Discovery-Stage Drilling At The Ranger-Page Project
VANCOUVER - Silver Dollar Resources Inc. is proceeding with the necessary permitting and has contacted multiple contractors to bid on the initial drilling campaign at its recently acquired Ranger-Page Project in Idaho's Silver Valley. This is drill-ready project in a world-class silver district where over 90 mines have operated since the first major lead-zinc-silver discovery was staked in 1884. Ideally situated approximately two kilometres (km) south of Interstate 90 Freeway and the town of Smelterville, the Project features power, water, year-round access to local infrastructure and a workforce skilled in exploration and mining. The Project comprises two contiguous patented lode claim groups - Government Gulch (403 acres) and Page Mine (802 acres) - that consolidate the western end of the Silver Valley mining corridor under a single operator for the first time. The land package covers six historic mines with the option to acquire ownership of the Project's mineral rights, which are not currently subject to any royalties.
Multiple exploration targets developed over the last two years using modern exploration techniques for the first time. Primary target areas are up- and down-plunge from historic underground mining, along strike where ground IP surveys identify anomalies, and where surface trenching identified near surface mineralization. Additional exploration targets have been identified away from historic mine infrastructure, using soil geochemical data, mapping, and ground IP survey data.