GR Silver Reports Successful Metallurgical Test Work Results for the Bulk Sampling Test Mining Program at Plomosas Project

Original announcement by tmx on

Company
GR Silver Mining Ltd.
Ticker
GRSL
Exchange
TSX
Region
Mexico
Primary commodity
Silver
Secondary commodities
Gold, Lead, Zinc, Copper
Document categories
Metallurgy
Extracted
2026-09-16 03:07:49 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

GR Silver has reported positive metallurgical test work results for the Plomosas Project in Mexico, supporting the design of a pilot plant. The studies, conducted at SGM and SGS laboratories, confirmed high silver and gold recoveries into lead and zinc concentrates with no significant deleterious elements identified.

Reasoning: Successful metallurgical test work demonstrating high recoveries for silver and gold into lead concentrates, supporting pilot plant design for the Plomosas Project.

Positive factors

  • High precious metal recoveries in rougher concentrate
  • Successful cleaner test work improving gold recovery
  • Concentrates within commercial specifications
  • No deleterious elements or penalties noted
  • QA/QC procedures and QP sign-off disclosed

Negative factors

  • Bench-scale tests only (open circuit flotation)

Facts used in scoring: 8

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Gold and silver recoveries in the lead concentrate are high (74% and 86% respectively).

Evidence · text

“Silver and gold recoveries have been developed by the Qualified Person for use in a Preliminary Economic Assessment to be 74% and 86%, respectively.”

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release details specific QA/QC procedures including blanks, duplicates, and standards.

Evidence · text

“The Company has implemented QA/QC procedures, which include the insertion of blank, duplicate, and standard samples”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The test work was described as bench-scale open circuit flotation tests.

Evidence · text

“The tests conducted were bench-scale open circuit flotation tests.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("flotation")

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route ("gravity")

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 3 distinct composites were tested

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Metallurgical Results (8)

flotationPlomosas Project · silverHead Grade: 109Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Plomosas Project
Commodity
silver
Region
mexico
Reported Region
Mexico
Ticker
GRSL

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
SGS composite feed sample

Recovery

Head Grade
109
Head Grade Unit
g/t

Lab

Laboratory
SGS Mexico

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-05T00:00:00.000Z

Reasoning: High-grade silver feed grade confirmed in composite sample.

Evidence · table

“109”

Context: SGS

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationPlomosas Project · goldHead Grade: 2.69Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Plomosas Project
Commodity
gold
Region
mexico
Reported Region
Mexico
Ticker
GRSL

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
SGS composite feed sample

Recovery

Head Grade
2.69
Head Grade Unit
g/t

Lab

Laboratory
SGS Mexico

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-05T00:00:00.000Z

Reasoning: High-grade gold feed grade confirmed in composite sample.

Evidence · table

“2.69”

Context: SGS

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationPlomosas Project · silverHead Grade: 105Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Plomosas Project
Commodity
silver
Region
mexico
Reported Region
Mexico
Ticker
GRSL

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
SGM composite feed sample

Recovery

Head Grade
105
Head Grade Unit
g/t

Lab

Laboratory
SGM

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-05T00:00:00.000Z

Reasoning: High-grade silver feed grade confirmed in composite sample.

Evidence · table

“105”

Context: SGM

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationPlomosas Project · goldHead Grade: 2.7Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Plomosas Project
Commodity
gold
Region
mexico
Reported Region
Mexico
Ticker
GRSL

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
SGM composite feed sample

Recovery

Head Grade
2.7
Head Grade Unit
g/t

Lab

Laboratory
SGM

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-05T00:00:00.000Z

Reasoning: High-grade gold feed grade confirmed in composite sample.

Evidence · table

“2.70”

Context: SGM

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationPlomosas Project · silverRecovery: 71.5 %Head Grade: 721Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Plomosas Project
Commodity
silver
Region
mexico
Reported Region
Mexico
Ticker
GRSL

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Lead Rougher Concentrate

Recovery

Recovery
71.5 %
Recovery Basis
actual_test
Head Grade
721
Head Grade Unit
g/t

Lab

Laboratory
SGM

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-05T00:00:00.000Z

Reasoning: Strong silver recovery reported in rougher stage.

Positive factors

  • High silver recovery into lead concentrate

Evidence · table

“721”

Context: 10.06

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 71.5% is below the weak band (75%)

flotationPlomosas Project · goldRecovery: 77.9 %Head Grade: 16Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Plomosas Project
Commodity
gold
Region
mexico
Reported Region
Mexico
Ticker
GRSL

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Lead Rougher Concentrate

Recovery

Recovery
77.9 %
Recovery Basis
actual_test
Head Grade
16
Head Grade Unit
g/t

Lab

Laboratory
SGM

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-05T00:00:00.000Z

Reasoning: Strong gold recovery reported in rougher stage.

Positive factors

  • High gold recovery into lead concentrate

Evidence · table

“16”

Context: 10.06

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 77.9% is below the weak band (80%)

flotationPlomosas Project · goldRecovery: 86 %Head Grade: 22.75Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Plomosas Project
Commodity
gold
Region
mexico
Reported Region
Mexico
Ticker
GRSL

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Lead Concentrate (Cleaner)

Recovery

Recovery
86 %
Recovery Basis
actual_test
Head Grade
22.75
Head Grade Unit
g/t

Lab

Laboratory
SGM

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-05T00:00:00.000Z

Reasoning: Cleaner stage significantly improves gold recovery.

Positive factors

  • Successful increase in gold recovery vs 2021 test work

Evidence · table

“22.75”

Context: 5.5

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationPlomosas Project · silverRecovery: 74 %Head Grade: 839Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Plomosas Project
Commodity
silver
Region
mexico
Reported Region
Mexico
Ticker
GRSL

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Lead Concentrate (Cleaner)

Recovery

Recovery
74 %
Recovery Basis
actual_test
Head Grade
839
Head Grade Unit
g/t

Lab

Laboratory
SGM

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-05T00:00:00.000Z

Reasoning: High silver grade and recovery in cleaner stage.

Positive factors

  • High silver recovery in cleaner concentrate

Evidence · table

“839”

Context: 5.5

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 74% is below the weak band (75%)

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.