Silver Dollar Outlines Exploration Drilling Plan for Ranger-Page Project in Idaho's Silver Valley
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 ha annunciato il suo piano di perforazione iniziale per il Ranger-Page Project nella Silver Valley dell'Idaho. Il progetto, che copre sei miniere storiche, si trova nel distretto minerario di Coeur d'Alene, vicino a infrastrutture essenziali. Tecniche di esplorazione moderne applicate dal 2022 hanno identificato molteplici anomalie di polarizzazione indotta vicino ad aree minerarie storiche. L'obiettivo iniziale di perforazione è l'area della Crown Point Mine, che storicamente ha prodotto minerali di argento e piombo di alta qualità. Sono pianificati tre fori per testare un'anomalia di polarizzazione profonda a 190 metri sotto i lavori minerari più bassi, con l'obiettivo di espandere la superficie mineralizzata.
Silver Dollar Resources ha anunciado su plan de perforación inicial para el Ranger-Page Project en el Silver Valley de Idaho. El proyecto, que cubre seis minas históricas, se encuentra en el distrito minero de Coeur d'Alene, cerca de infraestructura esencial. Las técnicas modernas de exploración aplicadas desde 2022 han identificado múltiples anomalías de polarización inducida cerca de áreas mineras históricas. El objetivo inicial de perforación es el área de la Crown Point Mine, que históricamente ha producido minerales de plata y plomo de alta calidad. Se planean tres perforaciones para probar una anomalía de polarización profunda a 190 metros por debajo de los trabajos mineros más bajos, con el objetivo de expandir la huella mineralizada.
실버 달러 리소스는 아이다호 실버 밸리의 레인저-페이지 프로젝트를 위한 초기 탐사 굴착 계획을 발표했습니다. 이 프로젝트는 여섯 개의 역사적인 광산을 포함하고 있으며, 필수 인프라 인근의 코도르알레네 광산 구역에 위치해 있습니다. 2022년 이후 적용된 현대 탐사 기술은 역사적인 채굴 지역 근처에서 여러 개의 유도 극화 이상을 식별했습니다. 초기 굴착 목표는 역사적으로 고급 은-납 광석을 생산한 크라운 포인트 광산 지역입니다. 세 개의 구멍이 가장 낮은 광산 작업 아래 190미터 깊이에 있는 극화 이상을 테스트하기 위해 계획되어 있으며, 광물 자원의 영향을 확장하는 것을 목표로 합니다.
Silver Dollar Resources a annoncé son plan de forage d'exploration initial pour le Ranger-Page Project dans la Silver Valley de l'Idaho. Le projet, qui couvre six mines historiques, est situé dans le district minier de Coeur d'Alene, près d'infrastructures essentielles. Des techniques modernes d'exploration appliquées depuis 2022 ont identifié plusieurs anomalies de polarisation induite près des zones minières historiques. L'objectif initial de forage est la zone de la Crown Point Mine, qui a historiquement produit des minerais d'argent et de plomb de haute qualité. Trois forages sont prévus pour tester une anomalie de polarisation profonde à 190 mètres sous les travaux miniers les plus bas, visant à étendre l'empreinte minéralisée.
Silver Dollar Resources hat seinen ersten Explorationsbohrplan für das Ranger-Page Project im Silver Valley, Idaho, bekannt gegeben. Das Projekt umfasst sechs historische Minen und befindet sich im Bergbaugebiet Coeur d'Alene in der Nähe wichtiger Infrastrukturen. Moderne Explorationsmethoden, die seit 2022 angewendet werden, haben mehrere induzierte Polarisationanomalien in der Nähe historischer Bergbaugebiete identifiziert. Das anfängliche Bohrziel ist das Gebiet der Crown Point Mine, das historische hochgradige Silber-Blei-Erze produziert hat. Drei Bohrungen sind geplant, um eine tiefe Polarisationanomalie 190 Meter unter den niedrigsten Bergbauarbeiten zu testen, mit dem Ziel, die mineralisierte Fläche zu erweitern.
- Historical high-grade production at Crown Point Mine with up to 80 oz/ton silver and 65% lead
- Strategic location near infrastructure and skilled workforce
- Multiple IP anomalies identified through modern exploration techniques
- Proximity to Bunker Hill Mine, which is scheduled to restart production in 2025
- None.
Ranger-Page Project is located in the Coeur d'Alene Mining District, a world-class silver district where over 90 mines have operated since the first major silver-lead-zinc discovery was staked in 1884
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2024) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") is pleased to announce its initial exploration plan for the fall drilling program at the Ranger-Page Project.
The Ranger-Page 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.
Figure 1: 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
Drill target development at Ranger-Page began in 2022 with the application of modern exploration techniques for the first time. This included a comprehensive ground induced polarization (IP) geophysical survey that identified numerous IP anomalies that are up- and down-plunge and along strike from historic underground mining, 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 the ground IP survey data (Figure 2).
Figure 2: Ranger-Page network of faults and IP anomalies dipping along faults toward the south.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/Ranger-Page_IP-Anomalies.jpg
The initial drill target is the Crown Point Mine area, which is located within a kilometre of the Bunker Hill Mine (Figure 1) that was in production from 1885 to 1981 and is scheduled to restart production in the first half of 2025.
Based on the limited historical records available, mining at Crown Point started in the late 1800s with the first 3,000 tons shipped from the mine being high-grade supergene ores with up to 80 ounces per ton silver and
The 2022 IP survey identified a deep polarization anomaly down-plunge from the historic Crown Point Mine that has never been drill tested. The anomaly is coincident with surface geochemical data and positive trenching results over the area, which has improved the confidence level in this target, and it will be the first to be drill tested in 2024. Three holes are initially planned to test the deep anomaly with the objectives of expanding the mineralized footprint 190 metres below the lowest mine workings and locating the deep projection of the Crown Point mineralized system along with the historically reported Shea Zone and the Osburn Fault Zone (Figure 3).
Figure 3: Crown Point target looking north with polarization anomaly and proposed drill holes.
To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/Crown-Point-Target-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.
Referenced Source:
1. USGS - The Geology and ore deposits of the Coeur d'Alene district, Idaho
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229492
FAQ
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