EPISODE · Jul 23, 2020 · 22 MIN
GR Silver Mining Is Pursuing and Advancing High-grade Silver Projects with CEO Marcio Fonseca
from Mining Stock Education · host Bill Powers
GR Silver Mining CEO Marcio Fonseca was an executive with SilverCrest Mines at the time when the company spun-out SilverCrest Metals in late 2015. Through discovery, SilverCrest Metals’s share price has risen about 130-fold in past four years. It is hard to beat the returns that a successful silver junior company can provide. And its exactly this type of out-sized gain that Marcio is now trying to provide to GR Silver shareholders.In 2018 Marcio founded and took public GR Silver Mining which aims to create shareholder value through the discovery and advancement of high-grade silver projects in the Rosario mining district in Sinaloa, Mexico. And the company is off to an excellent start as it already has a resource of 40M silver ounces. GR Silver is fully funded for at least 2 years of exploration and resource expansion drilling at its two 100% owned San Marcial and Plomosas projects. The company will see a steady stream of drill results over the next two years as well as an updated resource estimate in Q4 2020 or Q1 2021.0:00 Introduction2:12 Marcio’s involvement at SilverCrest Metal’s inception4:14 Board and Management with strong track record of global mining related M&A5:33 “Skin in the game” and how have you paid yourself?6:40 Describe your leadership advantage7:56 Rosario mining district: excellent geological setting for Ag-Au discoveries8:42 San Marcial project: 40M AgOz and growing11:01 Plomosas project: recent discoveries of high-grade silver/gold veins13:27 Plomosas already has US$30M in infrastructure and US$18M exploration spent14:07 Where will GR Silver Mining be in two years from now?15:05 Fully funded for next 2+ years15:24 Potential challenges?16:45 Low cost of drilling17:22 Consistent news flow of drill results and resource updateTicker: TSXV: GRSL OTC:GRSLF FRA:GPELearn more about GR Silver Mining: https://grsilvermining.com/Latest GR Silver Mining presentation: https://grsilvermining.com/wp-content/uploads/2020/07/GRSLCorpPresentation_July2020.pdfSign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 GR Silver Mining is an MSE sponsor. The forward-looking statement found in GR Silver Mining’s most-recent presentation applies to the content of this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
What this episode covers
GR Silver Mining CEO Marcio Fonseca was an executive with SilverCrest Mines at the time when the company spun-out SilverCrest Metals in late 2015. Through discovery, SilverCrest Metals’s share price has risen about 130-fold in past four years. It is hard to beat the returns that a successful silver junior company can provide. And its exactly this type of out-sized gain that Marcio is now trying to provide to GR Silver shareholders.In 2018 Marcio founded and took public GR Silver Mining which aims to create shareholder value through the discovery and advancement of high-grade silver projects in the Rosario mining district in Sinaloa, Mexico. And the company is off to an excellent start as it already has a resource of 40M silver ounces. GR Silver is fully funded for at least 2 years of exploration and resource expansion drilling at its two 100% owned San Marcial and Plomosas projects. The company will see a steady stream of drill results over the next two years as well as an updated resource estimate in Q4 2020 or Q1 2021.0:00 Introduction2:12 Marcio’s involvement at SilverCrest Metal’s inception4:14 Board and Management with strong track record of global mining related M&A5:33 “Skin in the game” and how have you paid yourself?6:40 Describe your leadership advantage7:56 Rosario mining district: excellent geological setting for Ag-Au discoveries8:42 San Marcial project: 40M AgOz and growing11:01 Plomosas project: recent discoveries of high-grade silver/gold veins13:27 Plomosas already has US$30M in infrastructure and US$18M exploration spent14:07 Where will GR Silver Mining be in two years from now?15:05 Fully funded for next 2+ years15:24 Potential challenges?16:45 Low cost of drilling17:22 Consistent news flow of drill results and resource updateTicker: TSXV: GRSL OTC:GRSLF FRA:GPELearn more about GR Silver Mining: https://grsilvermining.com/Latest GR Silver Mining presentation: https://grsilvermining.com/wp-content/uploads/2020/07/GRSLCorpPresentation_July2020.pdfSign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 GR Silver Mining is an MSE sponsor. The forward-looking statement found in GR Silver Mining’s most-recent presentation applies to the content of this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or...
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GR Silver Mining Is Pursuing and Advancing High-grade Silver Projects with CEO Marcio Fonseca
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