CA Market News
2週前
Silver One Resources Announces Major 25,000-Metre Drill Program at CandelariaMay 27, 2026 12:15 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 27, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce the commencement of a significantly expanded reverse-circulation ("RC") and potential diamond ("DDH") drilling campaign at its 100%-owned Candelaria Silver Project in Nevada. The program, comprising up to 25,000 metres, marks the next phase of systematic resource growth and district-scale exploration following the Company's earlier drilling and geophysical successes (See company's news releases of August 16 and July 15, 2022, July 15 and May 26, 2021, and May 26, 2020).Drilling is scheduled to begin at the end of May with the first RC rig, with a second rig mobilizing in mid-July to accelerate completion of the program.The 2026 RC program is designed around three core objectives:Potential resource expansionExploration of new targets including silver oxide and mixed silver oxide-sulphide mineralization and potential porphyry copper-silver-gold targets at depthPreliminary condemnation drilling to support infrastructure planningGregory Crowe, President and CEO, commented: "This major drill program is designed to demonstrate the extensive property-wide potential of the Candelaria project as we advance toward our upcoming Pre-Feasibility Study ("PFS"). Building on our already substantial resource base-108 million ounces AgEq in the Measured and Indicated categories (103.2 Moz Ag and 203.6 koz Au) and 29 million ounces AgEq in the Inferred category (28.0 Moz Ag and 70.5 koz Au)¹, this drilling program aims to better define the broader scale of the mineralized system. While not all results will form part of the PFS, the work will attempt to potentially expand the known resource, evaluate new targets across the district, and ensure we are planning future infrastructure with an informed technical basis. With two rigs active this summer and fall, we expect steady progress as we continue to unlock the full potential of this historic silver project." ¹ AgEq = silver-equivalent ounces calculated using metal prices and recoveries outlined in the Candelaria Project NI 43-101 Technical Report (effective April 30, 2025). AgEq values are for comparative purposes only. Details of metal contents and AgEq formula are provided in the resource tables and technical notes in Tables 1 and 2 below.Table 1. Candelaria in-ground, underground, and stockpile mineral resource estimate. The mineral resource estimate has an Effective Date of April 30, 2025 and was prepared by James McCrea, P.Geo., an independent Qualified Person as defined under NI 43-101.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/298994_sve-figure1.jpgTable 2. Candelaria Leach Pad mineral resources. The mineral resource has an Effective Date of August 6, 2020 and was prepared by James McCrea, P.Geo. who is an independent Qualified Person as defined by NI 43-101.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/298994_sve-figure2.jpgMt Diablo, Northern Belle, Combined Mt Diablo & Northern Belle Pits, Underground Resource, Low-grade Stockpiles Notes:† - This Mineral Resource Estimate for the near-surface material is based on material within an optimized engineered open pit shell that results from a US$27.50/oz silver price revenue factor. Tonnes and grade reported at $27.50/oz Ag and U$2,106/oz Au.? - AgEQ(T) formula = Ag (T) + (Au (T) * recovery *67.73/0.8841). AgEq calculations done at US$27.50/oz Ag and US$2,106/oz Au - - Underground resources tabulated using a 90 gpt Ag(T) cut-off below the $27.50 Pit and using a 70% mining recoveryTotal Ag (AgT) and Au (AuT) mean total silver and gold assays (FA/Gravity) reported by the lab. It also means Calculated silver and gold values for historic samples collected by previous operators that were assayed for cyanide soluble silver or gold but not assayed for total gold and silver. Average total silver and gold for Mt. Diablo, Northern Belle and Underground resources in this table are derived from silver and gold assays in a database that consists of up to 80% of cyanide soluble silver and gold assays only. Approximately 20% of the assays in the database have both FA and or gravity total silver and gold values. The latter constitutes the basis for the generation of the Calculated silver and gold values using regression formulas developed by qualified Silver One professionals.Contained oz Ag - using Total Ag (Ag_T) - factored silverContained oz Au - using Total Au (Au_T) - factored goldContained oz AgEq - using AgEq(T) factored gold - silver equivalentStockpiles will be mined in their entirety with no grade control or selectivity.The mineral resource estimate was prepared by James McCrea, P.Geo. using 2014 CIM Definition Standards on Mineral Resources and Reserves and has an Effective date of April 30, 2025.Resource numbers may not sum correctly due to rounding.Candelaria Heaps Notes:*- Contained Metal based on fire assay grades? - AgEQ(T) formula = Ag (T) + (Au (T) * recovery *67.73/0.8841). Field Ag, Au recoveries were used in the calculation. Prices for calculating contained silver equivalents are US$27.5 oz Ag and US$2,106 oz AuLP1 cyanide leach estimated field silver and gold recoveries are 25% and 20%, respectively. KCA lab column leach tests Ag and Au recoveries are 29% and 21%respectivelyLP2 cyanide leach estimated field silver and gold recoveries are 35% and 25%, respectively. KCA lab column leach tests Ag and Au recoveries are 40% and 27% respectivelyMetal prices used for this resource estimate were US$1500/oz Au, US$20/oz Ag. Same prices were used for the processing scenarios related to reasonable prospects for eventual economic extractionThe leach pads mineral resource estimate was prepared by James McCrea, P.Geo. and has an Effective Date of August 6, 2020.Resource Expansion DrillingBuilding on the strong results and geological understanding developed through prior campaigns, the upcoming drilling is intended to:Extend the near-surface silver-oxide mineralization along strike from the historic Mount Diablo and Northern Belle open pits, where earlier programs confirmed continuity of mineralized horizons. (See company's news releases of May 26, and May 26, 2020).Test down-dip extensions of the higher-grade, mixed (oxide-sulphide) silver system, targeting areas where past drilling and structural interpretations suggest the mineralized stratigraphy continues to depth (Figure 1).Figure 1. Candelaria resource-area map showing the planned resource-expansion drilling area (blue dashed line). Historic and Silver One drill holes are shown for reference. The red outline marks the currently defined mineralized zone, and the shaded block delineates Silver One's patented claims.