GR Silver Mining Ltd. - is pleased to announce that it has initiated a 14,000 m exploration drill program targeting newly identified and untested silver-gold veins on its concessions within the Rosario Mining District, Sinaloa, Mexico. Seven drill rigs are being mobilized to undertake this program at new project sites on the Company's extensive Ag-Au vein systems that extend over structural trends covering a combined 75 [...]
GR Silver Mining Ltd. - is pleased to report drill results representing intersections of high-grade Ag-Au epithermal veining at the La Colorada and San Juan Veins at the Plomosas Silver Project in Sinaloa, Mexico. Drilling Highlights: LCS21 -04 9.0 m @ 946 g/t AgEq1, from 170.0 m including 0.65 m @ 10,777 g/t AgEq from 176.9 m SJD-06 6.9 m @ 467 g/t AgEq from 29.6 m, including 2.1 m @ 1,306 g/t AgEq from 32.3 m SJD-20 2.1 [...]
1.8 m @ 15.8 g/t Au GR Silver Mining Ltd. - is pleased to report drill results in the northern portion of the Plomosas Mine Area. These results represent intersections of polymetallic hydrothermal breccia near the surface in unmined areas in the historic Plomosas Mine Area at the Plomosas Silver Project in Sinaloa, Mexico. Drill highlights include: SD-13: 1.8 m @ 15.8 g/t Au, 1.1 % Pb, 3.9 % Zn and 17 g/t Ag - 1,779 g/t [...]
GR Silver Mining Ltd. is pleased to report near surface drill results in the central portion of the Plomosas Mine Area. These results will be incorporated in the database and 3D resource model, with potential for delineation of shallow resources in unmined zones close to existing underground developments in the historic Plomosas Mine Area at the Plomosas Silver Project in Sinaloa, Mexico. GR Silver Mining President and [...]
3.0 m @ 9.7 g/t Au 1.0 m @ 1,000 g/t Ag 0.5 m @ 13.1 g/t Au, 0.5 % Pb and 1.0 % Zn 0.2 m @ 383 g/t Ag, 1.88 g/t Au and 22.2 % Zn GR Silver Mining Ltd. - is pleased to report near surface drill results delineating continuity of high-grade, narrow silver-gold rich epithermal mineralization in the southern limit of the Plomosas Mine. The Plomosas Mine Area is currently undergoing resource estimation and these results will be [...]
GR Silver Mining Ltd. - 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 . SSR Mining's subsidiary, Silver Standard México, S.A. de C.V., has also been granted a 0.75% net smelter returns royalty . The Company has a buy-back right on the NSR that can be exercised at [...]
GR Silver Mining Ltd. is pleased to report drill results that extend the high-grade silver mineralization 100 m to the north along strike in the San Juan Vein. Additionally, a wide, up to 65 m continuous silver mineralized zone, is delineated on the footwall of the Yecora Vein, defining shallow wide mineralized zones to be included in the upcoming maiden resource estimate at San Juan. Both veins are part of the vein [...]
GR Silver Mining Ltd. is pleased to announce that it has completed its previously announced bought deal private placement of an aggregate of 19,550,000 units of the Company at a price of $0.59 per Unit for gross proceeds of $11,534,500, which was oversubscribed and included the exercise of the underwriters' option in full. Each Unit consists of one common share in the capital of the Company and one-half of one common [...]
GR Silver Mining Ltd. is pleased to announce that it has amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering, Beacon Securities, as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters, has agreed to purchase, on a "bought deal" private placement basis, 17,000,000 units at a price of $0.59 per Unit for aggregate gross proceeds to [...]
GR Silver Mining Ltd. announces that it has entered into an agreement with Beacon Securities, as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 13,600,000 units at a price of $0.59 per Unit for aggregate gross proceeds to the Company of $8,024,000 . Each Unit will consist of one common [...]
GR Silver Mining Ltd. Further to its news release of February 1, 2021 the Company is pleased to announce it has now completed the acquisition of 100% of Marlin Gold Mining Ltd. from Mako Mining Corp. Marlin owns 100% of Oro Gold de Mexico, S.A. that owns the past-producer La Trinidad open pit Au mine, that ceased operating in 2019, and 12 highly prospective concessions totalling 107,392.5 ha located adjacent to GR [...]
GR Silver Mining Ltd. 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 in Sinaloa. The underground drill hole results reported in this News Release are part of the drilling program that will be incorporated with existing historic drilling data to support [...]