While silver may be down, it’s not out. Things are happening at Greg Crowe’s Silver One Resources (TSX-V: SVE; FSE: BRK1; OTC: SLVRF). At the Candelaria Project recent drill results were quite encouraging, with one hole returning 1129 over 8m true width, within a 27.62 meter interval that averaged 350 gm/t silver grams per ton.
As if that wasn’t enough, a sample from the Company’s recently acquired Phoenix Silver Project yielded a 417-pound native silver vein fragment in which a specific gravity test indicates high-grade silver. No assay was performed since this is an extremely rare museum grade specimen, worthy of preservation in its own right. While this might not be indicative of of the mineralization hosted on the property, but it’s an amazing very positive find.