Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) has announced the initiation of road construction and drill pad preparation for drilling activities at the Phoenix Silver Project near Globe, Arizona. The drill targets at the project include vein structures that have the potential to yield multiple vein fragments, with a notable discovery of a 417-pound native silver-rich vein fragment.
The construction of roads and drill pads marks the beginning of drilling operations to explore the silver targets at the Phoenix Silver Project. The project area is known for its high-grade silver deposits and is strategically located near Globe, Arizona. Figures 1 and 2 provide a visual representation of the targeted vein structures and permitted drill pad locations at the project site.
The vein structures at the Phoenix Silver Project are of particular interest due to the presence of high-grade silver mineralization. The discovery of a 417-pound native silver-rich vein fragment highlights the potential for significant mineral resources in the area. Additional targets south of the 417 area also show promise, with polymetallic veins and alteration zones indicating possible porphyry-style mineralization.
The commencement of construction activities and the preparation of drill pads signify the Company’s commitment to advancing exploration efforts at the Phoenix Silver Project. The exploration activities aim to further delineate the high-grade silver targets identified in the area and expand the understanding of the mineralized structures present at the project site.