SILVER ONE DISCOVERS NEW SILVER VEIN FRAGMENTS AND OUTLINES NEW COPPER SHOWINGS ON ITS PHOENIX SILVER PROJECT IN ARIZONA By Investing.com

VANCOUVER, BC, Might 15, 2024 /PRNewswire/ — Silver One Sources Inc. (TSXV:  SVE) (OTCQX: SLVRF) (FSE: BRK1)  (“Silver One” or the “Firm”) is happy to announce the invention of further massive silver vein fragments alongside the foremost east-west 417 vein construction, instantly to the west of the big angular and unabraded 417 pound (189 kg) silver vein fragment that was estimated to include over 70% silver (see February 5, 2020, January 11, 2021 firm’s information releases and Determine 1).   The distribution of those newly found vein fragments, one weighing as much as 6+ kilos (2.7 kg), extends the world of potential mineralization 600+ metres to the west of the 417 pound silver vein fragment (see Determine 2 under), considerably increasing the world of potential high-grade silver prospectivity.

Geological reconnaissance on the brand new claims staked in October and December, 2023 (see firm’s information releases of October 23 and December 19, 2023) has additionally uncovered a number of new and silver prospects with as much as 1,785 g/t Ag and a couple of.74 % Cu in chosen samples (Desk 1, Determine 3, and Determine 5 under).   The southern portion of the Phoenix Silver property has quite a few copper and silver showings and hosts potential for the invention of porphyry associated copper mineralization.   The southern a part of the mission is straight away northeast of the Freeport McMoRan Miami copper mine and the not too long ago found Ocelot porphyry mission being actively explored by BHP (see Determine 4 under).

Highlights:

• New silver fragments discoveries lengthen the world of potential silver vein mineralization for 600+ metres to the west of the beforehand found 417 lb (189 kg) angular and unabraded vein fragment that was estimated to include over 70% silver and an 18.7 lb (8.5 kg) specimen assaying 459,000 g/t (14,688 oz/t) silver (see information launch dated February 5, 2020).
• The mission is permitted for drilling on the possibly high-grade silver targets (See Determine 2).
• New copper showings on not too long ago acquired claims spotlight the potential for porphyry copper mineralization instantly alongside strike from the Freeport McMoRan Miami copper mine and the not too long ago found Ocelot porphyry mission being actively explored by BHP
  • Copper values in chosen samples vary between 0.1% to 2.7% and silver between 10.9 g/t and 1,785 g/t containing domestically plentiful lead and zinc in veins, breccias and mattress planes.

Greg Crowe, President and CEO of Silver One commented: “The Phoenix Silver mission continues to evolve, not solely within the measurement and distribution of mineralized areas, but additionally within the very nature of the mineralized methods.   What began as a uncommon alternative in doubtlessly figuring out areas of extraordinarily wealthy silver vein mineralization, has now expanded to incorporate massive areas of copper-silver porphyry potential.  

Giant angular and unabraded silver vein fragments had been detected by metallic detectors and uncovered in overburden inside a metre of the floor.   These have been interpreted as being close to their unique supply, as silver may be very smooth and enormous fragments break aside simply upon transport over even small distances.   One vein fragment weighed 417 lb (189 kg) and was estimated by particular gravity strategies to include 70% silver.   Assays of smaller fragments returned as much as 459,000 g/t (14,688 oz/T) silver (see Firm Information Launch of February 5, 2020).   The not too long ago found silver vein fragments have prolonged the identified space of mineralization alongside the 417 vein construction for an extra 600+ metres to the west of the 417 pound vein fragment.   This illustrates the numerous potential for outlining further high-grade silver targets.

A drill allow has been secured to check constructions believed to be the host to those very high-grade vein fragments (see Firm Information Launch of March 2, 2023).   Emphasis will likely be positioned on the 417 vein construction.

The southern portion of the mission additionally hosts regional northeast-trending veins, alteration and breccia zones, with a number of chosen samples returning over 1% copper.   Current sampling has uncovered extra copper mineralization on the claims acquired in October and December of 2023.   The property lies to the northeast of Freeport McMoRan’s copper producing Miami Complicated and BHP’s Ocelot porphyry copper exploration mission.   Phoenix Silver lies on the northeast margin of a 30+ km lengthy porphyry copper and silver belt and has wonderful potential to host high-grade silver mineralization in addition to porphyry associated copper-silver mineralization.

The Phoenix Silver mission is actually a singular and distinctive exploration alternative.”  

