11:22:08 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



Silver Dollar Resources Inc
Symbol SLV
Shares Issued 56,752,355
Close 2025-04-16 C$ 0.26
Market Cap C$ 14,755,612
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Silver Dollar extends Curlew vein at Range-Page

2025-04-16 16:53 ET - News Release

Mr. Gregory Lytle reports

SILVER DOLLAR EXTENDS CURLEW VEIN STRIKE LENGTH TO 700 METRES WITH NEAR SURFACE INTERCEPTS AT RANGER-PAGE

Silver Dollar Resources Inc. has released geologic modelling results correlating to the recently reported near-surface drilling discoveries at the Ranger-Page project located in northern Idaho's prolific Coeur d'Alene mining district.

Curlew vein extension

Geologic modelling of Silver Dollar's phase 1 exploration drilling results indicate that the Curlew vein extends east from the Blackhawk mine into the vicinity of the Wyoming complex. The structural complexity of the area was likely the reason the Wyoming complex proved to be a challenge for past producers on the property. Phase 1 drilling discovered mineralization in the footwall of the 96 fault, which was the primary structure worked at the Wyoming complex. Silver Dollar believes this footwall mineralization is the Curlew vein and demonstrated its continuity between the Wyoming complex and the Blackhawk mine during phase 1 exploration drilling.

The planning of near-term exploration activities is continuing and includes the following.

Blackhawk (Curlew vein)

Drill planning is under way to expand the Curlew vein along strike, up and down dip of the known extent of the Blackhawk mine. Upper Curlew exploration is relatively inexpensive and can be done from drill pads requiring minimal effort to establish. Further success exploring the uppermost Curlew vein could justify deep exploration below the Blackhawk mine, which can be done via deep surface drilling programs or underground drill pad development. The next phase of drilling should focus on expanding mineral continuity between the phase 1 drilling and the Blackhawk mine to the west.

West Buckeye

The West Buckeye target is a prominent polarization anomaly identified during the ground IP survey completed in 2022. The anomaly is significant because it has a 260-metre dip extension, and the same polarization and resistivity response as the Curlew vein discovery between the Blackhawk mine and the Wyoming complex. To validate West Buckeye for drilling, Silver Dollar plans to complete a geochemical survey over the anomaly, update geologic mapping and develop a budget to drill the target. West Buckeye exploration efforts can begin later this spring when the snow has melted from the target area and access is re-established.

Crown Point

Phase 1 exploration drilling at Crown Point extended mineralization west of the historic mine workings by 100 metres (see news release of March 11, 2025). Geologic modelling, drilling and trenching results indicate there are up to three veins present at Crown Point (Crown Point 1, 2 and 3 veins). Phase 1 drilling identified two of the three veins at Crown Point. To drill the third vein (Crown Point 3), a drilling platform to the south would be necessary. Exploration planning at Crown Point will focus on expanding the Crown Point veins down dip to the west, where the mineralization remains open for exploration drilling.

Omega and 85 veins

The Omega and 85 veins sit in the footwall of the Tony vein, which was the primary ore host for the Page mine. The Omega and 85 veins were discovered below the 2,770 level of the Page mine, and the up-dip extension of the veins have not been properly explored. Continuing geologic modelling is expected to improve the vein projections of the Omega and 85 veins, allowing Silver Dollar to prospect for the surface expression of the veins. If exploration work on this target is promising, Silver Dollar will include the Omega and 85 veins in future exploration drill planning.

"Geologic modelling is providing a clearer understanding of our phase 1 exploration drilling results at Ranger-Page and how they fit within the broader scope of the project," said Greg Lytle, president of Silver Dollar. "We are focused on carefully evaluating our targets to scale the project through continued success at the drill bit and delivering the best possible returns for our shareholders."

Qualified person

Dale Moore, PGeo, a qualified person as defined in National Instrument 43-101, has reviewed and approved the technical contents of this news release on behalf of the company.

About the Ranger-Page project

Located in a world-class silver district, the Ranger-Page land package covers six historic mines and is ideally situated near Interstate 90 with year-round access to power, water, local infrastructure and a work force in the Silver Valley skilled in exploration and mining. The primary target areas are up and down plunge from historic underground mining, along strike where ground IP surveys have identified anomalies, and where surface trenching identified near-surface mineralization. Additional exploration targets have also been identified away from historic mine infrastructure, using soil geochemical data, mapping and ground IP survey data.

About Silver Dollar Resources Inc.

Silver Dollar is a dynamic mineral exploration company focused on two of North America's premier mining regions: Idaho's prolific Silver Valley and the Durango-Zacatecas silver-gold belt. The company's portfolio includes the advanced-stage Ranger-Page and La Joya projects, along with the early stage Nora project. The company's financial backers include renowned mining investor Eric Sprott, the company's largest shareholder. Silver Dollar's management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.

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