Silver Dollar Identifies Two New IP Anomalies at the Ranger-Page Project Where Drilling is in Progress
Silver Dollar Resources (SLVDF) has received the final interpretation report on induced polarization (IP) surveys at its Ranger-Page Project in Idaho's Silver Valley. The report identified two new significant prospects: the Osburn Prospect, located in the footwall of the Osburn Fault, and the West Buckeye Prospect, positioned between the Buckeye and Spring Faults.
The Osburn Prospect shows a unique anomaly approximately 200 meters below ground surface, while the West Buckeye Prospect exhibits an anomalous polarization response with a surface expression of 450 meters. The company is currently conducting drilling operations at the Crown Point Target and plans to follow up on these new prospects with soil geochemical surveys during the 2025 field season.
Silver Dollar Resources (SLVDF) ha ricevuto l'ultimo rapporto di interpretazione sui sondaggi di polarizzazione indotta (IP) presso il suo progetto Ranger-Page nella Silver Valley dell'Idaho. Il rapporto ha identificato due nuovi risultati significativi: il Progetto Osburn, situato nel piede della Faglia Osburn, e il Progetto West Buckeye, posizionato tra le Faglie Buckeye e Spring.
Il Progetto Osburn presenta un'anomalia unica a circa 200 metri sotto la superficie del suolo, mentre il Progetto West Buckeye mostra una risposta di polarizzazione anomala con un'espressione superficiale di 450 metri. Attualmente, l'azienda sta conducendo operazioni di perforazione presso il Target Crown Point e prevede di seguire questi nuovi progetti con sondaggi geochimici del suolo durante la stagione di campagna del 2025.
Silver Dollar Resources (SLVDF) ha recibido el informe final de interpretación sobre las encuestas de polarización inducida (IP) en su proyecto Ranger-Page en el Valle de Silver de Idaho. El informe identificó dos nuevos prospectos significativos: el Prospecto Osburn, ubicado en el costado de la Falla Osburn, y el Prospecto West Buckeye, situado entre las Fallas Buckeye y Spring.
El Prospecto Osburn presenta una anomalía única a aproximadamente 200 metros bajo la superficie del suelo, mientras que el Prospecto West Buckeye exhibe una respuesta de polarización anómala con una expresión superficial de 450 metros. La empresa está llevando a cabo operaciones de perforación en el objetivo Crown Point y planea dar seguimiento a estos nuevos prospectos con encuestas geochemicas de suelo durante la temporada de campo de 2025.
실버 달러 리소스(SLVDF)는 아이다호 실버 밸리의 레인저-페이지 프로젝트에서 유도 분극(IP) 조사에 대한 최종 해석 보고서를 받았습니다. 이 보고서는 두 개의 새로운 중요한 탐사 지역을 확인했습니다: 오스번 탐사 지역, 오스번 단층의 판상부에 위치한 곳과 웨스트 벅아이 탐사 지역, 벅아이와 스프링 단층 사이에 자리잡고 있습니다.
오스번 탐사 지역은 지표면 아래 약 200미터에서 독특한 이상현상을 보여주며, 웨스트 벅아이 탐사 지역은 450미터의 표면 표현을 가진 이상 분극 반응을 보입니다. 현재 이 회사는 크라운 포인트 목표에서 시추 작업을 수행 중이며, 2025년 현장 시즌 동안 이러한 새로운 탐사 지역에 대한 토양 지화학 조사를 진행할 예정입니다.
Silver Dollar Resources (SLVDF) a réceptionné le rapport d'interprétation final sur les enquêtes de polarisation induite (IP) concernant son projet Ranger-Page dans la Silver Valley, dans l'Idaho. Ce rapport a identifié deux nouvelles perspectives significatives : la Perspective Osburn, située dans le pied de la faille Osburn, et la Perspective West Buckeye, positionnée entre les failles Buckeye et Spring.
La Perspective Osburn montre une anomalie unique à environ 200 mètres sous la surface, tandis que la Perspective West Buckeye présente une réponse de polarisation anormale avec une expression en surface de 450 mètres. L'entreprise mène actuellement des opérations de forage au niveau de la cible Crown Point et prévoit de suivre ces nouvelles perspectives avec des enquêtes géochimiques du sol durant la saison de terrain 2025.
Silver Dollar Resources (SLVDF) hat den endgültigen Interpretationsbericht über induzierte Polarisation (IP)-Untersuchungen in seinem Ranger-Page-Projekt im Silver Valley in Idaho erhalten. Der Bericht hat zwei neue bedeutende Aussichten identifiziert: die Osburn-Aussicht, die im Fußbereich der Osburn-Verwerfung liegt, und die West Buckeye-Aussicht, die zwischen den Buckeye- und Spring-Verwerfungen positioniert ist.
Die Osburn-Aussicht zeigt eine einzigartige Anomalie etwa 200 Meter unter der Erdoberfläche, während die West Buckeye-Aussicht eine anomale Polarisationsreaktion mit einem Oberflächenausdruck von 450 Metern zeigt. Das Unternehmen führt derzeit Bohrarbeiten am Crown Point-Ziel durch und plant, diesen neuen Aussichten während der Feldsaison 2025 mit Boden-geochemischen Untersuchungen nachzugehen.