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/298994_16a11ea9145ca9fe_003full.jpgMultiple datasets support these expansion targets, including (See Figure 2, and company's news releases of June 13, 2022, July 15, 2021, May 26, 2020, and November 18, 2019):Geophysics: Induced polarization (IP), Magnetic Vector Inversion (MVI), and preliminary results of airborne electromagnetic (ZTEM) features that coincide with known mineralized trends.Geology: Favourable host strata mapped along strike and down dip from existing resources.Rock Geochemistry: Silver, gold, and base-metal anomalies (copper, lead, zinc) consistent with mineralized zones (See company's news release of June 13, 2022).Structure: NE-SW and E-W-oriented faults and fracture corridors interpreted as key controls on mineralization.These elements collectively reinforce the potential to expand both the lateral and vertical footprint of the Candelaria resource.Figure 2. Candelaria map showing exploration target areas ( blue dashed line) defined by rock geochemical and geophysical (IP and magnetic vector inversion (MVI)) anomalies. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/298994_16a11ea9145ca9fe_004full.jpgExploration Drilling on New TargetsA portion of the program will test two of multiple targets generated from integrated geological, geophysical (IP and MVI), and geochemical interpretations (Figure 2). These targets lie outside the current resource footprint (Figure 1) and are supported by coincident geophysical responses and surface geochemical anomalies that indicate the potential for additional mineralized centers beyond the historically mined corridor. Several preliminary ZTEM anomalies also overlap these areas; however, ZTEM-related targets remain provisional and will be refined once the 3D inversion results are available.This work follows earlier drilling campaigns that successfully identified deeper porphyry-style alteration and broad zones of silver-gold mineralization, demonstrating the broader district potential at Candelaria. (See figure 2 and Company's news release of July 7, 2021).Condemnation Drilling for Infrastructure PlanningSelect holes will be drilled in areas under consideration for future infrastructure placement. The objective is to ensure that facilities are not constructed over ground that may ultimately prove suitable for open-pit extraction. This step forms part of the Company's ongoing technical de-risking as Candelaria advances toward future engineering studies.Advancing a Proven, Growing Silver SystemSilver One's recent work at Candelaria—including core drilling, auger drilling, geotechnical studies, and extensive geophysical surveys—has consistently reinforced the scale and continuity of the mineralized system. Past drilling has delivered multiple high-grade silver and silver-gold intercepts, while geophysical reinterpretations have outlined deeper targets with porphyry-style signatures (See Company's news release of July 7, 2021). The upcoming RC program represents the most comprehensive drilling effort undertaken at Candelaria to date and is designed to:Potentially expand the existing resource baseTest new district-scale opportunities including silver oxide and mixed silver oxide-sulphide mineralization and potential porphyry copper-silver-gold targets at depthSupport future engineering and economic evaluationsResults will be released as they become available.Qualified PersonThe technical content of this news release, not related to the mineral resource, 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 OneSilver One is focused on the exploration and development of quality silver projects. The Company holds 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: 604-974-5274Mobile: (720) 273-6224
Email: gary@strata-star.comForward-Looking StatementsInformation 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.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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298994 Original: Silver One Resources Announces Major 25,000-Metre Drill Program at Candelaria
CA Market News
2週前
Silver One Announces Results of Annual General MeetingMay 26, 2026 6:04 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 26, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce the results of the Company's annual general meeting (the "Annual General Meeting") held on May 21, 2026.At the Annual General Meeting, shareholders approved all motions put forth, including the re-election of Greg Crowe, Luke Norman, Raul Diaz-Unzueta, W. Barry Girling and Ken Engquist to the Board of Directors. In connection with the Annual General Meeting, Claudia Tornquist retired as a director of the Company and did not stand for the re-election as a director. The Company would like to thank Ms. Tornquist for her services to the Company.The shareholders also approved the appointment of Davidson & Company LLP as the auditors of the Company, and the amended fixed equity based compensation plan (the "EBC Plan"). The EBC Plan's purpose is to (i) provide the Company with a mechanism to attract, retain, and motivate highly qualified directors, officers, employees, and consultants; (ii) align the interest of such directors, officers, employees, and consultants with that of other shareholders of the Company; and (iii) enable and encourage them to participate in the long-term growth of the Company. The EBC Plan permits the grant of stock options, Restricted Share Units (as defined in the Equity Plan) and Deferred Share Units (as defined in the EBC Plan) (stock options, Restricted Share Units and Deferred Share Units collectively referred to as "Awards"). The maximum number of Awards that may be granted under the EBC Plan is fixed at 35,000,000. Further, the maximum number of shares for which Awards and other share compensation issuable to: (i) any participant shall not exceed 5% of the outstanding shares within any one year period, (ii) a consultant shall not exceed 2% of the outstanding shares within any one year period; and (ii) insiders as a group shall not exceed 10% of the outstanding shares. No persons providing investor relations activities may be granted Restricted Share Units or Deferred Share Units under the EBC Plan. All Restricted Share Units and Deferred Share Units are subject to a mandatory one year vesting requirement. Additional details of the EBC Plan are set forth in the Company's information circular dated April 17, 2026.About Silver OneSilver One is focused on the exploration and development of quality silver projects. The Company owns 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 unmined historic resources as well as in previously identified high-grade silver intercepts down-dip, which can potentially increase 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 has 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect, recently permitted for drilling, which 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.comForward-Looking StatementsInformation 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.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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298977 Original: Silver One Announces Results of Annual General Meeting
CA Market News
4週前
Silver One Reports Completion of Core and Auger Drilling, and ZTEM SurveyMay 12, 2026 12:15 AM