Desk 1: Chosen assays in new claims staked within the Phoenix Silver Undertaking (October 23, and December 19, 2023 information releases). All samples are rock chip samples.   Chosen copper assays are proven in Fig. 3.

Elevated copper and silver values with plentiful manganese, iron oxides and native base metals (lead and zinc) proven in Desk 1 above, are consultant of the mineralization in veins, hydrothermal breccias, and fracture methods which can be widespread all through the southern a part of the property.   These values together with elevated molybdenum (to 44 ppm)   and native chlorite hydrothermal alteration recommend the presence of intrusive centered hydrothermal methods and are distal manifestations doubtlessly associated to the margins of porphyry copper deposits.   Examples of those manifestations might be seen on the Silver Queen and Silver King mines and the Previous Dominion vein, that are the floor expression of the Magma copper deposits and Ocelot porphyry copper discovery, respectively.

Silver One plans to proceed the geologic reconnaissance and sampling of the brand new claims staked in October and December 2023.   Assays of 30 samples at present at Skyline laboratories in Tucson AZ are anticipated inside 30 days.  

Analytical and QA/QC

Chip samples had been collected by geologists throughout a current property go to and diversified in measurement from roughly 1  kg to five  kg.  Samples had been submitted to ALS USA Inc. (“ALS”) in Reno, NV, USA for pattern preparation and analyzed at ALS in North Vancouver, BC, Canada (ISO accredited Laboratory, ISO/IEC 17025:2017 and ISO 9001:2015). Samples had been analyzed for fifty-one components by 4 acid digestion on a 0.25 g pattern and ICP-MS end (ME-MS61L). Over restrict silver, copper, manganese, lead and zinc had been analyzed by ore-grade 4 acid digestion (0.4 g pattern) and ICP-AES (OG62). Gold was analyzed by 30 g FA/ICP-AES (Au-ICP21). Chromium, niobium, silica, tantalum, titanium, yttrium,  zircon, and niobium had been additionally semi-quantitatively analyzed at ALS by transportable XRF (pXRF) on pattern pulps. ALS inserts blanks, requirements and contains duplicate analyses to make sure correct pattern preparation and gear calibration.

Certified Particular person

The technical content material of this information launch has been reviewed and authorised by Robert M. Cann, P. Geo, a Certified Particular person as outlined by Nationwide Instrument 43-101 and an unbiased guide to the Firm.

About Silver One

Silver One is concentrated on the exploration and improvement of high quality silver initiatives.   The Firm owns a 100%-interest in its flagship mission, the past-producing Candelaria Mine positioned in Nevada.   Potential reprocessing of silver from the historic leach pads at Candelaria supplies a chance for doable near-term manufacturing.   Further alternatives lie in unmined historic sources in addition to in beforehand recognized high-grade silver intercepts down-dip, which might doubtlessly improve the substantive silver mineralization along-strike from the 2 past-producing open pits.

The Firm owns 636 lode claims and   5 patented claims on its Cherokee mission positioned in Lincoln County, Nevada, host to a number of silver-copper-gold vein methods, traced to this point for over 11 km along-strike.

Silver One additionally owns a 100% curiosity within the Silver Phoenix Undertaking. The Silver Phoenix Undertaking is a really high-grade native silver prospect, not too long ago permitted for drilling, which lies inside the “Arizona Silver Belt,” instantly adjoining to the prolific copper producing space of Globe, Arizona.  

For extra info, please contact:

Silver One Sources Inc.Gary Lindsey – VP, Investor Relations
Telephone: 604-974“5274

Cellular : (720) 273-6224
E mail :   gary@strata-star.com

Ahead-Wanting Statements

Data set forth on this information launch comprises forward-looking statements which can be primarily based on assumptions as of the date of this information launch. These statements replicate administration’s present estimates, beliefs, intentions and expectations. They don’t seem to be ensures of future efficiency. Silver One cautions that each one forward-looking statements are inherently unsure, and that precise efficiency could also be affected by plenty of materials elements, a lot of that are past Silver One’s management. Such elements embody, amongst different issues: dangers and uncertainties regarding Silver One’s restricted working historical past, capacity to acquire adequate financing to hold out its exploration and improvement targets on the Candelaria Undertaking, acquiring the required permits to hold out its actions and the necessity to adjust to environmental and governmental laws. Accordingly, precise and future occasions, situations and outcomes might differ materially from the estimates, beliefs, intentions and expectations expressed or implied within the forward-looking info. Besides as required beneath relevant securities laws, Silver One undertakes no obligation to publicly replace or revise forward-looking info.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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