Silver One Resources

Website: https://www.silverone.com/
Primary ticker: TSXV:SVE; OTC:SLVRF; FF:BRK1
Stage of development: Exploration/Development
Primary minerals: Silver
Project locations: Nevada, USA, Mexico

Live financials

Silver One is a Canadian company focused on the exploration and development of quality silver assets. Silver One holds an option to acquire a 100% interest in its flagship project, the past-producing Candelaria Mine. The project, located within the richest historic mining region in Nevada, previously produced over 68 M oz of silver. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for near-term production. Additional opportunities lie in assessing previous high-grade silver intercepts down-dip and potentially increasing the already substantial resources by drilling areas of historic workings along strike from the two of the past-producing open pits. The Company also holds a 100% interest in three significant silver assets in Mexico acquired from First Mining Gold, one of the Company’s largest shareholders.

Management Profile

Greg Crowe, President & CEO

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 is your rationale for attending 121 Mining Investment?

To meet quality investors who are interested in investing in the silver space.

What recent news would you like to highlight to investors attending?

March 5, 2018 – Silver One Provides Drilling And Sampling Update; Announces Acquisition Of Additional Ground At Its Candelaria Silver Mine Project, Nevada

Jan 24, 2018 – Silver One Satisfies Option Payment for Candelaria Silver Mine Project, Nevada

Jan 3, 2018 – Silver One Concludes Sonic Drilling Program at its Candelaria Project, Nevada

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

3 Months:

Candelaria – Subsurface sampling analytical results expected. Historic heap leach drill results and commencement of met testing to determine recoveries for the potential reprocessing of silver from heap leach pads.- Mulwarrie Gold Project – Further Resource  Drilling and results

6 Months:

Met results from heap leach pads. Decision to move forward with formal study re: potential recovery of silver from historic heap leach pads.  Continued exploration along strike from two open pits at Candelaria.

12 Months:

Ongoing development at Candelaria. Potential along strike drilling to seek additional extensions of mineralized system and down dip drilling to examine previous high-grade intercepts.  Evaluation of additional assets and potential acquisitions.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Lacklustre silver market.  Silver One will continue to consreve treasury while increasing asset value of company.

 In a sentence, what do you think makes your company such a compelling investment?

Silver One is an undervalued company in an undervalued and challenging silver market.