08:31 AM EST, 02/20/2025 (MT Newswires) -- Silver One Resources ( SLVRF ) said overnight Wednesday that it completed the geophysical processing and 3D modelling of helicopter-borne electromagnetic data from its ZTEM survey in October 2024 at the Phoenix silver project in Arizona.
According to Silver One, Geotech's processing, 3D-modelling, and targeting analysis identified several significant anomalies potentially related to copper and silver mineralization.
The company said it aims to conduct further exploration for two priority copper targets and five priority silver targets.
"The proximity to major copper producers and exploration porphyry targets along with excellent prospectivity defined by both geophysics and surface copper and silver samples, makes this project a high priority porphyry exploration target," said Greg Crowe, Silver One's president, chief executive and director. "Additional silver anomalies add to the already overall exploration potential of Phoenix Silver."
Silver One's share price rose 4.2% on Wednesday to $0.25 on the TSXV.