GR Silver Mining Grants Options
GR Silver Mining Grants Options
VANCOUVER, BC
,
Oct. 2, 2025
/CNW/ -
GR Silver Mining Ltd.
("
GR Silver Mining
" or the
"
Company
") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) announces that it has granted
incentive stock options to certain eligible persons to purchase up to an aggregate of 600,000
common shares of the Company pursuant to the Company's Omnibus Long-Term Incentive Plan and
the policies of the TSX Venture Exchange ("
TSXV
"). The options have a five-year term, with 1/3
vesting on the date of grant and a further 1/3 vesting on each of the first and second anniversaries of
the date of grant. All of the foregoing options are exercisable at a price of
$0.33
per common share.
The options, and any common shares issued on exercise thereof, have a hold period expiring on
February 3, 2026
, in accordance with the policies of the TSXV.
About the Plomosas Project
The Plomosas Project, including the recent high-grade silver discovery in the San Marcial SE Area,
is progressing in 2025 as an emerging high-grade silver district located in southwestern edge of the
Sierra Madre Occidental,
Sinaloa, Mexico
. The Plomosas Project, covering 7,823 ha, including the
historical Plomosas Underground mine. benefits from mine infrastructure, road access and existing
permits associated with past-producing mining sites. The district contains intermediate to low-
sulfidation epithermal silver and gold mineralization, hosted in hydrothermal breccias and veins.
Recent success in exploration and drilling has delineated wide, high-grade, shallow hydrothermal
breccias in the San Marcial Area, including the SE Area discovery, where step-out drilling is
underway in 2025, aiming for continuous resource growth. At the historical Plomosas Mine, where
Grupo Mexico operated the underground mine from 1985 to 2000, exploration, underground
sampling and metallurgical programs are being conducted to support future decisions regarding the
implementation of a Bulk Sampling Test Mining Program
About GR Silver Mining Ltd
.
GR Silver Mining is a Canadian-based,
Mexico
-focused mineral exploration company engaged in
cost-effective silver-gold resource expansion on its 100%-owned assets, located on the eastern
edge of the Rosario Mining District, in the southeast of Sinaloa State,
Mexico
. GR Silver Mining
controls 100% of the Plomosas Project, including the former Plomosas underground mine and wide,
high-grade silver mineralized zones at the San Marcial Area. Recent discoveries in the 78 km² of
highly prospective, advanced-stage exploration concessions position the Company well for resource
expansion at the Plomosas Project.
GR Silver Mining Ltd.
Márcio Fonseca, President & CEO
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking statements" within the meaning of applicable
Canadian securities legislation and information that are based on the beliefs of management and
reflect the Company's current expectations. When used in this press release, the words "estimate",
"project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the
negative of these words or such variations thereon or comparable terminology are intended to
identify forward-looking statements and information. Such statements and information reflect
the current view of the Company. Risks and uncertainties may cause actual results to differ
materially from those contemplated in those forward-looking statements and information. By their
nature, forward-looking statements involve known and unknown risks, uncertainties and other
factors which may cause our actual results, performance or achievements, or other future events,
to be materially different from any future results, performance or achievements expressed or
implied by such forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this press release.
SOURCE
GR Silver Mining Ltd.
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For further information:
For further information, please contact: Telephone: +1 236-270-2057,
Email: [email protected]
CO: GR Silver Mining Ltd.
CNW 05:00e 02-OCT-25