Slide 1: Advanced & Development Stage Silver-Gold Projects
Advanced & Development Stage Silver-Gold Projects Resource expansion in one of Mexico’s most prolific mining districts JULY 2020 TSX-V: GRSL OTCQB: GRSLF FRA: GPE 1 TSX-V: GRSL OTCQB: GRSLF FRA: GPE
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT 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 belie
Slide 3: Emerging Silver-Gold Mining Company, Controlling District-Scale Assets
EMERGING SILVER-GOLD MINING COMPANY, CONTROLLING DISTRICT-SCALE ASSETS: 29,000 Ha Track record of achieving milestones and identifying new growth potential Low Cost Acquisitions De-risked Assets Well-positioned for Growth SAN MARCIAL (2018) PLOMOSAS (2020) • US$0.13/oz AgEq acquisition cost • Extens
Slide 4: Capital Structure
CAPITAL STRUCTURE Capitalization & Balance Sheet (July 17, 2020) Shares Shares Outstanding 122,343,391 Options (avg. weighted price $0.20) 7,507,178 • High-grade Plomosas drill results • Oversubscribed $9.1M bought deal Warrants (avg. weighted price $0.40) 22,962,136 Fully diluted Shares 152,812,705
Slide 5: GR Silver Well-Positioned for Growth with Respect to EV
GR SILVER WELL-POSITIONED FOR GROWTH WITH RESPECT TO EV EV (CAD$) vs Peer Group Values as of July 15, 2020 350 300 EV (CAD$) 250 200 150 100 50 0 Orex Minerals Southern Silver Defiance Silver Silver Tiger GR Silver Prime Mining Kootenay Vizsla Discovery Bear Creek Exploration Metals Mining Silver Re
Slide 6: Board & Management - Strong track record of global mining related M&A
BOARD & MANAGEMENT - Strong track record of global mining related M&A Marcio Fonseca, P.Geo., President and CEO Trevor Woolfe, VP Corporate Development and Exploration Blaine Bailey CPA, CFO BOARD OF DIRECTORS ADVISORY BOARD Marcio Fonseca, M+A, Investment Michael Thompson, Lawyer, Investment Jonath
Slide 7: Control of Key Concessions in the Rosario Mining District
CONTROL OF KEY CONCESSIONS IN THE ROSARIO MINING DISTRICT >29,000 Ha of Concessions owned by GR Silver Plomosas Silver Project MOVING TOWARDS RESOURCE DEFINITION ON 6 AREAS RECENT DISCOVERIES OF HIGH-GRADE SILVER GOLD LOW SULPHIDATION EPITHERMAL VEINS San Marcial Silver Project DISCOVERY OF HIGH-GRA
Slide 8: Rosario: Geological Setting Similar to World-Class Ag-Au Mexican Districts
ROSARIO: GEOLOGICAL SETTING SIMILAR TO WORLD-CLASS Ag-Au MEXICAN DISTRICTS SMO WESTERN EDGE, SIERRA MADRE OCCIDENTAL (SMO) SAN DIMAS MINING DISTRICT PLOMOSAS + SAN MARCIAL • Prolific setting for world class Ag-Au deposits/discoveries • +350 years history, +200 veins • Similar geological setting to S
Slide 9: Plomosas + San Marcial = District-Scale Silver-Gold Vein System
PLOMOSAS + SAN MARCIAL = DISTRICT-SCALE SILVER-GOLD (MULTIPLE) VEIN SYSTEM PREVIOUS INVESTMENTS OF + US$50 M (DRILLING, INFRASTRUCTURE) Plomosas San Marcial Synergies (A) (B) (A+B) Mineral Concessions 8,515 ha 1,250 ha Control of 9,764 ha Control of key areas for Mineralization Corridor 30,000 m 8,0
Slide 10: Plomosas
PLOMOSAS Multiple Low Sulphidation Epithermal Veins + Breccias; Underground Development + Infrastructure Plomosas Tunnel 10 TSX-V: GRSL OTCQB: GRSLF FRA: GPE
Slide 11: Plomosas - Expanded Mineralization Along-Strike + New Discoveries
PLOMOSAS - EXPANDED MINERALIZATION ALONG-STRIKE + NEW DISCOVERIES HIGH-GRADE Ag-Au VEINS POLYMETALLIC Ag-Pb-Zn BRECCIAS SELECTED DRILL RESULTS (Jun 22, 2020): Drill Hole - 253 Drill Hole - 258 11.0 m at 1,235 gpt Ag 23.9 m at 3.6 gpt Au 2.3 m at 2,600 gpt Ag 1.0 m at 43 gpt Au 1.7 m at 4,209 gpt Ag
