financetom
Business
financetom
/
Business
/
GR Silver Mining Provides Initial Results From Sampling Program at Plomosas Mine in Mexico
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GR Silver Mining Provides Initial Results From Sampling Program at Plomosas Mine in Mexico
Jul 8, 2025 4:50 AM

07:23 AM EDT, 07/08/2025 (MT Newswires) -- GR Silver Mining ( GRSLF ) reported on Tuesday initial results of the phase one underground sampling program at the Plomosas mine in Mexico.

Sampling highlights include 2,423 grams per tonne (g/t) silver equivalent, 0.8 meters at 2,019 g/t silver equivalent, and 0.6 meters at 3,993 g/t silver equivalent.

GR Silver said its program will consist of two phases over the next four months, and the results will support a decision to potentially implement a bulk sampling test mining program before year-end.

"The success of our new geological model at the Plomosas mine, completed during the last six months, combined with detailed underground sampling, will be fundamental for the future development of engineering parameters to assess implementation of a bulk sampling test mining program in the underground mine," said Marcio Fonseca, GR Silver's president and CEO.

"The current site has initial infrastructure and key permits in place, which can assist in any future mine and processing plant developments at the historic Plomosas mine," Fonseca added.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
G Mining Ventures Said Received Final Environmental Permit for Oko West Gold Project in Guyana
G Mining Ventures Said Received Final Environmental Permit for Oko West Gold Project in Guyana
Sep 2, 2025
08:56 AM EDT, 09/02/2025 (MT Newswires) -- G Mining Ventures ( GMINF ) on Tuesday said it has received a permit from Guyana's Environmental Protection Agency for the Oko West Gold Project. The permit, valid through July 2030, authorizes the construction and operation of Oko West, which is expected to create an average of 1,270 direct permanent jobs during its...
Solventum Closes Sale of Purification, Filtration Business to Thermo Fisher
Solventum Closes Sale of Purification, Filtration Business to Thermo Fisher
Sep 2, 2025
08:55 AM EDT, 09/02/2025 (MT Newswires) -- Solventum ( SOLV ) said Tuesday it completed the sale of its purification and filtration business to Thermo Fisher Scientific ( TMO ) for $4 billion, before customary adjustments. The company said it plans to use the net proceeds from the sale primarily to pay down outstanding debt. Solventum ( SOLV ) said...
CareCloud Raises 2025 Revenue Guidance
CareCloud Raises 2025 Revenue Guidance
Sep 2, 2025
08:36 AM EDT, 09/02/2025 (MT Newswires) -- CareCloud ( CCLD ) said Tuesday that it has raised its revenue guidance for 2025 as a result of its acquisition of Medsphere Systems' business assets. The healthcare IT company said it now expects annual revenue of $116 million to $118 million, up from previous guidance of $111 million to $114 million. The...
Replimune Schedules Meeting With FDA for RP1 Complete Response Letter to Treat Melanoma
Replimune Schedules Meeting With FDA for RP1 Complete Response Letter to Treat Melanoma
Sep 2, 2025
08:55 AM EDT, 09/02/2025 (MT Newswires) -- Replimune ( REPL ) said Tuesday it scheduled a Type A meeting with the US Food and Drug Administration to discuss a complete response letter regarding a biologics license application for RP1 in combination with nivolumab for the treatment of advanced melanoma. The company said it has submitted a briefing book to the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved