Silver One Commences Ground Geophysical Survey at Its Phoenix Silver Project and Advances Candelaria PEA

Core Viewpoint - Silver One Resources Inc. has initiated ground geophysical surveys at its Phoenix Silver project in Arizona, focusing on porphyry copper targets to guide future drilling efforts [1][2]. Group 1: Geophysical Surveys - The company is conducting Induced Polarization (IP) and Magnetotelluric (MT) surveys to detect subsurface metallic minerals, particularly disseminated sulfides [1]. - The surveys are being carried out by Zonge International, Inc. and are expected to be completed by November, with a final interpretative report to follow [1]. - The IP survey aims to provide better definition to potential mineralized targets at depth, particularly in areas with previously identified geophysical anomalies [5][8]. Group 2: Strategic Location - The copper targets are located along the northeastern extension of the Miami-Inspiration copper belt, which includes significant deposits and mines such as Rio Tinto-BHP's Resolution deposit and Freeport McMoran's Miami and Copper City complexes [2]. - The Miami-Copper City and Ocelot deposits are situated 4 km and 3 km southwest of the Phoenix Silver project, respectively [2]. Group 3: Exploration Activities - Silver One is advancing its silver exploration activities, particularly in the 417 area and the Nuggets North target, with plans for geological mapping, surface sampling, and trenching [6]. - A detailed gravity survey is planned over the 417 area to assist in targeting zones of significant silver mineralization [6]. Group 4: Candelaria Project Update - The company is progressing with the Preliminary Economic Assessment (PEA) for its Candelaria Project, led by Kappes Cassiday & Associates, with completion anticipated by year-end 2025 [10].