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GR Silver Mining Ltd.

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Summary

Project:

Plomosas

Deposit:Plomosas
Location:Mexico
Commodities:Lead-Zinc-Gold-Silver
Date:6/22/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:22-6-2020: GR Silver Mining Ltd. announces an Exploration/Drilling Update report for its Plomosas deposit at the Plomosas project. Drilling results incl. 11m @ 1,235g/t Ag, 0.2g/t Au, 0.8% Pb, 1.9% Zn from 112.2m. Vancouver, BC – GR Silver Mining Ltd. (TS
Resources:x
CP/QP:[Overall Report] Marcio Fonseca (Internal)
ABSTRACT:Vancouver, BC – GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce 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. These drill hole results show high-grade silver and gold mineralized zones outside of the previously mined polymetallic (Pb-Zn-Ag-Au) mineralization in the Plomosas Mine Area. The AuAg enriched veins and breccias occur in vertical and shallow-dipping fault zones on the footwall and hanging wall of the existing polymetallic mineralized zone, revealing potential extensions for a future resource estimation. The results also confirm the continuity of the polymetallic mineralized zone down dip and along strike outside the previously mined areas. The drill section discussed in this news release is a step-out section, 400 m north (Figure 1) of drill holes reported in the previous news release (see News Release dated May 13, 2020).

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