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SILVER ONE COMMISSIONS GROUND GEOPHYSICAL SURVEY ON ITS PHOENIX SILVER PROJECT, ARIZONA

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Silver One Resources (OTCQX: SLVRF) has engaged Zonge International to conduct ground geophysical Induced Polarization (IP) and Magnetotelluric (MT) surveys at its Phoenix Silver project in Arizona. The 50-line km survey will target depths of 600 metres for IP and 1,500 metres for MT, focusing on robust copper targets identified through previous surveys.

The company plans to evaluate silver targets, particularly the 417 area and the northeast-trending silver nuggets zone. Additionally, Silver One reported that its Candelaria project is progressing on schedule, with ongoing metallurgical investigations and a Preliminary Economic Assessment (PEA) expected by year-end.

Silver One Resources (OTCQX: SLVRF) ha incaricato Zonge International di eseguire indagini geofisiche di polarizzazione indotta (IP) e magnetotelluriche (MT) sul campo presso il suo progetto Phoenix Silver in Arizona. L'indagine di 50 km linea punterà a profondità di 600 metri per IP e 1.500 metri per MT, concentrandosi su solidi obiettivi di rame identificati in precedenti rilevamenti.

L'azienda prevede di valutare gli obiettivi di argento, in particolare l'area 417 e la zona dei pepite d'argento orientata a nord-est. Inoltre, Silver One ha comunicato che il progetto Candelaria procede secondo i tempi previsti, con indagini metallurgiche in corso e una Valutazione Economica Preliminare (PEA) prevista entro fine anno.

Silver One Resources (OTCQX: SLVRF) ha contratado a Zonge International para realizar encuestas geofísicas terrestres de Polarización Inducida (IP) y Magnetotelúricas (MT) en su proyecto Phoenix Silver en Arizona. La encuesta de 50 km de línea apuntará a profundidades de 600 metros para IP y 1,500 metros para MT, enfocándose en objetivos sólidos de cobre identificados en estudios previos.

La compañía planea evaluar objetivos de plata, particularmente el área 417 y la zona de pepitas de plata con tendencia noreste. Además, Silver One informó que su proyecto Candelaria avanza según lo previsto, con investigaciones metalúrgicas en curso y una Evaluación Económica Preliminar (PEA) esperada para fin de año.

Silver One Resources (OTCQX: SLVRF)는 애리조나에 위치한 Phoenix Silver 프로젝트에서 지상 유도 분극(IP) 및 자기텔루릭(MT) 조사를 수행하기 위해 Zonge International을 고용했습니다. 50선 km 조사IP는 600미터, MT는 1,500미터 깊이를 목표로 하며, 이전 조사에서 확인된 견고한 구리 목표에 집중할 예정입니다.

회사는 특히 417 지역과 북동쪽으로 뻗은 은 조각 지대를 중심으로 은 목표를 평가할 계획입니다. 또한 Silver One은 Candelaria 프로젝트가 일정대로 진행 중이며, 현재 야금학 조사가 진행 중이고 연말까지 예비 경제성 평가(PEA)를 기대하고 있다고 밝혔습니다.

Silver One Resources (OTCQX: SLVRF) a mandaté Zonge International pour réaliser des levés géophysiques au sol par polarisation induite (IP) et magnétotellurique (MT) sur son projet Phoenix Silver en Arizona. L'enquête de 50 km de lignes ciblera des profondeurs de 600 mètres pour l'IP et 1 500 mètres pour la MT, en se concentrant sur des cibles robustes de cuivre identifiées lors d'enquêtes précédentes.

La société prévoit d'évaluer des cibles d'argent, notamment la zone 417 et la zone de pépites d'argent orientée nord-est. De plus, Silver One a indiqué que son projet Candelaria progresse conformément au calendrier, avec des investigations métallurgiques en cours et une étude économique préliminaire (PEA) attendue d'ici la fin de l'année.

Silver One Resources (OTCQX: SLVRF) hat Zonge International beauftragt, geophysikalische Bodenuntersuchungen mittels induzierter Polarisation (IP) und Magnetotellurik (MT) auf ihrem Phoenix Silver-Projekt in Arizona durchzuführen. Die 50 Linienkilometer lange Untersuchung zielt auf Tiefen von 600 Metern für IP und 1.500 Metern für MT ab und konzentriert sich auf solide Kupferziele, die durch frühere Untersuchungen identifiziert wurden.

Das Unternehmen plant, Silberziele zu bewerten, insbesondere das Gebiet 417 und die nordostgerichtete Silbernugget-Zone. Zudem berichtete Silver One, dass das Candelaria-Projekt planmäßig voranschreitet, mit laufenden metallurgischen Untersuchungen und einer Vorläufigen Wirtschaftlichkeitsbewertung (PEA), die bis Jahresende erwartet wird.

