Silver One Resources Announces Restart of Drilling Program at Candelaria

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# Silver One Resources Announces Restart of Drilling Program at Candelaria

Source: https://silverone.com/site/assets/files/2737/2026-07-22-sve-nr.pdf
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# Silver One Resources Announces Restart of Drilling Program at Candelaria
SILVER ONE RESOURCES ANNOUNCES RESTART OF DRILLING PROGRAM AT CANDELARIA
Vancouver, BC – July 22, 2026 – Silver One Resources Inc. (TSX-V: SVE; OTCQX: SLVRF; FSE: BRK1) (“Silver
One” or the “Company”) announces that drilling activities at its 100%-owned Candelaria Silver Project in
Nevada will resume following the brief interruption of the previously announced program disclosed on
May 27, 2026. The May 2026 drilling program, which was designed as a major 20,000-25,000-metre
reverse-circulation (“RC”) and potential diamond (“DDH”) campaign, was halted shortly after
commencement. No drill holes were completed, and the single hole initiated was abandoned due to
operational issues.
Major Drilling, a globally recognized drilling services provider with extensive experience in large-scale
North American exploration programs, has been contracted to resume the drilling campaign. Mobilization
is underway, with drilling scheduled to begin immediately upon completion of site setup, which is
expected to occur approximately a day after mobilization.
The renewed program will maintain the technical objectives outlined in the May 27, 2026 release,
including:
 Resource expansion drilling targeting areas adjacent to existing Measured, Indicated, and
Inferred resources at Candelaria.
 Exploration of new targets, including silver-oxide, mixed oxide-sulphide zones, and deeper
porphyry-style copper-silver-gold targets identified through prior geophysical surveys.
 Condemnation drilling to support infrastructure planning for future development scenarios.
The Company anticipates that the operational reliability and technical capabilities provided by Major
Drilling will allow for steady progress throughout the summer and fall drilling season.
Greg Crowe, President and CEO, commented: “While the termination of the earlier contract was
disappointing, our priority is always to ensure safe, efficient, and technically sound execution. Major
Drilling brings the scale, experience, and reliability required for a program of this magnitude. With their
involvement, we are confident in our ability to advance drilling at Candelaria and continue demonstrating
the district-scale potential of this historic silver project.”
Qualified Person
The technical content of this news release, not related to the mineral resource, has been reviewed and
approved by Robert M. Cann, P. Geo, a Qualified Person as defined by National Instrument 43-101 and an
independent consultant to the Company.
About Silver One
Silver One is focused on the exploration and development of quality silver projects. The Company holds
100% interest in its flagship project, the past-producing Candelaria Mine located in Nevada. Potential
reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-
term production. Additional opportunities lie in previously identified high-grade silver intercepts down-
dip and potentially increasing the substantive silver mineralization along-strike from the two past-
producing open pits.
The Company owns 636 lode claims and five patented claims on its Cherokee project located in Lincoln
County, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 11 km along-
strike.
Silver One also owns a 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very
high-grade native silver prospect that lies within the “Arizona Silver Belt,” immediately adjacent to the
prolific copper producing area of Globe, Arizona.
For more information, please contact:
Silver One Resources Inc.
Gary Lindsey - VP, Investor Relations
Phone: 604-974‐5274
Mobile: (720) 273-6224
Email: gary@strata-star.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver
One cautions that all forward-looking statements are inherently uncertain, and that actual performance
may be affected by a number of material factors, many of which are beyond Silver One's control. Such
factors include, among other things: risks and uncertainties relating to Silver One's limited operating
history, ability to obtain sufficient financing to carry out its exploration and development objectives on
the Candelaria Project, obtaining the necessary permits to carry out its activities and the need to comply
with environmental and governmental regulations. Accordingly, actual and future events, conditions and
results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied
in the forward-looking information. Except as required under applicable securities legislation, Silver One
undertakes no obligation to publicly update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.