Silver Dollar Resources - Eine neue Chance im Red Lake Gebiet

[Adminwatch]

Ein guter Deal

Vancouver, British Columbia--(Newsfile Corp. - April 20, 2023) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") is pleased to announce the signing of an Option Agreement and Exclusivity Agreement with Canasil Resources Inc. ("Canasil").

Pursuant to the agreements, Silver Dollar will provide Canasil with a $200,000 non-interest-bearing loan (the "Loan") in return for a two-month exclusivity period to conduct due diligence on the assets of Canasil (the "Exclusivity Period") and an option to earn a 100% interest in Canasil's Nora property (the "Nora Option").

The purpose of the Exclusivity Period is to give Silver Dollar the opportunity to review Canasil's assets and consider a corporate merger (the "Transaction"). The Exclusivity Period can be extended for an additional 30 days if requested by Silver Dollar at no cost. Should Silver Dollar decline to propose a Transaction or the parties find the terms of a proposed Transaction unacceptable, then the Exclusivity Period will terminate, and Canasil will have 60 days to repay the Loan. Completion of a proposed Transaction will be subject to the support of key stakeholders, shareholder approval, and regulatory approvals.

Canasil owns a 100% interest in the Nora property that is located in the State of Durango, Mexico (the "Property"). Under the terms of the Nora Option, Silver Dollar can earn a 100% interest in the Property by incurring total exploration expenditures of $3,000,000 and making cash payments totaling $375,000 over five years. Upon earning a 100% interest in the Property, Silver Dollar will grant Canasil a 3% net smelter returns royalty (the "Royalty"), with Silver Dollar having the right to buy back 1% of the Royalty for $3,000,000. After granting the Royalty, Silver Dollar will also pay an annual royalty of $25,000 which will be offset against the 1% Royalty buyback.

Nora, Silver-Gold-Copper-Zinc-Lead, Durango State

200 km NW of the City of Durango in Durango State
Within the “Silver Belt” of the Mexican High Plateau region, 50 km W of SSR Mining La Pitarrilla deposit and on trend with silver gold mines: Fresnillo San Julian and Endeavour Silver Guanacevi
Rock chip samples collected from the Candy and Nora veins and nearby dumps returned significant gold, silver, copper, lead and zinc values
Soil geochemical program identified five targets with potential for high-grade vein style mineralization as well as disseminated bulk tonnage mineralization
2020 – 2021 Candy vein drilling highlights include:
3.73 m of 3.71 g/t Au and 489 g/t Ag, including
0.98 m of 5.30 g/t Au and 1,320 g/t Ag (NRC-20-04)
2.65 m of 4.78 g/t Au and 351 g/t Ag, including
1.15 m of 7.90 g/t Au and 528 g/t Ag (NRC-20-06)
1.65 m of 11.86 g/t Au and 378 g/t Ag, including
1.00 m of 19.49 g/t Au and 620 g/t Ag (NRC-20-06)
3.63 m of 6.44 g/t Au and 884 g/t Ag, including
2.03 m of 8.45 g/t Au and 1,021 g/t Ag (NRC-21-09)
1.70 m of 20.59 g/t Au and 1,290 g/t Ag, including
0.70 m of 43.70 g/t Au and 1,290 g/t Ag (NRC-21-09)
7.18 m of 2.05 g/t Au and 344 g/t Ag, including
2.00 m of 4.42 g/t Au and 541 g/t Ag (NRC-21-11)
12.50 m of 5.31 g/t Au and 336 g/t Ag, including
2.00 m of 9.54 g/t Au and 729 g/t Ag, and
1.00 m of 13.55 g/t Au and 828 g/t Ag (NRC-21-12)

[Adminwatch]

Silver Dollar Resources ... sollte man sich merken

Anfänglich wollte hier jeder dabei sein. Mittlerweile ist es still geworden.
Der Wert scheint jedoch wieder zu erwachen.
Immer noch sehr, sehr günstig und in einem Silberbullenmarkt ein absoluter Outperfomrer.
Top-Projekte, Top-Managment, Ausgezeichnete Geologen (Durning & Hillemeyer) und finanziell gut aufgestellt.
Sprott ist Hauptaktionär.
Was möchte man mehr?

[Hilmarreuss]

https://www.newsfilecorp.com/release/64075/Eric-Sprott-Annou…

Sprott ist auch mit dabei, mit bis zu 19,9 %

[Serengeti]

Das Team um MICHAEL ROMANIK ( GoldOn Resources ) hat eine neue Firma gegründet.
Derzeit nur handelbar in Kanada.
Eric Sprott ist mit über 12 % beteiligt.

https://silverdollarresources.com/