Silver Dollar Engages Tamarack Geological Services to Lead Exploration at its Ranger-Page Project in Idaho's Silver Valley
Rhea-AI Summary
Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) has engaged Dale Moore, P.Geo., and Tamarack Geological Services to lead exploration at its Ranger-Page Project in Idaho's Silver Valley. The project is located in the Coeur d'Alene Mining District, a top producer of silver, lead, and zinc. Dale Moore brings 14 years of experience in the district, and his team has worked on every major mining project in the area.
The Ranger-Page Project covers six historic mines and is near essential infrastructure. Key exploration targets include areas up and down plunge from historic underground mining, along strike where ground IP surveys show anomalies, and where surface trenching identified near-surface mineralization. The project is described as drill-ready in a world-class silver district.
Positive
- Engagement of experienced geological team with local expertise
- Project located in a top-producing silver, lead, and zinc district
- Drill-ready status with multiple defined targets
- Proximity to essential infrastructure and skilled workforce
- Coverage of six historic mines within the project area
Negative
- None.
News Market Reaction – SLVDF
In the trading session that priced this news, SLVDF gained 3.80%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The drill ready Ranger-Page Project is located in the Coeur d'Alene Mining District that ranks among the world's top producers of silver, lead and zinc
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2024) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") is pleased to announce the engagement of Dale Moore, P.Geo., and owner of Tamarack Geological Services, to manage exploration at its recently acquired Ranger-Page Project in Idaho's Silver Valley.
Dale is a registered professional geologist in Idaho and Washington state, with 14 years of experience working in the Coeur d'Alene Mining District. Dale and his team at Tamarack have worked on every major mining project in the Coeur d'Alene Mining District and numerous other projects in North America.
Figure 1: Location of the Ranger-Page Project in the Coeur d'Alene Mining District.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/Ranger-Page_Silver-Valley.jpg
The Team at Ranger-Page will consist of Tamarack's most experienced Silver Valley geologists, who as a group have logged several miles of exploration drill core delineating some of the Coeur d'Alene Mining District's most prolific ore deposits, including the Lucky Friday, Galena Complex, and Sunshine mines.
"Dale and the Tamarack team worked with the previous operator on the Ranger-Page Project and are the logical choice to oversee our exploration programs," said Mike Romanik, President of Silver Dollar. "They did an exceptional job in defining multiple targets over the last two years and we are excited to commence drill testing those targets on a priority basis."
Figure 2: Ranger-Page claim groups, underground mine workings, and new target areas.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/Ranger-Page_Claims-Targets.jpg
About the Ranger-Page Project
Ranger-Page is a drill-ready project in a world-class silver district. The land package covers six historic mines and is ideally situated near Interstate 90 with year-round access to power, water, local infrastructure and a workforce in the Silver Valley skilled in exploration and mining. The primary target areas are up and down plunge from historic underground mining, along strike where ground induced polarization (IP) surveys identify anomalies, and where surface trenching identified near surface mineralization. Additional exploration targets have also been identified away from historic mine infrastructure, using soil geochemical data, mapping, and ground IP survey data.
About Silver Dollar Resources Inc.
Silver Dollar is a mineral exploration company that is fully funded to execute its near-term exploration plans having closed its last financing with lead orders from billionaire mining investor Eric Sprott and NYSE-listed First Majestic Silver. The Company's primary projects lie within Idaho's prolific Silver Valley and the Durango-Zacatecas silver-gold belt and include the advanced exploration stage Ranger-Page and La Joya projects and the early exploration stage Nora project. Management has an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.
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ON BEHALF OF THE BOARD
Signed "Michael Romanik"
Michael Romanik,
President, CEO & Director
Silver Dollar Resources Inc.
Direct line: (204) 724-0613
Email: mike@silverdollarresources.com
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
Forward-Looking Statements:
This news release may contain "forward-looking statements." Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222143