Silverton Metals Corp Obtains a Surface Access Agreement FOR the Pluton Silver – Zinc Project, Durango, Mexico
Silverton Metals Corp.
200 – 500 Denman Street
Vancouver, BC, V6G 3H1, Canada
p 604 - 683 -0911
www.silvertonmetals.ca
TSX - V: SVTN
OTCQB: SVTNF
SILVERTON METALS CORP OBTAINS A SURFACE ACCESS AGREEMENT
FOR THE PLUTON SILVER – ZINC PROJECT, DURANGO, MEXICO
VANCOUVER, BC, November 29, 2021 – Silverton Metals Corp. (TSX- V: SVTN, OTCQB: SVTNF)
("Silverton" or the "Company") is pleased to announce it has signed an access agreement with
the Comisariado Ejidal of Ejido Mapimi, owner of the communal land on which the Company’s
Pluton silver – zinc project is situated, in Durango, Mexico. The three -year agreement provides
for access to the land for surface exploration work including diamond drilling, and use of a core
storage facility. Silverton has initiated exploration work on the property including preparations
for a seismic survey scheduled for January 2022, which will be followed by data integration,
analysis, target selection and drill permitting in 1H2022 and drilling in 2H2022.
Recent processing and 3D-modelling of geophysical data commissioned by the Company reveals
new target areas and features not previously identified, which are potentially related to
mineralization. To date, magnetometry reprocessing has been completed while ZTEM and gravity
modelling are nearing completion. The seismic profile is expected to determine the depth to
carbonate rocks that host silver-rich manto-chimney deposits (carbonate replacement deposits)
in the district (see SVTN news release dated October 25, 2021).
Mr. John Theobald, President & CEO of Silverton comments “I am pleased to have successfully
concluded a three-year access agreement for Pluton. The district is a major hydrothermal system
with excellent potential to locate high-grade silver-zinc manto-chimney deposits similar to those
mined in the historic Ojuela Mine and the nearby Platosa mine, which is Mexico’s highest -grade
silver mine with a silver equivalent grade of over 1,000g/t 1. The ZTEM and gravity geophysical
data analysis is nearing completio n and once we also have results from the seismic survey in
1Q2022 we will firm up and permit our targets in 1H2022 with the view to drilling selected targets
in 2H2022”.
1 Excellon’s website corporate presentation July 2021
The Company is also pleased to announce that it has engaged Proactiveinvestors North America
Inc. (“Proactive”) to provide editorial coverage of the Company for a period of twelve months
using interview-based articles, audio – video interviews, promotion on social media, a cu rated
profile page and other articles for a period of twelve months. Proactive is a multimedia news
organization and investor portal operating financial websites with news, commentary and
analysis on listed companies and the global financial market. Total consideration for services
provided by Proactive is $25,000, with the option to renew for an additional twelve months. The
Company and Proactive are at arm’s length and, to the Company's knowledge, Proactive
Silverton Metals Corp.
200 – 500 Denman Street
Vancouver, BC, V6G 3H1, Canada
p 604 - 683 -0911
www.silvertonmetals.ca
TSX - V: SVTN
OTCQB: SVTNF
does not have any direct interest in the Company or its securities. The agreement is subject to
the acceptance of the TSX Venture Exchange.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved
by Peter Born, P. Geo., a Qualified Person for the purpose of NI 43-101.
On behalf of the Board
John Theobald
President, CEO & Director
Silverton Metals Corp
About Silverton Metals Corp
Silverton Metals Corp is a Canadian company focused on the exploration and development of quality silver
projects. The company holds a 100% interest in three significant silver assets in Mexico – Pluton, in
Durango, Peñasco Quemado in Sonora and La Frazada in Nayarit. Silverton management and board have
extensive experience identifying and evaluating acquisition targets and exploration prospects. The
company intends to build a strong portfolio of silver and gold-silver projects to drive future growth by
exploration success and from later stage projects with production potential. To achieve t his growth the
Silverton business plan calls for a dynamic combination of development of its existing properties,
acquisitions, and partnerships.
For further information please contact:
Silverton Metals Corp.
W. Barry Girling, VP Corporate Development and Director
(604) 683-0911
Forward-Looking Statements
Information set forth in this news release contains forward -looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silverton
cautions that all forward looking statements are inherently uncertain and that actual performance may
be affected by a number of material factors, many of which are beyond Silverton's control. Such factors
include, among other things: risks and uncertainties relating to Silverton's limited operating history and
the need to comply with environmental and governmental regulations. Accordingly, actual and future
events, conditions and results may differ materially from the estimates, beliefs, intentions and
expectations expressed or implied in the forward looking information. Except as required under applicable
securities legislation, Silverton undertakes no obligation to publicly update or revise forward -looking
information.
Silverton Metals Corp.
200 – 500 Denman Street
Vancouver, BC, V6G 3H1, Canada
p 604 - 683 -0911
www.silvertonmetals.ca
TSX - V: SVTN
OTCQB: SVTNF
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED
IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.