Silver One Launches Microgravity Survey at Phoenix Silver Project

Silver One Resources Inc has initiated a microgravity survey at the 417 area of its Phoenix Silver Project in Arizona. This survey is part of the company's ongoing exploration efforts to identify dense metallic bodies that could be the source of high-grade silver fragments found in the area. The 417 area has been a priority target due to the presence of large native silver fragments near the surface, with one fragment weighing 190 kilograms and estimated to contain up to 70% silver based on specific gravity.

The microgravity survey, which will cover an area of up to 2,800 gravity stations on a 5-meter grid, is expected to take approximately 30 days to complete. Following the field acquisition, an additional 30 days will be required for data processing, 3D modeling, and interpretation. The results will be released once the full analysis is finalized. If successful, the survey could support broader applications across multiple high-priority targets, including the Mexican Mine and the Nuggets North zones.

Greg Crowe, President and CEO of Silver One, commented, "Initiating microgravity surveying at Phoenix Silver is an important advancement in our exploration strategy. This technique provides the potential to detect dense subsurface bodies that conventional drilling may have missed. A successful outcome at the 417 area could support broader application across multiple high-priority targets, including the Mexican Mine and Nuggets North zones."

The 417 area remains a priority exploration target due to the presence of large native silver fragments near the surface and encouraging drill results. Drilling completed in 2024 intersected 3,800 grams per tonne (g/t) silver and 0.97% copper over 0.35 meters, along with anomalous silver values (10-90 g/t Ag) in 13 of the 30 core holes drilled. Elevated base metals (Cu ± Pb ± Zn) were encountered in all but one hole, highlighting the strength and continuity of the mineralized system.

Additional silver targets were identified by a geophysical ZTEM survey conducted by the company in 2024. The survey covered the area drilled in 2024 and the Mexican Mine, located roughly 600 meters west of the 417 zone. The company also documented a 1.5-kilometer-long train of more than 40 native silver fragments, weighing up to 9 kilograms, in the Nuggets North area.

The microgravity survey is part of Silver One's broader exploration strategy, which includes the potential reprocessing of silver from the historic leach pads at the Candelaria Mine in Nevada. The company also owns the Silver Phoenix Project, a very high-grade native silver prospect located within the "Arizona Silver Belt," adjacent to the prolific copper-producing area of Globe, Arizona.

The survey is expected to take approximately 30 days to complete, with data processing and interpretation following. If successful, it could lead to the identification of dense metallic bodies that could be the source of the high-grade silver fragments found in the 417 area. The results will be crucial for the company's future exploration plans and could have significant implications for the potential development of the Phoenix Silver Project.