Silver One´s aim is to become a premiere silver focused exploration and development company. The Company has acquired a 100% interest in three significant silver assets from First Mining Finance (TSX-V: FF). Through this transaction First Mining owns 7.2% of the issued and outstanding shares of Silver One.
Silver One has also entered into an option agreement with Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) to aquire a 100% interest in the Candelaria Mine project.
COMBINED SILVER ONE HISTORIC RESOURCES
|Classification||Tons||Factored Ag Grade (opt Agtotal)||Sol. Au Grade (opt Ausoluble)||AqEq Grade (opt AgEqtotal)||Ag Ounces (Agtotal)||Aq Equiv. Ounces (AqEqtotal)|
|M + Ind||13,623,000||3.23||0.003||3.42||44,060,000||46,633,000|
|Resource Category (Underground)||Mineral Type||Tonnes (Mt)||Ag (g/t)||Ag (Moz)|
|M + I||Oxides||2.57||117||9.63|
|Resource Category (Underground)||Mineral Type||Tonnes (Mt)||Ag (g/t)||Au (g/t)||Pb (%)||Zn (%)||Ag (Moz)||Au (oz)||Pb (Mlb)||Zn (Mlb)||Cu (Mlb)|