NewsfileContinues to Advance Candelaria Towards Pre-FeasibilityVancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQB: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") reports that it has completed the core drilling, auger drilling, and airborne geophysical ZTEM survey previously announced in its news releases dated March 2, February 23, and May 4, 2026. The Company is also pleased to provide an update on ongoing geotechnical, metallurgical, and exploration programs at its Candelaria Silver Project in Nevada. These activities are key components of the Company's Pre-Feasibility Study ("PFS") currently in progress, and are designed to support engineering design, resource conversion and future permitting.Greg Crowe, President and CEO of Silver One, commented: "Candelaria continues to advance on multiple fronts, and I am pleased to report the progress across our technical programs is on schedule and very encouraging. The completion of heap-leach pad auger drilling and geotechnical work positions us well for the upcoming PFS. The district-scale ZTEM will help guide the definition of new exploration targets across this large, highly prospective silver system. With drilling for resource expansion and testing new targets set to begin later this month, and a second rig arriving in July, we are entering an exciting phase of growth as we work to unlock the full potential of Candelaria."Geotechnical Core Drilling for PFS Pit DesignGeotechnical drilling required for pit-slope-stability analysis in the PFS has been completed. This work will inform open-pit design which will include potential pushbacks and the integration of the two existing open pits into a single, larger pit configuration. Core logging, structural interpretation, and laboratory testing are currently in progress. A total of 1,873.7 metres in 9 holes was completed along the margins of the proposed open-pit footprint (see Figure 1).Core Drilling for Additional Metallurgical TestingTwo HQ-diameter (63.5 mm) holes totaling 489.2 metres were drilled for metallurgical testing. One hole (SO-C-26-194) was drilled in the Mount Diablo pit to supplement existing information. A second hole (SO-C-26-195) was drilled at Northern Belle where only historic silver and gold recovery information was available (see Figure 1). Kappes Cassiday & Associates ("KCA") will conduct cyanide-leach bottle-roll and column tests on representative samples of the entire mineralized zone of each drill hole. Auger Drilling of Historic Heaps CompletedThe auger drilling program across the historic leach pads has also been completed. A total of 1,414 metres were drilled in 56 holes, 32 in leach pad 1 (LP1) and 24 in leach pad 2 (LP2). The program was designed to:upgrade portions of the heap-leach resource from the Inferred category to the Measured and Indicated ("M&I") categories; andcollect representative material for upcoming pilot-scale metallurgical testing.Sample preparation and analytical work are underway, with results to be incorporated into an updated resource model.Figure 1. Location map of 2026 geotechnical and metallurgical drill holes (UTM NAD83 11N). The blue line outlines the 2025 resource constraining pit, and the white line delineates Silver One's patented claims.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/297014_1131b91544560aff_001full.jpgZTEM Airborne Electromagnetic Survey CompletedThe Company has completed a property-wide ZTEM airborne electromagnetic survey. The survey is intended to:identify shallower manto-style and structurally controlled silver systems along strike and down-dip of the current open pits; andevaluate potential deeper porphyry-style targets at depth.Processing and interpretation of the ZTEM data are underway by Geotech Ltd. These results will be integrated with previous airborne magnetics, ground IP, and rock geochemical datasets to refine and prioritize future drill targets. Final interpretations are expected by the end of June.Figure 2. Location map of drill holes (UTM NAD83 11N) on the heap-leach pads. Green dots show auger holes drilled by the Company in 2026, blue indicates sonic holes drilled by the Company in 2017, and grey represents historic drill holes. The left figure shows LP1 and the right figure shows LP2.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/297014_1131b91544560aff_002full.jpg Extrakt Metallurgical and Environmental Characterization UpdateExtrakt's metallurgical and environmental characterization work remains on schedule. Current activities include evaluating waste and process-fluid characteristics, which will be required inputs for the PFS and for permitting any future pilot-scale field tests. Additional updates will be provided as results become available.Exploration Drilling to Begin in Late MayExploration RC drilling aimed at potential resource expansion and testing of new targets is expected to commence in late May. A second drill rig is scheduled to arrive in July to accelerate the program. Targets will include areas adjacent to the existing pits as well as newly defined structural and geophysical anomalies.Qualified PersonThe 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 OneSilver 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 StatementsInformation 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.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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297014 Original: Silver One Reports Completion of Core and Auger Drilling, and ZTEM Survey
CA Market News
1月前
Silver One Commences an Airborne ZTEM Geophysical Survey at Its Candelaria Project, NevadaMay 4, 2026 12:15 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has commenced a property-wide airborne Z-Axis Tipper Electromagnetic ("ZTEM") survey at its 100%-owned Candelaria Project in Nevada. The goal of the survey is to evaluate the presence of shallower, structurally controlled, manto-style mineralization and to define potential deeper porphyry-style mineralized systems. These manto-style systems are host to the silver resources at Candelaria. To date, resources at Candelaria completed in accordance with National Instrument 43-101 ("NI 43-101") constitute 108.18 million Measured and Indicated ounces of silver equivalent ("AgEq") plus 29.46 million ounces of Inferred AgEq (see Company's news release of May 6, 2025 and technical report filed on Sedar + on June 18, 2025). Greg Crowe, Silver One's President and CEO, commented: "Candelaria already hosts significant silver resources within well-defined structurally hosted manto horizons, yet the broader mineralizing system along strike and down-dip remains largely untested. The commencement of this ZTEM survey marks a key step in evaluating the potential for expanding the footprint of the known manto-style mineralization and potential deeper porphyry centers. The results will play a key role in guiding our next phases of exploration and in advancing Candelaria toward future development."Mapping resistivity contrasts at depth will help in identifying potential new targets, and refining existing ones previously outlined by magnetometer, Induced Polarization ("IP") and rock geochemical surveys (see news release dated June 13, 2022). The ZTEM survey will cover the entire property comprising the Candelaria project (see Figure 1). Results of this ZTEM program will be combined with earlier geophysical and geochemical survey data to support future drill-target selection and to further advance the geological understanding of the broader mineralizing system.Geological