Silver One Resources Inc. reports developments tied to silver exploration and project development in the southwestern United States. The company holds a 100% interest in the past-producing Candelaria Mine in Nevada, where news commonly covers drilling, heap-leach resource work, metallurgical testing, geotechnical studies and pre-feasibility activities.
Company updates also address the Cherokee project in Lincoln County, Nevada, which hosts silver-copper-gold vein systems, and the Silver Phoenix Project in Arizona, a native silver prospect in the Arizona Silver Belt. Recurring corporate news includes private placements, stock option grants, technical conference presentations and field-program results.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Silver One Resources Inc. has secured a drilling permit from the US Forest Service for its Phoenix Silver Project in Arizona. The project includes a notable target area featuring a 417-pound native silver-rich vein fragment estimated to contain up to 70% native silver. Previous assays on smaller fragments revealed silver concentrations of 459,000 g/t (14,688 oz/ton). The drilling program will consist of up to 40 diamond drill holes from 13 pads, targeting the 417 area due to its potential as a significant source of high-grade silver. Drilling is expected to begin in H1 2023, marking an exciting phase for Silver One as it explores this underdeveloped property.
Silver One Resources Inc. reported promising initial metallurgical test results from the Candelaria Project in Nevada. pXRF analysis from drill holes indicated high silver grades, with hole 132 returning 3,176 g/t silver and hole 134 showing 6,868 g/t silver. The tests confirm the presence of high-grade sulphide mineralization, with extensive potential for further exploration. While initial bottle-roll tests showed variable silver extractions, more definitive results are expected in Q1 2023. The company remains optimistic about the opportunities for near-term production and further mineralization expansion.