Gr Silver Mining Ltd. · TSXV:GRSL

Gr Silver Mining — Investor Presentation (March 2023)

21 slides from Gr Silver Mining's investor presentation, March 2023

  1. Slide 1: Expanding Resources in Mexico

    EXPANDING RESOURCES IN MEXICO CORPORATE PRESENTATION MARCH 2023 TSXV|GRSL OTCQB|GRSLF FRA|GPE

  2. Slide 2: Cautionary Statements

    CAUTIONARY STATEMENTS This presentation contains “forward-looking statements” within the meaning of Canadian securities For a more detailed discussion of risks and other factors that might impact future looking statements, see the laws. Where a forward-looking statement expresses or implies an expec

  3. Slide 3: Investment Highlights

    INVESTMENT HIGHLIGHTS DELIVERING ON OUR STRATEGY TO CONTROL THE ROSARIO MINING DISTRICT PROJECT – Our prospective Plomosas Project includes 432 km2 core concessions PLACE – Located in the historic Rosario Mining District in the Sierra Madre Occidental of Mexico PEOPLE – Exceptional leadership team a

  4. Slide 4: District Scale Strategic Assets

    DISTRICT SCALE STRATEGIC ASSETS PLOMOSAS PROJECT • 432 km2 core concessions • Developing the resource base at San Marcial and Plomosas Mine Areas • Portfolio of permitted, near term development-stage assets including the Plomosas Mine and La Trinidad OTHER AREAS • Non-core concessions of 302 km2 pro

  5. Slide 5: Plomosas Project

    PLOMOSAS PROJECT GROWING OUR RESOURCE BASE IN TWO AREAS SAN MARCIAL RESOURCE EXPANSION • Drilling new targets adjacent to current resources • Ag anomalies identified along a 5-kilometre key geological contact adjoining resource area PLOMOSAS MINE AREA INFILL DRILLING • Targeting silver grade increas

  6. Slide 6: San Marcial Area

    SAN MARCIAL AREA EXPLORATION MODEL SUCCESS & EXTENSIVE EPITHERMAL SYSTEM & RESOURCE GROWTH La Trinidad Plomosas Mine San Juan B’ B San Marcial A’ ❖ Delineation of wide continuous mineralization A ❖ Silver dominant mineralization – Exploration potential 2019 RESOURCE AREA ❖ Preliminary metallurgy ind

  7. Slide 7: San Marcial Southeast Area Discovery

    SAN MARCIAL SOUTHEAST AREA DISCOVERY RESOURCE EXPANSION 2023 La Trinidad Microdiorite Granodiorite NEW EXPLORATION TARGETS El Tecuan + + ++ + + + La Tigra NE Fault Las Uvas San + +++ Marcial Limoncillos 6 KM TARGET CONTACT Ag ANOMALY – SURFACE + 2019 NI 43-101 + ROCK SAMPLING + ++ SE AREA DISCOVERY

  8. Slide 8: San Marcial Area

    SAN MARCIAL Limit Previous AREA Surface Drilling EXPLORATION MODEL SUCCESS WITH EXPANSION TO DEPTH New wide, high-grade discovery in Southeast Area 8 GR SILVER MINING LTD. | CORPORATE PRESENTATION | MARCH 2023

  9. Slide 9: San Marcial 3D Geological Model

    A’ SAN MARCIAL 3D GEOLOGICAL MODEL SOUTHEAST AREA RESOURCE EXPANSION Wide high-grade silver A discoveries Upside potential along strike and down-dip New sub-parallel breccias defining new drill targets Attractive geometry and continuity * See news release dated January 31, 2022, July 13, 2022 , Augu

  10. Slide 10: Plomosas Longitudinal Section

    PLOMOSAS LONGITUDINAL SECTION IDENTIFIED NEW WIDE, HIGH-GRADE SILVER MINERALIZATION WITH UPSIDE POTENTIAL ON EXISTING LOW-GRADE RESOURCE BLOCKS* PLI22-31A 8.5 m @ 371 g/t AgEq PLI22-29 PLI22-25 PLI22-27 0.8 m @ 2,365 g/t AgEq 12.5 m @ 1,146 g/t AgEq PLI22-30 incl. 1.5 m @ 1,917 g/t AgEq PLI22-20 PLI