Slide 12: San Juan - Multiple Veins and Breccias Hosted in Regional Fault Zones
SAN JUAN - MULTIPLE VEINS AND BRECCIAS HOSTED IN REGIONAL FAULT ZONES LARGE EPITHERMAL SYSTEM FOOTPRINT – 1KM LONG Recent underground sampling results at San Juan indicating upside potential Width (m) Ag g/t Pb % Zn % Au g/t Width (m) Ag g/t Pb % Zn % Au g/t 5.0 816 0.88 0.46 0.28 0.5 2,343 1.42 0.5
Slide 13: San Marcial
SAN MARCIAL Ag-Au Discoveries + Drilling 2020 Underground Development Dec 2019 San Marcial tunnel, May 2020 13 TSX-V: GRSL OTCQB: GRSLF FRA: GPE
Slide 14: San Marcial - Resource Expansion 2020
SAN MARCIAL - RESOURCE EXPANSION 2020 • Breccia-hosted Ag mineralization • 52 close-spaced shallow drill holes along initial 500m zone • 500 m initial strike length A’ • Excellent width and grade • Wide, high-grade trenches along strike • 15 m @ 472 g/t Ag • 12 m @ 323 g/t Ag • 24 m @ 219 g/t Ag A •
Slide 15: San Marcial – High-Grade Ag-Pb-Zn Project Open at Depth
SAN MARCIAL – HIGH-GRADE Ag-Pb-Zn PROJECT OPEN AT DEPTH 15 TSX-V: GRSL OTCQB: GRSLF FRA: GPE
Slide 16: San Marcial - Open Pit Potential and High-Grade Silver–Gold Discoveries
SAN MARCIAL - OPEN PIT POTENTIAL AND HIGH-GRADE SILVER–GOLD DISCOVERIES DRILLING + Ag-Au DISCOVERIES IN 2020 – RESOURCE EXPANSION • 5.5 km south of Plomosas Silver Project Ø Geological setting akin to and synergistic development with Plomosas • Underground development and resource expansion • Contin
Slide 17: San Marcial – Extensive Rock/Soil Geochemical Exploration 2019-2020
SAN MARCIAL – EXTENSIVE ROCK/SOIL GEOCHEMICAL EXPLORATION 2019-2020 (completed) • Low-cost, time-effective approach • 13,000 samples collected and analyzed • Tight spacing (25m x 25m) • Advancing knowledge • Defining a highly prospective geological setting for discoveries • Advancing shallow drillin
Slide 18: Plomosas and San Marcial Under-Explored – New Opportunities
PLOMOSAS AND SAN MARCIAL UNDER-EXPLORED – NEW OPPORTUNITIES PLOMOSAS PROJECT: MULTIPLE UNSAMPLED LOW SULPHIDATION VEIN OUTCROPPINGS TWO FLAGSHIP PROJECTS: PLOMOSAS + SAN MARCIAL • Upside potential for future discoveries outside of drilled areas • Cost + time-effective drilling planned for 2020-2021
Slide 19: Timeline and Milestones
TIMELINE AND MILESTONES 1-6 months 6-12 months 12-24 months Ø New Resource Estimates Ø Definition of a District Scale Ø Integration of San Marcial + Ag-Au System Plomosas Ø New Au-Ag Discoveries Ø Creating Value Through Ø Desktop Economic Studies Resource Expansion + Discoveries 19 TSX-V: GRSL OTCQB
Slide 20: Perfectly Positioned
PERFECTLY POSITIONED Excellent investment potential, given recent acquisition and growth opportunity • Rapid + low cost project advancement à resource expansion (fully funded) • 100% control of historical mining district: >450 years of precious metals artisanal workings, multi-million ounces mined (
Slide 21: Get in Touch
GET IN TOUCH GR Silver Mining Ltd. 999 West Hastings St., 9th Floor, Vancouver, BC, V6C 2W2 General Inquiries: +1-604-202-3155 Investor Relations: +1-604-558-6248 info@grsilvermining.com grsilvermining.com @GRSilverMining GR Silver Mining GR Silver Mining Ltd. 21 TSX-V: GRSL OTCQB: GRSLF FRA: GPE
Slide 22: Management Bios and Footnotes
MANAGEMENT BIOS AND FOOTNOTES Marcio Fonseca P.Geo., President and CEO 25 years mining & financial industry experience, Latin America; P.Geo, M.Sc., DIC Imperial College, UK - specialization in Economic Engineering. Investment banker with Macquarie Bank, Vale, Phelps Dodge. Transaction track record: