GR Silver Mining
- Company typePublic
- Founded2017
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
GR Silver Mining firmographics
Firmographics- Name
- GR Silver Mining
- Legal name
- GR Silver Mining Ltd.
- Website
- https://grsilvermining.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
GR Silver Mining industry classification
Industry- Product category
- Silver-Gold Mineral Exploration and Development
- NAICS
- Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Silver Mining (IMAKAEAB)
- akta.pro secondary industry
- Gold Mining (IMAKAEAA)
Keywords
Where GR Silver Mining is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
GR Silver Mining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Mineral Product Sales: Pre-revenue exploration stage company. Future revenue will be derived from the sale of extracted silver, gold, lead, zinc, and copper concentrates or refined metals through commodity markets and offtake agreements with smelters and refiners.
- Equity Capital Raisings: The company raises equity through public offerings (bought deal financings) and non-brokered private placements, issuing units comprising common shares and warrants. Major financings include $20M bought deal (Dec 2025), $13.8M private placement (Aug 2025), and $5.44M brokered placement (Aug 2022).
- Royalty Income (Discontinued): The company disposed of its 100% stake in Goldplay de Mexico, S.A. de C.V. to a private arm's-length Mexican company in exchange for a 1% NSR Royalty on the concessions (Feb 2026).
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
GR Silver Mining product offering
Product offeringCore offering
GR Silver Mining is a Canadian-based junior mineral exploration and development company advancing the Plomosas Silver Project in the historic Rosario Mining District of Sinaloa, Mexico. The company focuses on discovering, delineating, and expanding high-grade silver-gold-lead-zinc-copper resources across a 78 km² land package comprising the San Marcial Area, Plomosas Mine Area, and San Juan-La Colorada Area. Pre-revenue, the company raises equity capital to fund exploration drilling, resource estimation, metallurgical testing, and evaluation of past-producing mines for potential future reactivation.
Product overview
GR Silver Mining operates as a Canadian-based silver explorer and developer focused on the Plomosas Project, a district-scale portfolio of advanced-stage and high-grade silver-gold assets in Mexico. The company's portfolio comprises three interconnected components: the core Plomosas Project itself (78 km² of 100%-owned concessions), the San Marcial Area (a near-surface silver discovery with expansion potential), and the Plomosas Mine Area (a past-producing underground mine with existing infrastructure and permits). The company leverages existing infrastructure and permits to accelerate future development while pursuing resource expansion through exploration drilling.
Differentiator
Problem solved
Functional benefit
Products and services
- Plomosas Project A 78 km² advanced-stage silver-gold exploration and development project located on the southwestern edge of the Sierra Madre Occidental in Mexico, on the border between Durango and Sinaloa states. The project integrates the past-producing Plomosas Mine, San Juan-La Colorada Area, and the San Marcial Area discovery, with a March 2023 NI 43-101 resource estimate of 97 Moz Indicated and 53 Moz Inferred Silver Equivalent.
- San Marcial Area
- Plomosas Mine Area
Quantifiable outcome
- 97 Moz Indicated and 53 Moz Inferred Silver Equivalent resource (March 2023 NI 43-101 estimate)
- +4 more outcomes
Companies that use GR Silver Mining
Customer profileSegments1 record
Ideal customer profiles1 record
GR Silver Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
GR Silver Mining partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Private Arm's-Length Mexican CompanyminorAcquisition of GR Silver Mining's 100% stake in Goldplay de Mexico, S.A. de C.V. in exchange for a 1% NSR Royalty on the concessions. This transaction disposed of non-core assets while retaining royalty exposure to potential future value.
- SSR Mining (formerly Marlin Gold)minorHistorical option agreement on San Marcial Project with SSR Mining (formerly through the company's predecessor Goldplay Exploration). The company subsequently acquired 100% of San Marcial (May 2021) and completed disposition of non-core Marlin Gold assets.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
GR Silver Mining competitors and assessment
Company assessmentDirect peers
- Endeavour Silver: Intermediate silver producer with operations across Mexico including in Sinaloa/Durango area; directly comparable as a Mexico-focused silver company advancing similar silver-gold assets.
- Avino Silver & Gold Mines: Mexico-focused silver-gold producer with a single primary asset model; comparable in commodity mix, geography, and TSX-V/OTCQX listing structure relevant for a Mexican silver junior.
- Dolly Varden Silver: Canadian-listed silver-focused explorer advancing high-grade silver deposits; comparable as a TSX-V silver junior leveraging infrastructure and district-scale drilling to define ounces.
- Americas Gold & Silver: Silver-focused intermediate producer with Mexican operations; comparable as a silver-and-base-metals junior trading on TSX/OTCQX with similar commodity mix and exploration-to-development profile.
- Guanajuato Silver: Junior Mexico-focused silver producer operational in historic Guanajuato mining district; closely comparable as a small-cap Mexican silver junior progressing from exploration to production.
- Santacruz Silver Mining: Mexico-focused silver producer with Mexican project portfolio; comparable commodity mix, geography, and junior profile though already generating production.
- Impact Silver: Pre-production/early-producer silver junior operating in Mexico; comparable as a TSX-V-listed silver junior pursuing similar historic-district development thesis.
- MAG Silver: Silver-focused developer (Juanicipio in Mexico); closely comparable in commodity (silver), Mexico focus, and advanced-stage development profile prior to its Pan American acquisition.
Broad incumbents
- First Majestic Silver: Established Mexico-focused silver producer; historical counterparty that sold Plomosas Project to GR Silver in 2020—compares as a larger incumbent in the same commodity/region with broader production base.
Emerging players
- Heliostar Metals: Canada-listed precious metals developer with Mexican assets; comparable as a small-cap silver/gold junior progressing resource-stage projects in Mexico.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
GR Silver Mining social profiles
Digital presenceGR Silver Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
GR Silver Mining leadership team
Management profileNumber of profiles
Profiles10 records
GR Silver Mining subsidiaries and ownership
Company hierarchySubsidiaries1 record
GR Silver Mining funding detail
Funding detailFunding overview
Funding rounds12 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GR Silver Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GR Silver Mining
What does GR Silver Mining do?
GR Silver Mining is a Canadian-based junior mineral exploration and development company advancing the Plomosas Silver Project in the historic Rosario Mining District of Sinaloa, Mexico. The company focuses on discovering, delineating, and expanding high-grade silver-gold-lead-zinc-copper resources across a 78 km² land package comprising the San Marcial Area, Plomosas Mine Area, and San Juan-La Colorada Area. Pre-revenue, the company raises equity capital to fund exploration drilling, resource estimation, metallurgical testing, and evaluation of past-producing mines for potential future reactivation.
Is GR Silver Mining a public or private company?
GR Silver Mining is a public company. It is classified as public and is currently operating.
When was GR Silver Mining founded?
GR Silver Mining was founded in 2017. It employs 11 to 50 people.
Where is GR Silver Mining based?
GR Silver Mining is headquartered in Vancouver, Canada, in the North America region.
How does GR Silver Mining make money?
Three revenue lines are on record. Mineral Product Sales are the primary driver. The others are equity Capital Raisings and royalty Income (Discontinued).
Who are GR Silver Mining's main competitors?
Direct peers on record are Endeavour Silver, Avino Silver & Gold Mines, Dolly Varden Silver, Americas Gold & Silver, Guanajuato Silver, Santacruz Silver Mining, Impact Silver and MAG Silver. First Majestic Silver is listed as a broad incumbent. Heliostar Metals is listed as an emerging player.
Does GR Silver Mining have an API?
No public API is recorded for GR Silver Mining.
What industry is GR Silver Mining in?
GR Silver Mining's product category is Silver-Gold Mineral Exploration and Development. Its primary akta.pro industry code is IMAKAEAB, Silver Mining, with a secondary code of IMAKAEAA, Gold Mining. Its NAICS code is 212220 and its SIC code is 1040.