ContextCandelaria hosts a large, district-scale silver system with a well-defined resource base comprising 108.18 million ounces AgEq in Measured & Indicated resources and 29.46 million ounces AgEq in Inferred resources (see Company's news release of May 6, 2025 and NI 43-101 technical report filed on Sedar+ for complete technical details). The mineralization is primarily manto-style, structurally and stratigraphically controlled, and associated with extensive hydrothermal alteration. Historical work and recent reinterpretations suggest that this system may be part of a much larger, horizontally and vertically extensive hydrothermal system, potentially underlain by a deeper porphyry center that could have driven the metal-rich fluids responsible for the structurally controlled manto deposits (see Company's news release of June 13, 2022). The ZTEM survey is designed to detect large-scale conductive and resistive features at depths, penetrating to 1-2 km, making it well suited for imaging signatures of porphyry systems and related alteration halos.Figure 1. Candelaria project target areas including geochemical (rock sampling) and geophysical (induced polarization ("IP"), metal factor, and magnetic vector inversion ("MVI")) anomalies. The ZTEM survey will cover the entire property and surrounding areas.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/295563_3dff261134015af7_001full.jpgSurvey DetailsThe airborne program will be conducted by Geotech Ltd., utilizing its helicopter-borne ZTEM system. The survey will cover the entire Candelaria property, providing a high-resolution geophysical dataset capable of outlining:Structural corridors that may host manto-style silver mineralizationBroad lithological contrasts relevant to resource expansion and target rankingDeep conductive zones potentially associated with porphyry copper-silver mineralizationResistive cores and alteration footprints commonly characteristic of porphyry systemsData acquisition is expected to be completed by mid-May, followed by processing, 3D inversion, and interpretation. The integration of the ZTEM results with existing geological, geochemical, and geophysical datasets will support the definition and prioritization of new drill targets.Qualified PersonThe 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 OneSilver 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.comForward-Looking StatementsInformation 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.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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295563
Original: Silver One Commences an Airborne ZTEM Geophysical Survey at Its Candelaria Project, Nevada
CA Market News
1月前
Silver One Reports Rock Sampling Results and Provides Update on Geophysical Surveys at its Phoenix Silver Project, ArizonaApril 28, 2026 12:15 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 28, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") reports that surface rock sampling at its Phoenix Silver Project in Arizona continues to yield positive results, with selected samples returning grades of up to 6.97% copper and 5,007 g/t silver (see Table 1, Figures 1 to 3 and the Company's news releases dated June 6 and May 15, 2024). In parallel, a detailed drone-borne magnetometry survey over the 417 area, where the 417 pound silver specimen and multiple other silver fragments have been found, has clearly delineated structural features interpreted as potential controls on mineralization. The Company also provides an update on the ground-penetrating radar ("GPR") and induced polarization and magnetotelluric ("IP-MT") surveys (see news releases dated December 16 and September 22, 2025).Greg Crowe, President and CEO of Silver One, commented: "These new assay and geophysical results continue to reinforce the exceptional potential of the Phoenix Silver Project, where we are advancing high-grade silver targets in the central-northern area, and copper targets in the southern portion of the property. The presence of strong silver and copper values, combined with well-defined structural trends and our proximity to major mining operations, highlights Phoenix Silver as one of the most compelling exploration opportunities in the Globe-Miami district in Central AZ. We look forward to advancing silver exploration, including the potential for additional drilling in the 417 area, as well as integrating the forthcoming IP-MT results to bring the southern copper targets to their first round of drilling."Next Steps The Company's near-term work program include:Integration of IP-MT results with existing datasets to rank and select porphyry copper drill targets in the southern project area.A test microgravity survey over the 417 area to evaluate the potential presence of large masses of native silver at depth. If successful, the survey will be expanded to additional targets around the 417 zone and into the Nuggets North area.Geologic ContextPhoenix Silver is being advanced along two distinct but potentially genetically linked target types: High-grade silver targets in the central-northern part of the property (417 and Nuggets North, among other), andCopper targets in the southern part of the property (QR and Defiance, Figure 1), where sampling and geophysics continue to highlight strong porphyry-style potential.These target types reflect the well-established geological framework of the Superior-Globe-Miami district, where silver and base-metal vein systems commonly represent the distal, upper-level expressions of deeper porphyry copper deposits. Notable examples include the Silver King Mine, which is the surface manifestation of the Magma Mine, itself connected to the world-class Resolution copper deposit. Proximal to the Phoenix Silver property, BHP has recently intersected porphyry copper mineralization beneath the Old Dominion Mine which was host to northeast trending polymetallic (Cu, Pb, Zn +/- Ag and Au) veins. These silver-rich vein systems occur along northeast-oriented structural corridors that have historically guided the discovery of major porphyry centers throughout the district. Silver One's Phoenix Silver Project is situated along the same northeast-trending structural and alteration corridor, approximately 5 kilometres northeast of Freeport-McMoRan's Copper Cities Mines and BHP's Ocelot discovery, placing it squarely within a proven mineralized belt where near-surface silver systems and deeper porphyry copper deposits are genetically linked.References to other nearby mines and deposits made in this news release provide context for the Phoenix Silver Project, which occurs in a similar geologic setting, but this is not necessarily indicative that the property hosts similar grades and tonnages of mineralization.Q4 2025 Rock Sampling ProgramThe 2025 rock sampling focused on the southern portion of the property, targeting altered zones, small pits, prospects, and historic dumps and comprised 123 rock samples (both selected grab and chip) for a project total of 361 samples. This area is considered highly prospective for porphyry copper mineralization, lying along the prolific Globe-Miami district, approximately 5 kilometres along strike from Freeport-McMoRan'sMiami-Inspiration mining complex and adjacent to BHP's emerging Ocelot porphyry copper prospect.Figure 1. 