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Silver Valley Metals Provides Corporate Update and Attendance at 2021 Silver Symposium in Coeur D'Alene, Idaho
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2021) - Silver Valley Metals Corp...
About this update from Silver Valley Metals Corp
[{"type":"text","content":"Silver Valley Metals Provides Corporate Update and Attendance at 2021 Silver Symposium in Coeur D'Alene, IdahoVancouver, British Columbia--(Newsfile Corp. - September 22, 2021) - Silver Valley Metals Corp. (TSXV: SILV) (FSE: L3UA) (OTC Pink: BNRJF) (\"Silver Valley Metals\" or \"the Company\") is pleased to provide a corporate update.Silver Valley Metals President & CEO and Director, Brandon Rook commented, \"We are making steady progress at the Ranger-Page Project (\"the Project\") in the Silver Valley, Idaho. Our ground geophysical surveys are ongoing - we expect to complete the multi-survey program during Q4, 2021. The survey, the first of its kind at Ranger-Page, will be critically important in our careful assessment of how we approach exploration and development at the Project. The Company is methodically working on three different ground geophysical surveys and a field program to later be integrated into our underground mining database in order to define high priority drill targets for the first drill program at the Project. According to the United States Bureau of Mines (\"USBM\")(1), high-grade mineralization was mined on the Ranger-Page Project at both the Crown Point Mine and the Blackhawk Mine. Crown Point yielded average grades of 605 g/t silver equivalent, producing over 1.1 million ounces of silver equivalent, and Blackhawk yielded average grades of 386 g/t silver equivalent, producing over 2.4 million ounces of silver equivalent(2). Additionally, there are three more shallow mines on the Project all within a one kilometre radius that warrant further exploration.\"Update on Ground Geophysical Surveys and Lidar SurveyA high-resolution surface lidar and imagery collection over the entirety of the Project area has recently been completed and as previously announced on August 11th, 2021, the Company has commenced a ground geophysical survey on the entire Ranger-Page Project. The first phase is a continuous reading magnetometer survey in conjunction with a VLF-EM survey (readings every 10 meters) at 120 meter line spacing. The second phase, expected to start early in Q4, 2021, will be a high-resolution induced polarization (\"IP\") survey oriented north-south at the same line spacing of 120 meters. The IP data is planned to detail the east-west vein systems and will be presented in 3D color contour plots. 3D Geologi...