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Silver One Confirms Historic Silver Grades on Leach Pads and Stockpiles; Initiates Metallurgical Testing at Candelaria Mine Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2018) - Silver One Resources Inc. (TS...
About this update from Silver One Resources Inc.
[{"type":"text","content":"Silver One Confirms Historic Silver Grades on Leach Pads and Stockpiles; Initiates Metallurgical Testing at Candelaria Mine Project, NevadaVancouver, British Columbia--(Newsfile Corp. - April 19, 2018) - Silver One Resources Inc. (TSXV: SVE) (OTC Pink: SLVRF) (FSE: BRK1) (\"Silver One\" or the \"Company\") has received encouraging assay results from the previously announced sonic drilling conducted on the leach pads, stockpiles and dumps on its 100% controlled Candelaria project in Nevada (see news release from November 28, 2017). Additionally, Silver One has submitted samples for metallurgical testing to evaluate the economics for recovery of silver and gold, based on the positive analytical results received.Greg Crowe, President and CEO of Silver One Resources commented, \"The results to date are encouraging as the head grade of the leach pads, estimated at 43 g/t, is over 3 times greater than the head grades currently being mined at the Rochester Mine held by Coeur Mining approximately 220 kilometres north of Candelaria. Further, an average cyanide silver content of 56% for leach pad material and 64% for fresh material in stockpiles, combined with their respective silver grades reported, provide a very promising outlook for the project. Historic silver recoveries at Candelaria ranged from 42% to 51% of the total silver through the heap leaching ores crushed at sizes below 1 inch. We believe that such recoveries may be improved by milling prior to leaching. The next step is to conduct metallurgical testing and the composite samples are now in the lab. We look forward to receiving metallurgical results to evaluate the economics for recovering silver and gold at Candelaria.\"Candelaria Drill Program Highlights:A total of 27 holes were drilled on two historic leach-pads (LP1 and LP2), 16 holes on stockpiles and two holes on dumps.Assays were done on 730 samples, including 590 core samples and 140 standards, duplicates and blanks.All holes were sampled in their entirety. Samples average 1.88 metres in length representing a total of 1,110 metres drilled.Total silver assays in leach pads range from 16 g/t to 111 g/t (41 g/t average).Cyanide soluble silver in leach pads range from 35% to 77% (56% average).Total gold assays in leach pads range from 0.017 g/t to 0.75 g/t (0.09 g/t average).Cyanide soluble gold in leach pads range from ...