2D ZTEM resistivity inversion 600 m depth showing location of rock, dump, and rock-chip samples collected at the Phoenix Silver property highlighting copper values above 0.6%. The blue dashed lines illustrate the northeast oriented lineaments which are the northeast extension of the Globe-Miami-Inspiration porphyry copper belt (modified from Company's news release of February 20, 2025.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/294504_970d5b1644c19be3_001full.jpgKey results include:Peak copper values reached 6.97% 30% of samples returned >0.1% Cu16% exceeded 0.6% CuSilver values up to 5,007 g/t AgStrongly anomalous Mo (to 293 ppm), Pb (to 20%), and Zn (to 4%)Table 1. Selected assay results from rock samples (selected and chip) collected in the southern part of the Phoenix Silver property during the fourth quarter of 2025. Copper results for selected samples are illustrated in Figures 1, 2, and 3.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/294504_silverone1.jpgThe program was designed to complement existing geochemical data, refine anomalous zones, and integrate results with geological, structural, and geophysical datasets to support drill-target ranking. The results confirm copper-silver mineralization consistent with porphyry-style systems in the region (see Company's news release of June 6, 2024 which documents widespread copper-silver occurrences across the southern project area).Figure 2. Location of rock samples (selected and chip) collected on the Phoenix Silver property to date, showing silver assay. Circles represent samples collected in Q4 2025 reported in this news release, while squares denote samples collected prior to 2025.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/294504_970d5b1644c19be3_003full.jpgFigure 3. Location of rock samples (selected and chip) collected at the Phoenix Silver property, showing copper assay and highlighting copper values greater than 0.6% in selected samples. Circles represent samples collected in Q4 2025 reported in this news release, while squares denote samples collected prior to 2025To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/294504_970d5b1644c19be3_004full.jpgDrone-Borne Magnetometry SurveyA high-resolution drone-borne magnetometry survey was completed in January 2026 over the 417 area, where large native silver fragments—including the well-known 417-pound (189 kg) specimen containing up to 70% silver—were previously discovered.The survey delineated several significant structural features (Figure 4):East-west, northeast-southwest, and northwest-southeast structures interpreted as key mineralization controlsStructural intersections that may represent favourable traps for high-grade silverA continuous east-west magnetic low interpreted as the 417 vein system, traceable for ~1 kmEast-west magnetic highs (red anomalies) interpreted as dikesThese results justify follow-up work, including a test gravity survey, and will be incorporated into ongoing target refinement for the central-northern silver target area.Figure 4. Magnetic vertical derivative map of the 417-Mexican mine area highlighting structural features interpreted from the drone-borne magnetometry survey. Red dashed lines are interpreted veins. Heavy black oval shows the area drilled in 2024 where the company plans to conduct a microgravity test survey.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/294504_970d5b1644c19be3_005full.jpgGround-Penetrating Radar (GPR) SurveyA GPR survey was conducted over the 417 area. Due to the impervious nature of the near-surface rock, radar penetration was limited and results were inconclusive. GPR is not expected to be a reliable tool for future work at Phoenix Silver.IP-MT Survey and 3D ModellingThe IP-MT survey completed in early 2026 is now in the final stages of 3D modelling. Results are expected in the coming weeks. This dataset will be integrated with geochemistry, geology, and structural interpretations to prioritize porphyry copper targets in the southern project area.Analytical and QA/QCSamples were collected by Company geologists during property visits conducted between October and November 2025. Samples varying in size from approximately 2 kg to 6 kg and were submitted to SGS for preparation and analysis. The preparation was performed at the SGS Tempe AZ site. Analysis was performed at the SGS NAM Minerals Geochemistry lab Burnaby site, 3260 Production Way Burnaby BC. V5A 4W4 CANADA (ISO accredited Laboratory, ISO/IEC17025). Samples were analyzed by 51 element package - aqua regia digestion, ICP-AES / ICP-MS, combining GE_ICP21B20 & GE_IMS21B20, and gold by 30 g Fire Assay, AAS. Over limit copper, lead and zinc were analyzed by aqua regia digestion ICP/AES (0.5 g sample). Silver and gold overlimits were analyzed by ore grade 30 g Fire Assay, gravimetric. Silver One and SGS insert blanks, standards and includes duplicate analyses to ensure proper sample preparation and equipment calibration.Qualified PersonsThe technical content of this news release, not related to the mineral resource, 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 OneSilver One is focused on the exploration and development of quality silver projects. The Company holds 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.comForward-Looking StatementsInformation 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294504
Original: Silver One Reports Rock Sampling Results and Provides Update on Geophysical Surveys at its Phoenix Silver Project, Arizona
CA Market News
3月前
Silver One to Present at John Tumazos Very Independent Research Webinar on April 1, 2026March 25, 2026 12:15 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that President and CEO Greg Crowe will provide a live webcast presentation at the John Tumazos Very Independent Research, LLC virtual conference on Wednesday, April 1st, at 2:45 pm EDT. Mr. Crowe plans to review ongoing metallurgical work and drilling programs at Silver One's past producing Candelaria silver mine in Nevada. These programs are designed to upgrade the current resource on its two heap leach pads, provide more heap leach material for a Pilot test to determine silver and gold recoveries using Extrakt/Bechtel's innovative, non-cyanide leaching solutions and to continue drilling potential extensions to the current in-ground silver-gold resource completed in compliance with NI 43-101. The ultimate goal is to complete a Pre-Feasibility study by the end of 2026. Ongoing work at the Company's Phoenix Silver project in Nevada will also be discussed. At Phoenix Silver, Silver One is continuing to explore for very high-grade silver vein potential. It is also assessing the potential for a porphyry copper-silver system in the southern portion of its property. The property lies immediately along strike from Freeport McMoRan's Miami-City copper producing operations and from BHP's recent Ocelot porphyry discovery. All these projects lie within one of the most prolific porphyry copper-silver belts in the United States, which is also host to Capstone's Pinto Valley, KGHM's Carlota and Rio Tinto-BHP's Resolution deposits. To access the live presentation, please register in advance by going to:https://attendee.gotowebinar.com/register/8422108889641405020Qualified PersonsThe 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 OneSilver One is focused on the exploration and development of quality silver projects. The Company holds 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.comForward-Looking StatementsInformation 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.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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289846
