Silver Dollar Prepares for Discovery-Stage Drilling at its Ranger-Page Project in Idaho's Silver Valley

In This Article:

The drill ready Ranger-Page Project is located in the Coeur d'Alene Mining District that ranks among the world's top producers of silver, lead and zinc

Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") is pleased to announce it is proceeding with the necessary permitting and has contacted multiple contractors to bid on the initial drilling campaign at its recently acquired Ranger-Page Project in Idaho's Silver Valley.

Figure 1: Location of the Ranger-Page Project in the Coeur d'Alene Mining District.

To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/Ranger-Page_Silver-Valley.jpg

Project Highlights:

  • A drill-ready project in a world-class silver district where over 90 mines have operated since the first major lead-zinc-silver discovery was staked in 1884.

  • Ideally situated approximately two kilometres (km) south of Interstate 90 Freeway and the town of Smelterville, the Project features power, water, year-round access to local infrastructure and a workforce skilled in exploration and mining.

  • The Project comprises two contiguous patented lode claim groups - Government Gulch (403 acres) and Page Mine (802 acres) - that consolidate the western end of the Silver Valley mining corridor under a single operator for the first time.

  • The land package covers six historic mines with the option to acquire ownership of the Project's mineral rights, which are not currently subject to any royalties.

  • Multiple exploration targets developed over the last two years using modern exploration techniques for the first time.

  • Primary target areas are up- and down-plunge from historic underground mining, along strike where ground IP surveys identify anomalies, and where surface trenching identified near surface mineralization.

  • Additional exploration targets have been identified away from historic mine infrastructure, using soil geochemical data, mapping, and ground IP survey data.

  • The Project borders the Bunker Hill mine that is on track to restart mining in Q4 2024.

Figure 2: Ranger-Page claim groups, underground mine workings, and new target areas.

To view an enhanced version of this graphic, please visit:
https://silverdollarresources.com/images/Ranger-Page/Ranger-Page_Claims-Targets.jpg

Dale Moore, P.Geo., an independent Qualified Person (QP) as defined in NI 43-101, has reviewed and approved the technical contents of this news release on behalf of the Company.