GR Silver Mining Ltd. - is pleased to announce that follow up down dip and lateral drilling has successfully intersected extensions to the new high-grade Southeast Area silver discovery as a potential expansion of the San Marcial Resource Area, at the wholly-owned Plomosas Project in Sinaloa, Mexico. Surface drill holes SMS22-11 and SMS22-12 both intersected mineralization similar to the previously announced discovery in [...]
GR Silver Mining Ltd. - is pleased to announce that it has completed its previously announced best-efforts brokered private placement offering , issuing 36,263,000 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of $5,439,450, including 2,929,000 Units sold pursuant to the partial exercise of the option granted to the Agents pursuant to the Agency Agreement . Each Unit consists of one common [...]
GR Silver Mining Ltd. - is pleased to announce that it has entered into an agreement with Beacon Securities Limited , on behalf of a syndicate of agents , in connection with a "best efforts" private placement of up to 33,334,000 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds to the Company of up to $5,000,100 . Each Unit shall consist of one common share in the capital of the Company and [...]
GR Silver Mining Ltd. - is pleased to announce a new silver discovery in the first drill hole stepping out 250 m to the southeast of the San Marcial Resource Area on the wholly-owned Plomosas Project in Sinaloa, Mexico. Surface drill hole SMS22-10 intersected 101.6 m at 308 g/t Ag , including multiple intervals grading over 1,000 g/t Ag. The hole was drilled 250 m to the SE of the San Marcial Resource Area, where the [...]
GR Silver Mining Ltd. - announces Michael Thomson has resigned as Director of the Company. Mr. Thomson has served as an independent director of GR Silver since 2018. The Board of Directors and management team would like to take this opportunity to thank him for his contributions during his time as Director and wish him well in all his future endeavors. About GR Silver Mining Ltd. GR Silver Mining is a Canadian-based [...]
GR Silver Mining Ltd. - announces first assay results from the 2022 resource expansion drill program at the San Marcial Area in Sinaloa, Mexico. The high-grade silver results demonstrate the potential for resource expansion both near-surface and at depth at the San Marcial Area. The 23 released drill holes targeted delineation of near-surface high-grade zones, as well as the lateral continuation of mineralization along [...]
GR Silver Mining Ltd. announces drilling results from initial exploration carried out on new areas representing potential step outs from NI 43-101 mineral resources at both the San Juan/La Colorada and Plomosas Mine Areas. The gold and silver discoveries are in addition to the Company's successful exploration programs reported earlier this year at the Loma Dorada, Trampolín and Corta Pico vein systems . Highlights [...]
GR Silver Mining Ltd. is pleased to report that it has filed its final short form prospectus dated May 30, 2022 and obtained a receipt with the securities regulatory authorities in the Provinces of British Columbia, Alberta, Manitoba and Ontario. The Prospectus qualifies the distribution of an aggregate of 27,236,755 units of the Company, which are issuable for no additional consideration upon the deemed exercise of [...]
GR Silver Mining Ltd. announces high-grade silver results from underground infill drilling at the Plomosas Project in 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 [...]
GR Silver Mining Ltd. announces wide and high-grade silver results from its surface infill drilling program at the Plomosas Project in Sinaloa State, Mexico. These Ag-rich drilling results are part of the Phase I surface infill drilling program initiated in December 2021 at the Plomosas Mine Area, targeting intervals on the upper levels of the historical Plomosas underground mine where unsampled intervals of historical [...]
GR Silver Mining Ltd. announces that it has negotiated debt settlement with arm's length creditors. Pursuant to debt settlement agreements, and subject to acceptance by the TSXV, the Company has settled aggregate debt of $33,542.87, in consideration for which it will issue an aggregate of 136,910 common shares at a deemed price of $0.245 per share. All common shares issued in connection with these debt settlements will [...]
GR Silver Mining Ltd. is pleased to confirm the extension of wide high-grade silver mineralization from underground drilling in the San Marcial Area, at the Plomosas Project, Mexico. These assay results are from three underground drill holes completed in 2021 and reinforce the widening of the mineral body at depth and along strike, supporting potential resource expansion. The successful eight-hole underground drill [...]