Silver Dollar Outlines Exploration Drilling Plan for Ranger-Page Project in Idaho’s Silver Valley
FOR IMMEDIATE RELEASE
Silver Dollar Outlines Exploration Drilling Plan for
Ranger-Page Project in Idaho’s Silver Valley
Ranger-Page Project is located in the Coeur d’Alene Mining District, a world-class
silver district where over 90 mines have operated since the first major silver-lead-
zinc discovery was staked in 1884
VANCOUVER, BC – November 12, 2024 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQX:
SLVDF) (FSE: 4YW) (“Silver Dollar” or the “Company”) is pleased to announce its initial
exploration plan for the fall drilling program at the Ranger-Page Project.
The Ranger-Page land package covers six historic mines and is ideally situated near Interstate 90
with year-round access to power, water, local infrastructure and a workforce in the Silver Valley
skilled in exploration and mining.
Figure 1: Ranger-Page claim groups, underground mine workings, and new target areas.
Drill target development at Ranger-Page began in 2022 with the application of modern exploration
techniques for the first time . This included a comprehensive ground induced polarization (IP)
geophysical survey that identified numerous IP anomalies that are up- and down-plunge and along
strike from historic underground mining, and where surface trenching identified near surface
mineralization. Additional exploration targets have also been identified away from historic mine
infrastructure, using soil geochemical data, mapping, and the ground IP survey data (Figure 2).
Figure 2: Ranger-Page network of faults and IP anomalies dipping along faults toward the south.
The initial drill target is the Crown Point Mine area, which is located within a kilometre of the
Bunker Hill Mine (Figure 1) that was in production from 1885 to 1981 and is scheduled to restart
production in the first half of 2025.
Based on the limited historical records available, mining at Crown Point started in the late 1800s
with the first 3,000 tons shipped from the mine being high -grade supergene ores with up to 80
ounces per ton silver and 65% lead .1 As mining continued, out of the oxidized rocks, head grades
dropped to more typical hypogene ore grades of 5 to 30 ounces per ton silver with 20% lead. After
mining to 134 metres below ground surface, mining reportedly stopped in the 1950s partially due
to fluctuating metal prices and complex lease agreements.
The 2022 IP survey identified a deep polarization anomaly down-plunge from the historic Crown
Point Mine that has never been drill tested . The anomaly is coincident with surface geochemical
data and positive trenching results over the area, which has improved the confidence level in this
target, and it will be the first to be drill tested in 2024. Three holes are initially planned to test the
deep anomaly with the objectives of expanding the mineralized footprint 190 metres below the
lowest mine workings and locating the deep projection of the Crown Point mineralized system
along with the historically reported Shea Zone and the Osburn Fault Zone (Figure 3).
Figure 3: Crown Point target looking north with polarization anomaly and proposed drill holes.
Dale Moore, P.Geo., an independent Qualified Person (QP) as defined in N ational Instrument 43-
101, has reviewed and approved the technical contents of this news release on behalf of the
Company.
About Silver Dollar Resources Inc.
Silver Dollar is a dynamic mineral exploration company focused on two of North America’s
premier mining regions: Idaho’s prolific Silver Valley and the Durango-Zacatecas silver-gold belt.
Our portfolio includes the advanced-stage Ranger-Page and La Joya projects, along with the early-
stage Nora project. The Company’s financial backers include renowned mining investor Eric
Sprott, our largest shareholder . Silver Dollar’s m anagement team is committed to an aggressive
growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects
in mining-friendly jurisdictions.
For additional information, you can download our latest presentation here and follow us on X here.
ON BEHALF OF THE BOARD
Signed “Michael Romanik”
Michael Romanik,
President, CEO & Director
Silver Dollar Resources Inc.
Direct line: (204) 724-0613
Email: [email protected]
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
Forward-Looking Statements:
This news release may contain “forward -looking statements.” Forward -looking statements involve known and
unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or
achievements of the Company to be materially different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of
this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or
obligation to update any forward -looking statement, whether as a result of new information, future events or results
or otherwise.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the
contents of this news release.
Referenced Source:
1. USGS – The Geology and ore deposits of the Coeur d’Alene district, Idaho