Silver Dollar Outlines 2026 Exploration Plans at its La Joya Silver (Cu-Au) Project
Executive Summary
- Silver Dollar Resources outlines its 2026 exploration plan for the 100 % owned La Joya project in Durango, Mexico, focusing on deep “San Martin‑type” mineralization.
- Five priority targets have been defined; historic drill results at several of these show high‑grade silver‑equivalent intercepts (e.g., 232 g/t AgEq over 19.35 m at El Brazo).
- The company states it is fully funded for 2026 and will commence drilling once targeting work is completed.
Key Details
- Project Focus: Shift from open‑pit to underground development; enhanced modeling, detailed mapping, re‑logging of historic core.
- Geological Context: Targets lie within the Cuesta del Cura Limestone/Indidura Formation along the San Luis‑Tepehuanes fault system (Mexican Silver Belt). Comparable mineralization to nearby San Martin mine (300 M oz Ag historically).
Priority Targets & Notable Intercepts
- Central Dyke – 770 m strike; 134/170 samples >100 g/t AgEq; sample #161 returned 3,823 g/t AgEq.
- El Brazo – ~1 km west of Main Mineralized Trend; drill hole NOR‑22‑013 intersected 232 g/t AgEq over 19.35 m, including 535 g/t AgEq (420 g/t Ag, 0.41 g/t Au, 0.05 % Cu, 1.97 % Pb, 3.9 % Zn) over 5 m.
- North Side – historic hole LB96‑04: 694 g/t AgEq over 8.6 m at 401 m depth, indicating deep high‑grade mineralization open in all directions.
- Road Zone – blind gold‑rich target; hole NOR‑21‑004 (deviated) gave 1,099 g/t AgEq over 3 m; subsequent holes NOR‑22‑010 (204 g/t AgEq over 2.09 m) and NOR‑22‑017 (700 g/t AgEq over 1.87 m) across a 190 m strike length.
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El Puerto Mag Anomaly – ground magnetic anomaly coincident with topographic low; identified as a blind target for future testing.
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Assay Basis: AgEq calculated using Au $1,750/oz, Ag $22/oz, Pb $1.25/lb, Zn $1.50/lb, Cu $4.30/lb and historic recoveries (Au 66 %, Ag 93 %, Cu 70 %, Pb 87 %, Zn 84 %).
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Funding: Company is “well‑funded” for 2026 after a recent financing round supported by investor Eric Sprott; no specific amount disclosed in this release.
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Qualified Person: Dale Moore, P.Geo., reviewed and approved the technical information (not independent).
Notable Quotes
“We are well‑funded and ready for an active year at La Joya, capitalizing on favorable market conditions and record‑high prices for gold, silver, and copper,” – Gregory Lytle, President & CEO.
The release contains forward‑looking statements regarding exploration plans and funding; actual results may differ.