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Silver Valley Metals Announces Highest Priority Drill Target in a New Area Outside Historic Mines at its Ranger-Page Project in the Silver Valley, Northern Idaho, USA

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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.

Positive
  • Discovery of the Spring target outside known mineralization areas.
  • Significant Induced Polarization and Resistivity anomalies detected: 850m strike length and 375m depth.
  • Strong surface geochemistry results indicating elevated lead (68ppm), zinc (946ppm), and copper (119ppm).
  • Target located at a key structural intersection of major faults associated with historic mines.
Negative
  • None.

VANCOUVER, BC, Feb. 22, 2023 /PRNewswire/ - Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF) ("Silver Valley" or the "Company"), is pleased to announce a new and significant exploration target discovery, the Spring target, outside the areas of known mineralization and historic mines at the Ranger-Page Project, Silver Valley, Idaho.  

To view the Spring Target in a 3-D multi-media audio-video click: https://tinyurl.com/yc7327fs

Highlights:
  • The highest priority target defined to date at the project and the first target located outside the area of the historic mines on the project
  • A very large and significant near surface coincident Induced Polarization and Resistivity anomaly measuring 850 metres of strike length and 375 metres of down dip extension from near surface identified
  • Very importantly, the target is located at the intersection of the geologically significant Government Gulch Fault and Spring Fault. Both faults extend through to the adjacent Bunker Hill property and are regarded as important emplacement structures
  • These faults intersect on the Ranger-Page project only
  • The Spring-Government Gulch fault intersection is analogous to the Page-Curlew fault intersection on the project, which is related to the formation of the historic and top ten historical producer in the District, Page Mine (owned by Silver Valley Metals Corp.)
  • Zinc, lead, and copper – strong anomalous surface geochemistry results collected on top of the Resistivity and Induced Polarization anomalies and at the intersection of two major faults on the project further validates the future potential of a discovery
  • Situated approximately 850 metres due south of the Company's Blackhawk mine and 1250 metres southeast of the Company's Page Mine.
  • One of seven high priority large target areas defined from the 2022 exploration campaign all constrained within a relatively small 3km x 2km area.

To view exploration results in presentation format, click:  https://tinyurl.com/48hwhf8d

"We are very pleased to announce the discovery of the new Spring target.  In an area where there had been no previous surface exploration or production, geophysics IP, resistivity and surface geochemical surveys conducted by our field team during the 2022 field season uncovered a significant anomaly which provides us with a very large target in a new zone.

With this excellent exploration opportunity at a key structural intersection, Silver Valley Metals' Spring Target, one of seven on the Ranger-Page project, becomes the Company's highest priority to drill test at the start of Q3, 2023," states CEO, Brandon Rook.

The Spring target is located 1,250 metres southeast from the Company's high-grade and top ten past-producer in the District, Page Mine, and located 850 metres due south from the past producing and relatively shallow Blackhawk Mine (option to own for Silver Valley – see news release dated February 9th, 2023, for exploration results at Blackhawk:   https://tinyurl.com/2fcvdw4v

The Spring target is one of seven high priority target areas that the Company has defined from its successful 2022 exploration campaign.  Importantly, all high priority areas are constrained to a relatively small area approximately 3 kilometres X 2 kilometres and each target shows significant strike and depth potential.

Figure 1: Spring Exploration Target Area (CNW Group/Silver Valley Metals Corp.)

To view an enhanced version of the Spring Target Area, please click: https://tinyurl.com/2p8n435t

Geophysics: Induced Polarization
The ground Induced Polarization and Resistivity surveys indicate a significant and coincident anomaly exists on and at near surface.  The I.P. measures a lateral strike length of 400 metres and down-dip vertical extent of 300 metres while the Resistivity survey measures a lateral strike length of 850 metres and down-dip vertical extent of 375 metres. 

The background Induced Polarization readings observed at the Spring target's host rocks was measured at 0-4 msec, as compared to the background observed at the Prichard formation (+20 msec) located west and south of the Spring target.  The Spring Induced Polarization anomaly ranges between 4 and 12 msec, which is an anomalous result from the widespread dataset accumulated during the program.