  11. Slide 11: Resource Growth San Marcial

    RESOURCE GROWTH 2021 SAN MARCIAL 2022 3D GEOLOGICAL MODEL PLOMOSAS PROJECT CUMULATIVE DRILLING CONSISTENTSOUTHEAST 2022 (pending assays) GR SILVER RESOURCE GROWTH* AREA 60,000 600 60 50,000 500 50 Wide high-grade Ag discoveries Number of Holes Drilled 40,000 400 40 Upside potential Meters Drilled Si

  12. Slide 12: Our Priorities

    OUR PRIORITIES ENVIRONMENT Committed to achieving zero significant environmental incidents through responsible and safe practices SOCIAL RESPONSIBILITY We are dedicated to our community engagement activities, ensuring we benefit our neighbours GOVERNANCE We encourage a diverse and inclusive workplac

  13. Slide 13: Company Snapshot

    COMPANY SNAPSHOT CAPITAL STRUCTURE OWNERSHIP Shares Issued & Outstanding 261,779,806 Warrants 63,025,295 INSTITUTIONS 19.1% (average weighted price C$0.32) & FUNDS* Options 8,857,000 FIRST (average weighted price C$0.42) MAJESTIC 8.2% Fully Diluted Shares Outstanding 333,662,101 MANAGEMENT 6.4% & IN

  14. Slide 14: GR Silver Is Trading at a Significant Discount to Peers

    GR SILVER IS TRADING AT A SIGNIFICANT DISCOUNT TO PEERS ENTERPRISE VALUE PER IN SITU SILVER OUNCE M+IND BASIS $6.00 $5.61 ✓ GR Silver’s current compliant resources include the Plomosas, San Juan and San $5.00 Marcial areas $4.00 $3.66 ✓ Our exploration focus is on new high-grade EV/oz Ag(US$) epithe

  15. Slide 15: Experienced Management

    EXPERIENCED MANAGEMENT ERIC ZAUNSCHERB Geologist with over 30 years experience as a mining equity analyst. Previously Managing Director, Research – CHAIRMAN & CEO Metals & Mining Analyst at Canaccord Genuity. Eric holds the Chartered Financial Analyst designation Technical experience to evaluate exp

  16. Slide 16: Diverse Board of Directors

    DIVERSE BOARD OF DIRECTORS STRONG TRACK RECORD OF GLOBAL MINING • Chairman • Geologist with over 30 years experience as a mining equity analyst. Previously served as Managing Director, Research – Metals & ERIC ZAUNSCHERB Mining Analyst at Canaccord Genuity where he coordinated the firm’s global mini

  17. Slide 17: GR Silver Mining

    GR SILVER MINING ✓ Excels at identifying opportunities and creating value through continuous resource growth ✓ Hosts a number of large silver and gold mineral deposits with excellent infrastructure and existing permits ✓ Led by an experienced management team and supportive Board of Directors with a

  18. Slide 18: Appendix

    APPENDIX

  19. Slide 19: Plomosas/San Juan Total Resources Statement

    PLOMOSAS/SAN JUAN * TOTAL RESOURCES STATEMENT PLOMOSAS Resource Tonnage Au Au Ag Ag Pb Pb Zn Zn AgEq AgEq NI 43-101 Category Type MT g/t Koz g/t Moz % Mlbs % Mlbs Moz g/t RESOURCE Indicated Inferred OP t 0.3 1.4 0.20 0.12 2 5 83 78 0.9 3.6 0.8 0.9 6.4 27.3 0.8 0.7 6.1 23.5 1.3 4.8 114 103 STATEMENT

  20. Slide 20: San Marcial NI 43-101 Resource Statement

    SAN MARCIAL NI 43-101 RESOURCE STATEMENT SAN MARCIAL RESOURCE SUMMARY Cutoff Tonnage Ag AgEq Zn Pb Ag AgEq Zn Pb Class Type AgEq g/t (000s) (g/t) (g/t) (%) (%) (Moz.) (Moz.) (‘000 lbs) (‘000 lbs) Breccia (OP) 30 2,909 202 241 0.66 0.44 18.9 23 42,227 28,504 Breccia Breccia (UG) 80 55 90 124 0.64 0.2

  21. Slide 21: Contact

    GR SILVER MINING LTD. Suite 1050 – 400 Burrard Street Vancouver, BC, Canada V6C 3A6 @GRSilverMining GR Silver Mining FOR INVESTOR RELATIONS: BRENDA DAYTON GR Silver Mining Ltd. VP Corporate Communications www.grsilvermining.com bdayton@grsilvermining.com T. 604.417.7952 TSXV|GRSL OTCQB|GRSLF FRA|GPE

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