Dec 15, 2021
Silver One Resources' CEO Greg Crowe came on for a sponsor update, to provide us with a recap of 2021's highlights and to lay out the path for 2022. Crowe believes that the current low silver prices have created a buying opportunity in Silver One's shares. Its present focus is at the flagship Candelaria, Nevada based project, where they intercepted 1,070 g/t Silver and 1.48 g/t Gold over 4.57 meters.The goal is to keep expanding the resource, as well as pursuing a potential porphyry deposit in another area of their property. He also has high hopes for i's two other projects, Cherokee and Phoenix.
Silver One is well funded, with over CAD $9.3 million in their coffers, plus another cash installment due from the sale of their Mexican projects. Crowe left open the possibility of expanding the 2022 drill program which could require additional funding, but for a good cause.
2022 could very well be the pivotal year for Silver One Resources and its efforts to restart the Silver State's richest mining district.
Tickers: OTCQX: SLVRF - TSX-V: SVE - FSE: BRK1