Figure 2: Spring Target Induced Polarization Anomaly (CNW Group/Silver Valley Metals Corp.)

To view an enhanced version of the Spring target figure - Geophysics: Induced Polarization Anomaly, please click: https://tinyurl.com/2yjhxk6f

Geophysics: Resistivity
A significant increase in resistivity values at the Spring target is an indication of silicification alteration, which is closely associated with mineralization emplacement in the Coeur d'Alene mining district. Resistivity values are significantly elevated greater than +2,000 ohm which represents the strongest geophysical signature encountered from the 2022 exploration campaign.

Figure 3: Spring Target Resistivity Anomaly (CNW Group/Silver Valley Metals Corp.)

To view an enhanced version of the Spring Target figure – Geophysics: Resistivity Anomaly, please click:  https://tinyurl.com/yckddbyw

Geochemical Program:
A surface geochemical program was initiated to further validate the ground geophysics results and structural mapping program. Samples were collected from the B and C soil horizons on a 30-metre spacing. At each location, a pit was dug until refusal (could not dig deeper).  The B and C soil horizons were sampled separately to assess and compare geochemical results from Ranger-Page weathered bedrock and soils to results published in other Silver Valley geochemical studies. Samples were described, photographed, staked and location data collected via GPS.  Results were loaded into Leapfrog Geo and displayed via a proportional grade plot to highlight high values. 

Results over the Spring target are summarized below.  The geochemical survey used to validate the Spring Target reflects positive results, including significant elevated lead, zinc and copper values up to 68ppm, 946ppm and 119 ppm respectively. Background levels of lead, zinc and copper in the project area are typically 10 ppm, 40 ppm, 6 ppm respectively based on all 2022 Silver Valley Metals geochemical data. Trace element vector analysis is ongoing, and we expect will further validate the Spring target.

Geochemical Results:

B Horizon Geochemical Results:

LDL

<5 ppm

<1 ppm

<2 ppm

<5 ppm

<5 ppm

<2 ppm

<3.4

Sample
ID

Easing

Northing

Elevation
(m)

As
(ppm)

Cd
(ppm)

Cu
(ppm)

Pb
(ppm)

Sb
(ppm)

Zn
(ppm)

Ag (g/t)

