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Silver One Resources Inc.
Summary
| Project: | Candelaria | |
|---|---|---|
| Deposit: | Candelaria | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 3/2/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-3-2020: Silver One Resources Inc. announces an Exploration/Drilling Update report for its Candelaria deposit at the Candelaria project. Drilling results incl. 27.62m @ 0.45g/t Au, 350.11g/t Ag from 272m. Vancouver, British Columbia--(Newsfile Corp. - Ma | |
| Resources: | x | |
| CP/QP: | [Reserve] n/a (n/a) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - March 2, 2020) - Silver One Resources Inc. (TSXV: SVE) (OTCQB: SLVRF) (FSE: BRK1) "Silver One" or the "Company") is pleased to report initial results of the ongoing diamond drill program at its Candelaria project, Nevada. Drilling completed to date consists of a total of 2,295 meters drilled in 7 holes. Assays of 5 holes received have confirmed high-grade silver mineralization below and north of the Mount Diablo pit limits and the down-dip continuation of the mineralization north of the Mount Diablo pit. One high-grade down-dip intercept in hole SO-C-19 047 returned 1,129 gm/t silver over 8 m true width, within a 27.62 meter interval that averaged 350 gm/t silver (see table below). Width and grades at Mount Diablo are in line with historic results reported by Silver Standard in the areas of the Mount Diablo and Northern Belle open-pits. Average thickness of the main mineralized zone, called Lower Candelaria Shear ("LCS", ) is 22m. Orebody thicknesses hold up well down-dip, with intercepts piercing the mineralized body up to 400 meters north of the lower limit of the Mount Diablo pit (Hole 49). | |
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