Silver Dollar Exercises Option on Government Gulch Portion of Ranger-Page Project

Core Viewpoint - Silver Dollar Resources Inc. has successfully exercised its option to acquire a 75% interest in the Government Gulch portion of the Ranger-Page Project, a significant mining area in the Coeur d'Alene Mining District, known for its high production of silver, lead, and zinc [2][4]. Company Summary - Silver Dollar Resources Inc. is focused on mineral exploration in North America's prominent mining regions, particularly Idaho's Silver Valley and the Durango-Zacatecas silver-gold belt [8]. - The company has a portfolio that includes advanced-stage projects like Ranger-Page and La Joya, as well as the early-stage Nora project [8]. - Silver Dollar's largest shareholder is renowned mining investor Eric Sprott, indicating strong financial backing [8]. Project Details - The Ranger-Page Project encompasses six historic mines and is strategically located near Interstate 90, providing year-round access to essential resources and infrastructure [7]. - The company has incurred over US$1,210,000 in exploration expenditures on the Government Gulch property, in addition to a payment of US$250,000 to the optionor [2][3]. - Silver Dollar has the option to acquire the remaining 25% interest in the Government Gulch property through negotiations or predetermined payment options [3]. Future Plans - If the company does not exercise the Second Option by December 31, 2025, a joint venture will be formed, with Silver Dollar acting as the operator [4]. - The Government Gulch Agreement includes provisions for dilution of interests if a joint venture participant does not contribute its proportionate share of expenses [4][6].