Tag: Rosario District

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

MotherlodeTV
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, BC, Aug. 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
MotherlodeTV
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.)
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

GR Silver Mining Announces $6 Million Bought Deal Financing

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

GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“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, 22,300,000 units (“Units“) at a price of $0.27 per Unit (the “Issue Price“) for aggregate gross proceeds to the Company of $6,021,000 (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 12 months following closing of the Offering at an exercise price of $0.40 per share. read more

GR Silver Mining Reports Further Drill Results from San Juan at the Plomosas Project: 2.7 m at 1,304 gpt AgEq* and 3.6 m at 675 gpt AgEq*

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Drill Hole Collar Locations– Mineralized Structures (San Juan Area) (CNW Group/GR Silver Mining Ltd.)
Figure 1: Drill Hole Collar Locations– Mineralized Structures (San Juan Area) (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver Mining” or the “Company”) – is pleased to report additional high-grade drill results at its 100% owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. These results are located in the San Juan area, one of six priority areas with a combination of recent (2016 to 2018) and historical drill data being released by the Company (See Drone Image). read more

GR Silver Mining Reports High-Grade Drill Results from Plomosas Project: 3.5 m at 2,930 gpt AgEq*, including 0.7 m at 13,335 gpt AgEq*

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Drill Hole Collar Location and Geology – Mineralized Structures (San Juan area only) (CNW Group/GR Silver Mining Ltd.)
Figure 1: Drill Hole Collar Location and Geology – Mineralized Structures (San Juan area only) (CNW Group/GR Silver Mining Ltd.)

 GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver” or the “Company”) – is pleased to announce high-grade drill results for the San Juan area at Plomosas Silver Project (“Plomosas Project”), in Sinaloa, Mexico. San Juan is one of six priority areas with a combination of recent (2016 to 2018) and historical drilling data. The most significant sample results for this release represent the following: read more

GR Silver Mining Reports High-grade Underground Sampling Results at Plomosas, Including Assays up to 6,128 gpt Ag over 0.2 meters.

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1- Location – Underground Workings – Channel Sampling San Juan Vein (CNW Group/GR Silver Mining Ltd.)
Figure 1- Location – Underground Workings – Channel Sampling San Juan Vein (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver” or the “Company”) – is pleased to announce assay results for initial underground channel sampling from the San Juan underground workings at the recently acquired Plomosas Silver Project (“Plomosas”), in Sinaloa, Mexico. San Juan is one of six priority areas with underground development not yet exploited by previous owners (view photo here). The underground workings at San Juan have recently been rehabilitated by GR Silver to allow for this initial sampling program. The company is currently validating all recent and historical information, including the review of over 500 drill holes in the six priority areas and sampling mineralized zones, aiming to complete multiple resource estimations in 2020. read more

Goldplay enters into LOI to acquire district-scale concession package in the Rosario Mining District, Mexico

MotherlodeTV
V.GPLY, Goldplay Exploration, gold
Figure 1: General View of the La Trinidad Mine and Surroundings (CNW Group/Goldplay Exploration Ltd)
Figure 1: General View of the La Trinidad Mine and Surroundings (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”), is pleased to announce that it has entered into a Letter of Intent (“LOI”) with Mako Mining Corp. (“Mako”), the sole shareholder of Marlin Gold Mining Ltd. (“Marlin”), pursuant to which it was granted the right to acquire 100% of the shares of Marlin (the “Marlin Shares”). Marlin is a private British Columbia company, 100% controlled 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 (Figure 1). Oro Gold also controls 100% of nine concessions (the “Concessions”) totaling 104,094.5 ha located adjacent to Goldplay’s existing portfolio in the historic Rosario gold-silver Mining District, Sinaloa, Mexico (Figure 2). read more

Goldplay Exploration Ltd. Announces $2.5M Brokered Private Placement

MotherlodeTV
V.GPLY, Goldplay Exploration, gold

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) announces that it has engaged Pollitt & Co Inc. (the “Agent“) to sell, by way of a private placement on a “best efforts” basis, up to 12,500,000 common shares of the Company (the “Shares“) at a price of $0.20 per Share (the “Issue Price“) for gross proceeds of up to $2,500,000 (the “Offering“), subject to receipt of all applicable regulatory approvals. read more

Goldplay Announces its 2019 Drilling Program at its San Marcial Project in Sinaloa, Mexico

MotherlodeTV
V.GPLY, Goldplay Exploration, gold
Figure 1 - Location Faisanes and Nava Targets in relation to current San Marcial Resource Area. (CNW Group/Goldplay Exploration Ltd)
Figure 1 – Location Faisanes and Nava Targets in relation to current San Marcial Resource Area. (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce details of its 5,000 metre diamond core drilling program at the San Marcial Project (the “Project”) in the Rosario Mining District, Sinaloa, Mexico. The objective of the 2019 program will be three-fold: to expand the current NI 43-101 silver (“Ag”) resource by drilling the Faisanes target; to define a new gold (“Au”) resource at the Nava target;  and to investigate newly discovered zones along the Faisanes-Nava Corridor (Figure 1). read more