GR Silver Mining Intersects 10,777 g/t AgEq Over 0.65 m at the La Colorada Vein, in the San Juan Area

Figure 1: San Juan Area: La Colorada, Yecora and San Juan Veins in a Large Epithermal System. (Drone image) (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) (“GR Silver Mining” or the “Company”) – is pleased to report drill results representing intersections of high-grade Ag-Au epithermal veining at the La Colorada and San Juan Veins at the Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

GR Silver Mining Reports Near Surface High-Grade Silver Drill Results and Gold Discoveries in the Plomosas Mine Area

Figure 1: Plomosas Mine Area: Large Epithermal System with New Discoveries (Drone image) (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 near surface drill results delineating continuity of high-grade, narrow silver-gold (Ag-Au) rich epithermal mineralization in the southern limit of the Plomosas Mine. The Plomosas Mine Area is currently undergoing resource estimation and these results will be incorporated in the database allowing expansion of the 3D-model beyond previously modelled zones. The drill results demonstrate intersections of polymetallic-style veins that are common in the Plomosas Mine Area, as well as some new veins hosting only precious metal (Ag-Au) mineralization. The combination of mineralization styles reinforces the large, multi-phase hydrothermal system that the Company has identified in the Plomosas Mine Area (Figure 1) at the Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

GR Silver Mining Closes Acquisition of 100% of San Marcial Silver Project

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the ” Company”) – is pleased to announce that it has made the final option payment of CDN$2.5 M and issued 1,500,000 common shares to SSR Mining Ltd., as required under the San Marcial option agreement dated April 17, 2018 (refer to News Release dated May 7, 2018). SSR Mining’s subsidiary, Silver Standard México, S.A. de C.V., has also been granted a 0.75% net smelter returns royalty (“NSR”). The Company has a buy-back right on the NSR that can be exercised at any time by payment of CDN$1.25 M. As required by applicable securities law and the policies of the TSX Venture Exchange, the shares will be subject to a hold period expiring September 6, 2021. read more

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