Welcome to our dedicated page for SILVER DOLLAR RES news (Ticker: SLVDF), a resource for investors and traders seeking the latest updates and insights on SILVER DOLLAR RES stock.
Silver Dollar Resources Inc. (SLVDF) is a mineral exploration company focused on the Nora Silver-Gold Property and the La Joya Silver Property in Durango, Mexico. The Company recently acquired a 100% interest in the Nora property and has commenced work on geological mapping and sampling of priority anomalies. Initial results have shown high-grade gold and silver at the main Candy Vein structure, confirming the presence of valuable mineralization. Silver Dollar is well-funded for its exploration plans and aims to define drill targets based on the ongoing fieldwork.
Silver Dollar Resources (SLVDF) has initiated its first diamond drilling program at the Ranger-Page Project in Idaho's Silver Valley. The initial target is the Crown Point Mine area, located within a kilometer of the Bunker Hill Mine. Historical records show Crown Point's early mining yielded high-grade ores with up to 80 ounces per ton silver and 65% lead. A 2022 IP survey identified an untested deep polarization anomaly below the historic mine. Three holes are planned to expand mineralization 190 metres below existing workings and locate the Crown Point system's deep projection.
Silver Dollar Resources has announced its initial exploration drilling plan for the Ranger-Page Project in Idaho's Silver Valley. The project, covering six historic mines, is located in the Coeur d'Alene Mining District near essential infrastructure. Modern exploration techniques applied since 2022 have identified multiple IP anomalies near historic mining areas. The initial drill target is the Crown Point Mine area, which historically produced high-grade silver-lead ores. Three holes are planned to test a deep polarization anomaly 190 metres below the lowest mine workings, aiming to expand the mineralized footprint.
Silver Dollar Resources has completed a non-brokered private placement financing raising $1.5 million through the issuance of 6 million units at $0.25 each. Strategic investor Eric Sprott contributed $750,000, now holding approximately 19.8% of Silver Dollar's shares on a partially diluted basis. Each unit includes one common share and a half warrant exercisable at $0.40 for two years. The proceeds will fund initial drilling at the recently acquired Ranger-Page Silver-Lead-Zinc Project in Idaho's Silver Valley, a drill-ready project encompassing six historic mines with access to infrastructure and skilled workforce.
Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) has hired Integri-Core for the initial drilling program at its recently acquired Ranger-Page Project in Idaho's Silver Valley. The project is located in the Coeur d'Alene Mining District, known for its high production of silver, lead, and zinc. Dale Moore, P.Geo., will oversee the drilling program as an independent Qualified Person.
Integri-Core was chosen for their all-inclusive cost per foot bid strategy, allowing for more accurate estimation of total drilling costs. The Ranger-Page Project covers six historic mines and is situated near essential infrastructure. Primary target areas include up and down plunge from historic underground mining, along strike where ground IP surveys identify anomalies, and where surface trenching identified near-surface mineralization.
Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) has received all necessary permits for exploration drilling at its Ranger-Page Project in Idaho's Silver Valley. The project is located in the Coeur d'Alene Mining District, known for its significant silver, lead, and zinc production. Approvals were obtained from the Idaho Department of Lands and the Idaho Department of Environmental Quality.
The Ranger-Page Project covers six historic mines and is strategically positioned near Interstate 90, with access to essential infrastructure. Key exploration targets include areas up- and down-plunge from historic underground mining, along strike where ground induced polarization (IP) surveys identify anomalies, and where surface trenching revealed near-surface mineralization.
With permits secured, Silver Dollar is now finalizing drilling contractor selection and preparing for mobilization to the property. The company aims to explore this drill-ready project in a world-class silver district, leveraging its strategic location and historical mining context.
Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) is preparing for discovery-stage drilling at its Ranger-Page Project in Idaho's Silver Valley. The project is located in the Coeur d'Alene Mining District, a world-class silver region. Key highlights include:
1. Drill-ready project in a district with over 90 historic mines
2. Excellent infrastructure and skilled local workforce
3. Consolidation of two patented lode claim groups totaling 1,205 acres
4. Multiple exploration targets identified using modern techniques
5. Borders the Bunker Hill mine, set to restart in Q4 2024
The company is proceeding with permitting and contacting contractors for the initial drilling campaign. The project's location and potential make it a significant opportunity for Silver Dollar in the silver mining sector.
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.
Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) has completed the acquisition of the Ranger-Page Project in Idaho's Silver Valley. The project is located in the Coeur d'Alene Mining District, a world-class silver, lead, and zinc producing area. Key highlights include:
- Drill-ready project with two contiguous patented lode claim groups covering 1,205 acres
- Consolidates the western end of the Silver Valley mining corridor
- Covers six historic mines with option to acquire mineral rights
- Multiple exploration targets developed over the last two years
- Borders the Bunker Hill mine set to restart in Q4 2024
The acquisition was completed for $300,000 cash and 6,000,000 shares at $0.30 per share, totaling $2,100,000. The company aims to focus on near-surface targets recently discovered outside the historic mining areas.
Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) has signed an agreement to acquire the Ranger-Page Project in Idaho's Silver Valley, a world-class silver district. The project includes two contiguous patented lode claim groups covering 1,205 acres and six historic mines. Key highlights include:
- Drill-ready project in a Tier 1 mining jurisdiction with existing infrastructure
- Located near the Bunker Hill mine, set to restart in Q4 2024
- Consolidates the western end of the Silver Valley mining corridor
- Multiple exploration targets developed using modern techniques
- Patented claims with ownership of surface and mineral rights
The acquisition involves CAD$300,000 cash and 6 million shares of Silver Dollar. The project offers significant exploration potential, both near-surface and at depth, based on historical data and recent exploration results.
FAQ
What is the current stock price of SILVER DOLLAR RES (SLVDF)?
What is the market cap of SILVER DOLLAR RES (SLVDF)?
What is the focus of Silver Dollar Resources Inc.?
What recent acquisition has Silver Dollar made?
What were the results of the recent fieldwork at the Nora property?
How is Silver Dollar preparing for future exploration?