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Five New Mineralized Target Areas Identified at Silver Dollar's La Joya Project in Durango, Mexico
Surface samples assayed up to 1,218 g/t AgEQ, and three of five target areas have never been dril...
About this update from Silver Dollar Resources, Inc.
[{"type":"text","content":"Five New Mineralized Target Areas Identified at Silver Dollar's La Joya Project in Durango, MexicoSurface samples assayed up to 1,218 g/t AgEQ, and three of five target areas have never been drill testedVancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (\"Silver Dollar\" or the \"Company\") is pleased to provide an update on its new target development work at the underexplored Noria portion of the La Joya Silver Project (the \"Property\") located in the state of Durango, Mexico. Figure 1: Coloradito-Noria Mineralized Targets.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7232/155717_6f3e4af1047e79e3_001full.jpg\"Our field crew has done a great job locating additional hot spots for drilling,\" said Mike Romanik, president of Silver Dollar. \"It's intriguing to find such high-grade assays in and around some of these areas which have never seen a drill hole.\"Geological mapping has now been completed to cover all of the Coloradito-Noria ground at a 1:1,000 scale. A total of 125 rock samples were collected from outcrop and rock dumps and submitted to the lab for analysis. Results for all samples have now been received, 79 sample assays were previously reported (see news release of December 15, 2022), and the balance of the sample results are reported herein. The mapping and sampling program has identified five mineralized areas (see Figure 1): the Verde and El Hueco areas were partially drilled by a previous operator, and the Dyke North, Dyke South, and South-East areas have never been drill tested. A summary of each area follows:Verde Area:Verde (see Figure 2) is a historical surface occurrence with visible copper mineralization and where three historical holes were drilled at 045° (LJ-DD-11-11, 12 & 13). The best assay results from this area were chip sample #120 (see Photo 1) that returned 415 grams per tonne (g/t) silver equivalent (AgEQ) over 0.3 metres (m), and chip sample #121 that returned 1,218 g/t AgEQ over 0.3 m. Both samples strike north and north-northwest dipping to the west. Historical hole LJ-DD-11-11 was collared near these samples but missed the surface mineralization as it was targeting a deeper area. A better understanding of this structure down dip to the west and its relation to the...