SF-1-1B

560750

5263340

1202

12.6

<1.0

25.1

34.2

20.8

152

<3.4

SF-1-2B

560733

5263377

1194

6.32

<1.0

33.7

19.6

18.2

128

<3.4

SF-1-3B

560733

5263416

1181

<5.0

<1.0

20.4

6.9

16.2

66.8

<3.4

SF-1-4B

560741

5263446

1174

<5.0

<1.0

22.7

11.3

20

227

<3.4

SF-1-5B

560739

5263471

1161

<5.0

<1.0

21

6.3

15.2

64.4

<3.4

SF-1-6B

560735

5263495

1149

<5.0

<1.0

20.7

21.3

15.2

60.6

<3.4

SF-1-7B

560741

5263532

1132

<5.0

<1.0

12.6

16.2

14.7

91.5

<3.4

SF-1-8B

560746

5263554

1110

<5.0

<1.0

19.5

25

16.6

162

<3.4

SF-2-1B

560832

5263577

1122

<5.0

<1.0

19.9

<5.0

19

56.6

<3.4

SF-2-2B

560832

5263546

1133

<5.0

<1.0

57.7

8.4

20.9

311

<3.4

SF-2-3B

560830

5263518

1139

<5.0

<1.0

11.1

<5.0

17.5

126

<3.4

SF-2-4B

560837

5263484

1132

<5.0

<1.0

13.3

<5.0

16.4

53.3

<3.4

SF-2-5B

560837

5263443

1130

<5.0

<1.0

23.3

6.1

17

51.6

<3.4

SF-2-6B

560831

5263402

1136

<5.0

<1.0

11.2

<5.0

17.6

46.6

<3.4

SF-2-7B

560833

5263379

1154

<5.0

<1.0

11.4

<5.0

16.4

38.5

<3.4

SF-2-8B

560831

5263351

1170

<5.0

<1.0

13.8

<5.0

13.8

29.7

<3.4

SF-2-9B

560832

5263325

1172

<5.0

<1.0

9.6

5.2

16.1

29.7

<3.4

SF-3-1B

560898

5263319

1137

<5.0

<1.0

9.9

8.3

12

79.7

<3.4

SF-3-2B

560897

5263347

1135

<5.0

<1.0

8

5.3

16.2

35.8

<3.4

SF-3-3B

560906

5263375

1129

<5.0

<1.0

11.7

9.9

15.3

281

<3.4

SF-3-4B

560902

5263407

1119

<5.0

<1.0

12.6

5.4

16.7

87

<3.4

SF-3-5B

560907

5263437

1103

<5.0

1.0

18.9

<5.0

15.2

216

<3.4

SF-3-6B

560911

5263460

1090

<5.0

1.9

14.2

6.8

14.6

163

<3.4

SF-3-7B

560926

5263485

1074

<5.0

1.9

12.9

<5.0

12.5

421

<3.4

SF-3-8B

560933

5263517

1071

<5.0

<1.0

14.7

5.6

16.6

44.6

<3.4

SF-3-9B

560934

5263546

1072

<5.0

<1.0

22.8

7.2

18.6

173

<3.4

SF-3-10B

560927

5263574

1072

<5.0

<1.0

8.7

<5.0

18.4

48.7

<3.4

SF-4-1B

560997

5263538

1019

<5.0

<1.0

14

<5.0

20.3

204

<3.4

SF-4-2B

561012

5263502

1021

<5.0

1.6

9.2

<5.0

20

313

<3.4

SF-4-3B

561006

5263472

1034

<5.0

<1.0

9.3

<5.0

21

101

<3.4

SF-4-4B

561004

5263432

1053

<5.0

<1.0

12.8

5.1

20

41.3

<3.4

SF-4-5B

561000

5263397

1070

<5.0

1.1

6.7

5.9

17.2

122

<3.4

SF-4-6B

560992

5263360

1072

<5.0

<1.0

4.5

<5.0

