Silver One is a silver focused exploration and development company that holds a 100% interest in three significant silver assets located in Mexico acquired from First Mining Finance (TSX-V: FF). Through this transaction First Mining Finance became a key shareholder. Silver One has also entered into an Option Agreement with Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) to acquire a 100% interest in the past producing Candeleria Mine. The Candelaria Mine lies within the Candelaria Mining District, historically the richest silver mining district in Nevada and previously produced over 69,000,000mm oz of silver and subject of a substantial historic resource estimate.
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.