SILVER ONE COMMENCES ROAD AND PAD CONSTRUCTION IN PREPARATION FOR DRILLING AT ITS HIGH-GRADE PHOENIX SILVER PROJECT, ARIZONA
Silver One Resources Inc. (SLVRF) has begun road and drill pad construction at its Phoenix Silver Project near Globe, Arizona, preparing for a 2,500-meter diamond drilling program set to start in early October. The main target is the 417 Target Area, potentially the source of high-grade silver vein fragments, including a 417-pound specimen estimated to contain up to 70% native silver. Other samples have assayed up to 459,000 g/t silver.
The company also plans a ZTEM geophysical survey in late September to identify alteration and mineralization zones, particularly in the southern part of the property where samples have shown over 1% copper with high silver values. This mineralization may be related to a buried porphyry system similar to nearby copper complexes.
Silver One Resources Inc. (SLVRF) ha iniziato la costruzione della strada e delle piattaforme di perforazione nel suo Phoenix Silver Project vicino a Globe, Arizona, preparando un programma di perforazione diamantata di 2.500 metri che dovrebbe iniziare all'inizio di ottobre. L'obiettivo principale è l'Area Obiettivo 417, potenzialmente la fonte di frammenti di vena d'argento ad alto grado, inclusi un esemplare di 417 libbre stimato contenente fino al 70% di argento nativo. Altri campioni hanno mostrato contenuti fino a 459.000 g/t di argento.
L'azienda prevede anche un sondaggio geofisico ZTEM a fine settembre per identificare zone di alterazione e mineralizzazione, in particolare nella parte meridionale della proprietà dove i campioni hanno mostrato oltre l'1% di rame con alti valori d'argento. Questa mineralizzazione potrebbe essere correlata a un sistema porfirico sepolto simile a complessi di rame vicini.
Silver One Resources Inc. (SLVRF) ha comenzado la construcción de caminos y plataformas de perforación en su Phoenix Silver Project cerca de Globe, Arizona, preparándose para un programa de perforación de diamante de 2,500 metros que comenzará a principios de octubre. El objetivo principal es el Área Objetivo 417, que podría ser la fuente de fragmentos de veta de plata de alta calidad, incluido un espécimen de 417 libras estimado en contener hasta un 70% de plata nativa. Otros muestras han analizado hasta 459,000 g/t de plata.
La empresa también planea realizar un estudio geofísico ZTEM a finales de septiembre para identificar zonas de alteración y mineralización, particularmente en la parte sur de la propiedad donde las muestras han mostrado más del 1% de cobre con altos valores de plata. Esta mineralización podría estar relacionada con un sistema porfirítico enterrado similar a los complejos de cobre cercanos.
Silver One Resources Inc. (SLVRF)는 애리조나주 글로브 근처의 Phoenix Silver Project에서 도로 및 드릴 패드 건설을 시작했으며, 10월 초에 시작될 2,500미터 다이아몬드 드릴링 프로그램을 준비하고 있습니다. 주요 목표는 높은 등급의 은 vein 조각의 출처일 가능성이 있는 417 타겟 지역으로, 70%의 원주율을 포함할 것으로 추정되는 417파운드 샘플이 포함되어 있습니다. 다른 샘플은 최대 459,000g/t 은으로 분석되었습니다.
회사는 또한 9월 말에 ZTEM 지구 물리적 조사를 계획하여 특히 샘플에서 1% 이상의 구리와 높은 은 값을 보여주는 부동산 남부 지역의 변화와 광물화 구역을 식별할 것입니다. 이 광물화는 인근 구리 단지와 유사한 매장된 포르피리 시스템과 관련이 있을 수 있습니다.