15.6

35.2

<3.4

SF-4-7B

560995

5263326

1071

<5.0

1.1

7.9

<5.0

18.9

154

<3.4

SF-4-8B

560992

5263286

1068

5.5

<1.0

21.1

<5.0

19.6

147

<3.4

SF-5-1B

561056

5263284

1088

6.3

1.5

26.1

10.3

27.6

364

<3.4

SF-5-2B

561056

5263314

1071

<5.0

2.3

13.8

10

23.2

207

<3.4

SF-5-3B

561065

5263342

1054

<5.0

<1.0

14

<5.0

22.7

101

<3.4

SF-5-4B

561077

5263376

1025

7.9

3.1

25.4

14.5

22.7

946

<3.4

SF-5-5B

561075

5263407

1021

8.6

3.7

24.4

68

25

339

<3.4

SF-5-6B

561090

5263442

1004

12.6

2

21.9

50.6

20.9

260

<3.4

SF-5-7B

561096

5263480

995

<5.0

1.3

23.3

14.9

22.9

809

<3.4

SF-5-8B

561093

5263509

985

<5.0

<1.0

22.8

24

25.4

173

<3.4

SF-5-9B

561088

5263537

978

<5.0

<1.0

16.2

6.3

22.7

120

<3.4

SF-6-1B

561193

5263529

990

<5.0

<1.0

18.4

14.1

19

147

<3.4

SF-6-2B

561182

5263497

1002

<5.0

<1.0

8.39

<5.0

24.1

205

<3.4

SF-6-3B

561184

5263462

1020

<5.0

1

15

<5.0

25.1

109

<3.4

SF-6-4B

561178

5263436

1030

<5.0

<1.0

20.2

8.4

23.7

138

<3.4

SF-6-5B

561173

5263416

1043

<5.0

2.4

22.2

8.1

22.3

375

<3.4

SF-6-6B

561163

5263387

1063

<5.0

<1.0

9.3

<5.0

22

88.2

<3.4

SF-6-7B

561153

5263357

1073

<5.0

<1.0

10.3

<5.0

23.2

95.7

<3.4

SF-6-8B

561145

5263336

1085

<5.0

<1.0

8.2

<5.0

22

136

<3.4

SF-6-9B

561146

5263306

1098

<5.0

<1.0

8.3

16

25.4

60.1

<3.4

SF-6-10B

561138

5263276

1121

<5.0

1.6

22.4

9.0

24.4

184

<3.4

SF-7-1B

561228

5263283

1166

<5.0

<1.0

14.3

5.5

25.2

50.9

<3.4

SF-7-2B

561247

5263313

1133

<5.0

<1.0

13.8

15.3

19

197

<3.4

SF-7-3B

561259

5263343

1119

<5.0

<1.0

13.3

<5.0

20.1

133

<3.4

SF-7-4B

561271

5263372

1108

<5.0

<1.0

11.4

<5.0

21.2

52.6

<3.4

SF-7-5B

561280

5263406

1091

<5.0

1.2

12.8

<5.0

20.5

125

<3.4

SF-7-6B

561288

5263440

1068

<5.0

<1.0

14

<5.0

17.9

172

<3.4

SF-7-7B

561283

5263470

1066

<5.0

<1.0

12.8

<5.0

16.6

35.4

<3.4

SF-7-8B

561284

5263513

1047

5.0

<1.0

9.7

<5.0

17.9

142

<3.4

SF-7-9B

561284

5263554

1024

<5.0

1.4

9.2

<5.0

19.2

218

<3.4

 

C Horizon Geochemical Results:

LDL

<5 ppm

<1 ppm

<2 ppm

<5 ppm

<5 ppm

<2 ppm

<3.4

Sample
ID

Easing

Northing

Elevation
(m)

As
(ppm)

Cd
(ppm)

Cu
(ppm)

Pb
(ppm)

Sb
(ppm)

Zn
(ppm)

Ag (g/t)

