GR Silver Mining Ltd V.GRSL

Alternate Symbol(s): GRSLF

Metals & Mining Industrial Metals & Minerals

GR Silver Mining Ltd. is a Canada-based junior mineral exploration company. The Company is engaged in silver-gold resource expansion on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. It controls 100% of the former Plomosas underground mine within the Plomosas Project, which includes the integrated San Marcial Area. In conjunction with a portfolio of early to advanced stage exploration targets, the Company holds approximately 78 square kilometers (km2) of highly prospective core concessions and an additional 270 km2 of non-core concessions. Its San Marcial Area is a 1,250-hectare property located 98 kilometers (km) southeast of Mazatlan, in the state of Sinaloa, and five km south of the Company’s Plomosas Mine Area. The Plomosas Property lies in a geological setting similar to that of the San Dimas Mining District, which has produced over 11 million ounces of gold and 600 million ounces of silver.

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GR Silver Mining Ltd > GRSL Overview-Risk Analysis

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Post by klamaAAAon Sep 28, 2021 1:59pm

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GRSL Overview-Risk Analysis

GRSL Overview

GR Silver Mining Ltd. engages in the acquisition, exploration, and development of mineral resource properties primarily in Mexico.

Risk Analysis

1.Has less than 1 year of cash runway

2. Makes less than USD$1m in revenue (CA$0)

3. Currently unprofitable and not forecast to become profitable over the next 3 years

4. Shareholders have been diluted in the past year

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