The Company is fully funded and eager to commence exploration drilling
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2021) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQB: SLVDF) ("Silver Dollar" or the "Company") is pleased to report it has submitted a drilling permit application and environmental remediation report for the next phase of drilling at the La Joya silver project (the "Project") located in the state of Durango, Mexico.
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In keeping with the previously announced surface rights agreement signed with the local ejido of Noria de Pilares, who collectively own and farm the land in the area, initial drilling is planned on the Noria portion of the La Joya property.
Three drilling contractors have visited the property and provided bids for the proposed diamond drilling. The drilling bids are being evaluated and a contractor will be selected once the permits have been received.
Silver Dollar has reported the following milestones since signing the letter of intent to acquire the La Joya Project in June 2020:
About Silver Dollar Resources Inc.
Silver Dollar is a mineral exploration company that completed its initial public offering in May 2020 and is fully funded for 2021 with approximately $10 million in the treasury. The Company's projects are located in two of the prolific mining jurisdictions in the world and include the advanced exploration and development stage La Joya Silver Project in the state of Durango, Mexico, and the discovery-stage Pakwash Lake and the Longlegged Lake properties in the Red Lake Mining District of Ontario, Canada. The Company has an aggressive growth strategy and is actively reviewing projects in mining-friendly jurisdictions internationally for potential acquisition.
For additional information: contact investor relations, you can download our latest presentation by clicking here and you can follow us on Twitter by clicking here.
Joseph Cullen,
Investor Relations Manager
Direct line: (778) 919-8615
Email: [email protected]
ON BEHALF OF THE BOARD
Signed "Michael Romanik"
Michael Romanik,
President, CEO & Director
Silver Dollar Resources Inc.
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
Forward-Looking Statements:
This news release may contain "forward-looking statements." Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
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