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Silver Dollar Prepares for Discovery-Stage Drilling at its Ranger-Page Project in Idaho's Silver Valley

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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) si sta preparando per perforazioni in fase di scoperta presso il suo progetto Ranger-Page nella Silver Valley dell'Idaho. Il progetto si trova nel distratto minerario di Coeur d'Alene, una regione argentea di livello mondiale. I punti salienti includono:

1. Progetto pronto per la perforazione in un distretto con oltre 90 miniere storiche
2. Eccellente infrastruttura e manodopera locale qualificata
3. Consolidamento di due gruppi di rivendicazioni minerarie brevettate per un totale di 1.205 acri
4. Molteplici obiettivi di esplorazione identificati utilizzando tecniche moderne
5. Confina con la miniera di Bunker Hill, che si prevede di riavviare nel Q4 2024

La società sta procedendo con l'ottenimento dei permessi e contattando i contraenti per la campagna di perforazione iniziale. La posizione e il potenziale del progetto lo rendono un'opportunità significativa per Silver Dollar nel settore minerario dell'argento.

Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) se está preparando para perforaciones en fase de descubrimiento en su Proyecto Ranger-Page en el Valle de Plata de Idaho. El proyecto se encuentra en el Distrito Minero de Coeur d'Alene, una región de plata de clase mundial. Los aspectos más destacados incluyen:

1. Proyecto listo para perforar en un distrito con más de 90 minas históricas
2. Excelente infraestructura y mano de obra local calificada
3. Consolidación de dos grupos de reclamaciones patentadas que suman un total de 1,205 acres
4. Múltiples objetivos de exploración identificados utilizando técnicas modernas
5. Limita con la mina Bunker Hill, que se espera reinicie en el cuarto trimestre de 2024

La compañía está avanzando con la obtención de permisos y contactando contratistas para la campaña de perforación inicial. La ubicación y el potencial del proyecto lo convierten en una oportunidad significativa para Silver Dollar en el sector minero de la plata.

Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF)는 아이다호의 실버 밸리에 위치한 Ranger-Page 프로젝트에서 탐사 단계 시추를 준비하고 있습니다. 이 프로젝트는 세계적 수준의 은 지역인 코르 달레인 광산 지구에 있습니다. 주요 하이라이트는 다음과 같습니다:

1. 90개 이상의 역사적인 광산이 있는 지역에서 시추 준비 완료
2. 우수한 인프라와 숙련된 지역 노동력
3. 총 1,205 에이커에 이르는 두 개의 특허 토지 청구 그룹 통합
4. 현대 기술을 사용하여 확인된 여러 탐사 목표
5. 2024년 4분기에 재가동될 Bunker Hill 광산과 접경

회사는 최초 시추 캠페인을 위한 허가 절차를 진행하고 계약자를 접촉하고 있습니다. 프로젝트의 위치와 잠재력은 Silver Dollar이 은 광업 분야에서 중요한 기회를 창출하게 합니다.

Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) se prépare à des forages en phase de découverte pour son projet Ranger-Page dans la Silver Valley de l'Idaho. Le projet est situé dans le district minier de Coeur d'Alene, une région d'argent de renommée mondiale. Les points saillants comprennent :

1. Projet prêt à être foré dans un district avec plus de 90 mines historiques
2. Excellente infrastructure et main-d'œuvre locale qualifiée
3. Consolidation de deux groupes de revendications brevetées totalisant 1 205 acres
4. Plusieurs cibles d'exploration identifiées grâce à des techniques modernes
5. Voisins de la mine de Bunker Hill, qui doit redémarrer au quatrième trimestre 2024

L'entreprise procède à l'obtention des permis et à la prise de contact avec des entrepreneurs pour la campagne de forage initiale. L'emplacement et le potentiel du projet en font une opportunité significative pour Silver Dollar dans le secteur minier de l'argent.

Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) bereitet sich auf Erkundungsbohrungen in seinem Ranger-Page-Projekt im Silver Valley in Idaho vor. Das Projekt befindet sich im Coeur d'Alene Bergbaubezirk, einer weltbekannten Silberregion. Zu den wichtigsten Highlights gehören:

1. Bohrbereites Projekt in einem Bezirk mit über 90 historischen Minen
2. Hervorragende Infrastruktur und qualifizierte lokale Arbeitskräfte
3. Konsolidierung von zwei patentierten Verleihungen mit insgesamt 1.205 Acres
4. Mehrere Explorationsziele, die mithilfe moderner Techniken identifiziert wurden
5. Grenzt an die Bunker Hill Mine, die im vierten Quartal 2024 wieder in Betrieb genommen werden soll

Das Unternehmen arbeitet an der Genehmigung und kontaktiert Auftragnehmer für die erste Bohrkampagne. Die Lage und das Potenzial des Projekts machen es zu einer bedeutenden Gelegenheit für Silver Dollar im Silberbergbau.

Positive
  • Acquisition of a drill-ready project in the prolific Coeur d'Alene Mining District
  • Consolidation of two large patented lode claim groups totaling 1,205 acres
  • Multiple exploration targets identified using modern exploration techniques
  • Proximity to existing infrastructure and skilled workforce
  • No current royalties on the project's mineral rights
  • Option to acquire full ownership of the project's mineral rights
Negative
  • Potential high costs associated with permitting and initial drilling campaign
  • Exploration-stage project with no defined mineral resources or reserves yet
  • Possible environmental and regulatory challenges in a historic mining area

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 11, 2024) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") is pleased to announce it is proceeding with the necessary permitting and has contacted multiple contractors to bid on the initial drilling campaign at its recently acquired Ranger-Page Project in Idaho's Silver Valley.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7232/222839_d52109a804ad1864_001.jpg

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

Project Highlights:

  • A drill-ready project in a world-class silver district where over 90 mines have operated since the first major lead-zinc-silver discovery was staked in 1884.

  • Ideally situated approximately two kilometres (km) south of Interstate 90 Freeway and the town of Smelterville, the Project features power, water, year-round access to local infrastructure and a workforce skilled in exploration and mining.

  • The Project comprises two contiguous patented lode claim groups - Government Gulch (403 acres) and Page Mine (802 acres) - that consolidate the western end of the Silver Valley mining corridor under a single operator for the first time.

  • The land package covers six historic mines with the option to acquire ownership of the Project's mineral rights, which are not currently subject to any royalties.

  • Multiple exploration targets developed over the last two years using modern exploration techniques for the first time.

  • Primary target areas are up- and down-plunge from historic underground mining, along strike where ground IP surveys identify anomalies, and where surface trenching identified near surface mineralization.

  • Additional exploration targets have been identified away from historic mine infrastructure, using soil geochemical data, mapping, and ground IP survey data.

  • The Project borders the Bunker Hill mine that is on track to restart mining in Q4 2024.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7232/222839_d52109a804ad1864_002.jpg

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

Dale Moore, P.Geo., an independent Qualified Person (QP) as defined in NI 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 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.

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/222839

FAQ

What is the location of Silver Dollar's Ranger-Page Project?

The Ranger-Page Project is located in Idaho's Silver Valley, specifically in the Coeur d'Alene Mining District, approximately 2 km south of Interstate 90 Freeway and the town of Smelterville.

How many acres does the Ranger-Page Project cover?

The Ranger-Page Project covers a total of 1,205 acres, comprising two contiguous patented lode claim groups: Government Gulch (403 acres) and Page Mine (802 acres).

Are there any royalties on the Ranger-Page Project's mineral rights?

Currently, there are no royalties on the Ranger-Page Project's mineral rights. Silver Dollar has the option to acquire ownership of the project's mineral rights.

What is the stock symbol for Silver Dollar Resources on the OTCQX?

Silver Dollar Resources trades on the OTCQX under the stock symbol SLVDF.

When is the Bunker Hill mine, which borders the Ranger-Page Project, expected to restart operations?

The Bunker Hill mine, which borders the Ranger-Page Project, is on track to restart mining operations in Q4 2024.

SILVER DOLLAR RES INC

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