| Announcement Date: | 2022-10-25 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Silver Dollar Resources Inc. |
| Project name: | La Joya |
| Location: | Mexico |
| Commodities: | Gold,Silver,Copper,Lead,Zinc |
| Highlight: | Drilling results incl. 1.29m at 304g/t Ag, 0.68g/t Au, 0.05% Cu, 1.81% Pb, 5.35% Zn from 139.46m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, BC – October 25th, 2022 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (“Silver Dollar” or the “Company”) is pleased to report the final assay results from Phase II drilling at the underexplored Noria portion of the La Joya Silver Project (the “Property”) located in the state of Durango, Mexico. A total of 3,428 metres of drilling over 17 holes have been completed in Phase II drilling. Assay results for the first nine holes of the Phase II program were previously reported (See: new releases of June 13 and August 17, 2022), and the results reported below are for the remaining eight holes (See drill plan map). Drill Hole Objectives and Discussion: Hole NOR-22-021 was drilled to target an extension below the gold mineralization encountered in hole NOR-22-012 (1 g/t Au over 26.85 m). The intrusive contact was shallower and flatter, and the hornfels zone was narrower than expected. This hole returned lower gold assays, but with increased Ag+Cu+Zn near the skarn front while largely absent higher up (See: cross-section). Hole NOR-22-022 was drilled to target the southeast extension of the Brazo mineralization, stepping out 68 m to look for an increase |
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