12:43 PM EDT, 03/12/2024 (MT Newswires) -- Silver Dollar Resources Inc. ( SLVDF ) said Tuesday that it has initiated a re-evaluation of the Nora Silver-Gold property in the state of Durango, Mexico.

The company's shares plunged 13.2% on last look on Tuesday.

The company carried out fieldwork in late February that included geological mapping and sampling of priority anomalies along with resampling of the Candy Vein. A total of 72 surface samples were collected.

Among the highlights, the company said 12 soil grid samples were taken from the East anomaly; 10 soil grid samples were taken from the West anomaly; and nine soil grid samples were taken from the South anomaly.

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