It’s very rare to find large, near-surface native silver vein fragments in first world countries because these countries have already seen so much exploration and mining in the past. But Silver One Resources’ just entered into an agreement to acquire up to 100% of the Phoenix Silver project on which massive native silver vein fragments have been recently discovered. The project is in Arizona within the “Arizona Silver Belt”. One grab sample has returned an amazing 459,000 gm/tonne (14,688 oz/ton) assay result from a 18.7 lb (8.5 kg) native silver vein fragment. Also, discovered was a large 417 lb silver vein fragment that was not assayed due to the desire to preserve the specimen nature of this sample. These silver vein fragments are interpreted to have been transported short distances downslope from partially exposed vein structures, have been found in numerous areas throughout the property. Silver One will begin exploring this project this spring with the hopes of fully uncovering the high-grade silver veins and proving out an economic deposit. In this interview, CEO Greg Crowe discusses the new Phoenix silver project as well as the company’s plans for 2020.
www.SilverOne.com TSXV:SVE OTC:SLVRF FSE:BRK1
1:50 New Phoenix Silver project overview (14,688 oz/ton assayed grab sample)
6:04 Exploration to hopefully prove up an economic silver deposit
8:15 How the high-grade silver vein fragments were found
8:58 Oversubscribed financing closed and now funded for 2020
11:17 Burn rate for 2020
12:30 Upcoming news flow and catalysts
13:09 Final thoughts
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