GR Silver Mining: Consolidating Mexico’s Rosario Mining District

First Majestic, GR Silver Mining, Mexico, silver, T.FR, V.GRSL

We’ve written before that GR Silver Mining Ltd. (“GR Silver Mining”) (formerly Goldplay Exploration Ltd.) (TSX-V: GRSL) CEO, Marcio Fonseca, is both a geologist and a former investment banker. It is a formidable combination and was front and centre in the company’s January 7, 2020 press release announcing a letter of intent in which GR Silver Mining would acquire a First Majestic Silver subsidiary which owns the past-producing Plomosas Silver Project. This project is located 5km from GR Mining’s San Marcial Silver-Gold Project in the historic Rosario Mining District in Sinaloa, Mexico. read more

Eloro: Gold in Peru, Polymetallic Prospect in Bolivia

Eloro (V.ELO) CEO Tom Larsen would have every right to be frustrated with South America. The company’s extremely promising La Victoria Gold/Silver Project in north central Peru has had to deal with 100 year rains and then community politics 3000 meters up in the Andes. Even with widespread community support, until a new President was elected in the community and a community vote to approve the surface rights was held, Eloro could not proceed with exploration. After being sidetracked for more than a year a new President was finally elected in early December. read more