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 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 Undertakes Maiden Ground Geophysics Program on the San Marcial Project, Incorporating Magnetometry and 3D IP

Figure 1: San Marcial – Concession, Geology, Targets and Geophysical Survey Lines (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 the first ever ground geophysical program on the San Marcial Project, located in Sinaloa, Mexico. The program is centered on the San Marcial Resource Area and will incorporate a 3D Induced Polarization (“IP”) survey as well as ground magnetometry. 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 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