Tag: San Marcial silver project

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

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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 Commences Drilling at the Plomosas Project in Mexico and Provides a Corporate Update

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V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Location of Drilling Areas at the Plomosas and San Marcial Projects (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 that it has started a surface drilling program at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. The Company has mobilized three drill rigs, with one rig already on site. read more

GR Silver Mining Completes $9,153,000 Bought Deal Financing

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

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce that it has completed its previously announced bought deal private placement (the “Offering“) of an aggregate of 33,900,000 units of the Company (the “Units“) at a price of $0.27 per Unit (the “Issue Price“) for gross proceeds of $9,153,000, which included the exercise of the underwriters’ option in full. Each Unit consists 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 is exercisable to acquire one common share of the Company at an exercise price of $0.40 per share for a period of 12 months from the closing date of the Offering. read more

GR Silver Mining Provides an Update on Gold and Silver Exploration Results at the San Marcial Project

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V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: San Marcial Tunnel – (a) Mapping/sampling and (b) Underground Development (CNW Group/GR Silver Mining Ltd.)
Figure 1: San Marcial Tunnel – (a) Mapping/sampling and (b) Underground Development (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 announce that ongoing exploration continues to confirm substantial gold and silver potential at the San Marcial Project (“San Marcial”) in Sinaloa, Mexico. read more

Goldplay Reports Results from First Drill Program at Nava Target, Including >1,000 g/t Ag

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V.GPLY, Goldplay Exploration, gold
Figure 1: The Nava Gold Target (CNW Group/Goldplay Exploration Ltd)
Figure 1: The Nava Gold Target (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce its maiden drilling results at the Nava Gold Target (“Nava”) within the Company’s San Marcial Project (“San Marcial”), Sinaloa, Mexico. The drill program tested the new epithermal-style vein system encountered in the Company’s 2019 surface exploration near the west end of the 1.5 km long San Marcial mineralized corridor (Figure 1). Four diamond drill holes were completed, two in each of the main vein prospects exposed by artisanal workings (Figure 2). Assay results from the Nava diamond drill program are shown in Table 1. read more

Goldplay Exploration Ltd. Announces $2.5M Brokered Private Placement

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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 Channel Sampling Program Reports High-Grade Silver Results at San Marcial Project Including 0.6 m @ 587 g/t Ag

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V.GPLY, Goldplay Exploration, gold
Figure 1: San Marcial Project – Location of High-Grade Au + Ag at Faisanes Target (CNW Group/Goldplay Exploration Ltd)
Figure 1: San Marcial Project – Location of High-Grade Au + Ag at Faisanes Target (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that encouraging results in both silver (Ag) and gold (Au) have been received from the San Marcial Project, in Sinaloa State, Mexico. read more

Goldplay Exploration Ltd. Issues Shares for Services

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V.GPLY, Goldplay Exploration, gold

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company“) announces that it will make its first issuance of shares to a contractor it engaged under the shares for services drilling contract previously announced on May 16, 2019.  Under this issuance, the Company will issue 824,376 common shares at a deemed price of $0.20/share for services valued at $164,875.24.  These shares are subject to a hold period expiring January 21, 2020, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. read more

High Grade Silver Results, Including 6 Metres at 232 g/t Ag, Enhance San Marcial Project

MotherlodeTV
V.GPLY, Goldplay Exploration, gold
Figure 1: San Marcial Project – Location of T-002 Tunnel at Faisanes Target (CNW Group/Goldplay Exploration Ltd)
Figure 1: San Marcial Project – Location of T-002 Tunnel at Faisanes Target (CNW Group/Goldplay Exploration Ltd)

 Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that additional high-grade silver (Ag) has been encountered in a re-opened old adit, or tunnel, at the Faisanes target (Figure 1) on the edge of the NI 43-101 silver resource area at the Company’s San Marcial Project (“San Marcial”), Sinaloa, Mexico, as announced in February this year (see News Release dated 7 February 2019). read more