Gr Silver Mining Ltd. · TSXV:GRSL

Gr Silver Mining — Investor Presentation (November 2021)

19 slides from Gr Silver Mining's investor presentation, November 2021

  1. Slide 1: Discoveries & Resource Expansion in Mexico

    DISCOVERIES & RESOURCE EXPANSION IN MEXICO CORPORATE PRESENTATION | NOVEMBER 2021 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 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

  3. Slide 3: Investment Opportunity: District Scale Silver-Gold Mining Assets

    INVESTMENT OPPORTUNITY District Scale Silver-Gold Mining Assets LARGE SCALE DISTRICT CONTROL GEOLOGICAL SETTING • Over 700 km2 portfolio • Large regional epithermal • 100% controlled extensive system Ag-Au low/intermediate • Recent exploration discovering sulphidation epithermal new veins veins • De

  4. Slide 4: Positioned for Continuous Value Growth

    Positioned for Strategic Assets in a Prolific Mining District Continuous Value Growth • Experienced leadership team in place • Growing Ag-Au resource base with high quality assets Plomosas Project • 476 km2 of core concessions • Focus on drilling for discoveries • Portfolio of early to advanced stag

  5. Slide 5: Plomosas Project

    PLOMOSAS PROJECT Growing Resource Base* 46.3 Moz AgEq (Ind) 33.0 Moz AgEq (Inf) Two Past Producer Sites • Existing infrastructure • Permits in place Upside Exploration potential Dozens of veins & old workings Three Mineralized Structural Trends Plomosas & San Marcial La Tigra La Trinidad * See Appen

  6. Slide 6: Plomosas Project: Drilling, Discoveries, Resource Expansion

    DRILLING | DISCOVERIES | RESOURCE EXPANSION PLOMOSAS PROJECT District Scale Ag-Au Mining Company MULTIPLE VEINS NEAR THE PLOMOSAS MINE AREA Active surface/underground drilling in three areas Plomosas | La Trinidad | San Marcial GR Silver: • Controls 100% of the regional scale project – first time ev

  7. Slide 7: Plomosas Project - Initial Resource Estimation (2021)

    PLOMOSAS PROJECT - INITIAL RESOURCE ESTIMATION (2021) Key Points NI 43-101 Initial Resource Estimate Ø Discovery High-grade Au Veins Ø Resource Potential Infill drilling ongoing Targeting Ag-Au grade 7

  8. Slide 8: Evaluation Resource Model – Plomosas Mine Area (2021)

    EVALUATION RESOURCE MODEL – PLOMOSAS MINE AREA (2021) HISTORICAL STOPES AVG Ag GRADE BLOCK MODEL X AVG Ag GRADE ASSAYS INSIDE STOPES - ELEVATION A 775 GC B 815 G 400 Key Points (Continued) 356 C RAMP 3G D 825 GC Ø Ag-Au grades estimated in mined-out stopes are E 825 SG 350 307 F 833 G lower than the

  9. Slide 9: San Marcial

    SAN MARCIAL Potential Open Pit and Underground Ag Mine Underground Drilling Ongoing Discoveries Ag Resource Growth 29 Moz Ag (Ind)-10 Moz Ag (Inf)* Ø Delineating a large epithermal system, stepping out from the resource area Ø Positive metallurgy - 90% to 93% Ag recoveries *see Appendix 9

  10. Slide 10: La Trinidad Initial Results

    P LA TRINIDADLYSIS INITIAL RESULTS Potrerillos Target • 80% completed mapping and prospecting • Possible drill program for early Q1|22 Colinas Target • Reconnaissance stage • Good potential for follow-up program • Southern extension of Trinidad main Au orebody Cienega Target • Data review stage • Po

  11. Slide 11: Attractive Valuation

    ATTRACTIVE VALUATION ATTRACTIVE VALUATION GR Silver is currently trading at a significant discount to silver exploration peers… Ø GR Silver’s current compliant resources include the Plomosas, San Juan and San Marcial areas Ø Our exploration focus is on new high-grade epithermal vein targets and expa

  12. Slide 12: Re-Rating Upside Potential

    2.00 4 30 TSX.V 3 1.80 Listin 5 g INVESTMENT OPPORTUNITY 1.60 GRSL 2 25 Re-Rating Upside 1.40 1 20 Potential 1.20 1.00 15 GR Silver’s share price has 0.80 declined along with select peers 10 0.60 but remains well above its 2020 pandemic low. 0.40 5 0.20 Our story illustrates a district - 0 scale con

  13. Slide 13: Corporate Structure

    CORPORATE STRUCTURE CURRENT OWNERSHIP CAPITALIZATION Shares Issued & Outstanding 167,392,155 First Majestic (TSX:FR) 12.9% Warrants (average weighted price C$0.67) 12,535,875 Management & Insiders TSXV|GRSL 7.5% Options (average weighted price C$0.47) 10,273,534 OTCQB|GRSL Fully Diluted Shares Outst

  14. Slide 14: Why GR Silver Mining?

    WHY GR SILVER MINING? DRILLING FOR DISCOVERIES FINANCIAL STRENGTH • New drill targets being tested • Fully funded for 14,000 m • Large epithermal system identified diamond drill program • Opportunity for continuous resource growth LIQUIDITY EXECUTING TO PLAN • Listed in March 2018 • High liquidity w

  15. Slide 15: 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 exploration PRESIDENT AND CEO stage to mining operations. • Senior roles with Echo Bay Mines, SilverCrest Mines, Ph

  16. Slide 16: Diverse Board of Directors

    DIVERSE BOARD OF DIRECTORS Strong Track Record Of Global Mining Related M&A ERIC ZAUNSCHERB • Non – Executive Chairman. • 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 Canadi

  17. Slide 17: Appendix

    APPENDIX 17

  18. 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 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

  19. Slide 19: Investor Relations Contact

    Plomosas Underground Mine Suite 900 – 999 West Hastings Street Vancouver, BC, Canada V6C 2W2 www.grsilvermining.com FOR INVESTOR RELATIONS: BRENDA DAYTON VP Corporate Communications bdayton@grsilvermining.com T. 604.558.6248 @GRSilverMining GR Silver Mining GR Silver Mining Ltd. GRSL Geologist 7 TSX

GR Silver Mining — Investor Presentation (November 2021) on 6ix