SF-1-1C

560750

5263340

1202

<5.0

<1.0

5.5

5

17.3

35.7

<3.4

SF-1-2C

560733

5263377

1194

<5.0

<1.0

15.7

5.6

12.9

33.4

<3.4

SF-1-3C

560733

5263416

1181

<5.0

<1.0

10.6

6

14.6

36.4

<3.4

SF-1-4C

560741

5263446

1174

<5.0

<1.0

5.9

<5.0

12.4

24.1

<3.4

SF-1-5C

560739

5263471

1161

<5.0

<1.0

10.8

<5.0

13.5

35.8

<3.4

SF-1-7C

560741

5263532

1132

<5.0

<1.0

10.1

7.8

12.4

28.8

<3.4

SF-2-1C

560832

5263577

1122

<5.0

<1.0

35.1

<5.0

22.4

33.3

<3.4

SF-2-2C

560832

5263546

1133

<5.0

<1.0

119

10.5

25.1

22.8

<3.4

SF-2-3C

560830

5263518

1139

<5.0

<1.0

<2.0

<5.0

16.2

40

<3.4

SF-2-4C

560837

5263484

1132

<5.0

<1.0

5.4

<5.0

11.5

18.9

<3.4

SF-2-5C

560837

5263443

1130

<5.0

<1.0

20.4

<5.0

9.64

14.9

<3.4

SF-2-6C

560831

5263402

1136

<5.0

<1.0

3.6

<5.0

13.9

23.7

<3.4

SF-2-7C

560833

5263379

1154

<5.0

<1.0

4.5

<5.0

16.6

27.3

<3.4

SF-2-8C

560831

5263351

1170

<5.0

<1.0

7.3

<5.0

12.4

21.1

<3.4

SF-2-9C

560832

5263325

1172

<5.0

<1.0

6.5

7

14.4

23.7

<3.4

SF-3-1C

560898

5263319

1137

<5.0

<1.0

3.5

<5.0

14.4

30.2

<3.4

SF-3-2C

560897

5263347

1135

<5.0

<1.0

3

<5.0

17

31.1

<3.4

SF-3-3C

560906

5263375

1129

<5.0

<1.0

3.1

<5.0

11.8

43.8

<3.4

SF-3-4C

560902

5263407

1119

<5.0

<1.0

3.9

<5.0

15.7

31.5

<3.4

SF-3-8C

560933

5263517

1071

<5.0

<1.0

6.5

<5.0

14

28

<3.4

SF-3-9C

560934

5263546

1072

<5.0

<1.0

10.7

<5.0

14.9

39.9

<3.4

SF-3-10C

560927

5263574

1072

<5.0

<1.0

9.8

<5.0

14.5

20.2

<3.4

SF-4-3C

561006

5263472

1034

<5.0

<1.0

2.2

<5.0

13.1

16.6

<3.4

SF-4-4C

561004

5263432

1053

<5.0

<1.0

5.3

<5.0

18.6

26.9

<3.4

SF-4-5C

561000

5263397

1070

<5.0

<1.0

10.4

<5.0

21.7

57.3

<3.4

SF-4-6C

560992

5263360

1072

<5.0

<1.0

2.5

<5.0

12.8

24.2

<3.4

SF-4-7C

560995

5263326

1071

<5.0

<1.0

4.8

<5.0

14.8

29.4

<3.4

SF-6-1C

561193

5263529

990

<5.0

<1.0

<2.0

21.3

18

26.7

<3.4

SF-6-3C

561184

5263462

1020

<5.0

<1.0

6.5

5.3

15.8

23.7

<3.4

SF-6-6C

561163

5263387

1063

<5.0

<1.0

3.3

13.4

12.3

21

<3.4

SF-6-7C

561153

5263357

1073

<5.0

<1.0

4.2

<5.0

16.6

21.5

<3.4

SF-6-8C

561145

5263336

1085

<5.0

<1.0

8.6

5.5

17.3

31.1

<3.4

SF-6-9C

561146

5263306

1098

<5.0

<1.0

14

41.4

18.3

41.4

<3.4

SF-7-1C

561228

5263283

1166

<5.0

<1.0

2.2

5.9

14.8

12.9

<3.4

SF-7-2C

561247

5263313

1133

7.2

<1.0

9.2

16.1

17.6

36

<3.4

SF-7-5C

561280

5263406

1091

<5.0

<1.0

12.7

87

18.7

33.6

<3.4

SF-7-6C

561288

5263440

1068

<5.0

<1.0

8.4

19.7

15.6

26.5

<3.4

SF-7-7C

561283

5263470

1066

<5.0

<1.0

7

<5.0

19

15.5

<3.4

SF-7-8C

561284

5263513

1047

<5.0

<1.0

7.8

11.2

15.4

27.3

<3.4

SF-7-9C

561284

5263554

1024

<5.0

<1.0

3.4

<5.0

15

65.4

<3.4

 

Lab Analysis – QA-QC:

Atomic absorption analysis for Silver:
American Analytical Services, Inc ("AAS") is an ISO/IEC 17025 accredited laboratory, located in Osburn Idaho. All analysis includes quality control measures to ensure an acceptance standard established within AAS methods. All samples sent to AAS were checked for accuracy between the chain of custody and the samples with the client present. Samples are dried before starting the prep process. The prep process includes crushing the sample in its entirety to 80% passing a 10 mesh, split in a riffle box to make a 250g sub-sample and pulverized to 85% passing a 140 mesh. Analysis for AA-Ag is done by 2 or 4 acid digestion. Detection limit for AA-Ag is 0.100 Oz/ton - 15.0 Oz/ton. Any results over the detection limit are sent to fire assay to do Ag gravimetric finish.

