Silver One Resources is a Canadian company focused on the exploration and development of quality silver assets. Silver One entered into an Option Agreement with SSR Mining (NASDAQ: SSRI) (TSX: SSO) to acquire a 100% interest in the past producing Candeleria Mine located within the Candelaria Mining District. The Candelaria district was historically the richest silver mining district in Nevada, with the Candelaria property producing over 69 million ounces of silver from 1864 until 1999 under various owners.
The company’s strategy is to significantly increase resources, with a plan to enter production in 2020. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production. The analytical testing from recent drilling of the heap leach pads followed by metallurgical testing, will determine the economic recovery of silver within the heaps. Additional opportunities lie in assessing previous high-grade silver intercepts down-dip and potentially increasing the already substantial resources by drilling areas of historic workings along strike from the two past-producing open pits.
The company also holds a 100% interest in three significant silver assets located in Mexico - Peñasco Quemada, Sonora; La Frazada, Nayarit; and Pluton, Durango acquired from First Mining Gold, one of the Company’s largest shareholders.
- Jan 21, 2018 - Jan 22, 2018Vancouver Resource Investment Conference 2018Vancouver, BC
- Mar 4, 2018 - Mar 7, 2018PDAC (Prospectors & Developers Association of Canada Conference)Toronto, ON * Booth Number: IE2930
- May 17, 2018 - May 18, 2018121 Mining Investment LondonLondon, UK
- May 23, 2018 - May 24, 2018121 Mining Investment SingaporeSingapore
- Jun 5, 2018 - Jun 6, 2018121 Mining Investment New YorkNew York
Silver One’s aim is to become a premiere silver focused exploration and development company. The company is led by a proven management team and consultants with a track record of success in moving projects forward and creating value for their shareholders. Silver Ones business plan is an aggressive combination of growth through development of its existing properties, acquisition, and partnerships. The Company holds a large base of silver ounces and benefits from strong financial backing and public market support.