Announcement Date: 2022-05-24
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: GR Silver Mining Ltd.
Project name: Plomosas
Location: Mexico
Commodities: Silver,Lead,Zinc
Highlight: Drilling results incl. 6.5m @ 1458g/t Ag, 0.2% Pb, 0.2% Zn from 12.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, BC – 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. Underground Infill Drilling – Plomosas Mine The underground drilling program is designed to, not only address the shortcomings in the 2021 resource model, but also delineate high-grade Ag-Au mineralized zones located between level 775 RL and 1025 RL (see Figure 2). The underground infill drilling program has a surgical approach using drill rigs with the capacity to drill NQ and BQ diameter holes in selective and tight underground sites, aiming to drill a total of 4,350 m by Q4|22. The existing underground infrastructure within the Plomosas Mine, which includes a total of 7.4 km of ramps and galleries, provides flexibility and optimization
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