GR Silver Mining Extends SE Area Silver Discovery with New Wide Intersection of 123.1 m at 112 g/t Ag, including 13.1 m at 289 g/t Ag and 0.4 m at 4,680 g/t Ag

V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Location of 2022 Drill Holes – Southeast Area and San Marcial Resource Area (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce successful follow up drilling lateral to the new high-grade Southeast Area (“SE Area”) silver (Ag) discovery, at the Company’s wholly-owned Plomosas Project, in Sinaloa, Mexico. Surface drill hole SMS22-16 intersected mineralization similar to the previously announced SMS22-10 discovery in the SE Area, on a 90 m step out drilling program, where multiple high-grade intervals are hosted in a wide zone with a predominance of Ag-rich hydrothermal breccias and stockworks, to the SE of the San Marcial Resource Area. read more

GR Silver Mining Announces Infill Drilling Results at Plomosas Mine Area – 5.7 m at 514 g/t Ag, including 1.0 m at 1,634 g/t Ag

GR Silver Mining Reports on 2022 Annual General & Special Meeting Results
Figure 1: Location of Selected 2022 Infill Drill Holes – Plomosas Mine Area Upper Levels, Longitudinal Section (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) ( TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce infill drilling results that make up part of the resource update program in progress at the Plomosas Mine Area, Plomosas Project in Sinaloa, Mexico. These drill holes were targeted by the Company to replace historical holes used in the 2021 NI 43-101 mineral resource estimate, where zero values were assigned, or to test new near-surface and underground high-grade Ag-Au mineralized zones, identified in the recent underground sampling/mapping program. The infill drilling program is continuing in the Plomosas Mine Area through the latter part of 2022, in anticipation of an updated resource estimate in Q1|2023. read more

GR Silver Mining Confirms Down Dip and Lateral Continuity of SE Area High-Grade Ag Discovery

V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Location of 2022 Drill Holes – Southeast Area and San Marcial Resource Area (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) ( TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce that follow up down dip and lateral drilling has successfully intersected extensions to the new high-grade Southeast (“SE”) Area silver (Ag) discovery as a potential expansion of the San Marcial Resource Area, at the wholly-owned Plomosas Project in Sinaloa, Mexico. Surface drill holes SMS22-11 and SMS22-12 both intersected mineralization similar to the previously announced discovery in the SE Area, with multiple intervals grading over 1,000 g/t Ag, hosted in a wide zone with a predominant presence of Ag-rich hydrothermal breccia and stockwork systems. Drill hole SMS22-12 was drilled beneath the discovery hole – SMS22-10, which intersected 101.6 m at 308 g/t Ag (see News Release dated August 8, 2022) – confirming a 90 m depth extension of the Ag-rich zone, while SMS22-11 was drilled along the expected strike, 85 m to the SE of the discovery hole (Figure 1), confirming the lateral continuity in that direction. read more

GR Silver Mining Announces $5 Million Best Efforts Private Placement of Units

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company“) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce that it has entered into an agreement with Beacon Securities Limited (“Beacon“), on behalf of a syndicate of agents (collectively, the “Agents“), in connection with a “best efforts” private placement of up to 33,334,000 units of the Company (the “Units“) at a price of $0.15 per Unit (the “Issue Price“) for aggregate gross proceeds to the Company of up to $5,000,100 (the “Offering“). Each Unit shall consist of one common share in the capital of the Company (a “Common Share“) 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 36 months following the closing of the Offering at an exercise price of $0.22 per Common Share. read more

GR Silver Mining Announces Discovery of Wide, High-Grade Silver Zone – 101.6 m at 308 g/t Ag, Including Multiple Intervals >1,000 g/t Ag

Figure 1: Location of 2022 Drill Holes – Southeast Area and San Marcial Resource Area (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce a new silver (Ag) discovery in the first drill hole stepping out 250 m to the southeast of the San Marcial Resource Area on the wholly-owned Plomosas Project in Sinaloa, Mexico. Surface drill hole SMS22-10 intersected 101.6 m at 308 g/t Ag (from 98.5 m down hole), including multiple intervals grading over 1,000 g/t Ag. The hole was drilled 250 m to the SE of the San Marcial Resource Area, where the Company has been exploring the extension of the target contact between upper and lower volcanic units, which typically hosts the San Marcial Breccia Ag mineralization, together with strong ground magnetic anomalies delineated in 2021. The drilling to date in the new area has identified a more extensive breccia and stockwork mineralization, rich in Ag, immediately below the contact zone and extending mineralization far below the original target zone. This new, wide, high-grade silver discovery coincides with an inflexion in the NW-SE trending contact where it intersects with two key NE-SW trending faults (Figure 1). This defines a highly prospective target for continued drilling, both along strike and down dip. read more

GR Silver Mining Releases High-grade Silver Results from San Marcial Resource Expansion Drilling Program – 15.4 m at 547 g/t Ag, including 2.0 m at 1,179 g/t Ag

Figure 1: San Marcial Longitudinal Section – Drilled Pierce Points with Grade x Thickness (CNW Group/GR Silver Mining Ltd.)

 GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces first assay results from the 2022 resource expansion drill program at the San Marcial Area in Sinaloa, Mexico. The high-grade silver (“Ag”) results demonstrate the potential for resource expansion both near-surface and at depth at the San Marcial Area. The 23 released drill holes targeted delineation of near-surface high-grade zones, as well as the lateral continuation of mineralization along the prospective contact between the upper andesitic “block and ash” unit and lower volcano-sedimentary units. This contact commonly hosts the San Marcial Area Ag mineralization (Figure 1). Results from the remaining drill hole of the 2021 program, which targeted NW strike extensions of the mineralized hydrothermal breccia, are also reported in this news release. read more

GR Silver Announces Receipt of Final Prospectus and Automatic Exercise of Special Warrants into Units

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) is pleased to report that it has filed its final short form prospectus dated May 30, 2022 (the “Prospectus“) and obtained a receipt (the “Final Receipt“) with the securities regulatory authorities in the Provinces of British ColumbiaAlbertaManitoba and Ontario.  The Prospectus qualifies the distribution of an aggregate of 27,236,755 units of the Company (each a “Unit“), which are issuable for no additional consideration upon the deemed exercise of 27,236,755 special warrants (each a “Special Warrant“) which were sold pursuant to a brokered private placement offering (the “Offering“) completed by the Company on March 29, 2022 (the “Closing Date“). The Special Warrants were sold at a price of $0.27 per Special Warrant for aggregate gross proceeds of $7,353,923.85.  The Offering was conducted by Beacon Securities Limited and Red Cloud Securities Inc., as co-lead agents, and Echelon Wealth Partners Inc. (collectively, the “Agents“). read more

GR Silver Continues to Deliver Wide, High-grade Drill Results at Plomosas: 6.5 m at 1,458 g/t Ag Including 0.9 m at 3,118 g/t Ag in PLIP22-013

Figure 1: Longitudinal Section Plomosas Mine Infill Drilling Results – Ag Block Model (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces high-grade silver (Ag) results from underground infill drilling at the Plomosas Project in Sinaloa State, Mexico. The results continue to support the potential to increase Ag grades in the Plomosas Mine Area resource. The drilling targeted high grade Ag mineralization in the upper levels of the underground workings, in areas where unsampled intervals from historical drill holes within the 2021 resource block model were previously assigned zero values. read more

GR Silver’s Surface Infill Drilling Delivers Wide, High-grade Results at Plomosas: 24.2 m at 1,094 g/t Ag, including 0.6 m at 7,178 g/t Ag in PLS22-005A

Figure 1: Longitudinal Section Plomosas Mine Surface Infill Drilling Results – Ag Block Model (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces wide and high-grade silver (Ag) results from its surface infill drilling program at the Plomosas Project in Sinaloa State, Mexico. These Ag-rich drilling results are part of the Phase I surface infill drilling program initiated in December 2021 at the Plomosas Mine Area, targeting intervals on the upper levels of the historical Plomosas underground mine where unsampled intervals of historical drill holes within the mineralized zone were assigned zero values, and hence affected the grade of model blocks, in the 2021 NI 43-101 mineral resource estimation. read more

GR Silver Mining Underground Drilling at San Marcial Continues to Deliver Wide and High-grade Silver Intercepts, Confirming Potential for Resource Expansion

Figure 1: Longitudinal section displaying “Ag Grade x Thickness” contours of the San Marcial NI 43-101 resource model and new extensions to the mineralized body, down dip and along strike (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to confirm the extension of wide high-grade silver (Ag) mineralization from underground drilling in the San Marcial Area, at the Plomosas Project, Sinaloa, Mexico. These assay results are from three underground drill holes completed in 2021 and reinforce the widening of the mineral body at depth and along strike, supporting potential resource expansion. The successful eight-hole underground drill program confirmed a significant expansion of high-grade Ag mineralization approximately 300 m down dip below the lower limit of the pit-constrained San Marcial NI 43-101 (2019) mineral resource. High-grade drill hole SMI21-07 indicates extension of the Ag mineralization by almost 100 m down dip below previously released drill hole SMI21-04 (Figures 1 and 2) (see News Release dated January 31, 2022). read more