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GR Silver Mining Ltd.
Summary
| Project: | Plomosas | |
|---|---|---|
| Deposit: | Plomosas | |
| Location: | Mexico | |
| Commodities: | Silver-Gold | |
| Date: | 5/13/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-5-2020: GR Silver Mining Ltd. announces an Exploration/Drilling Update report for its Plomosas deposit at the Plomosas project. Drilling results incl. 1.8m @ 118g/t Ag, 30.64g/t Au, 0.1% Zn, 0.1% Pb from 336.3m. VANCOUVER, May 13, 2020 /CNW/ - GR Silve | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Marcio Fonseca (Internal) | |
| ABSTRACT: | VANCOUVER, May 13, 2020 /CNW/ - GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) ("GR Silver Mining" or the "Company") – is pleased to report high-grade drill results at its 100% owned Plomosas Silver Project ("Plomosas Project") in Sinaloa, Mexico. These results are located in the Plomosas Mine Area, one of six priority areas with a combination of recent (2016 to 2018) and historical drill data being released by the Company (See Drone Image). These additional drill hole results confirm the presence of high-grade gold-silver mineralization in the Plomosas Mine Area in un-mined zones, representing Au-Ag enrichment in vertical faults crosscutting the main shallow-dipping Plomosas Fault. The drill section discussed in this news release is a step-out section (Figure 1), 100 m south of drill holes reported in a previous news release (see April 23, 2020). The existing drill holes for the Plomosas Project were generated by drill campaigns completed by Grupo Mexico between 1982-2000 and First Majestic Silver Corp. ("First Majestic") between 2016- 2018 and form an extensive database which GR Silver Mining is consolidating and validating. The primary objective of Grupo Mexico was the discovery of Pb and Zn mineralization as potential feed for their historical flotation plant operations nearby. | |
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