- Discovery of two new prospective exploration targets through IP surveys
- Strategic location near existing infrastructure and skilled workforce
- Project area encompasses six historic mines
- Active drilling program currently in progress at Crown Point Target
- None.
The Ranger-Page land package covers six historic mines and is ideally situated in Idaho's Silver Valley near Interstate 90 with year-round access to power, water, local infrastructure and a workforce skilled in exploration and mining
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") is pleased to report findings from the final interpretation report received on the reconnaissance induced polarization and resistivity (IP) surveys previously completed at Silver Dollar's Ranger-Page Project in Idaho's Silver Valley.
Figure 1: Plan view of the Coeur d'Alene Mining District and location of the Ranger-Page Project.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/Ranger-Page_Silver-Valley.jpg
Durango Geophysical Operations (DGO) carried out IP surveys over portions of the Ranger-Page mineral production trend, and their final report has provided additional insights into the IP results previously reported. Silver Dollar is incorporating DGO's conclusions and recommendations into its target development model to fine-tune drill hole collar locations, orientations, and depths to test the various targets; and to determine which prospects require additional fieldwork to define potential targets worthy of drill testing.
A key takeaway from the final report is the identification of two new prospects that justify follow-up work: the Osburn Prospect is in the immediate footwall of the Osburn Fault, a major structure in the Coeur d'Alene Mining District, and the West Buckeye Prospect, a polarization anomaly between the Buckeye and Spring Faults (Figure 2).
Figure 2: Plan view of the Ranger-Page target portfolio with the location of the Osburn and West Buckeye prospects.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/RP_Osburn-West-Buckeye-prospects.jpg
Osburn Prospect
At Ranger-Page, Prichard Formation argillites north of the Osburn Fault show a strong baseline polarization response relative to other lithologies on the project (St. Regis and Revett Formations). A detailed review of these data shows a subtle change in the polarization, indicating a unique anomaly approximately 200 meters below ground surface (Figure 3).
Figure 3: Cross section looking west showing the Osburn Prospect polarization anomaly.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/RP_Osburn-Prospect-polarization-anomaly.jpg
Multiple mines and prospects in the Coeur d'Alene Mining District are adjacent to or near the Osburn Fault. At Ranger-Page, the Crown Point mine is in the immediate hanging wall of the Osburn Fault and is the focus of Silver Dollar's exploration drilling program in progress. In the Footwall of the Osburn Fault, the OK vein and the newly identified Osburn Prospect are two examples of interesting exploration prospects.
West Buckeye Prospect
The West Buckey Prospect is an anomalous polarization response identified by DGO in 2022 and verified in their 2024 final interpretation report. The anomaly is interpreted to be near the St. Regis - Revett formation contact and between the Buckeye and Spring faults, which are two important through-going structures within the Ranger-Page land package. The anomaly shown in Figure 4 is also easily identified in raw IP data viewed in Leapfrog Geo 3D modeling software and has a surface expression of 450 meters. This prospect is located in the hanging wall of the Curlew and Tony Veins, which were extracted at the Blackhawk and Page mines immediately north of this area.
Figure 4: Cross section looking west showing the West Buckeye prospect polarization response relative to background polarization seen in typical Ranger-Page host lithologies.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/RP_West-Buckeye-IP-Response.jpg
Figure 5: Plan view showing the West Buckeye prospect relative to other targets on the Ranger-Page Project.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/RP_West-Buckeye-Prospect-Other-Targets.jpg
"The conclusions and recommendations from the final IP interpretation report have been utilized in refining the drill hole collar locations, orientations, and proposed depths in our current drilling program at the Crown Point Target," said Mike Romanik, President of Silver Dollar. "The pleasant surprise in the final IP report is the addition of two new prospects to the Ranger-Page target portfolio that we plan to followed-up on with soil geochemical surveys during the 2025 field season."
Photo 1: Drilling in progress at the Crown Point Target.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/RP_CP-Drilling_w.jpg
Dale Moore, P.Geo., an independent Qualified Person (QP) as defined in National Instrument 43-101, has reviewed and approved the technical contents of this news release on behalf of the Company.
About Silver Dollar Resources Inc.
Silver Dollar is a dynamic mineral exploration company focused on two of North America's premier mining regions: Idaho's prolific Silver Valley and the Durango-Zacatecas silver-gold belt. Our portfolio includes the advanced-stage Ranger-Page and La Joya projects, along with the early-stage Nora project. The Company's financial backers include renowned mining investor Eric Sprott, our largest shareholder. Silver Dollar's management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.
For additional information, you can download our latest presentation here and follow us on X here.
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/233964
FAQ
What are the two new prospects identified at Silver Dollar's (SLVDF) Ranger-Page Project?
What is the size of the West Buckeye Prospect's surface expression at SLVDF's Ranger-Page Project?
When will SLVDF conduct soil geochemical surveys on the new prospects?
How deep is the anomaly at the Osburn Prospect in SLVDF's Ranger-Page Project?
