GR Silver Mining Ltd., earlier known as Goldplay Exploration Ltd., is a natural resource mining company primarily interested in precious metal properties, including silver and gold mineral assets located in the Rosario Mining District, Mexico.
GR Silver Mining Ltd. is a publicly listed company on the TSX Venture Exchange, with its common shares trading under the ticker symbol GRSL. In addition to the TSXV Market, the Vancouver-based metal miner is also listed and trades its common stock on the OTCQB market and Frankfurt Stock Exchange under the stock symbol GRSLF and GPE, respectively.
The mineral exploration company operates two prime projects -- the Plomosas Silver Project and San Marcial Project -- situated within the Rosario Mining District. GR Silver Mining owns a 100 per cent stake in each project and holds a combined land area of 9,764 hectares.
The Plomosas Silver Project is situated in Sinaloa. The property is comprised of low sulphide epithermal silver (Ag) and gold (Au) mineralization. The company underwent an exploration program to identify polymetallic mineralization in the Plomosas mine area. The San Marcial Project is an open-pit deposit with silver, lead, and zinc mineralization.
In April 2021, GR Gold Mining indirectly acquired the La Trinidad Gold Project and 12 mineral claims spread over 107,392.5 hectares by purchasing a 100 per cent stake in Marlin Gold Mining Ltd. Marlin owns a 100 per cent interest in Oro Gold de Mexico, a company that holds the La Trinidad Mine.
Additionally, GR Gold Mining holds a portfolio of polymetallic mineralized zones discovered in the eastern portion of the Rosario Mining District, which includes:
• El Habal - a 3,700 hectares precious metal project
• Yauco - mineral claims covering an area of 7,000 hectares
• Villa Union - mineral claims covering an area of 5,600 hectares
• El Placer II - mineral claims spread over an area of 111,000 hectares
GR Gold Mining Ltd. is working on underground development and new drilling programs to expand the mineral resource estimates of the San Marcial Project. The company is also undertaking exploration and drilling activities to explore new prospects at the Plomosas Project site and other projects.