Day: April 27, 2022

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 drill holes within the mineralized zone were assigned zero values, and hence affected the grade of model blocks, in the 2021 NI 43-101 mineral resource estimation.

With our drilling permit now in hand, Silver Spruce, along with our partner Colibri Resource Corp., look forward to awarding contracts for the initial 2,000 metres of reverse circulation (R/C) drilling on the first-priority targets at La Prieta, Calton, Pillado and Aguaje with El Chon-El Chon Oeste and Mezquite Raizudo next in line.

“The Au-As-Sb-Hg-Tl-Te geochemical suite associated with strong orpiment (As2S3) and realgar (AsS) mineralization observed in the Pedro drill core is, in part, indicative of Carlin-style gold deposits,” commented Dave Tupper, VP Exploration for Southern Empire. “When you also consider the lithology, stratigraphic and extensional tectonic geological setting of the Pedro Gold Project, the probability that the Pedro prospect is a Carlin-style gold occurrence becomes compelling.”

Alan Pangbourne, President & CEO, commented: “We are very pleased to report the final holes from the drilling campaign, including excellent results such as hole CKG22-094 with 357 metres of 1.43 g/t AuEq. The results support our belief that the intrusive continues to be materially higher grade than previously modeled which should have a very positive impact on the new resource estimate, mine plan and upcoming pre-feasibility study.”