Slide 1: Corporate Presentation: An Emerging Silver-Gold Company
CORPORATE PRESENTATION AN EMERGING SILVER-GOLD COMPANY TS APRIL 2021 TSXV|GRSL OTCQB|GRSLF FRA|GPE 1
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS This presentation contains “forward-looking statements” within the meaning of Canadian securities laws. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and beli
Slide 3: Control of Key Ag-Au Assets in Rosario Mining District - Mexico
CONTROL OF KEY Ag-Au ASSETS IN ROSARIO MINING DISTRICT - MEXICO NI 43-101 29 Moz Ag (Ind) + 10 Moz Ag (Inf) 1 2 Mineralized 3 Trends Ag-Au Quartz Veins Old Workings New Exploration Drilling Targets 3
Slide 4: Capital Structure
CAPITAL STRUCTURE Ownership as at April 1, 2021 Capitalization Shares Shares Outstanding 131,327,634 Warrants (avg. weighted price $0.38) 15,856,187 16% First Majestic (TSX:FR) Options (avg. weighted price $0.45) 9,947,356 Fully diluted Shares 157,131,177 10% Management & Insiders 48% Fully Diluted
Slide 5: Experienced Management
EXPERIENCED MANAGEMENT Experienced management to drive GR Silver Mining forward Marcio Fonseca • Technical experience to evaluate exploration and operational assets with knowledge from President & CEO exploration stage to mining operations • Senior roles with Echo Bay Mines, Phelps Dodge, and Vale i
Slide 6: Diverse Board of Directors
DIVERSE BOARD OF DIRECTORS Strong track record of global mining related M&A Gino DeMichele • has led, structured and financed dozens of public and private deals spanning the last 22 years, a number of which exceeded market capitalization of $500 million Laura Diaz • lawyer in Mexico City, Mexico, an
Slide 7: Recent Acquisition
RECENT ACQUISITION GR Silver Acquired 100% of Marlin Gold on April 1, 2021 Highlights of the transaction • Low-cost acquisition includes a 1% NSR royalty, with a buy-back option* • 12 highly prospective concessions totalling 107,392.5 ha, adjacent to GR Silver’s existing portfolio • Portfolio now to
Slide 8: New Acquisition - La Trinidad Concession
NEW ACQUISITON - LA TRINIDAD CONCESSION 1,074 km2, gives GRSL control of 75 km of prospective trend in the District with known mineralization, including 3 zones and >24 shallow gold-silver prospects and old workings. • La Trinidad Mine: Taunus Pit produced over 164,000 oz gold* up to 2019. • GAP Are
Slide 9: Rosario Mining District - Historical Multi-Million Ounce Ag-Au Mines
ROSARIOMINING DISTRICT– ROSARIO HISTORICAL MULTI-MILLION MINING OUNCEAg-Au DISTRICT – HISTORICAL MINES Ag-Au MINES Major milestones achieved • 3 major acquisitions in 3 years - San Marcial, Plomosas, La Trinidad • Full control of 1,400 km2 • 2 past producing, fully permitted mines • 3 areas supporti
Slide 10: Plomosas Mine Area
PLOMOSAS MINE AREA Large High-grade Ag-Au Epithermal System • Extensive drill program in progress • Delineation of large mineralized footprint • Evidence of new high- grade silver, gold and copper mineralization • Resource estimation Ag-Au stockwork underway for Q2/2021 • Numerous targets outside of
Slide 11: San Juan Area
SAN JUAN AREA Ag-rich Epithermal System • Mineralized footprint extends for 2 km • Delineation of 6 Ag- Au rich epithermal veins • Drilling & resource estimation underway for Q2/2021 11
Slide 12: San Marcial - Potential Open Pit Mine
SAN MARCIAL – POTENTIAL OPEN PIT MINE Drilling & Resource Expansion • 1,250 ha property • Located 5 km south of the Plomosas Mine • NI 43-101 resource estimate (2019) of 36 Moz AgEq (Indicated) and 11 Moz AgEq (Inferred)* • Potential open pit mine* • Underground development for drilling to expand re
Slide 13: San Marcial: Discoveries - Resource Expansion 2021
SAN MARCIAL Discoveries – Resource Expansion 2021 • Underground development of tunnel for GAP Area resource expansion drilling • Ground geophysical program underway – IP and magnetometry • Investigate strike extensions to Resource Area • Following up targets generated by extensive litho-sampling gri
Slide 14: Well Positioned for Growth
WELL WELL POSITIONED POSITIONED FOR FOR GROWTH GROWTH Trading at a Discount to Peers & Mean Enterprise Value/Ounce Silver 3 YEAR ANALYSIS Enterprise Value/Ounce Ag Silver Resource Companies Trended Upward Along With Silver Price Global Resources Peer Valuations 3 Yr Average (M+Ind+Inf) EV/oz of US$2
Slide 15: Planning 2021-2022 Strategy
PLANNING 2021-2022 Q2|2021 STRATEGY • 2 new resource estimates and new Au-Ag discoveries at the Plomosas Project (San Juan Area and Plomosas Mine Area) • Targeting material increase in the resource inventory in Q2|2021 • Compile and review La Trinidad data, prioritize targets for exploration Q3|Q4 2
Slide 16: Contact Us - GR Silver Mining Ltd.
CONTACT US GR SILVER MINING LTD. Suite 900 – 999 West Hastings Street Trevor Woolfe Vancouver, BC, Canada V6C 2W2 VP Corporate Development T. 604.202.3155 trevor@grsilvermining.com www.grsilvermining.com T. +61.411.127.837 info@grsilvermining.com Brenda Dayton VP Corporate Communications bdayton@grs