07:47 AM EDT, 10/08/2024 (MT Newswires) -- Silver One Resources ( SLVRF ) overnight Monday said it has begun a property-wide airborne geophysical survey at its Phoenix Silver Project near Globe, Arizona. The geophysical program will cover an area of 100 square kilometers.

Phoenix Silver lies at the northeast end of a 50+ kilometer belt that is host to multiple porphyry copper mines and prospects. These include the nearby Miami-Inspiration producing complex operated by Freeport McMoRan and the Ocelot project being explored by BHP.

"The silver targets on the property continue being the focus of our exploration and, to that end, the company commenced drilling the first week of October," said CEO Greg Crowe. "The potential for copper, however, is also compelling and as such we have commenced an airborne ZTEM survey to assess the porphyry copper potential in the property."