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 >
Update: Market Chatter: BlackRock, Canada Pension Board to Invest in $1.4 Billion in Swiggy IPO
Update: Market Chatter: BlackRock, Canada Pension Board to Invest in $1.4 Billion in Swiggy IPO
Nov 3, 2024
03:29 AM EDT, 10/29/2024 (MT Newswires) -- (Updates with BlackRock's ( BLK ) response in the last paragraph.) BlackRock ( BLK ) and the Canada Pension Plan Investment Board plan to invest in the $1.4 billion initial public offering of Swiggy, the Indian food delivery firm, Reuters reported Sunday, citing sources close to the matter. Meanwhile, Swiggy lowered its IPO...
Goosehead Insurance Insider Sold Shares Worth $4,401,986, According to a Recent SEC Filing
Goosehead Insurance Insider Sold Shares Worth $4,401,986, According to a Recent SEC Filing
Nov 3, 2024
03:07 AM EDT, 10/29/2024 (MT Newswires) -- Adrienne Kebodeaux, 10% Owner, on October 24, 2024, sold 43,928 shares in Goosehead Insurance ( GSHD ) for $4,401,986. Following the Form 4 filing with the SEC, Kebodeaux has control over a total of 63,530 shares of the company, with 63,530 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1726978/000172697824000103/xslF345X05/wk-form4_1730155701.xml Price: 109.00, Change: -0.49, Percent Change: -0.45...
Keurig Dr Pepper Stakeholder JAB to Sell 60 Million Shares in Public Offering
Keurig Dr Pepper Stakeholder JAB to Sell 60 Million Shares in Public Offering
Nov 3, 2024
03:26 AM EDT, 10/29/2024 (MT Newswires) -- Keurig Dr Pepper ( KDP ) said late Monday a subsidiary of JAB Holding will sell 60 million shares of the beverage company's stock in a proposed public offering. JAB has granted the underwriter a 30-day option to purchase up to 9 additional million shares. After the offering, JAB will own about 16.5%...
BP third quarter profit slumps to $2.3 billion as oil demand sags
BP third quarter profit slumps to $2.3 billion as oil demand sags
Nov 3, 2024
LONDON (Reuters) - BP on Tuesday reported higher-than-expected third quarter profits of $2.3 billion, their lowest in almost four years, weighed down by a drop in refining profits and weaker oil trading. The 30% drop in profits from a year earlier comes amid a slowdown in global economy activity and oil demand, particularly in China, raising pressure on CEO Murray...
Copyright 2023-2026 - www.financetom.com All Rights Reserved