Announcement Date: 2022-10-31
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: GR Silver Mining Ltd.
Project name: Plomosas
Location: Mexico
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 44.5m at 268g/t Ag, 1.0g/t Au, 2.4% Pb, 1.7% Zn, 0.2% Cu from 8.5m
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 additional results from 38 infill drill holes in the resource update program underway at the Company’s Plomosas Mine Area, Plomosas Project in Sinaloa, Mexico. These drill holes were targeted to replace historical holes used in the 2021 NI 43-101 mineral resource estimate, where unsampled intervals were assigned zero values, or to test new high-grade Ag-Au mineralized zones, identified by the Company in both the footwall and hanging wall of the main mineralized zone (Figure 1). GR Silver Mining’s infill drilling program is continuing in the Plomosas Mine Area, and to date has added 105 holes (7,330 m) of new drilling inside the historic Plomosas Mine since completion of the Company’s 2021 NI 43-101 mineral resource estimation. The Plomosas Mine Area, which includes a historical mine with 7.4 km of underground development and related infrastructure, is providing positive drill results and new
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