New Risk • Jun 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$125.3m (US$88.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$125.3m market cap, or US$88.3m). Announcement • May 06
Silver One Resources Inc. Commences Airborne Ztem Geophysical Survey At Candelaria Project Silver One Resources Inc. had commenced a property-wide airborne Z-Axis Tipper Electromagnetic ("ZTEM") survey at its 100%-owned Candelaria Project in Nevada. The goal of the survey is to evaluate the presence of shallower, structurally controlled, manto-style mineralization and to define potential deeper porphyry-style mineralized systems. These manto-style systems are host to the silver resources at Candelaria. To date, resources at Candelaria completed in accordance with National Instrument 43-101 ("NI 43-101") constitute 108.18 million Measured and Indicated ounces of silver equivalent ("AgEq") plus 29.46 million ounces of Inferred AgEq. Mapping resistivity contrasts at depth will help in identifying potential new targets, and refining existing ones previously outlined by magnetometer, Induced Polarization ("IP") and rock geochemical surveys. The ZTEM survey will cover the entire property comprising the Candelaria project. Results of this ZTEM program will be combined with earlier geophysical and geochemical survey data to support future drill-target selection and to further advance the geological understanding of the broader mineralizing system. Candelaria hosts a large, district-scale silver system with a well-defined resource base comprising 108.18 million ounces AgEq in Measured & Indicated resources and 29.46 million ounces AgEq in Inferred resources. The mineralization is primarily manto-style, structurally and stratigraphically controlled, and associated with extensive hydrothermal alteration. Historical work and recent reinterpretations suggest that this system may be part of a much larger, horizontally and vertically extensive hydrothermal system, potentially underlain by a deeper porphyry center that could have driven the metal-rich fluids responsible for the structurally controlled manto deposits. The ZTEM survey is designed to detect large-scale conductive and resistive features at depths, penetrating to 1-2 km, making it well suited for imaging signatures of porphyry systems and related alteration halos. The airborne program will be conducted by Geotech Ltd., utilizing its helicopter-borne ZTEM system. The survey will cover the entire Candelaria property, providing a high-resolution geophysical dataset capable of outlining: Structural corridors that may host manto-style silver mineralization; Broad lithological contrasts relevant to resource expansion and target ranking; Deep conductive zones potentially associated with porphyry copper-silver mineralization; Resistive cores and alteration footprints commonly characteristic of porphyry systems. Data acquisition is expected to be completed by mid-May, followed by processing, 3D inversion, and interpretation. The integration of the ZTEM results with existing geological, geochemical, and geophysical datasets will support the definition and prioritization of new drill targets. 