Silver One Resources Inc. (SLVRF) a commencé la construction de routes et de plateformes de forage dans son Phoenix Silver Project près de Globe, en Arizona, se préparant à un programme de forage en diamant de 2 500 mètres qui devrait débuter début octobre. L'objectif principal est la zone cible 417, potentiellement la source de fragments de veines d'argent de haute qualité, y compris un spécimen de 417 livres estimé à contenir jusqu'à 70 % d'argent natif. D'autres échantillons ont révélé des concentrations allant jusqu'à 459 000 g/t d'argent.
L'entreprise prévoit également une sondage géophysique ZTEM fin septembre pour identifier les zones d'altération et de minéralisation, en particulier dans la partie sud de la propriété où les échantillons ont montré plus de 1 % de cuivre avec de fortes valeurs argent. Cette minéralisation pourrait être liée à un système porphyrique enfoui similaire à des complexes de cuivre voisins.
Silver One Resources Inc. (SLVRF) hat mit dem Bau von Straßen und Bohrplattformen in seinem Phoenix Silver Project nahe Globe, Arizona, begonnen und bereitet ein 2.500 Meter Diamantbohrprogramm vor, das Anfang Oktober starten soll. Das Hauptziel ist das 417 Zielgebiet, das möglicherweise die Quelle von hochgradigen Silberaderfragmente ist, einschließlich eines 417-Pfund-Probenstücks, das schätzungsweise bis zu 70% natives Silber enthalten soll. Andere Proben haben bis zu 459.000 g/t Silber aufgewiesen.
Das Unternehmen plant außerdem eine ZTEM-geophysikalische Untersuchung Ende September, um Veränderungs- und Mineralisierungszonen zu identifizieren, insbesondere im südlichen Teil des Grundstücks, wo Proben über 1% Kupfer mit hohen Silberwerten gezeigt haben. Diese Mineralisation könnte mit einem begrabenen Porphyrsystem ähnlich den nahegelegenen Kupferkomplexen verbunden sein.
- Commencement of road and drill pad construction for a 2,500-meter diamond drilling program
- Main target area potentially contains extremely high-grade silver, with samples assaying up to 459,000 g/t silver
- Planned ZTEM geophysical survey to identify additional mineralization zones
- Potential for a buried porphyry system with over 1% copper and high silver values in the southern part of the property
- None.
DRILL TARGETS INCLUDE VEIN STRUCTURES THAT ARE POTENTIAL SOURCE OF MULTIPLE VEIN FRAGMENTS INCLUDING A 417 POUND NATIVE SILVER-RICH VEIN FRAGMENT
Forest Service fire restrictions have been lifted in the project area and road construction has started in preparation for drilling by the first week of October. The main drill target is the 417 Target Area which includes the potential source of very high-grade silver vein fragments located around the 417
The easing of fire restrictions will also allow the scheduling of the ZTEM geophysical survey announced in the August 12 news release, estimated for the fourth week of September. This electromagnetic survey is expected to be useful in outlining areas of alteration and/or mineralization. This will be especially important in the southern part of the property where multiple select samples from breccia and alteration zones and veining have returned values greater than
The drill program approved by the company consists of 2,500 metres including up to 40 diamond drill holes off 13 different drill pads, as authorized by the Forest Service (Figure 1).
Qualified Person
The technical content of this news release has been reviewed and approved by Robert M. Cann, P. Geo, a Qualified Person as defined by National Instrument 43-101 and an independent consultant to the Company.
About Silver One
Silver One is focused on the exploration and development of quality silver projects. The Company holds a
The Company owns 636 lode claims and five patented claims on its Cherokee project located in
Silver One also owns a
For more information, please contact:
Silver One Resources Inc.
Gary Lindsey - VP, Investor Relations
Phone: 604-974–5274
Mobile: (720) 273-6224
Email: gary@strata-star.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver One cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Silver One's control. Such factors include, among other things: risks and uncertainties relating to Silver One's limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on the Candelaria Project, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Silver One undertakes no obligation to publicly update or revise forward-looking information.
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SOURCE Silver One Resources Inc.
FAQ
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