GR Silver Mining's Plomosas Mine Sampling Detects High Quality Ag
GR Silver Mining Shines with High-Grade Results at Plomosas Mine
GR Silver Mining Ltd. (TSXV: GRSL) has exciting news from the Plomosas Mine as it reports significant high-grade results from its ongoing underground sampling program. This new initiative aims to uncover and refine the geological potential of the historically rich mining site while looking towards future bulk sampling.
Objectives of the Sampling Program
Phase I of the sampling program aims to achieve several key objectives, primarily focused on enhancing the understanding of the subterranean high-grade silver zones within the historic mine. Here’s a closer look at the main goals:
- To model recently identified high-grade silver zones carved during a mineral resource estimate.
- To prepare metallurgical samples essential for defining key steps for a potential Bulk Sampling Test Mining (BSTM) initiative at the Plomosas Mine.
- To improve the existing underground sampling database that aids in reconciling between resource estimates and areas slated for BSTM.
Key Highlights from the Sampling Process
The initial results from Phase I of the sampling program have been impressive, showcasing high-grade assays that highlight the potential of the Plomosas Mine:
- Chip Mine Face Sample at Level 883 returned 2,423 g/t Ag Equivalent, consisting of 675 g/t silver, 46.9% lead, and 4.5% zinc.
- Channel Sample from Level 833 indicated 0.8 m at 2,019 g/t Ag Equivalent, which comprises 137 g/t silver, 5.74 g/t gold, 16.7% lead, and 18.2% zinc.
- Another Channel Sample from Level 950 delivered a remarkable result of 3,993 g/t Ag Equivalent, including 310 g/t silver and 15.20 g/t gold.
Insights from the Company Leadership
Marcio Fonseca, President and CEO of GR Silver Mining, expressed optimism about the project's trajectory. He stated, "Our latest geological model coupled with comprehensive sampling at the Plomosas Mine creates a solid foundation for determining effective engineering parameters essential for future bulk mining projects. We are already equipped with necessary infrastructure and permits that support new mining operations and processing developments."
Future Plans and Phased Approach
The sampling program is divided into two phases over a four-month timeframe. Phase I focuses on assessing metallurgical data that will support engineering studies, while Phase II aims to collect a more extensive dataset to refine mining engineering processes. With both phases contributing valuable data, GR Silver Mining is laying the groundwork for a prospective BSTM before year-end.
Accessing Ore-Bearing Zones
The program makes optimal use of existing permits for mining operations at Plomosas Mine, allowing extensive access to around 7.4 km of underground development. Repeated sampling has enabled the identification of previously unmined areas rich in continuous silver, gold, and base metal mineralization. Multiple samples yielded high grades up to 3,993 g/t Ag Equivalent, reaffirming the site's rich potential.
About the Plomosas Project
The Plomosas Project spans an area of 43,187 hectares, situated in a zone verified for high-grade silver and gold activities. With the necessary infrastructure already in place and historical mining operations, the project stands poised for significant value creation. Further exploration operations and drilling in the SE Area are expected to lead to resource growth as GR Silver Mining continues to move forward with momentum.
Quality Assurance and Control Measures
The company has implemented stringent QA/QC procedures, incorporating checks such as blank, duplicate, and standard samples to ensure reliability in laboratory results. Findings from samples exhibiting silver concentrations above 100 ppm are promptly sent to specialized facilities for thorough analysis.
Conclusion
GR Silver Mining is optimistic about its future directions at the Plomosas Mine, using high-grade assay results as a springboard for further endeavors in the mining sector. By carefully executing the sampling program, the company seeks to optimize mining activities and boost its resource potential.
Frequently Asked Questions
What is GR Silver Mining focusing on at the Plomosas Mine?
GR Silver Mining is focusing on enhancing the geological understanding and sampling of high-grade silver zones in the Plomosas Mine.
How is the sampling program structured?
The sampling program is structured in two phases aimed at assessing data and preparing for potential bulk sampling initiatives.
What were some significant assay results from the program?
Key assay results include 2,423 g/t Ag Equivalent and 3,993 g/t Ag Equivalent samples, indicating high-grade silver mineralization.
Who leads GR Silver Mining?
Marcio Fonseca is the President and CEO of GR Silver Mining, overseeing its operational strategies and growth.
What does the future hold for GR Silver Mining?
The future looks promising as the company plans to explore further high-grade zones and potentially implement a bulk sampling program to augment its mining capabilities.
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