SLVRF - Silver One Appoints Leonard Harris as Advisor and Grants options
(TheNewswire)
Silver One Appoints Leonard Harris a s Advisor and Grants options
Vancouver, BC – TheNewswire - June 7, 2021 - SilverOne Resources Inc. (TSXV:SVE ) ; ( OTC:SLVRF ) ; ( FSE:BRK1 ) ( “Silver One” or the “Company”)is very pleased with the appointment of Leonard (Len) Harris as anadvisor to the Company. Mr. Harris, a graduate of metallurgy, bringsa vast and impressive list of accomplishments and experience inmetallurgy, project development and mine building.
Mr. Harris has worked for major companies worldwide,including Mount Isa in Australia, Cerro de Pasco Corporation in Peru,Newmont Mining throughout five continents and many countries includingthe United States, Canada, Australia, Ghana and Peru. He has alsoserved on various junior company Boards including Alamos Gold, GlamisGold, Pediment Gold, Corriente Resources, Endeavour Silver, SolitarioExploration and Royalty and Canarc Resources, to name a few. Len has received multiple awards and recognitions including the 2016Hoover Medal for achievement, science, engineering and humanities,2017 inductee into National Mining Hall of Fame, William LawrenceSaunders Gold Medal Award from the American Institute of Mining,Metallurgical and Petroleum Engineers, (AIME), and Gold Medal by theMining, Metallurgical Society of America, among others. He also haspublished many technical papers and holds 10 metallurgical patents.
Silver One’s President and CEO, Greg Crowe commented: “We are delighted to have someone withthe depth of experience as Len to act as an advisor to our company. His talents in the metallurgical field alone will be especiallyuseful as we continue to advance our Candelaria past producing silverproject in Nevada. In addition, Len’s contacts throughout themining and finance industries are formidable and will be extremelyadvantageous to Silver One as we continue to grow ourCompany.”
New OptionGrant
Silver One also announces that is has granted a totalof 2,950,000 stock options to its directors, officers, employees andconsultants. The options are exercisable at $0.75 per share, subjectto Silver One’s option vesting terms and expire five years from thedate of grant.
QualifiedPerson
The technical content of this news release has beenreviewed and approved by Greg Crowe, P. Geo, President and CEO ofSilver One, and a Qualified Person as defined by National Instrument43-101.
About SilverOne
Silver One is focused on the exploration and development of qualitysilver projects. The Company holds an option to acquire a100%-interest in its flagship project, the past-producing CandelariaMine located in Nevada. Potential reprocessing of silver from thehistoric leach pads at Candelaria provides an opportunity for possiblenear-term production. Additional opportunities lie in previouslyidentified high-grade silver intercepts down-dip and potentiallyincreasing the substantive silver mineralization along-strike from thetwo past-producing open pits.
The Company has staked 636 lode claims and has acquired five patentedclaims on its Cherokee project located in Lincoln County, Nevada. The project is host to multiple silver-copper-gold vein systems thathave been traced to date for over 12 km along-strike.
Silver One holds an option to acquire a 100% interestin the Silver Phoenix Project. The Silver Phoenix Project is a veryhigh-grade native silver prospect that lies within the “ArizonaSilver Belt”, immediately adjacent to the prolific copper producingarea of Globe, Arizona.
For more information, pleasecontact:
Silver One Resources Inc.
Gary Lindsey - VP, Investor Relations
Phone: 604-974?5274
Email: gary@strata-star.com
Forward-LookingStatements
Information set forth in this news release containsforward-looking statements that are based on assumptions as of thedate of this news release. These statements reflect management'scurrent estimates, beliefs, intentions and expectations. They are notguarantees of future performance. Silver One cautions that allforward-looking statements are inherently uncertain, and that actualperformance may be affected by a number of material factors, many ofwhich are beyond Silver One's control. Such factors include, amongother things: risks and uncertainties relating to Silver One's limitedoperating history, ability to obtain sufficient financing to carry outits exploration and development objectives on the Candelaria Project,obtaining the necessary permits to carry out its activities and theneed to comply with environmental and governmental regulations.Accordingly, actual and future events, conditions and results maydiffer materially from the estimates, beliefs, intentions andexpectations expressed or implied in the forward-looking information.Except as required under applicable securities legislation, Silver Oneundertakes no obligation to publicly update or revise forward-lookinginformation.
NEITHER TSX VENTURE EXCHANGE NOR ITSREGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIESOF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACYOR ACCURACY OF THIS RELEASE.
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