Slide 1: Expanding Resources in a Historical District of Mexico
EXPANDING RESOURCES IN A HISTORICAL DISTRICT OF MEXICO CORPORATE PRESENTATION | JULY 2022 TSXV|GRSL OTCQB|GRSLF FRA|GPE
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS This presentation contains “forward-looking statements” within the meaning of Such assumptions, include, but are not limited to: (i) there being no significant change to current Canadian securities laws. Where a forward-looking statement expresses or implies an geotechnical, me
Slide 3: GR Silver Mining
GR SILVER MINING ➢ Strives to be the best 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 experien
Slide 4: District Scale Strategic Assets
DISTRICT SCALE STRATEGIC ASSETS Positioned For Continuous Growth Plomosas Project • 432 km2 of core concessions • Growing resource base at 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 Plomosa
Slide 5: Plomosas Project
PLOMOSAS PROJECT Two Past Producer Sites Existing infrastructure and permits in place Upside Exploration Potential Multiple veins Historic workings Three Major Structural Trends Plomosas & San Marcial La Tigra La Trinidad 5
Slide 6: 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 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: San Marcial Area – Exploration Model Success with Expansion to Depth
SAN MARCIAL AREA – EXPLORATION MODEL SUCCESS WITH EXPANSION TO DEPTH Successful deployment of first UG drilling to expand high- grade Ag mineralization up to 300m down-dip 8
Slide 9: 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 W edge of the Sierra Madre Occidental 2022 exploration activities focusing on testing >5 km of the “Target Contac
Slide 10: Plomosas Mine Area – 2022 Surgical Infill Drill Program
PLOMOSAS MINE AREA – 2022 SURGICAL INFILL DRILL PROGRAM Plomosas Camp North South Mine Access 10
Slide 11: 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 11
Slide 12: 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 12
Slide 13: Current Ownership Capital Structure
CAPITAL STRUCTURE CURRENT OWNERSHIP CAPITALIZATION First Majestic (TSX:FR) Shares Issued & Outstanding 195,216,806 11% Warrants Management & 27,316,675 (average weighted price C$0.51) Insiders 6.6% Options 9,769,157 (average weighted price C$0.42) Institutions & Funds 25% Fully Diluted Shares Outsta
Slide 14: GR Silver Is Trading at a Significant Discount to Peers
GR SILVER IS TRADING AT A SIGNIFICANT DISCOUNT TO PEERS As at June 6, 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 “move
Slide 15: 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 Geologist with over 30 years 15 years of communications and Development Technical experienc
Slide 16: 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 17: Why GR Silver Mining?
WHY GR SILVER MINING? DRILLING FOR DISCOVERIES •Wholly-owned, district-scale land package with existing infrastructure and permits •Large epithermal system identified •Opportunity for continuous resource growth OUR PEOPLE – OUR NUMBER 1 RESOURCE ATTRACTIVE VALUATION TRACK RECORD OF DELIVERY 17
Slide 18: Appendix
APPENDIX ER SR aER i
Slide 19: 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 Category Type 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 20: 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 engagement activities, ensuring we benefit workplace that focuses on continuous responsible and s
Slide 21: Brenda Dayton
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