Silver One Commences Ground Geophysical Survey at Its Phoenix Silver Project and Advances Candelaria PEA
MWN-AI** Summary
Silver One Resources Inc. (TSXV: SVE) has announced the commencement of ground geophysical surveys at its wholly-owned Phoenix Silver Project in Arizona, focusing on porphyry copper targets. Conducted by Zonge International, Inc., the surveys will utilize Induced Polarization (IP) and Magnetotelluric (MT) methods to detect subsurface metallic minerals. The geophysical work is scheduled for completion in November, with subsequent analysis pending. These targets are significant due to their proximity to the prolific Miami-Inspiration copper belt, which is home to major deposits and mines, including Rio Tinto-BHP's Resolution deposit and Freeport McMoran's Miami complex.
Additionally, Silver One is advancing its Preliminary Economic Assessment (PEA) for the Candelaria Project, collaborating with Kappes Cassiday & Associates and other consultants. The PEA is expected to be finalized by the end of 2025, potentially enhancing the project's economic outlook and development strategy.
The initiative at the Phoenix Silver Project builds on an earlier ZTEM airborne electromagnetic survey, revealing key geophysical anomalies coinciding with hydrothermal alteration and significant rock samples that returned high copper and silver values. This groundwork is crucial for defining potential mineralized targets at depth, which could lead to future drilling and exploration efforts.
Moreover, Silver One continues to explore silver resources, particularly in the 417 area and the Nuggets North target, with plans for geological mapping, surface sampling, and possibly further gravity surveys. With its strong focus on silver exploration and potential reprocessing of historical resources at the Candelaria Mine, Silver One Resources is positioning itself for substantial growth in the precious metals sector amidst ongoing exploration activities.
MWN-AI** Analysis
Silver One Resources Inc. (TSXV: SVE) is making significant strides with its Phoenix Silver project in Arizona, recently embarking on ground geophysical surveys aimed at identifying valuable copper and silver deposits. The use of Induced Polarization (IP) and Magnetotelluric (MT) surveys conducted by Zonge International could potentially illuminate subsurface metal mineral locations, thereby enhancing the company's ability to make informed drilling decisions in a region known for its rich copper deposits.
The strategic positioning of these surveys along the northeast extension of the Miami-Inspiration copper belt suggests heightened potential for valuable discoveries. With adjacent successful mines already operational, the proximity to Freeport McMoRan and BHP’s latest porphyry copper discoveries amplifies confidence in the project's viability. Historical data, including significant copper and silver values recorded in previous rock samples, underpins expectations for favorable outcomes from this initiative.
Investors should closely monitor developments in the Phoenix project and the forthcoming Preliminary Economic Assessment (PEA) for the Candelaria project, which is expected by the end of 2025. Positive results from these assessments and surveys could further elevate Silver One’s stature in the market, particularly in the wake of a burgeoning demand for metals driven by renewable energy and technological advancements.
However, while the excitement surrounding exploration can yield substantial returns, potential investors should remain cognizant of the inherent risks, such as the need for continued funding, regulatory approvals, and environmental compliance. Given the volatility often associated with mining stocks, investors should consider diversifying their portfolios with an eye on long-term trends in the commodities market.
Overall, Silver One’s proactive development and exploration plans position it well in the silver and copper sector, making it a compelling company for investors seeking exposure to precious metals in a favorable geological area.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce the initiation of ground Induced Polarization (IP) and Magnetotelluric (MT) geophysical surveys on its 100% owned Phoenix Silver project in Arizona. Both IP and MT are effective electrical geophysical methods useful to detect subsurface metallic minerals, especially disseminated sulfides and structures potentially associated with mineralization. The survey is being conducted by Zonge International, Inc. and is designed to test porphyry copper targets on the southern portion of Phoenix Silver and to guide future drilling. The field work is expected to be completed in November with final interpretative report to follow.
These copper targets are strategically located along the north-eastern extension of the prolific Miami-Inspiration copper belt. This belt hosts significant deposits and mines such as Rio Tinto-BHP's Resolution deposit to the southwest. Freeport McMoran's Miami and Copper City complexes and BHP's more recent porphyry copper discovery (Ocelot) are on the northeast part of the belt. Miami-Copper City and Ocelot are 4 km and 3 km to the southwest of Phoenix Silver respectively (See news releases of February 20, 2025, July 14, 2025, and Figure 1).
