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Silver Valley Metals Corp. (SVMFF), a Canadian exploration company, is focused on mineral discovery and development. With projects in Mexico and Idaho, USA, the company holds interests in lithium-potash and silver-zinc-lead properties. Recent trenching activities at the Ranger-Page Project in Idaho have unveiled significant vein structures with high-grade silver, lead, zinc, and copper concentrations, showcasing the project's exploration potential. Additionally, legal uncertainties surrounding the Mexi-Can Project in Mexico have been resolved, allowing Silver Valley to resume exploration activities and deliver updates on its progress.
Silver Valley Metals Corp. (OTCQB: SVMFF) announced promising exploration results from its Ranger-Wyoming target at the Ranger-Page Project in Idaho. The target area, defined by significant geophysical anomalies, measures approximately 1,200 meters in strike length and 600 meters in depth. Soil samples showed impressive mineral values: silver at 21.9 g/t, lead up to 7,640 ppm, copper at 339 ppm, and zinc at 274 ppm. Dale Moore, Exploration Director, expressed excitement over the potential for further mineralization along the 96 Fault, which is essential for the project. CEO Brandon Rook indicated the company's plans to commence drilling in 2023 as modern exploration techniques reveal substantial targets. The Ranger-Wyoming complex has only been partially developed historically, suggesting significant expansion potential.
Silver Valley Metals Corp. (TSXV: SILV, OTCQB: SVMFF) announced positive exploration results from the East Curlew target at the Ranger-Page Project in Idaho. The East Curlew target, located 230 meters east of the historic Blackhawk mine, features a significant Induced Polarization anomaly measuring 450 meters in strike length. The geochemical analyses revealed high levels of silver (up to 0.6 opt Ag) and other minerals, validating its potential for mineralization. This target is one of seven prioritized from the 2022 exploration campaign, and further drilling is planned for 2023 to explore these promising findings.
Silver Valley Metals Corp. has announced the discovery of the Spring target at its Ranger-Page Project in Idaho, marking a significant exploration milestone. This target is characterized by a large Induced Polarization and Resistivity anomaly spanning 850 metres in strike length and 375 metres in depth, situated at the intersection of two major faults. Notably, surface geochemistry revealed strong anomalous results for lead, zinc, and copper, validating its potential. The Spring target is one of seven high-priority areas identified from the 2022 exploration campaign, and Silver Valley plans to commence drilling in Q3 2023.
Silver Valley Metals Corp. (SVMFF) announced strong exploration results from its Blackhawk Mine target at the Ranger-Page Project in Idaho. The findings include significant Induced Polarization and Resistivity anomalies and a mineralized silver-zinc-lead Curlew vein extending approximately 370 meters. The historical Blackhawk mine produced over 214,000 tonnes of ore. The company plans an inaugural drilling program in 2023, focusing on the economically viable near-surface resource. The results validate previous geological models and suggest potential for increased mineralization depth and width, enhancing shareholder value.
Silver Valley Metals Corp. (SVMFF) announced promising exploration results from the Crown Point Mine target at the Ranger-Page Project in Idaho. Key highlights include a significant Induced Polarization and Resistivity anomaly indicating potential mineralization extending over 500 meters in depth and strike length. Historical production from the site yielded 63,098 tons at 301 g/t silver and 10.18% lead, with potential zinc recoveries anticipated in future drilling. The Company identified multiple high-priority target areas for 2023 based on robust geochemical results showing silver up to 27.1 g/t and lead concentrations reaching 1,240 ppm, further supporting exploration viability.
Silver Valley Metals Corp. announced the appointment of Douglas Dobbs as Corporate Development Director, bringing over 25 years of experience. This transition follows the acquisition of the Ranger-Page project and a comprehensive exploration campaign that delivered promising results in 2022. In 2023, the company plans to initiate drilling programs targeting high-grade resources and new mineralization areas. Additionally, they closed a $0.075 Unit Private Placement Financing for $967,283.55, issuing 12,897,114 Units. The financing included insider transactions and stock options have been issued to officers and consultants.
Silver Valley Metals Corp. announced the appointment of Douglas Dobbs as Corporate Development Director, bringing over 25 years of industry experience. This move comes as the company transitions after acquiring its Ranger-Page project and completing a successful exploration campaign. Plans for an inaugural drilling program in 2023 aim to enhance historic high-grade resources. Additionally, Silver Valley has closed a $0.075 Unit Private Placement Financing raising $967,283.55. The financing involved insider transactions and issued stock options at $0.15 per share. The company owns a 100% interest in lithium and potassium resources in Mexico.
Silver Valley Metals Corp. (SVMFF) is set to undertake a non-brokered private placement of up to 5.55 million units priced at nine cents each, aiming for gross proceeds of $500,000. Each unit consists of one common share and one half of a warrant, with a full warrant allowing purchase at 18 cents within two years. Proceeds will fund exploration at the Ranger-Page project, maintain lithium-sulphate of potash deposits in Mexico, and cover legal disputes related to the mining law amendment in Mexico. The company anticipates significant project advancements in the coming months.
Silver Valley Metals Corp. (OTCQB: SVMFF) announced a $500,000 non-brokered private placement of up to 5.55 million units at nine cents per unit. Each unit consists of one common share and half a warrant exercisable at 18 cents within two years. Proceeds will fund the phase 2 exploration at the Ranger-Page project in Idaho, legal disputes in Mexico regarding lithium deposits, and general working capital. The company is optimistic about upcoming milestones that may benefit shareholders.
Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF) announced significant high-grade drill results from the Page Mine at the Ranger-Page Project in Idaho, revealing substantial mineralization at depth. Key highlights include drill hole 34-371_N intercepting 1,960 g/t silver equivalent over 1.60 metres. The Page Mine remains open at depth, with high-grade mineralization extending approximately 17%. The project exhibits a 750-metre strike length, and the company aims to define substantial high-grade resources beyond historical limits. Additionally, the Company holds a lithium-potassium project in Mexico.
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