Silver Dollar Updates Exploration Drilling at the La Joya Silver Project in Durango, Mexico
FOR IMMEDIATE RELEASE
Silver Dollar Updates Exploration Drilling at the La
Joya Silver Project in Durango, Mexico
The Company is fully funded for 2022 exploration
VANCOUVER, BC – December 22, 2021 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQB:
SLVDF) (“Silver Dollar” or the “Company”) is pleased to report that a total of 1,134 metres of
core drilling has been completed through five holes at the La Joya silver project located in the state
of Durango, Mexico (See Figure 1).
The initial drilling program is focused on target development on the Noria portion of the La Joya
property with an emphasis on testing for possible structural extensions of known mineralized zones
identified in historical drilling. Results from this program are expected to provide valuable
information regarding two possible high-grade concepts and will assist in guiding future phases of
drilling.
Figure 1: Click on the image above to view a two-minute video introducing the La Joya Project
Drill hole statistics are presented below in Table 1 and drill hole target descriptions are as follows:
The first two holes, NOR-21-001 and NOR-21-002, targeted possible we stward and downward
extensions of the resource shell related to the pa st-producing Embotelladora mine, the largest of
the historic mines on the La Joya property. Both hol es cut limestone for almost their entire length
but with more intense skarn al teration and mineralization from 70-110 metres (m) and 90-160 m,
respectively.
Hole NOR-21-003 was drilled to test the histor ical 1993 Luismin hole S-5 that had a shallow
interval of 3.86 grams per tonne (g/t) gold (Au) over 15.24 m starting at 42 m but was not included
in the historical resource wireframes. This s hort 69 m hole was designed to confirm the reported
mineralization and advance it to National Instrument (NI) 43-101 standards.
Hole NOR-21-004 was drilled to test the deep high-grade “San Martin ” type mineralization
intercepted in historical hole LB96-04 (starting at 401.65m with 406 g/t silver equivalent [AgEq]
over 8.65 m and 302 g/t AgEq over 3.5 m, including 812 g/t AgEq over 3 m) and was expected to
cut mineralization between 360-400 m. The direction of this hole significantly deviated to the south
and failed to intercept the expected mineraliz ation but was extended down to 558 m to test
mineralization near the main intrusive contact.
Hole NOR-21-005 is a 100 m step out to test the northward extension of mineralization in historical
hole LJ-DD12-96 which intercepted 0.31 g/t Au over 17 m.
Drill Hole # Target
Area
Target Depth
(m)
X
Collar
Y
Collar Azimuth Dip Hole
Length (m)
NOR-21-001 Noria 120 609670 2640835 35 -45 150.0
NOR-21-002 Noria 225 609671 2640834 60 -45 198.0
NOR-21-003 Noria 69 609695.5 2641043 30 -60 69
NOR-21-004 Noria 500 609603.1 2641251 60 -75 558.0
NOR-21-005 Noria 150 608177.2 2640832 45 -45 159
Table 1: Drill hole details
“The drilling campaign at La Joya is progressing well, and our crew will take a well-deserved two-
week break over the holidays,” sa id Mike Romanik, president of Silver Dollar. “We expect 2022
to be a big year for our Compa ny, thank all our shareholders for their support this past year, and
wish everyone a safe and happy holiday season.”
Logging and sampling of the drill core is in progress and core samples are being submitted on a
hole-by-hole basis for analysis. Results will be reported as they are received.
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 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 2021 with approximately $10 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
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 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.