Near Surface Silver/Gold Mineralization Drill Results At Plomosas Project

VANCOUVER - GR Silver Mining Ltd. reported drill results from the Plomosas Mine Area at its 100%-owned Plomosas Silver Project in Sinaloa, Mexico. These drill results reveal the presence of wide zones of gold mineralization in addition to attractive near surface polymetallic (Ag-Pb-Zn) mineralization. The two styles of mineralization represent unmined areas located 50 m NW from a previously released section of drill hole results at the Plomosas Mine Area. The results define a mineralized strike length of up to 700 m, with field evidence and underground mapping indicating further continuity along strike and down dip.

The 3D geological model of results to date in the Plomosas Mine Area continues to support the Ag-rich polymetallic breccia being hosted within a shallow dipping fault and the silver-gold mineralized low sulphidation epithermal veins being hosted by multiple high angle faults.

The mineralized veins and hydrothermal breccias favor the potential delineation of shallow polymetallic resources, up to 150 vertical meters below surface. This zone has been earmarked for testing by the Company’s upcoming shallow diamond core drilling program to fully explore the extent of down-dip and along-strike continuity.