ICP-OES analysis for 35 element analysis:
All samples are subjected to a 4-acid digestion. Digestion QC consists of a reagent blank, control standard and for every 20 samples there is a duplicate of a sample pulp to check RPD. To begin ICP-OES analysis, the instrument is standardized with the five working standard solutions (multi-point linear fitting). Samples are then measured with the reagent blank, control standard and a CCV (continuous calibration verification). Once samples are analyzed, all QC is checked, and results are sent to LIMS system to be made into the client's report. 

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Qualified person

Timothy Mosey, BSc, MSc, SME, is the qualified person for the company and qualified person as defined by National Instrument 43-101. Mr. Mosey supervised the preparation of the technical information in this news release.

About: MexiCan lithium - potassium (sulphate of potash) project:

Silver Valley Metals Corp. owns a 100% interest in a lithium and potassium bearing salar complex comprising 4,059 hectares on three mineral concessions (the "Mexican Projects") located on the Central Mexican Plateau in the states of Zacatecas, and San Luis Potosi, Mexico. The NI 43-101 inferred mineral resource contains 12.3Mt of Sulfate of Potash (SOP) and 243,000 tonnes of lithium carbonate equivalent (LCE) and remains open in all directions for expansion.

About: Ranger-Page project:

The Ranger-Page Project ("The Project") is in the Silver Valley, northern Idaho, USA, 60 kilometres east of Coeur d'Alene and 1 kilometre from the I-90 freeway. In 2020 Idaho was ranked the first in the world in policy perception and 9th best mining jurisdiction (Fraser Institute Annual Mining Survey). The Project borders the famous Bunker Hill Mine to the east and for the first time consolidates the western extent of the prolific Silver Valley mining corridor by one operator in the past 100+ years.

The Project comprises 6 historical mines on patented claims, without royalties. The largest of these, the Page Mine, was a top ten producer in the Silver Valley yielding over 1.1 billion pounds of zinc and lead and 14.6 million ounces of silver. The Page Mine has high grade silver-zinc-lead historic reserves and remains open at depth and along strike beyond what has been identified to date.

Historical mining on the properties shared underground infrastructure which connected the larger Page mine with five shallow historic mines within the larger Project area. The Company has underground mining data and surface geological data that supports high grade silver-zinc-lead mineralization present within the shallow, undeveloped mines. These mines remain open at depth, and laterally along strike.

Exploration potential beyond the historic mines is considered significant as modern systematic exploration is being applied to the project for the first time.

About: Silver Valley Metals:

Silver Valley Metals Corp. is a Canadian exploration company comprised of a group of experienced exploration, mining, and financing specialists focused on the pursuit of mineral discovery and development. We are focused on the advancement of strategic and precious mineral properties including Lithium-Potash in Mexico and Silver-Zinc-Lead in northern Idaho, USA.  

Link to Website:         http://www.silvervalleymetals.com

On behalf of the Board of Directors of Silver Valley Metals,

"Brandon Rook"

Brandon Rook, President & CEO, Director

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/silver-valley-metals-announces-highest-priority-drill-target-in-a-new-area-outside-historic-mines-at-its-ranger-page-project-in-the-silver-valley-northern-idaho-usa-301753004.html

SOURCE Silver Valley Metals Corp.

FAQ

What is the significance of the Spring target for Silver Valley Metals (SVMFF)?

The Spring target represents a major exploration milestone, showing significant geophysical anomalies and surface geochemistry results, suggesting its potential for mineral discovery.

When does Silver Valley Metals plan to drill the Spring target?

Silver Valley Metals plans to start drilling the Spring target in Q3 2023.

What are the key findings from the surface geochemistry at the Spring target?

Surface geochemistry results showed elevated levels of lead (68ppm), zinc (946ppm), and copper (119ppm), indicating strong mineralization potential.

Where is the Spring target located in relation to other Silver Valley Metals projects?

The Spring target is located 1,250 meters southeast of the Page Mine and 850 meters south of the Blackhawk Mine.

What geological features are associated with the Spring target?

The Spring target is located at the intersection of the Government Gulch Fault and Spring Fault, essential geological structures in the area.

SILVER VY METALS CORP

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