Concentrate Sampling of Native Silver Vein Fragments Returned Significant High-Grade Silver Mineralization Silver One Resources Inc. is pleased to announce that it has entered into an agreement to acquire an 100% interest in a very high-grade native silver prospect in Arizona. The property, to be called Phoenix Silver, lies within the "Arizona Silver Belt", immediately adjacent to the prolific copper producing area of [...]
Silver One Resources Inc. is pleased to announce that it has agreed in principle with each of SSR Mining Inc. and Maverix Metals Inc. whereby Silver One will reduce its payment obligation under its Candelaria option agreement with SSR Mining and, in consideration of which, assume a future production payment due to Maverix. Greg Crowe, President and CEO commented: "Our agreements in principle with SSR Mining and Maverix [...]
Eric Sprott Increases His Investment in Final Tranche Silver One Resources Inc. is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement by issuing 9,520,000 units at a price of $0.25 per Unit for gross proceeds of $2,380,000 . Together with the first tranche of the Financing , the Company has received total gross proceeds of $5,205,000 under the Financing [...]
Eric Sprott Increases His Investment in Silver One Silver One Resources Inc. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement by issuing 11,300,000 units at a price of $0.25 per Unit for gross proceeds of $2,825,000 . Further, Eric Sprott , through 2176423 Ontario Ltd., a company which is beneficially owned by Sprott, subscribed for $1,000,000 of the [...]
Silver One Resources Inc. is pleased to announce that it has increased the size of its previously announced private placement financing . Due to oversubscribed demand, the private placement financing will increase from 10,680,000 units to 20,820,000 Units at a price of $0.25 per Unit for gross proceeds of up to $5,205,000 . Each Unit will continue to be comprised of one common share and one-half of one common share [...]
Silver One Resources Inc. is pleased to announce that it will conduct a non-brokered private placement of up to 10,680,000 units at a price of $0.25 per Unit for gross proceeds of up to $2,670,000 . Each Unit will be comprised of one common share and one-half of one common share purchase warrant , with each whole Warrant entitling the holder to purchase one additional common share at $0.40 per share for a period of three [...]
Silver One Resources Inc. - is pleased to announce that a geophysical survey recently completed at its Candelaria Project has identified new exploration targets that may significantly expand the upside potential of the property. The company has also staked 710.7 hectares of new claims to cover the new targets and has acquired 14.6 acres in three patented claims, located within the company's claims. Consideration for these [...]
Silver One Resources Inc. is pleased to announce that it has completed a property wide geophysical survey at its 100% owned Cherokee silver-gold-copper epithermal project in Lincoln County, Nevada . Cherokee hosts multiple high-grade epithermal style precious and base metal bearing vein systems that have been traced for a combined length of over 16 km. Greg Crowe, President and CEO commented: "This gradient magnetic [...]
Silver One Resources Inc. is pleased to announce the commencement of a multi-target drill program at its Candelaria past-producing silver mine project in Nevada. Drills were mobilized onto the property on November 5, 2019. The program will comprise approximately 3,500 meters of core drilling, Targets selected for drilling include: Two drill holes will twin historic holes that encountered high-grade silver mineralization [...]
Silver One Resources Inc. is pleased to announce that it has commenced exploration on its 100% owned Cherokee silver-gold-copper epithermal project in Lincoln County, Nevada. Cherokee hosts multiple high-grade epithermal style precious and base metal bearing veins within a system that has been traced for over 11 km along-strike. The Company staked 636 lode claims in 2018 covering the entire known strike-length of the [...]
Silver One Resources Inc. is pleased to announce that it has completed an amended agreement to the terms of its Candelaria option agreement with SSR Mining Inc. . Under the terms of the Option Agreement, Silver One has issued three tranches of US$ 1.0 million in Silver One shares and is required to issue a final US$1.0 million in Silver One shares in January 2020. Further, Silver One was also required to assume a US$ 2.0 [...]
Silver One Resources Inc. announces that it has granted a total of 2,435,000 stock options to its directors, officers, consultants and advisors. The stock options have a five year term, are exercisable at $0.26 per share and subject to certain vesting requirements. About Silver One Silver One is focused on the exploration and development of quality silver projects. The Company holds an option to acquire a 100%-interest in [...]