Announcement Date: 2023-01-16
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: GR Silver Mining Ltd.
Project name: Plomosas
Location: Mexico
Commodities: Gold,Silver,Lead,Zinc
Highlight: Drilling results incl. 82.7m at 121g/t Au, 0.06g/t Ag, 0.1% Pb, 0.3% Zn from 174.2m
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 surface drilling success in the new high-grade Southeast Area (“SE Area”) silver (Ag) discovery within the San Marcial Area, at the Company’s wholly-owned Plomosas Project, in Sinaloa, Mexico. The six holes represent extensions along strike or down dip, creating the potential to expand silver mineralization boundaries. Each of the SE Area holes add attractive silver results and key geological information to expand the current Ag mineralization model. The Company has now completed all holes planned to be incorporated into the 3D geological model, with the updated resource estimation expected to be released in Q1|2023. A total of 75 GR Silver Mining drill holes (10,500 m) will be added to the 52 holes used in the 2019 NI 43-101 San Marcial mineral resource estimation.
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