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 Wide, High-Grade Silver Mineralization in the Plomosas Mine Area

21.0 m @ 377 g/t Ag, 0.23 g/t Au, 0.7 % Pb and 1.5 % Zn (466 g/t AgEq1) Including:7.0 m @ 633 g/t Ag, 0.20 g/t Au, 0.9 % Pb and 1.5 % Zn (726 g/t AgEq)
Figure 1: Location Map – Longitudinal Section Plomosas Mine Area (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 report results from the Company’s current core drilling program, demonstrating wide intercepts of silver mineralization from underground drilling in the Plomosas Mine Area at the Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. 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 Reports Drilling Results in the San Juan Area:

Figure 1: Location Map – San Juan Area Drilling Locations (CNW Group/GR Silver Mining Ltd.)
  • 2.5 m @ 2,195 g/t Ag, 1.12 g/t Au (2,316 g/t AgEq1)
    including 0.85 m @ 5,600 g/t Ag, 1.04 g/t Au (5,709 g/t AgEq)
  • 3.4 m @ 578 g/t Ag, 0.20 g/t Au, 0.5 % Pb, 1.3 % Zn (655 g/t AgEq)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report results from the current drilling program in the San Juan Area, as well as new sampling results from historic drilling, also at San Juan, within the 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

GR Silver Mining Reports Underground and Surface Drilling Results in the Plomosas Mine Area

Figure 1: Location Map – 3D Image of the Plomosas Mine Area Drilling Location (CNW Group/GR Silver Mining Ltd.)
  • 8.6 m @ 6.50g/t Au, 79 g/t Ag, 0.7 % Pb, 5.8 % Zn (928 g/t AgEq1)
  • 5.4 m @ 9.06 g/t Au, 76 g/t Ag, 1.5 % Pb, 4.6 % Zn (1,181 g/t AgEq)
  • 0.7 m @ 19.95 g/t Au, 227 g/t Ag, 1.3 % Pb, 4.7 % Zn and 1.0 % Cu (2,507 g/t AgEq)
  • 61.1 m @ 0.4 g/t Au, 30 g/t Ag, 0.9 % Pb, 1.1 % Zn and 0.2 % Cu (144 g/t AgEq)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report drill results from the underground and surface drilling program in the Plomosas Mine Area, as well as sampling results from historic drilling, at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. 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 Announces a Significant Underground Discovery of Polymetallic Mineralization at the Plomosas Silver Project

V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Plomosas Mine – Level 775 RL Room and Pillar Stopes -View (CNW Group/GR Silver Mining Ltd.)
  • 5.4 m @ 1,313 g/t AgEq1
    including 1.0 m @ 4,204 g/t AgEq and 2.4 m @ 1,103 g/t AgEq
  • 15.7 m @ 416 g/t AgEq
  • 7.8 m @ 631 g/t AgEq

VANCOUVER, BCSept. 28, 2020 /CNW/ – GR Silver Mining Ltd. (TSXV: GRSL), (FRANKFURT: GPE), (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce that wide, high-grade polymetallic (Au-Cu-Ag-Pb-Zn), disseminated and massive sulphide-rich mineralization has been discovered during initial underground channel sampling on the lower level of the Plomosas Mine (Figure 1), at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

GR Silver Mining Reports AGM Results and Election of New Directors

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

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) –  reports the results of its annual general meeting of shareholders held on September 11, 2020 in Vancouver, British Columbia.  All the motions presented to the shareholders were approved.  Each of the six nominees proposed as Directors and listed in the Company’s Management Information Circular dated August 7, 2020 were elected as Directors. read more