Silver One Commences Drilling at Phoenix Silver Project Adapted from Information by Silver One Resources Inc. Drilling has begun at Silver One’s Phoenix Silver Project located near Globe, Arizona. The company is focused on developing high-quality silver products and is excited about the potential of the 417 target area, which is in the current drill permit and contains high-grade silver vein fragments, including those found in the central part of the property. Although this fragment is a collector’s specimen and not evaluated, specific gravity testing indicates a high concentration of native silver, potentially up to 70%. The drilling program consists of 8200 feet including up to 40 diamond drill holes off 13 different drill pads. Seven priority silver and polymetallic targets have been delineated to date using a drone-mounted magnetic survey and via geological mapping conducted in selected areas of the property. Rock sampling, soil geochemistry, and geophysical surveys conducted over selected areas have also delineated anomalies that coincide with exploration targets, as well as highlighting the importance of the 417-pound silver fragment target and Mexican Mine areas. Greg Crowe, Silver One’s President, CEO, and Director commented, “We are very excited to initiate the inaugural drilling program at this exceptional project. The property has never been drilled, but the outlook is promising as evidenced by the abundance and nature of the very highgrade silver fragments found around the drilling area. The angular and unabraded nature to the fragments that have been discovered at shallow depths under the cover soil suggests this material has not traveled far from its suspected source. The best drill targets identified to date are just upslope from where the 417-pound fragment was uncovered and are coincidental with the location of geophysical and geochemical anomalies.” Approximately half of the property has been explored, with less than 50% prospected and geochemically sampled, and only a fraction has been mapped in detail. Over 200 silver samples have been collected, indicating potential for more areas to yield positive results with continued exploration. Silver One management is optimistic about the larger scale exploration potential of the property. EXB What type of articles are you looking for? Just ask us and we will find them. sophia@worldwidedrillingresource.com 12 JANUARY 2025 WorldWide Drilling Resource®
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