La Joya

Silver Dollar Signs Surface Rights Agreement for La Joya Silver Project in Durango, Mexico

Retrieved on: 
Wednesday, June 23, 2021
La Joya, First Majestic Silver, Durango City, Silver dollar, Durango, Geography of Mexico

Fieldwork commences for the first time in seven years

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 23, 2021) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQB: SLVDF) ("Silver Dollar" or the "Company") is pleased to announce it has entered into a formal surface rights agreement with one of two local communities at the La Joya silver project (the "Project") located in the state of Durango, Mexico.
  • We look forward to working with the local communities to advance the project in a responsible and respectful manner."
  • Silver Dollar has reported the following milestones since signing the letter of intent to acquire the La Joya Project in June 2020:
    Appointed economic geologists Perry Durning and Frank (Bud) Hillemeyer as technical advisors.
  • Entered into a definitive agreement with First Majestic Silver Corp. to acquire up to a 100% interest in the Project (see news release of August 10th, 2020 ).

Silver Dollar Completes Compilation and Reinterpretation of Historical Exploration Data on the La Joya Silver Project in Durango, Mexico

Retrieved on: 
Tuesday, February 2, 2021
La Joya, La Colorada, Economic geology

Several new areas identified for follow up that demonstrate potential to host additional high-grade mineralization

Key Points: 
  • These studies included a detailed review of historical geophysical, geochemical, and regional exploration data, and detailed comparisons to nearby properties.
  • Silver Dollar is pleased to report these studies have successfully identified several new highly prospective regions with the potential to host additional high-grade mineralization at La Joya.
  • Mineralization at La Joya is hosted in an extensive network of structural veins, similar to those discovered at La Colorada.
  • A substantial gravity anomaly has also been identified to the south of the current extent of drilling the La Joya property.