GR Silver Mining Announces $8 Million Bought Deal Financing

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – announces that it has entered into an agreement with Beacon Securities Limited (the “Lead Underwriter“), as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “Underwriters“), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement basis, 13,600,000 units (“Units“) at a price of $0.59 per Unit (the “Issue Price“) for aggregate gross proceeds to the Company of $8,024,000 (the “Offering“).  Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant“).  Each Warrant will be exercisable to acquire one common share for a period of 24 months following closing of the Offering at an exercise price of $0.74 per share. read more

GR Silver Completes Acquisition of 100% of Marlin Gold, Including its Past-Producing La Trinidad Mine and Extensive Concession Portfolio in the Rosario Mining District

Figure 1 Location of Acquired Oro Gold Concessions (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – Further to its news release of February 1, 2021 the Company is pleased to announce it has now completed the acquisition of 100% of Marlin Gold Mining Ltd. (“Marlin”) from Mako Mining Corp. (“Mako“). Marlin owns 100% of Oro Gold de Mexico, S.A. de C.V. (“Oro Gold“), a Mexican company, that owns the past-producer La Trinidad open pit Au mine (“La Trinidad“), that ceased operating in 2019, and 12 highly prospective concessions totalling 107,392.5 ha located adjacent to GR Silver’s existing portfolio of properties. This gives the Company control of 75 km of prospective trend with known mineralization including three zones and over 24 shallow gold-silver old workings, which are all strategically located on the western edge of the prolific Sierra Madre Occidental gold-silver belt in Sinaloa, Mexico (Figure 1). read more

GR Silver Mining Drills High-Grade Near Surface Mineralization in the San Juan Area at Plomosas:

Figure 1: Location Map – San Juan Area Drilling Locations (CNW Group/GR Silver Mining Ltd.)

5.7 m @ 611 g/t Ag, 0.5 % Pb and 1.7 % Zn (685 g/t AgEq1), including
1.7 m @ 1,762 g/t Ag, 1.3 % Pb and 4.9 % Zn (1,967 g/t AgEq), and including
0.7 m @ 3,755 g/t Ag, 2.5 % Pb and 9.7 % Zn (4,145 g/t AgEq) read more

GR Silver Mining Signs Definitive Binding Agreement with Mako to Acquire Marlin Gold Mining Ltd.

V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1 – Location Map – GR Silver Mining Ltd. Portfolio and Potential Acquisition (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR  Silver” or the “Company”) announces that further to its news releases dated December 17, 2019 and December 29, 2020, the Company and Mako Mining Corp. (“Mako” “MakoMiningCorp“) have now signed a definitive binding Share Purchase Agreement (the “Agreement“) pursuant to which the Company will acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. (“Marlin“) from Mako.  Marlin is a private British Columbia company, 100% owned by Mako. Marlin owns, amongst other assets, Oro Gold de Mexico, S.A. de C.V. (“Oro Gold“), a Mexican company that owns the La Trinidad mine facilities (“La Trinidad“), currently being decommissioned. Oro Gold also controls 100% of nine concessions totaling 104,094.5 ha (the “Properties“) located adjacent to GR Silver’s existing portfolio of properties, hosting a number of known silver gold showings, and porphyry igneous intrusions that are of strong exploration interest to the Company for future drilling. (Figure 1). read more

GR Silver Mining Reports Wide and High-Grade Zones from New Underground Drilling in the Plomosas Mine Area:

V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Location Map – 3D Image of the Plomosas Mine Area Underground Drilling Location (CNW Group/GR Silver Mining Ltd.)
  • 83 m @ 420 g/t AgEq1, including
  • 11 m @ 1,596 g/t AgEq, and
  • 4 m @ 1,319 g/t AgEq

GR Silver Mining Ltd(TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report wide and high-grade drill results from the Company’s underground core drilling program in the Plomosas Mine Area, as well as validation sampling results from historic drilling, at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

GR Silver Mining Discovers New Gold and Silver Mineralization in the Footwall of the San Marcial Silver Resource, Providing Support for Future Resource Expansion

V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: San Marcial – Gold and Silver Exploration Results in Lower Acid Volcanic Zone (CNW Group/GR Silver Mining Ltd.)
  • 3.8 m @ 2,184 g/t Ag, 0.8 % Pb and 2.9 % Zn
  • 2.7 m @ 1.48 g/t Au, including 0.6 m @ 5.87 g/t Au
  • 2.5 m @ 1.43 g/t Au, including 1.0 m @ 3.34 g/t Au
  • 0.9 m @ 1,452 g/t Ag, 1.5 % Pb and 9.0 % Zn

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce new high grade silver and gold mineralization located in the footwall adjacent to the NI 43-101 resource at the San Marcial Silver Project (“San Marcial Project”) in Sinaloa, Mexico. These positive results support the potential for future expansion of the resource. read more

GR Silver Mining AGM Update

V.GRSL, GR Silver Mining, silver, gold, Mexico

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) –  will hold its annual general  meeting (the “Meeting“) of shareholders of the Company (“Shareholders“) on September 11, 2020 at 10:00 a.m. (PST). Electronic copies of all materials related to the Meeting can be found on the Company’s profile on the System for Electronic Document Analysis and Retrieval (“SEDAR”). read more

GR Silver Mining Reports Near Surface Silver and Gold Mineralization in Drill Results from the Plomosas Mine Area, Plomosas Silver Project

V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Drone Image of the Plomosas Mine Area (looking to the NW) – Drill Hole Location Map (CNW Group/GR Silver Mining Ltd.)
  • 716 gpt AgEq1 over 6.8 m (191 gpt Ag, 1.9 gpt Au, 7.1% Pb and 3.4% Zn)
  • 1,687 gpt AgEq over 0.4m (1,559 gpt Ag, 0.5 gpt Au, 1.4% Pb and 1.1% Zn)
  • 12.6m at 1.7 gpt Au, 17 gpt Ag and 0.7% Zn

VANCOUVER, BCAug. 11, 2020 /CNW/ – GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report drill results from the Plomosas Mine Area at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

GR Silver Mining Reports High-Grade Silver-Gold Drill Results at Plomosas

11.0 m at 1,235 gpt Ag, including 2.3 m at 2,600 gpt Ag and 1.7 m at 4,209 gpt Ag
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Drone Image of the Plomosas Mine Area (looking to the NW) (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL), (FRANKFURT: GPE), (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce drill results at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. These results are located in the Plomosas Mine Area, one of six priority areas with a combination of recent (2016 to 2018) and historical drill data being released by the Company. read more