Silver One Resources Inc

Promotional Strapline: Building a Silver Company in Premier US Mining Location
Primary Ticker: TSX-V:SVE, OTCQX:SLVRF, FF:BRK1
Stage of Development: Development, Exploration
Primary Minerals: Copper, Silver
Country / Region: United States
Market Cap 175M
Website: Silver One Resources Inc

Silver One is focused on the exploration and development of quality silver projects. The Company owns a 100%-interest in its flagship project, the past-producing Candelaria Mine located in Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production.

The Company owns 636 lode claims and five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 11 km along-strike.

Silver One also has 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect, which lies within the “Arizona Silver Belt,” immediately adjacent to the prolific copper producing area of Globe, Arizona.

 

Management Profile

Greg Crowe, President and CEO, Director

Mr. Crowe has over 30 years’ experience in the exploration and mining sector. This includes extensive exposure to precious and base metal projects throughout North and South America, Asia and Africa. Mr. Crowe has worked with major mining companies and has served as a Director and Executive of several junior and development stage resource companies.

From 2002 until late 2015, Mr. Crowe was President and CEO of Entrée Gold Inc. He was instrumental in transforming Entrée from an early stage exploration play to one with an advanced development-mining project in joint-venture with Rio Tinto and its partner company, Turquoise Hill Resources. Over $12 billion has been slated towards production at Oyu Tolgoi, including Entrée’s JV project. In connection with the development of Entrée, Mr. Crowe played a key role in raising over $200 million, acquiring an Australian junior company for the procurement of a large copper project in Nevada and completing several other acquisitions and transactions.

Mr. Crowe’s key role in helping to bring about this highly successful development story attests to his ability to not only build companies, but to successfully navigate political and partnership issues and to strategically maneuver through cyclical variations in commodity markets.

 

What are your key goals for the next 3, 6 and 12 months?

3 Months

1. Finalize Metalurigcal work on Candelaria
2. Continue Drilling to increase resources at Candelaria
3. Complete IP Survey at Phoenix Silver to continue testing for two potential copper porphyry systems
4. Apply for drilling permit at Phoenix Silver

6 Months

1. Initiate Pilot Test Plant to verify metalurgical results
2. Pre-Feasibility Study
3. Drilling to expand resources at Candelaria

12 Months

1. Plan of Operations to update mining permits
2. Prepare for going into production


What do you think makes your company such a compelling investment?

Expectation of going into production on the leach pads in 2027/28
Potentially two copper porphyry's at Phoenix Silver property, adjacent to BHP and Freeport McMoRan Copper site