. Services
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)

VANCOUVER, A1 V6C 3L2
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 27,500 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   (2) 04/15/2034 Common Stock 55,000 $ 9.8 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Yuhasz Chad William
C/O GATOS SILVER, INC.
925 WEST GEORGIA STREET, SUITE 910
VANCOUVER, A1 V6C 3L2
      VP Expl. and & Tech. Services  

Signatures

/s/ Stephen Bodley as Attorney-in-fact for Chad Yuhasz 04/24/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) (1) Consists entirely of restricted stock units ("RSUs") which vest on December 31, 2026.
(2) (2) These options were granted on April 15, 2024 and vest in three equal annual installments on each of April 15, 2025, April 15, 2026 and April 15, 2027
 
Remarks:
Exhibit List - Exhibit 24.1 - Power of Attorney

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