Silver Dollar Commences Follow-up Fieldwork at its 100%-owned Nora Silver-Gold Project
FOR IMMEDIATE RELEASE
Silver Dollar Commences Follow-up Fieldwork at its
100%-owned Nora Silver-Gold Project
Work includes surface sampling of priority anomalies and resampling of the main
Candy Vein structure
VANCOUVER, BC – March 12, 2024 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQX:
SLVDF) (FSE: 4YW) (“Silver Dollar” or the “Company”) has commenced its re-evaluation of
the Nora Silver-Gold property (the “Property”) in the state of Durango, Mexico.
Figure 1: Nora property plan view with surface sample locations.
Fieldwork was carried out in late February that included geological mapping and sampling of
priority anomalies alon g with resampling of the Candy Vein (Figure 1). A total of 72 surface
samples were collected as follows:
12 soil grid samples were taken from the East anomaly.
10 soil grid samples were taken from the West anomaly.
9 soil grid samples were taken from the South anomaly.
41 rock/chip samples were taken from the main Candy Vein structure in an attempt to
replicate the sample locations and high-grade results originally reported by Canasil
Resources, the former owner of the Property. In the case where no visual evidence was
found in the field of where a previous sample had been taken, the new sample was taken
based on Canasil’s coordinates and the probable outcrop.
All samples were described, photographed, and bagged on-site; and then delivered by Silver Dollar
staff to ActLabs in Zacatecas, Mexico for analysis. The assay results will be reported once they are
received.
Photo 1: Sampling the main Candy Vein structure.
About the Nora Property:
Silver Dollar acquired a 100% interest in the Nora Ag-Au property (the "Property") from Canasil
Resources, subject to a 2% net smelter returns royalty (See news release of February 8, 2024).
Located in the Eastern Sierra Madre sub-province in the transition to the high plateau of Mexico,
the Property lies centrally within the "Silver Trend" that runs from the northwest to the southeast
through Durango State (Figure 2). Signif icant deposits in the region include Endeavour Silver's
Guanaceví mine and Fresnillo's San Julián mine on-trend to the northwest, with Endeavour Silver's
Pitarrilla project approximately 50 kilometres (km) to the east. Pitarrilla is one of the largest
undeveloped silver deposits in the world and was discovered by Perry Du rning and Frank (Bud)
Hillemeyer, Silver Dollar's technical advisors.
Figure 2: Location of the Nora property and other mines and deposits in the region.
The Property is located approximately 200 km nor th-northwest of the city of Durango, with
excellent year-round access via Federal highway, paved road, and local dirt roads. Local
infrastructure is available in the towns of Tepe huanes and Santa Maria del Oro and the city of
Santiago Papasquiaro, all within 50km of the Property.
Mike Kilbourne, P.Geo., an independent Qualif ied Person (QP) as de fined in NI 43-101, has
reviewed and approved the technical contents of this news release on behalf of the Company. The
QP and the Company have not completed sufficient work to verify the information on the Nora
property, particularly regardi ng historical exploration, neighbour ing companies, and government
geological work.
About Silver Dollar Resources Inc.
Silver Dollar is a miner al exploration company that is fully funded to execute its near-term
exploration plans having closed its last financing with lead orders from billionaire mining investor
Eric Sprott and NYSE-listed First Majestic Silv er. The Company’s primar y projects lie within
Mexico’s prolific Durango-Zacatecas silver-gold belt and include the flagship La Joya silver (Cu-
Au) property and the Nora silver-gold property. Ma nagement has an aggre ssive growth strategy
and is actively reviewing potential acquisitions w ith a focus on drill-ready projects in mining-
friendly jurisdictions.
For additional information, you can downloa d our latest presentation by clicking here and follow
us on Twitter by clicking 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 fo rward-looking statement speaks only as of the date of
this news release and, except as may be required by app licable 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.