Northwire Canada EditionSunday, November 8, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Silver Dollar Hires Versa for Diamond Drilling at Its La Joya Silver (Cu-Au) Project

SLV · Price

Executive Summary

  • Silver Dollar Resources Inc. has engaged Versa Perforaciones to execute a 3,500‑metre diamond drilling program at its 100 % owned La Joya Silver (Cu‑Au) Project in Durango, Mexico.
  • The drill program targets deep “San Martin‑type” mineralization beneath known zones and magnetic anomalies around the Coloradito Intrusive (“El Brazo”).
  • This initiative reflects a strategic shift from open‑pit to underground exploration and supports the company’s fully funded 2026 plan.

Key Details

  • Drilling Contractor: Versa Perforaciones.
  • Program Length: Approximately 3,500 m of diamond drilling.
  • Project Focus: La Joya Silver (Cu‑Au) Project – flagship property owned 100 % by Silver Dollar.
  • Exploration Objective: Test for deep, high‑grade silver‑copper‑gold mineralization analogous to the nearby San Martín Mine.
  • Target Areas:
  • Zones adjacent to historic resource bodies, especially on the sides of intrusive bodies.
  • Specific focus on the Coloradito Intrusive (“El Brazo”) where San Martin‑type mineralization has been identified.
  • Strategic Context: Part of a broader shift from potential open‑pit targets to underground exploration and development.
  • Property Overview:
  • 15 mineral concessions covering 4,646 ha.
  • Hosts Main Mineralized Trend (MMT), Santo Niño, and Coloradito deposits.
  • Located ~75 km SE of Durango city in a high‑grade silver district with multiple operating mines.
  • Historical Background:
  • Prior operator Silvercrest Mines released a PEA (NI 43‑101) in Dec 2013 covering only MMT and Santo Niño based on 2010‑12 drilling.
  • No current qualified person has re‑qualified the historic resource; it is not being treated as an active mineral resource.
  • Qualified Person: Dale Moore, P.Geo., reviewed and approved the technical information (not independent per NI 43‑101).

Notable Quotes

  • “The discovery of San Martin‑type mineralization on the Property provides evidence supporting deeper mineralization around the main intrusions at La Joya.” – Gregory Lytle, President, CEO & Director.
Read the original news release →

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