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Silver Valley Metals Announces an Option to Acquire the Page Mine and Surrounding Prospective Landholdings in the Silver Valley, Idaho
Top ten historical producer in the Silver Valley, Coeur d'Alene District, Idaho Over 1 billi...
About this update from Silver Valley Metals Corp
[{"type":"text","content":"Silver Valley Metals Announces an Option to Acquire the Page Mine and Surrounding Prospective Landholdings in the Silver Valley, IdahoTop ten historical producer in the Silver Valley, Coeur d'Alene District, IdahoOver 1 billion pounds of zinc and lead and 14.6 million ounces of silver mined to dateIn-situ high grade historical resources definedConsolidation of the western end of the Silver Valley's mining corridorPatented claimsNo NSRSignificant exploration opportunityVancouver, British Columbia--(Newsfile Corp. - November 18, 2021) - Silver Valley Metals  (TSXV: SILV) (FSE: L3UA) (OTC: BNRJF) (\"Silver Valley\" or \"the Company\") is pleased to announce the signing of an option to acquire the Page Mine and specifically, the prolific Tony Vein, along with a prospective land package rich in exploration potential. The project is contiguous to the west and south of the Company's Ranger-Page Project which consolidates for the first time under one operator the western end of the Silver Valley's mining corridor. The Page Mine and area comprise 49 patented mining claims totaling 802 hectares located approximately 60 kilometres east of Coeur d'Alene, Idaho. The claim package triples the size of the Company's Silver Valley project area. (see Claim Group - Western Extension https://cutt.ly/yTQ30x2)President and CEO Brandon Rook stated, \"The option to acquire the Page Mine and its surrounding land package is a significant transaction for Silver Valley at this beginning stage of the Company's growth. With this minimal dilutive transaction, the Company can apply its cash resources into exploration focusing on both projects as one. With shared underground infrastructure connecting the Page Mine with the five shallower mines on our neighbouring Ranger-Page project the Company will strategize an exploration plan that will target the nearer surface mineralization on the eastern end of the project (Crown Point, Ranger, Wyoming) with the mineralization at Blackhawk (350 metres below elevation) located in the central area of the project and westward to the deeper Tony Vein historical resources at the Page Mine. This is notwithstanding the potential of new discoveries as the entire project area has never had modern geological exploration applied to it.\" (see: Patented Claims - Underground Mine Workings https://cutt.ly/DTQ37yM and Claim M...