Silver One Initiates ZTEM Survey at High-Grade Phoenix Silver Project

Silver One Resources Inc. (TSXV: SVE, OTCQX: SLVRF, FSE: BRK1) has commenced a property-wide airborne geophysical survey using the Z-Axis Tipper Electromagnetic (ZTEM) system at its high-grade Phoenix Silver Project, located near Globe, Arizona. This survey aims to identify areas of alteration potentially associated with buried porphyry-related mineralized systems, further enhancing the project's exploration potential.

The ZTEM method has proven successful in delineating alteration halos associated with porphyry copper deposits globally. By covering an area of 100 km2, this survey is expected to outline structures and areas of hydrothermal alteration potentially related to mineralization. The data collected will be integrated with existing geological, geochemical, and geophysical data to identify new silver and copper targets.

The Phoenix Silver Project's strategic location at the northeast end of a 50+ kilometer belt hosting multiple porphyry copper mines and prospects adds to its exploration potential. The survey is scheduled for completion in October 2024, aligning with Silver One's overall exploration and development strategy for the project.

By leveraging the ZTEM survey's ability to detect alteration halos, Silver One can gain valuable insights into the project's geological context and refine its exploration strategy. The historical success rate of ZTEM surveys in identifying porphyry copper deposits further strengthens the Company's exploration efforts. As the survey progresses, Silver One may consider potential partnerships with mining companies to advance the project's development.

In conclusion, Silver One's commencement of the ZTEM geophysical survey at its high-grade Phoenix Silver Project marks a significant step in the project's exploration journey. By employing advanced geophysical techniques and integrating the data with existing information, Silver One is well-positioned to identify new silver and copper targets, ultimately enhancing the project's value and potential.