Silver Valley Metals Engages Independent Trading Group as Market Maker
SILVER VALLEY METALS ENGAGES INDEPENDENT TRADING
GROUP AS MARKET MAKER
Vancouver, British Columbia – February 4, 2022 – Silver Valley Metals Corp. (“Silver Valley”
or the “Company”) (TSXV:SILV) (OTCQB:SVMFF), a brownfields exploration Company with
two potential high impact projects, announces that, subject to regulatory approval, it has engaged
the services of Independent Trading Group ("ITG") to provide market -making services in
accordance with TSX Venture Exchange (“TSXV”) policies. ITG will trade shares of the Company
on the TSXV and OTCQB with the objective of maintaining a reasonable market and improving
the liquidity of the Company's common shares.
Under the agreement, ITG will receive compensation of CAD$6,000 per month, payable monthly
in advance. The agreement is for an initial term of three months and will renew for additional one-
month terms unless terminated. The agreement may be terminated by either party with 30 days'
notice. There are no performance factors contained in the agreement and ITG will not receive
shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities
and at the time of the agreement, neither ITG nor its principals have an interest, directly or
indirectly, in the securities of the Company.
About Independent Trading Group
ITG is Canada's only brokerage firm dedicated specifically to professional trading. As Canada's
foremost Market Making Firm, ITG provides Market Making and Liquidity Provider services that
are objective and focused. With its head office in Toronto, ITG employs real traders and provides
real liquidity, with an underlying emphasis on integrity and success.
About Silver Valley Metals Corp.
Silver Valley Metals (“Silver Valley” or the “Company”) is a brownfields exploration Company
that has two projects, one located in the Silver Valley, Idaho (silver, zinc, lead) and the second
project located in Zacatecas and San Luis Potosi, Mexico (Lithium and SOP).
Silver Valley’s primary focus is on its flagship Ranger-Page Project (“The Project”) located in
the Silver Valley of Idaho, 60 kilometres east of Coeur d'Alene and 1 kilometre from the I-90
freeway. In 2020 Idaho was ranked the first in the world in policy perception and 9th best mining
jurisdiction (Fraser Institute Annual Mining Survey). The Project borders the famous Bunker
Hill Mine to the east and for the first time consolidates the western extent of the prolific Silver
Valley mining corridor by one operator in the past 100+ years.
The Project is on patented claims, there are no royalties and comprise 6 historical mines. The
largest of these, the Page Mine, was a top ten producer in the Silver Valley producing over 1
billion pounds of zinc and lead and 14.6 million ounces of silver. The Page Mine has high grade
silver-zinc-lead historic reserves and remains wide open at depth beyond what has been defined
to date.
There is shared underground infrastructure connecting the larger Page mine with five shallow
historical mines within the larger Project area. The Company has underground mining data and
surface geological data that supports high grade silver-zinc-lead mineralization present within
the shallow, undeveloped mines. These mines remain open at depth, and laterally along strike.
Exploration potential beyond the historical mines is considered significant due to no modern
systematic exploration applied to the project.
Silver Valley also has a 100%-owned interest in a lithium and potassium bearing salar complex
comprising 4,059 hectares on three mineral concessions (the "Mexican Projects") located on the
Central Mexican Plateau in the states of Zacatecas, and San Luis Potosi, Mexico. The NI 43-101
inferred mineral resource contains 12.3Mt of Sulfate of Potash (SOP) and 243,000 tonnes of
lithium carbonate equivalent (LCE) and remains open in all directions for expansion. The
Company is currently exploring strategic alternatives for the Project to enhance shareholder
value. The Company considers the asset valuable and important.
On behalf of the Board of Directors of Silver Valley Metals,
"Brandon Rook”
Brandon Rook, President & CEO, Director
For further information please contact us at:
604-800-4710
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
The information contained herein contains "forward-looking statements" within the meaning of
applicable securities legislation. Forward-looking statements relate to information that is based on
assumptions of management, forecasts of future results, and estimates of amounts not yet
determinable. Any statements that express predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance are not statements of historical fact and
may be "forward-looking statements." Forward-looking statements are subject to a variety of risks
and uncertainties which could cause actual events or results to differ from those reflected in the
forward-looking statements, including, without limitation: risks related to failure to obtain
adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal
proceedings; political and regulatory risks associated with mining and exploration; risks related to
the maintenance of stock exchange listings; risks related to environmental regulation and liability;
the potential for delays in exploration or development activities or the completion of feasibility
studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill
results, the geology, grade and continuity of mineral deposits; risks related to the inherent
uncertainty of production and cost estimates and the potential for unexpected costs and expenses;
results of prefeasibility and feasibility studies, and the possibility that future exploration,
development or mining results will not be consistent with the Company's expectations; risks related
to commodity price fluctuations; and other risks and uncertainties related to the Company's
prospects, properties and business detailed elsewhere in the Company's disclosure record. Should
one or more of these risks and uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described in forward-looking statements.
Investors are cautioned against attributing undue certainty to forward-looking statements. These
forward-looking statements are made as of the date hereof and the Company does not assume any
obligation to update or revise them to reflect new events or circumstances. Actual events or results
could differ materially from the Company's expectations or projections.