| Announcement Date: | 2022-10-17 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | GR Silver Mining Ltd. |
| Project name: | Plomosas |
| Location: | Mexico |
| Commodities: | Gold,Silver,Zinc |
| Highlight: | Drilling results incl. 123.1m at 112g/t Ag, 0.06g/t Au, 0.1% Zn from 65.8m |
| 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) – is pleased to announce successful follow up drilling lateral to the new high-grade Southeast Area (“SE Area”) silver (Ag) discovery, at the Company’s wholly-owned Plomosas Project, in Sinaloa, Mexico. Surface drill hole SMS22-16 intersected mineralization similar to the previously announced SMS22-10 discovery in the SE Area, on a 90 m step out drilling program, where multiple highgrade intervals are hosted in a wide zone with a predominance of Ag-rich hydrothermal breccias and stockworks, to the SE of the San Marcial Resource Area. SMS22-16: identified a wide hydrothermal breccia and stockwork system, with multiple high-grade Ag intervals, similar to the wide hydrothermal system in the SMS22-10 discovery hole (see News Release dated August 8, 2022). SMS22-16 intersections are summarized as SMS22-14: Confirmation of Ag mineralization at shallow depth 150 m along strike from the SE Area (Figure 1). Presence of wide Ag mineralization with isolated high-grade values. SMS22-14 intersections are summarized as |
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