- Silver One Resources (SVE) has completed a core drilling program for metallurgical testing at its Candelaria project
- A total of 1,010 metres in six holes were drilled along the north side of the Mount Diablo pit in an area 300 m long by 200 m wide
- Results from the metallurgical testing will be used in an upcoming in-ground resource estimate
- Silver One has granted a total of 2,590,000 stock options to its directors, officers, employees, and consultants
- Silver One is focused on the exploration and development of quality silver projects
- Silver One Resources Inc. (SVE) is down 1.59 per cent on the day, trading at C$0.31 per share at 4 pm ET
Silver One Resources (SVE) has completed a core drilling program for metallurgical testing at its Candelaria project in Nevada.
A total of 1,010 metres in six holes were drilled along the north side of the Mount Diablo pit in an area 300 m long by 200 m wide. The samples collected are being prepared for testing at Kappes, Cassiday & Associates in Reno, Nevada.
Results from the metallurgical testing will be used to evaluate the economics of various processing scenarios, including mixing new mineralization with the historic heap leach mineralization versus processing the heap leach material alone.
Metallurgical core hole coordinates and other identification data (UTM NAD83-11).
| DRILL HOLE ID | East (m) | North (m) | Elevation (m) | Azimuth Deg | Dip Deg | Total Depth (m) | Notes |
| SO-C-22-132 | 405463 | 4223229 | 1851.5 | 0 | -90 | 176.50 | Sulfide North Diablo pit |
| SO-C-22-133 | 405493 | 4223234 | 1851.5 | 0 | -90 | 193.50 | Sulfide North Diablo pit |
| SO-C-22-134 | 405551 | 4223219 | 1820.7 | 0 | -90 | 164.60 | Oxide North Diablo pit |
| SO-C-22-135 | 405312 | 4223092 | 1833.3 | 180 | -70 | 169.11 | Oxide North Diablo pit |
| SO-C-22-136 | 405314 | 4223232 | 1857.3 | 180 | -75 | 145.82 | Mixed North Diablo pit |
| SO-C-22-137 | 405383 | 4223247 | 1858.7 | 180 | -80 | 161.21 | Mixed North Diablo pit |
| 1,010.74 |
Silver One has granted a total of 2,590,000 stock options to its directors, officers, employees, and consultants. The options are exercisable at $0.33 per share for a period of five years from the date of grant.
Silver One is focused on the exploration and development of quality silver projects. The company holds an option to acquire a 100 per cent interest in its flagship project, the past-producing Candelaria Mine located in Nevada.
Silver One Resources Inc (SVE) is down 1.59 per cent, closing at $0.31 per share.