Silver One Res Inc - SLVRF STOCK NEWS

Silver One Resources Inc. announces promising results from initial metallurgical testing using a cyanide-free leaching process that could potentially double silver recoveries and reduce leaching times. The innovative technology, developed by Extrakt Processing Solutions, , has shown significant improvements in silver extraction efficiency, with positive environmental implications.

Silver One Resources Inc. has exercised its option to acquire a 100% interest in the high-grade Phoenix Silver Project, located within the 'Arizona Silver Belt'. The project covers 6,141 hectares along a prolific 30+km long mineralized trend hosting past and current producing silver and copper mines. The company has secured a drill permit for high-grade silver targets and has detected very high-grade native silver vein fragments, including a 189 kg specimen estimated to contain over 70% silver and an 8.5 kg specimen assaying 459,000 g/t silver. The project also hosts regional trending veins and breccia zones with potential for very high-grade silver mineralization and porphyry-related copper mineralization. In order to acquire the project, Silver One paid US$350,000 and issued ten million common shares over 3 years to the property vendors, with a 2% NSR on the central portion of the claim block.

Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) announces the extension of the expiry date of 8,297,000 share purchase warrants issued to subscribers under the Company's private placement. The exercise price of $0.40 and all other terms of the warrants will remain unchanged for the extended exercise period.

Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) has expanded its Phoenix Silver Project near Globe, Arizona, by staking additional claims to cover potential porphyry copper targets. The property now covers 6,141 hectares and is set for exploration of very high-grade silver targets and potential porphyry copper targets in 2024.

Silver One Resources Inc. (SVE:TSXV) (SLVRF:OTCQX) (BRK1:FSE) expands Phoenix Silver Project with additional claims, covering potential high-grade silver and porphyry copper targets. The new claims strategically secure 260 unpatented lode claims covering 2,090 hectares in an area renowned for its geological copper and silver potential. The property now extends over 6,141 hectares, aligning with the company's commitment to seek and take advantage of opportunities to grow.

Silver One Resources has announced the staking of new claims at its Phoenix Silver Project in Arizona, expanding its ground holdings. The newly staked claims cover important magnetic anomalies that are potentially related to deep porphyry copper systems. The company's focus remains on exploring the high-grade silver targets within the property, but this land expansion also provides an opportunity for new copper discoveries. The property now covers a total of 4,051 hectares in 514 lode claims.

Silver One Resources Inc. announces that silver recoveries on oxide and mixed mineralization at its Candelaria Project in Nevada average 66%, exceeding historical production recoveries of 51%. The addition of High Pressure Grinding Rollers (HPGR) crushing prior to leaching contributed to the improved results. The company is conducting further studies to enhance silver and gold recoveries.