Category: Exploration and Development

GR Silver Mining President and CEO, Marcio Fonseca, commented, “During the current global COVID-19 crisis, the health and safety of our team is top priority. The Company has implemented measures to adhere to government-imposed restrictions. Meanwhile, our project team from the local area has been able to progress some aspects of our exploration program using strict safety protocols. The recent purchase of our own surface drill rig allows us flexibility to advance the drill program at San Marcial with our own professionally trained local crew, in isolation in the field camp.”

Daniel Earle, President & CEO, commented, “We are deeply sorry to have learned of David’s passing and extend our thoughts and prayers to his family and everyone touched by this extraordinary person. David was the ‘World’s Best Mine Finder,’ discovering 17 major minerals deposits over a 50-year career. Our flagship project, Warintza, was a discovery he made while exploring in southeast Ecuador in the early 2000s, and our pipeline of grassroots exploration projects were his targets for future discoveries.”

Outcropping mineralization is only exposed in a small creek from which the historic mining developed. Potential extensions of mineralization are largely covered by overlying ignimbrite volcanics.

Esta nueva unidad minera, construida con tecnología de punta, cuenta con una capacidad de molienda y procesamiento de 4,500 toneladas diarias de mineral, para producir un promedio anual de 4.7 millones de onzas de plata, 40,000 toneladas de zinc, 8,600 toneladas de plomo y 7,000 de cobre, contenidos en concentrados de plomo, zinc y cobre.

GR Silver Mining President and CEO, Marcio Fonseca, commented, “The step-out drilling results along the strike of the San Juan mineralized system have confirmed the presence of a high-grade footprint related to the breccia-hosted Pb-Zn-Ag-Au mineralization and the sub-vertical fault- hosted, low sulphidation epithermal Ag-Au vein-breccia systems.”