Original: Silver One to Present at John Tumazos Very Independent Research Webinar on April 1, 2026
CA Market News
3月前
Silver One Commences Core Drilling for Geotechnical Pit Slope Study at Its Candelaria, Project NevadaMarch 2, 2026 12:15 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that has commenced a core drilling program that will provide essential geotechnical data for its Candelaria Silver Project in Nevada. In parallel, the company has engaged Call & Nicholas, Inc., a globally recognized geotechnical engineering firm, to conduct a pre-feasibility level ("PFS") pit-slope stability study in support of a conceptual PFS open-pit design. This work represents a major advancement toward the Company's planned PFS, scheduled for completion in Q4 2026.The drilling program includes nine HQ-diameter (63.5 mm) core holes totaling approximately 1,900 metres, strategically positioned within and along the margins of the proposed open-pit footprint (See Figure 1). The resulting geotechnical data will guide slope design, optimize mine engineering, and support long-term operational safety and efficiency.Candelaria stands out as one of the most compelling emerging silver projects in the United States. A former producing mine with a long history of successful operations, the project benefits from previous permitting, excellent infrastructure (including power and water), road access year-round, and significant potential for resource expansion along strike and at depth. These advantages position Candelaria as a rare combination of scale, simplicity, and growth opportunity in a Tier-1 jurisdiction.The project currently hosts a substantial resource potentially suitable for open-pit development, including:Measured & Indicated ("M&I"): 22,070,000 tonnes grading 94 g/t Ag and 0.20 g/t Au, containing 66.754 million ounces of silver and 141,400 ounces of gold, or 70.84 million ounces AgEqInferred: 2,960,000 tonnes grading 68 g/t Ag and 0.18 g/t Au, containing 6.462 million ounces of silver and 17,000 ounces of gold, or 7.00 million ounces AgEqThis open-pit resource constitutes only a portion of the overall property resources, which also include two heap leach pads hosting substantial amounts of silver and gold. The current global resource for the property amounts to 108.18 million ounces AgEq M&I plus 29.53 million ounces AgEq Inferred (See Table 1 and 2; Company news release dated May 6, 2025; and complete details in the NI 43-101 Technical Report "Mineral Resource Estimate on the Candelaria Property" dated April 30, 2025, filed on SEDAR+).Gregory Crowe, President and CEO, commented: "Launching the geotechnical drilling program and commissioning Call & Nicholas for the PFS-level slope-stability study marks a major milestone in de-risking and advancing Candelaria. This work provides the engineering backbone for our open-pit design and is essential to delivering a robust pre-feasibility study. With its strong resource base, past-producing history, excellent infrastructure, and clear potential for expansion, Candelaria continues to demonstrate why it is one of the most exciting silver development projects in Nevada."Figure 1. Planned geotechnical drill-hole location map (UTM NAD83 11S). Blue line shows the perimeter of the proposed pit design.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/285851_e18aa4234463c854_001full.jpgTable 1. Candelaria in-ground, underground, and stockpiles mineral resource estimates. The mineral resource estimate has an Effective Date of April 30, 2025.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/285851_image1.jpgTable 2. Candelaria Leach Pad mineral resources. The mineral resource has an Effective Date of August 6, 2020.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/285851_image2.jpgQualified PersonsThe technical content of this news release, not related to the mineral resource, 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 OneSilver One is focused on the exploration and development of quality silver projects. The Company holds 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.comForward-Looking StatementsInformation 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.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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285851
Original: Silver One Commences Core Drilling for Geotechnical Pit Slope Study at Its Candelaria, Project Nevada
CA Market News
3月前
Silver One Initiates Drilling on Candelaria's, Nevada Heap Leach Pads to Upgrade Resources and Prepare for Pilot Metallurgical TestingFebruary 23, 2026 12:20 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it is launching a new drilling campaign at its Candelaria Project in Nevada, designed to upgrade the Leach Pad Indicated and Inferred mineral resources to Measured and Indicated. This program marks another step forward in advancing Candelaria towards development. The new resource will be incorporated into a Pre-Feasibility Study ("PFS") currently in progress.In addition to supporting resource conversion, the program will generate bulk samples for metallurgical pilot testing - a key component in refining processing assumptions and strengthening project economics.The campaign comprises 1,400 meters using 8-inch diameter Hollow Stem Auger ("HSA") across 56 planned holes on the LP1 and LP2 leach pads. Candelaria's leach pad resources currently include 22.18 million tonnes grading 42.1 g/t silver and 0.074 g/t gold, containing 30.02 million ounces of silver and 52,000 ounces of gold in the Indicated category. The Inferred category comprises an additional 11.45 million tonnes grading 41.8 g/t silver and 0.10 g/t gold, containing 15.4 million ounces of silver and 36,700 ounces of gold. Silver-equivalent ("AgEq") resources total 30.8 million ounces Indicated and 16.1 million ounces Inferred (see Table 1 and the Company's news release dated May 6, 2025).Gregory Crowe, President and CEO commented: "This upcoming drilling and sampling program is designed to enhance confidence in these substantial leach pad resources, while providing the metallurgical data needed to support ongoing project advancement. Pilot testing will potentially validate the increased silver recoveries using Extrakt/Bechtel non-cyanide solutions and pave the way towards what is hoped to be a robust PFS later in 2026."Table 1. Candelaria Leach Pad mineral resources as reported in the Technical Report titled "Mineral Resource Estimate on the Candelaria Property" dated April 30, 2025 and filed on SEDAR+. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/284902_silverone.jpgCandelaria's project resources total 108.18 million ounces of silver equivalent ("AgEq") in the Measured and Indicated categories, and 29.46 million ounces of AgEq, including in-ground, leach pad and stockpiles material (See Company's news release dated May 6, 2025 and the Technical Report titled "Mineral Resource Estimate on the Candelaria Property" dated April 30, 2025 and filed on SEDAR+ for complete technical details).Candelaria Project BackgroundCandelaria was historically the highest-grade silver producer in the state of Nevada, averaging over 1,200 g/t Ag (40 oz/T Ag) from high-grade vein mining between the mid-1800s and the mid-1900s. Open pit mining operations mined silver and base metals from stockwork and manto-style mineralized bodies with accessory gold values hosted in rocks of the Candelaria and Pickhandle Gulch formations. The majority of the mineralization is associated with the Lower Candelaria shear and Pickhandle thrusts. Open-pit mining was undertaken in the 1980s through 1998 by several companies, including Nerco, Inc. and Kinross Gold. Kinross closed the open pit and leach operation in 1998 due to low silver prices, however, leaching of the historic pads was not completed leaving a substantial amount of unrecovered silver. It is estimated that the property has produced over 68 million ounces of silver. Historical information was obtained from "Geology of the Candelaria Mining District, Mineral County, Nevada, 1959, Nevada Bureau of Mines, Bulletin 56". Qualified PersonsThe technical content of this news release, not related to the mineral resource, 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 OneSilver One is focused on the exploration and development of quality silver projects. The Company holds 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 12 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.comForward-Looking StatementsInformation 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.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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284902
Original: Silver One Initiates Drilling on Candelaria's, Nevada Heap Leach Pads to Upgrade Resources and Prepare for Pilot Metallurgical Testing
CA Market News
4月前
Silver One Announces Closing of Final Tranche of $32 Million FinancingFebruary 3, 2026 11:31 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has closed its second and final tranche (the "Second Tranche") of its previously announced non-brokered private placement financing (the "Offering", see news release dated January 13, 2026, January 14, 2026 and January 29, 2026). Under the Second Tranche, the Company issued 1,590,000 units of the Company (the "Units") at a price of $0.58 per Unit for gross proceeds of $922,200. Under the entire Offering, the Company issued a total of 55,173,000 Units at a price of $0.58 per Unit for aggregate gross proceeds of $32,000,340.Each Unit consists of one (1) common share ("Share") and one-half (1/2) of one common share purchase warrant (each whole share purchase warrant, a "Warrant"), with each whole Warrant entitling the holder to purchase one (1) additional common share (a "Warrant Share") at $0.80 per Warrant Share for a period of three years from the date of issue. The securities issued under the Offering to Canadian subscribers are not subject to a hold period in Canada as the Units were offered pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, to purchasers resident in Canada (other than the province of Quebec). Under the entire Offering, the Company paid finders a cash fee totaling $1,834,754. No finder's warrants were issued.The net proceeds of the Offering will be used on (i) its drilling program at the Candelaria Project; (ii) certain exploration and geophysics work at its mineral properties; (iii) metallurgical and environmental work at the Candelaria Project, (iv) preparing a pre-feasibility study on the Candelaria Project; (v) annual mineral claim payments to the Bureau of Land Management; (vi) exploration drilling at the Company's mineral properties and (vii) general working capital purposes.This news release does not constitute an offer to sell, or solicitation of an offer to buy, nor will there be any sale of any of the securities offered in any jurisdiction where such offer, solicitation or sale would be unlawful, including the United States of America. The securities being offered as part of the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and any applicable state securities laws, or pursuant to available exemptions therefrom.About Silver OneSilver 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 has staked 636 lode claims and entered into a Lease/Purchase Agreement to acquire 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.comForward-Looking StatementsInformation 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.NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/282654
Original: Silver One Announces Closing of Final Tranche of $32 Million Financing
CA Market News
4月前
Silver One Announces Closing of First Tranche for $31 MillionJanuary 29, 2026 6:25 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has closed its first tranche of its previously announced non-brokered private placement financing (see news release dated January 13, 2026 and January 14, 2026). The Company issued 53,583,000 units of the Company (the "Units") at a price of $0.58 per Unit for aggregate gross proceeds of $31,078,140 (the "Offering"). The Company expects to close the final tranche of $922,200 shorlty."Management is very pleased with the enthusiastic response to the Offering. Eric Sprott subscribed for approximately $10 million of the $32 million placement and now holds approximately 16.0% of the issued and outstanding shares. We also welcome other new institutions into the shareholder register. This is a strong show of support for our company and its silver-focused projects."The Company plans to move aggressively with more exploration drilling at all our projects, especially regarding the potential to increase the in-ground mineralization marginal to the two open-pits at Candelaria. We will be continuing our heap pad drilling, sampling and metallurgical studies in preparation for our upcoming pre-feasibility study," stated Greg Crowe, Chief Executive Officer of the Company.Each Unit consists of one (1) common share ("Share") and one-half (1/2) of one common share purchase warrant (each whole share purchase warrant, a "Warrant"), with each whole Warrant entitling the holder to purchase one (1) additional common share (a "Warrant Share") at $0.80 per Warrant Share for a period of three years from the date of issue. The securities issued under the Offering to Canadian subscribers are not subject to a hold period in Canada as the Units were offered pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, to purchasers resident in Canada (other than the province of Quebec). Under the Offering, the Company paid a finders' a cash fee of $1,779,464. No finder's warrants were issued.The net proceeds of the Offering will be used on (i) its drilling program at the Candelaria Project; (ii) certain exploration and geophysics work at its mineral properties; (iii) metallurgical and environmental work at the Candelaria Project, (iv) preparing a pre-feasibility