No1Uknow
4年前
Newsfile Corp.
Mon, February 1, 2021, 5:30 AM
DTC eligibility simplifies the process of trading and transferring the Company's common shares between brokerages in the United States
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2021) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQB: SLVDF) ("Silver Dollar" or the "Company") is pleased to announce that its common shares are now eligible for settlement through the Depository Trust Company ("DTC"), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States.
Silver Dollar's common shares are now fully DTC eligible and will continue to trade in the United States under the ticker symbol "SLVDF" on the OTCQB Venture Market. Through an electronic method of clearing securities, DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing the Company's common shares to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.
"DTC eligibility is an important step in the maturity of Silver Dollar and our ongoing efforts to present the Company to a broader audience of potential investors," said Mike Romanik president of Silver Dollar. "Our common shares are now more accessible to retail and institutional investors in one of the largest markets in the world, and all our shareholders should benefit from the expected increase in trading liquidity."
About Silver Dollar Resources Inc.
Silver Dollar Resources Inc. is a mineral exploration company focused on creating shareholder value by finding and developing economic precious and base metal deposits. Having completed its initial public offering in May 2020, the Company trades on the Canadian Securities Exchange under the symbol "SLV" and on the OTCQB under "SLVDF". Silver Dollar's projects are located in two of the prolific mining jurisdictions in the world and include the advanced exploration and development stage La Joya Silver Project in Durango, Mexico, and the discovery-stage Pakwash Lake and the Longlegged Lake properties in the Red Lake Mining District of Ontario, Canada. The Company has an aggressive growth strategy and is actively reviewing projects in mining-friendly jurisdictions internationally for potential acquisition.
For additional information: Contact investor relations, you can download our latest presentation by clicking here and you can follow us on Twitter by clicking here.
Joseph Cullen,
Investor Relations Manager
Direct line: (778) 919-8615
Email: joseph@silverdollarresources.com
No1Uknow
4年前
Page 8 will give you the historical drill results.. impressive even with a high cutoff
https://silverdollarresources.com/images/Silver-Dollar_Presentation.pdf
Confirmed presence of high-grade mineralization with 2014 highest assay grades reported for Ag of 1,915 grams per tonne (gpt) over 0.45 metre(hole LJ DD14-116 from 26.4 to 26.85 m), Cu of 20.4 % over 0.55 metre (hole LJ DD14-116 from 86 to 86.55 m), and Au of 33.5 gpt over 1.0 metre (hole LF DD14-120 from 211.15 to 212.15 m),?Presence of discrete high-grade stockwork and structurally controlled veining (SCSV) style mineralization such as in hole LJ DD14-116 that intercepted 2.0 metres (from 86 to 88 m) grading 723.5 gpt Ag, 8.97 % Cu and 0.09 gpt Au, or 1,778.1 gpt silver equivalent (AgEq),
?Continuous broad intervals of mineralization hosted in replacement manto style mineralization, such as in hole LJ DD14-114 that intercepted 66.4 metres (from 27.1 to 93.5 m) grading 43.5 gpt Ag, 0.27 % Cu and 0.38 gpt Au, or 98.21 gpt AgEq, and?Outcropping and near-surface mineralization, such as in holes LJ DD14-109 that intercepted 21.92 metres (from 1.8 to 23.72 m) grading 31.5 gpt Ag, 0.36 % Cu and 0.95 gpt Au, or 130.4 gpt AgEq
No1Uknow
4年前
This is the historical mineral estimate of the property.
It will have to be updated to achieve the proper funding.
Key assumptions, parameters, and methods used to prepare the historical mineral estimate:
1) 89 holes totaling 30,085 metres (m).
2) Raw assay data was composited to 2 metres, capped at 550 gptAg, 5.5 gptAu 6% Cu and interpolated into a block model using 5 m x 5 m x 5 m block size using inverse distance squared (ID2) methodology.3) Silver equivalency formula assumes Ag:Auis 50:1, Ag:Cuis 86:1, based on US$24/oz silver, US$1200/oz gold, US$3/lb copper and 100% metallurgical recovery.4) Mining by open-pit methods.5) Mining and process costs assumptions not specifically stated.