• GR Silver Mining Ltd. (GRSL) has announced additional gold-silver-zinc-copper-lead results from the Plomosas Mine Area on the Plomosas Project
  • Five holes reported today highlighted the mineralization, with high grades of silver found in every hole and one hole with high-grade gold
  • Gold mineralized zones exceeding 20 metres downhole width have been drilled in the current program in both the hanging wall and footwall
  • GR Silver’s Chairman and CEO, Eric Zaunscherb, sat down with Daniella Atkinson to discuss the results
  • The company expects drilling in the Plomosas Mine Area to be completed by the end of this month
  • GR Silver Mining Ltd. (GRSL) is unchanged, trading at $0.14 per share as of 2:27 p.m. EST

GR Silver Mining (GRSL) has announced additional gold-silver-zinc-copper-lead results from the Plomosas Mine Area on the Plomosas Project in Mexico.

Five holes reported today highlighted the continuing gold-silver-zinc-copper-lead mineralization, with high grades of silver found in every hole and one with high-grade gold.

Gold mineralized zones exceeding 20 metres downhole width have been drilled in the current program in the hanging wall and footwall. Multiple drill hole intervals with high-grade veinlets have been intersected in these zones.

GR Silver’s Chairman and CEO, Eric Zaunscherb, sat down with Daniella Atkinson to discuss the results.

“Our most recent results confirm that younger, crosscutting structures appear to be contributing additional precious metals mineralization in the main polymetallic Plomosas breccia and beyond into its hanging wall and footwall… the emerging understanding of controls on high-grade mineralization has already had a material impact on drilling success at the Plomosas Project, as well as how the project is viewed.”

The drilling focused on specific locations where previous resource modelling and estimation adopted zero grades for unsampled core intervals from historical drilling and defined new gold mineralization on the hanging wall of the main mineralized zone at lower levels of the underground mine.

The company expects drilling in the Plomosas Mine Area to be completed by the end of this month. This will be incorporated into the updated resource estimation expected to be published early next year.

GR Silver Mining Ltd. (GRSL) is unchanged, trading at $0.14 per share as of 2:27 p.m. EST.


More From The Market Online
Negotiating in a meeting room

Grid Battery Metals sets spin-off date for AC/DC Battery shares

Grid Battery Metals Inc. (TSXV:CELL) reveals April 25, 2024 as the date for distribution of AC/DC Battery Metals' common shares.
Arizona Metals - The Kay Mine gold and copper project in Arizona.

Multi-bagger penny stock announces high-grade expansion

Arizona Metals, a multi-bagger penny stock, announces high-grade results from expansion drilling at its Kay Mine project in Arizona.

Silver Spruce launches drilling program in Mexico

Silver Spruce Resources (TSXV:SSE) announces it has begun its 2024 drilling program at the Diamante project in Mexico.

Buzz on the Bullboards: Challenges amid inflation and geopolitical tensions

Canadian and U.S. stock markets grapple with a host of challenges, from surging inflation data to escalating tensions in the Middle East.