Silver Dollar Resumes Exploration Drilling at the La Joya Silver Project in Durango, Mexico
FOR IMMEDIATE RELEASE
Silver Dollar Resumes Exploration Drilling at the La
Joya Silver Project in Durango, Mexico
The Company is fully funded for 2022 exploration
VANCOUVER, BC – January 13, 2022 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQB:
SLVDF) (“Silver Dollar” or the “Company”) is pleased to report that exploration drilling has
recommenced at the La Joya silv er property (the “Property”) lo cated in the state of Durango,
Mexico (See Figure 1).
The initial drilling program is focused on the No ria portion of the Property with an emphasis on
target development and testing for possible stru ctural extensions of known mineralized zones
identified in historical drilling. A total of 1,134 metres of core drilling was completed over five
holes before the Christmas break (See news release of December 22, 2022) and sample results from
those holes will be reported as they are received.
Figure 1: Click on the image above to view a two-minute video introducing the La Joya Project
The first two drill holes of 2022 are planned at the Coloradito area of the Property to test for deeper
occurrences of silver-copper-gold mineralization, which might be coincident with a currently
untested induced polarization (IP) chargeability high in the northern regions of the zone. These
holes will also test the continued near-surface tungsten and molybdenum potential of the Coloradito
area.
“Notably, one of the highest-grade samples taken to date from the La Joya property is a surface
sample from the Coloradito area that returned 5,318.8 grams per t onne (g/t) silver, 54.7 g/t gold,
and 6.3% lead over 2 metres. This historic samp le was collected in 1999 by the Boliden/Luismin
joint venture (SilverCrest Mines Inc. news rele ase of February 16, 2012),” said Mike Romanik,
president of Silver Dollar. “While surface sample s are selected samples and are not necessarily
representative of the overall mineralization hosted on the property, we are nevertheless excited to
be drill testing the discovery potential of this underexplored area of the Property.”
Mike Kilbourne, P.Geo., an independent Qualifie d Person as defined in NI 43-101, has reviewed
and approved the contents of this news release on behalf of the Company.
About the La Joya Property
The La Joya Property is situated approximately 75 kilometres directly southeast of the state capital
city of Durango in a prolific mineralized region with past-producing and operating mines including
Grupo Mexico's San Martin Mine, Industrias Penoles 's Sabinas Mine, Pan American Silver's La
Colorada Mine, and First Maje stic's La Parrilla and Del Toro Silver Mines. Access and
infrastructure near the property are considered excellent with a highway and power lines nearby.
About Silver Dollar Resources Inc.
Silver Dollar is a mineral exploration company that completed its initial public offering in May
2020 and is fully funded for 2022 with approxima tely $9 million in the treasury. The Company’s
projects are located in two of the prolific mining jurisdictions in the world and include the advanced
exploration and development stage La Joya Silver Project in the state of Durango, Mexico; and the
discovery-stage Pakwash Lake and the Longlegge d Lake properties in the Red Lake Mining
District of Ontario, Canada. Th e Company has an aggressive gr owth strategy and is actively
reviewing potentially accretive acquisitions with a focus on drill-ready projects in mining-friendly
jurisdictions internationally.
For additional information, you can download our latest presentation by clicking here and you can
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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 stat ements.” Forward-looking statements involve known and
unknown risks, uncertainties, assumptions and other fact ors 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 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.