Slide 1: Expanding Resources in a Historical District of Mexico
EXPANDING RESOURCES IN A HISTORICAL DISTRICT OF MEXICO CORPORATE PRESENTATION | AUGUST 2022 TSXV|GRSL OTCQB|GRSLF FRA|GPE
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS This presentation contains “forward-looking statements” within the meaning of Canadian Such assumptions, include, but are not limited to: (i) there being no significant change to current securities laws. Where a forward-looking statement expresses or implies an expectation or g
Slide 3: District Scale Strategic Assets
DISTRICT SCALE STRATEGIC ASSETS Positioned For Continuous Growth Plomosas Project • 432 km2 of core concessions • Growing resource baseat the San Marcial and Plomosas Mine Areas 46.3 Moz AgEq (Ind) 33.0 Moz AgEq (Inf) • Portfolio of near-term permitted development-stage assets including the Plomosas
Slide 4: San Marcial Area – Exploration Model Success with Expansion to Depth
SAN MARCIAL AREA – EXPLORATION MODEL SUCCESS WITH EXPANSION TO DEPTH New Wide, High-grade Discovery in Southeast Area 4
Slide 5: San Marcial Area
SAN MARCIAL AREA San Marcial Resource Expansion Program San Marcial mineral resource is hosted by key structures along a key lithological contact between Upper and Lower Volcanics on the western edge of the Sierra Madre Occidental 2022 exploration activities focusing on testing >5kms of the “Target
Slide 6: San Marcial Project Southeast Area Cross Section
SAN MARCIAL PLOMOSAS PROJECTSOUTHEAST AREA CROSS SECTION SMS22-10 101.6 m at 308 g/t Ag (from 98.5 m down hole), including: 0.8 m at 7,139 g/t Ag (from 98.5 m) 0.3 m at 3,065 g/t Ag (from 102.9 m) 0.2 m at 1,774 g/t Ag (from 116.1 m) 0.2 m at 1,508 g/t Ag (from 118.3 m) 0.3 m at 1,285 g/t Ag (from 1
Slide 7: San Marcial Area
SAN MARCIAL AREA Exploration Model Success Extensive Epithermal System Recently completed UG drilling demonstrated extension of higher-grade Ag mineralization to depth Surface exploration outlining potential resource growth along strike in multiple anomalies Ag-dominant mineralization with prelimina
Slide 8: Plomosas Project - Catalysts
PLOMOSAS PROJECT - CATALYSTS Growing the Resource Base in 2 Areas San Marcial Resource Expansion • Drilling multiple new targets adjacent to current resources • Ag anomalies identified along 5km key geological contact adjoining resource area Plomosas Mine Area Infill Drilling • Targeting Ag grade in
Slide 9: Plomosas Mine Area – 2022 Surgical Infill Drill Program
PLOMOSAS MINE AREA – 2022 SURGICAL INFILL DRILL PROGRAM Plomosas Camp North South Mine Access 9
Slide 10: Longitudinal Section
LONGITUDINAL SECTION New Wide, High-grade Silver Mineralization Upside Potential On Existing Low-grade Resource Blocks* *See News Release dated April 27, 2022 and May 24, 2022 10
Slide 11: Plomosas Project – Pipeline of Drill Targets 2022
PLOMOSAS PROJECT – PIPELINE OF DRILL TARGETS 2022 Multiple veins near the Plomosas Mine area District scale project, enhancing value with modern exploration techniques and focused on continuous resource expansion 11
Slide 12: Current Ownership Capital Structure
CAPITAL STRUCTURE CURRENT OWNERSHIP CAPITALIZATION First Majestic (TSX:FR) Shares Issued & Outstanding 195,216,806 11% Warrants 27,316,675 Management & Insiders (average weighted price C$0.51) 7.2% Options 9,769,157 (average weighted price C$0.42) Institutions & Funds 25% Fully Diluted Shares Outsta
Slide 13: GR Silver Is Trading at a Significant Discount to Peers
GR SILVER IS TRADING AT A SIGNIFICANT DISCOUNT TO PEERS As at July 18, 2022 GR Silver’s current compliant resources include the Plomosas, San Juan and San Marcial areas Our exploration focus is on new high-grade epithermal vein targets and expanding high quality resources One can expect a “mov
Slide 14: Experienced Management
EXPERIENCED MANAGEMENT BLAINE BAILEY ERIC ZAUNSCHERB BRENDA DAYTON TREVOR WOOLFE MARCIO FONSECA CFO Chairman & CEO VP Corporate Communications VP Exploration & Corporate President & COO Chartered Professional Accountant, Geologist with over 30 years 15 years of communications and Development Technic
Slide 15: Diverse Board of Directors
DIVERSE BOARD OF DIRECTORS Strong Track Record Of Global Mining Related M&A ERIC ZAUNSCHERB • Chairman & CEO • Previously served as Managing Director, Research – Metals & Mining Analyst at Canaccord Genuity where he coordinated the firm’s global mining equity research team and is a Canadian geologis
Slide 16: GR Silver Mining
GR SILVER MINING Excels at identifying and creating quality opportunities for continuous resource growth Features our district scale Plomosas Project, hosting a diversity of large Ag-Au mineral deposit styles with excellent infrastructure and existing permits Led by an experienced management t
Slide 17: Appendix
APPENDIX Pe GR SILVER 7
Slide 18: Combined NI 43-101 Resource Statement
COMBINED NI 43-101 RESOURCE STATEMENT Plomosas Project* Total Resources Statement - August 23, 2021 Resource Tonnage Au Au Ag Ag Pb Pb Zn Zn AgEq AgEq Type Category MT g/t Koz g/t Moz % Mlbs % Mlbs Moz g/t Indicated OP 0.3 0.20 2 83 0.9 0.8 6.4 0.8 6.1 1.3 114 Inferred OP 1.4 0.12 5 78 3.6 0.9 27.3
Slide 19: Our Priorities: Environment, Social Responsibility, Governance
OUR PRIORITIES ENVIRONMENT SOCIAL RESPONSIBILITY GOVERNANCE Committed to achieving zero significant We are dedicated to our community We encourage a diverse and inclusive environmental incidents through responsible engagement activities, ensuring we benefit workplace that focuses on continuous and s
Slide 20: Contact – Investor Relations
Suite 1050 – 400 Burrard Street Vancouver, BC, Canada V6C 3A6 www.grsilvermining.com FOR INVESTOR RELATIONS: BRENDA DAYTON VP Corporate Communications bdayton@grsilvermining.com T. 604.417.7952 @GRSilverMining GR Silver Mining GR Silver Mining Ltd. 7 TSXV|GRSL OTCQB|GRSLF FRA|GPE