Positive
  • Strategic location near Rio Tinto-BHP's Resolution deposit and BHP's Ocelot discovery
  • Candelaria project PEA development on schedule for year-end completion
  • Company owns 100% interest in multiple promising silver projects
Negative
  • Survey implementation delayed due to forest fire restrictions
  • Targets have never been drill tested, indicating early-stage exploration status

VANCOUVER, BC, July 14, 2025 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has engaged Zonge International, Inc., to conduct a ground geophysical Induced Polarization (IP) and Magnetotelluric (MT) survey on its 100% owned Phoenix Silver project in Arizona. Both IP and MT are effective electrical geophysical methods useful to detect underground metallic minerals, especially disseminated sulfides, and structures that may be host to mineralization. This is especially important in the southern portion of the property where previous magnetic and ZTEM surveys, in combination with multiple select high-grade copper and silver samples are suggestive of a copper-silver system at depth (See Figures 1 and 2 and news release of February 20, 2025). Owing to safety reasons related to fire hazard in the project's area, the survey will be scheduled as soon as Forest Service fire restrictions are lifted.

The planned survey consists of 50-line km of ground IP and MT over robust copper targets. These targets were identified using Geotech's targeting algorithm that combines several datasets including, resistivity derived from the ZTEM survey, magnetic features, geology, structure, mine sites and copper showings (see Company's news release of February 20, 2025 and Figures 1 and 2). These targets have never been drill tested, and their importance is highlighted by their location along the north-eastern portion of the prolific Miami-Inspiration copper belt, which hosts Rio Tinto-BHP's Resolution deposit to the southwest and BHP's Ocelot discovery to the northeast (Figure 1).

The IP and MT survey will target vertical depths of 600 metres and 1,500 metres respectively. This survey, in conjunction with previous field investigations, will allow the Company to define and prioritize targets for future drilling.

Silver Exploration

The company plans to continue with further evaluation of silver targets, especially the 417 area and the long northeast-trending train of silver nuggets located in the northern part of the property. A detailed gravity survey is planned over the 417 area drilled in 2024 to assist in defining the location of massive silver bodies (see Company's news release of February 24, 2025 and Figure 2) and guide future drilling. At the Nuggets North area, planned work includes mapping, sampling, and trenching subject to Forest Service permitting.

Candelaria Project Update

The Company is also pleased to announce that work at the Candelaria project is on schedule, continuing with metallurgical investigations to optimize silver and gold recoveries, and a Preliminary Economic Assessment study (PEA) scheduled to be completed by the end of the year.

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 100% interest in its flagship project, the past-producing Candelaria Mine located in Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and potentially increasing the substantive silver mineralization along-strike from the two past-producing open pits.

The Company owns 636 lode claims and five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 11 km along-strike.

Silver One also owns a 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt", immediately adjacent to the prolific copper producing area of Globe, Arizona. 

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 its mineral properties, 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.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Photo: https://mma.prnewswire.com/media/2730025/Figure_1_Phoenix_Silver_Map.jpg
Photo: https://mma.prnewswire.com/media/2730026/Figure_2_Phoenix_Silver_Project.jpg
Logo: https://mma.prnewswire.com/media/1574720/Silver_One_Logo.jpg

 

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SOURCE Silver One Resources Inc.

FAQ

What is the purpose of Silver One's (SLVRF) new geophysical survey at Phoenix Silver?

The IP and MT survey will help detect underground metallic minerals and structures that may host mineralization, particularly in areas with potential copper-silver systems at depth. The survey covers 50-line km and will target depths of 600 metres for IP and 1,500 metres for MT.

When will Silver One (SLVRF) complete the Preliminary Economic Assessment for Candelaria?

Silver One expects to complete the Preliminary Economic Assessment (PEA) for the Candelaria project by the end of 2025.

What are the main projects in Silver One's (SLVRF) portfolio?

Silver One owns 100% interest in three main projects: the past-producing Candelaria Mine in Nevada, the Cherokee project with 636 lode claims and five patented claims in Lincoln County, Nevada, and the Silver Phoenix Project in Arizona.

Where is Silver One's (SLVRF) Phoenix Silver project located?

The Phoenix Silver project is located in Arizona, along the north-eastern portion of the Miami-Inspiration copper belt, near Rio Tinto-BHP's Resolution deposit and BHP's Ocelot discovery.

What are the current challenges facing Silver One's (SLVRF) Phoenix Silver survey?

The implementation of the ground geophysical survey is currently delayed due to Forest Service fire restrictions in the project area. The survey will be scheduled once these restrictions are lifted.
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