Figure 1: Phoenix Silver location map showing copper belts of the Miami-Globe porphyry copper district, the location of major mines including the Miami-Inspiration mining complex, and BHP's porphyry copper discovery area. Blue contours are northeast-oriented regional magnetic (MVI - contour interval 0.0002 SI) anomalies which form a spatially coincident signature of the mineral belts of the Miami-Globe copper district.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/267325_e856d92fd45548f5_001full.jpg
The survey is being conducted over the southern portion of Phoenix Silver where a ZTEM airborne electromagnetic survey (see news release of July 14, 2025, and Figure 2) outlined two priority geophysical anomalies that are coincidental with hydrothermal alteration and anomalous select rock samples collected from veins, breccia and alteration zones. The select rock samples returned copper and silver values up to 7.7% copper and 1,240 g/t silver (see Company news release of June 6, 2024). The IP survey is designed to give better definition to potential mineralized targets at depth.
Silver Exploration Activities at Phoenix Silver
The company continues to advance its silver exploration activities, with a particular focus on the 417 area and the northeast-trending train of silver nuggets (Nuggets North target) located in the northern part of the Phoenix Silver property (See Figure 2). A detailed gravity survey is planned over the 417 area, which was drilled in 2024. This survey will potentially aid in targeting zones of significant native or sulphide silver mineralization (see Company's news release of February 24, 2025) and assist in prioritizing future drill targets. At the Nuggets North area, the Company plans to conduct geological mapping, surface sampling, and trenching, subject to permitting by the U.S. Forest Service. Silver One may also conduct detailed gravity over the Nuggets North area if the survey is successful at 417.
Figure 2: Copper targets on 2D ZTEM resistivity inversion 600 m depth map. The IP program consists of 70 line-km in 13 parallel lines (average line spacing 750 m) oriented northwest, distributed over the Defiance and QR targets, and extending to the eastern boundary of the property. The blue dashed lines represent the northeast oriented lineaments which are part of the northeast extension of the Globe-Miami-Inspiration porphyry belt. Coloured dots represent copper values of selected rock samples.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/267325_e856d92fd45548f5_002full.jpg
Candelaria Project Update
The Company continues to advance its Preliminary Economic Assessment (PEA) for its Candelaria Project. The study is being led by Kappes Cassiday & Associates, in collaboration with Independent Mining Consultants, Inc. (IMC), and Paterson & Cooke. The completion of the PEA is anticipated by year-end 2025.
Qualified Person
The technical content of this news release has been reviewed and approved by Robert M. Cann, P. Geo, a Qualified Person as defined by National Instrument 43-101 and an independent consultant to the Company.
About Silver One
Silver One is focused on the exploration and development of quality silver projects. The Company holds a 100% interest in its flagship project, the past-producing Candelaria Mine located in Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and potentially increasing the substantive silver mineralization along-strike from the two past-producing open pits.
The Company owns 636 lode claims and five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 11 km along-strike.
Silver One also owns a 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt", immediately adjacent to the prolific copper producing area of Globe, Arizona.
For more information, please contact:
Silver One Resources Inc.
Gary Lindsey - VP, Investor Relations
Phone: 604-974?5274
Mobile: (720) 273-6224
Email: gary@strata-star.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver One cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Silver One's control. Such factors include, among other things: risks and uncertainties relating to Silver One's limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on its mineral properties, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Silver One undertakes no obligation to publicly update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267325
FAQ**
How does the recent geophysical survey by Silver One Resources Inc. (SVE:CC) impact investor perceptions regarding mining opportunities in the Vancouver region?
What are the potential implications of Silver One Resources Inc. (SVE:CC) focusing on copper and silver exploration for the broader mining industry in British Columbia?
In what ways might the results of Silver One Resources Inc. (SVE:CC) surveys and assessments influence regulatory policies affecting mining operations in Vancouver, British Columbia?
What market trends might arise from Silver One Resources Inc. (SVE:CC) pursuing silver exploration in Arizona while being headquartered in Vancouver, British Columbia?
**MWN-AI FAQ is based on asking OpenAI questions about Silver One Resources Inc. (TSXVC: SVE:CC).
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