SILVER ONE COMMENCES ROAD AND PAD CONSTRUCTION IN PREPARATION FOR DRILLING AT ITS HIGH-GRADE PHOENIX SILVER PROJECT, ARIZONA

PR Newswire · Sep 17 14:56

DRILL TARGETS INCLUDE VEIN STRUCTURES THAT ARE POTENTIAL SOURCE OF MULTIPLE VEIN FRAGMENTS INCLUDING A 417 POUND NATIVE SILVER-RICH VEIN FRAGMENT

VANCOUVER, BC, Sept. 17, 2024 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce the commencement of construction of road and drill pads in preparation for drilling the first of several silver targets at its high-grade Phoenix Silver Project located near Globe, Arizona (See Figures 1 and 2).

Figure 1 – Map of the 417 Vein Target Area showing outcropping veins and permitted drill pad locations.

Figure 2 – Map of the Phoenix Silver property, showing main veins and targets. Much of the north half of the property is covered by Tertiary and Quaternary gravel and alluvium and has not been mapped in detail. Target # 1 (or 417 Target Area), encompasses the 417 lb silver fragment, multiple veins (see figure 1) and the permitted area for drilling. Targets south of the 417 area, include polymetallic veins as well as alteration zones potentially associated with porphyry-style mineralization.

Figure 3 – 417 pound vein fragment containing estimated 70% silver (determined by specific gravity method). The photo is of a selected sample that is not necessarily representative of the mineralization hosted on the property.

Figure 4 – 459,000 g/t silver (13,385 oz tr/sh tn) vein fragment containing abundant visible native silver. The above photo is of a selected sample that is not necessarily representative of the mineralization hosted on the property.

Figure 5: Phoenix Silver location map showing copper belts of the Miami-Globe porphyry copper district. Major mines and deposits include the Miami-Inspiration mining complex and BHP's porphyry copper discovery area. Blue contours are northeast-oriented regional magnetic (MVI – contour interval 0.0002 SI) anomalies which form a spatially coincident signature of the mineral belts of the Miami-Globe copper district.

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SILVER ONE COMMENCES ROAD AND PAD CONSTRUCTION IN PREPARATION FOR DRILLING AT ITS HIGH-GRADE PHOENIX SILVER PROJECT, ARIZONA

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