study on the Candelaria Project; (v) annual mineral claim payments to the Bureau of Land Management; (vi) exploration drilling at the Company's mineral properties and (vii) general working capital purposes.Eric Sprott Increases OwnershipMr. Sprott, through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 17,240,000 Units pursuant to the Offering for total consideration of $9,999,200. Prior to the Offering, Mr. Sprott beneficially owned or controlled 37,873,016 Shares of the Company representing approximately 13.0% of the outstanding common shares of the Company. As a result of the Offering, Mr. Sprott beneficially owns or controls 55,113,016 Shares and 8,620,000 Warrants of the Company representing approximately 16.0% on a non-diluted basis and 18.0% on a partially diluted basis assuming the exercise of such Warrants.The Units were acquired by Mr. Sprott for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities of Silver One including on the open market or through private acquisitions or sell securities of Silver One including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. A copy of the early warning report with respect to the foregoing will appear on Silver One's profile on SEDAR+ at www.sedarplus.ca and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106, Toronto Ontario M5C 3C5).This news release does not constitute an offer to sell, or solicitation of an offer to buy, nor will there be any sale of any of the securities offered in any jurisdiction where such offer, solicitation or sale would be unlawful, including the United States of America. The securities being offered as part of the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and any applicable state securities laws, or pursuant to available exemptions therefrom.About Silver OneSilver 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 has staked 636 lode claims and entered into a Lease/Purchase Agreement to acquire 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.comForward-Looking StatementsInformation 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.NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/282146
Original: Silver One Announces Closing of First Tranche for $31 Million
ComstockRoyalty
1年前
Vancouver, British Columbia–(May 6, 2025) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) (“Silver One” or the “Company”) is pleased to announce the completion of a NI 43-101 mineral resource estimate (“MRE”) for its Candelaria Project (the “Project”), located in Nevada, USA. The mineral resource estimate, prepared by James A. McCrea, P. Geo, includes the in-ground mineralization and stockpiles adjacent to the historic Mount Diablo and Northern Belle pits (Table 1). The MRE was prepared in accordance with the 2014 Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards and Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
Highlights:
Mount Diablo and Northern Belle pit-constrained resources:
Measured and Indicated (M&I) resource of 22,070,000 tonnes averaging 94 g/t Ag and 0.20 g/t Au, for 66.754 million ounces of silver and 141,400 ounces of gold, or 70.84 million ounces of silver equivalent (“AgEq”) (see note ? in table 1).
Inferred resource of 2,960,000 tonnes averaging 68 g/t Ag and 0.18 g/t Au, for 6.462 million ounces of silver and 17,000 ounces of gold (7.00 million oz AgEq).
Underground Measured and Indicated resource of 1,200,000 tonnes averaging 168 g/t Ag and 0.27 g/t Au, for 6.45 million ounces of silver and 10,200 ounces of gold (6.50 million oz AgEq).
Underground Inferred resource of 650,000 tonnes averaging 150 g/t Ag and 0.24 g/t Au, for 3.136 million ounces of silver and 5,100 ounces of gold (3.15 million oz AgEq).
Candelaria’s project resources (from open-pit, underground, stockpiles and heap-leach pads) now total 108.18 million ounces of silver equivalent in the Measured and Indicated categories, and 29.46 million ounces of silver equivalent in the Inferred category.
Edgenation
6年前
Silver One Increases Financing to $9.5 Million
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2020) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One") is pleased to announce due to an oversubscription that it has increased its previously announced private placement financing from 20,000,000 units ("Units") to 21,111,111 Units at a price of $0.45 per Unit for gross proceeds of $9.5 million (the "Offering").
Each Unit will continue to be comprised of one common share and one-half of one common share purchase warrant ("Warrant"), with each whole Warrant entitling the holder to purchase one additional common share at $0.65 per share for a period of three (3) years from the date of issue.
All securities issued in connection with the Offering will be subject to a four-month statutory hold period. The Company may pay a finder's fee may in cash and or share purchase warrants in accordance with the rules of the TSX Venture Exchange.
Proceeds of the financing will be used for ongoing exploration and drilling activities at the Candelaria Silver Project, additional exploration activities to further define the high-grade silver-gold-copper vein systems at the Company's Cherokee Project and to explore for very high-grade targets at the recently acquired Phoenix Silver project. It will also be used for potential silver focused acquisitions and for working capital purposes.
Completion of the private placement remains subject to the approval of the TSX Venture Exchange.
This news release does not constitute an offer to sell, or solicitation of an offer to buy, nor will there be any sale of any of the securities offered in any jurisdiction where such offer, solicitation or sale would be unlawful, including the United States of America. The securities being offered as part of the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and any applicable state securities laws, or pursuant to available exemptions therefrom.
About Silver One
Silver One is focused on the exploration and development of quality silver projects.
The Company holds an option to acquire a 100%-interest in its flagship project, the past-producing Candelaria Silver Mine, Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria is being investigated. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and the possibility of increasing the substantive silver mineralization along-strike from the two past-producing open pits.
The Company has staked 636 lode claims and entered into a Lease/Purchase Agreement to acquire 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 12 km along-strike. The property also has potential for limestone related polymetallic plus silver and gold and/or other intrusive related systems at depth.
Silver One holds an option to acquire 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.
In addition, the Company also holds a 100% interest in three significant silver assets located in Mexico - Peñasco Quemado, Sonora; La Frazada, Nayarit; and Pluton, Durango.
For more information, please contact:
Silver One Resources Inc.
Gary Lindsey
Phone: (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 RESPONSIBILITYFOR THE ADEQUACY OR ACCURACYOF THIS RELEASE.
NOT FOR DISTRIBUTION IN THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.