Discoveries of High-Grade Silver at San Marcial by GR Silver Mining
Recent Developments in Silver Drilling at San Marcial
GR Silver Mining Ltd. (OTCQB: GRSLF) is excited to share the latest results from its ongoing drilling program at the San Marcial Area, part of the Plomosas Project. This initiative is aimed at expanding the resource area adjacent to previously defined mineral estimates. The step-out drilling program is critical for understanding the extent and continuity of silver mineralization within this promising zone.
Highlights from the Drilling Program
One of the standout drill holes, SMS25-08, has revealed impressive results that underscore the potential of the San Marcial Area. The drill intersected 19.9 meters of silver mineralization at a grade of 250 g/t AgEq, starting from a depth of just 21.5 meters. Within this intercept, there is also a high-grade section measuring 1.3 meters at 954 g/t AgEq, illustrating the rich silver potential in this part of the project.
Additional Significant Intercepts
The SMS25-08 drill hole further indicated attractive silver mineralization with additional segments yielding results such as 3.7 meters at 557 g/t AgEq and 4.2 meters at 350 g/t AgEq. These results support the idea that the resource area has significant potential for further expansion.
Strategic Drilling Approach
The focus of the recent drilling has been on the Parallel Breccia target, strategically placed to test the down-dip continuity of previously identified mineralization. This drill program seeks to expand the current resource area by targeting intersections between northeast and northwest-oriented fault structures, which are expected to host further mineralization.
New Gold-Silver Vein Discovered
A notable discovery mentioned in the latest results is a new high-grade gold-silver vein intersected at a depth of 244.5 meters. This vein returned a staggering grade of 1,685 g/t AgEq, which reinforces the high-value potential of the San Marcial Area and opens avenues for future exploration and development.
Future Potential and Next Steps
GR Silver Mining's President and CEO, Márcio Fonseca, expressed enthusiasm over the ongoing drilling efforts, indicating that each new batch of results continues to support the prospect of increasing the scale of mineralization at San Marcial. These promising results not only enhance the understanding of existing mineral resources but also pave the way for planned future drilling in the SE Deep Extension target.
Resource Expansion Efforts
The company is setting its sights on resource expansion at the Plomosas Project, focusing on both existing and newly identified mineralized targets. With the integration of geological modeling, GR Silver Mining is honing in on the structural details that drive mineralization, which is critical in enhancing resource assessments and development plans.
About GR Silver Mining
GR Silver Mining is a Canadian mineral exploration company focused on advancing high-grade silver and gold resources on its entirely owned properties in Mexico. The company controls 100% of the Plomosas Project, which includes the historic Plomosas underground mine known for hosting significant silver-gold mineralization. Exciting recent finds in this area reflect GR Silver Mining's commitment to resource expansion and leveraging its strategic assets towards operational success.
Frequently Asked Questions
1. What are the key findings from the latest drill results at San Marcial?
The latest results indicate significant silver mineralization, including 19.9 meters at 250 g/t AgEq from the SMS25-08 drill hole, with a high-grade segment of 1.3 meters at 954 g/t AgEq.
2. How does GR Silver Mining plan to expand its mineral resources?
The company is focused on step-out drilling to identify additional mineralized zones and improve understanding of the geology, while also targeting high-potential areas like the SE Deep Extension.
3. What is the importance of the newly discovered gold-silver vein?
The discovery of a new vein grading 1,685 g/t AgEq represents a significant opportunity for resource enhancement and potential new development paths.
4. What geological features support the mineralization at San Marcial?
The area's mineralization is associated with hydrothermal breccias and intersections of northeast and northwest fault structures that promote rich deposits of silver and gold.
5. Who is the qualified person overseeing the drilling at GR Silver Mining?
The qualified person under National Instrument 43-101 for this release is Márcio Fonseca, who is also the President & CEO of GR Silver Mining, and he has approved the contents of the report.
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