| Announcement Date: | 2021-11-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Silver One Resources Inc. |
| Project name: | Cherokee |
| Location: | United States |
| Commodities: | Silver,Copper |
| Highlight: | Drilling results incl. 6.29m @ 118g/t Ag, 0.47% Cu from 13.56m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, BC – November 16, 2021 – Silver One Resources Inc. (TSXV: SVE; OTCQX: SLVRF; FSE: BRK1 – “Silver One” or the “Company”) is pleased to announce the completion of 796 meters of the planned 1,500- meter diamond drilling program on its 100% owned Cherokee Project located in eastern Nevada, USA (see Company news release of August 15, 2021). Silver One experienced extremely slow drilling and technical issues, which led to the early termination of this program. As such, the Company was unable to fully test all desired targets. Four of the nine holes intersected strongly anomalous silver and copper mineralization near to the historic Cherokee and Southeast Cherokee workings (see Figure 1 and Table 1). The mineralization is associated with thick quartz veining (up to 25 meters thick in hole GC21-01) hosting narrower silver and copper mineralized intervals within the vein and structures (see Figures 2 and 3). Drill holes GC21-03, 05, 07, 08 and 09 are omitted as they had no significant mineral values. Estimated true widths range from 70% to 90% of the reported intervals. Coordinates and identification drill hole data are in Table 2 at the end of this release. |
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