SILVER ONE INTERCEPTS 1,339 g/t SILVER and 1.21 g/t GOLD OVER 10.67 METRES WITHIN 48 METRES OF 332 g/t SILVER and 0.39 g/t GOLD

2022-08-16

TSXV - TSX Venture Exchange · Silver · Gold · Zinc · Copper · Lead · Molybdenum · Canada

Canada NewsWire

STEP-OUT HOLES CONTINUE EXTENDING THE MINERALIZATION DOWN DIP AND ALONG STRIKE

VANCOUVER, BC , Aug. 16, 2022 /CNW/ -- Silver One Resources Inc. (TSXV: SVE; OTCQX: SLVRF; FSE: BRK1 - "Silver One" or the "Company") is pleased to report results from its reverse circulation (RC) 7,500-metre ("m") drilling program recently completed at its Candelaria project, Nevada . The objectives of the program, which included examining the extensions to silver-oxide mineralization adjacent to the past producing open pits and filling in between step-out holes drilled in 2021, were all successfully achieved.

Highlights:

Since November 2018 , the Company has drilled over 25,000 metres in 131 holes, including RC, core, and sonic holes. The recent 36-hole, 7,500 m drilling program tested the extensions to the silver-oxide mineralization to the east of the Mt. Diablo pit, down-dip from the Mt. Diablo and Northern Belle open pits and filled-in areas of silver mineralization between step-out holes drilled in 2021 west of the Mt. Diablo open pit (Figures 1 and 2). Assays include: Drilling results indicate the extension of the mineralization 400 m west (to drill hole SO-C-21-96) and 450 m east of the Mount Diablo pit (to drill hole SO-C-22-115). The mineralization remains open along strike in both directions as well as down-dip from both Mt. Diablo and Northern Belle pits. The Candelaria mineralization is now known to extend nearly 2 km along strike and 1 km in the down-dip direction and remains open in all directions (Fig.'s 1 and 2)

Silver One's President and CEO, Greg Crowe , commented: "We are very encouraged by the positive results from the assays of our recent round of reverse circulation drilling. Holes drilled confirmed continuity of the mineralization down-dip and along-strike to the east and west of the past producing Mt. Diablo pit, where drilling indicates that silver and gold grades exceed historical average grades mined by open pit. This bodes well for the possibility to expand the known mineralization and the potential for both open-pit and underground mining. The mineralization defined to-date is still open both along strike and down dip from both Mt. Diablo and Northern Belle pits and further exploration is highly warranted".

The silver and gold grades of the holes drilled by the company west of Mt. Diablo (this release, Feb 16 , May 26 and July 15, 2021 news releases) exceed the average grades (88 g/t Ag and 0.1 g/t Au) mined by open pit by previous operators. Gold grades to the east of Mt. Diablo pit increase (drill holes SO-C-22-112 to SO-C-115) compared with grades mined by open pit in the past, however, silver grades decrease in this direction.

Future drilling will focus on testing the continuity of the mineralization down-dip and along strike from both Mt. Diablo and Northern Belle pits.

Drill collars are shown in Figure 1 and Figure 2. Significant gold and silver assays are summarized in Table 1, and coordinates and identification drillhole data are in Table 2.

Metallurgical Testing

Core drilling for metallurgical testing is underway on the Mt. Diablo pit extension mineralization. Core samples from the current program, in conjunction with six core holes drilled in the 2019-2020 campaign, and three bulk samples excavated with a backhoe from the bottom of the Mt. Diablo pit will be used to investigate the silver and gold extraction from the oxide, mixed (oxide-sulphide), and sulphide mineralization. The samples are distributed throughout the deposit and are representative of the grades and major types of Candelaria mineralization.

Results from the metallurgical testing will be used in an upcoming in-ground resource estimate to replace the historical resource completed by Silver Standard in 2001.

The metallurgical results will also be used to evaluate the economics of various processing scenarios, including mixing fresh mineralization with the historic heap leach mineralization versus processing the heap leach material alone.

Figure 1 – Drill Collars and Significant Assays of the 2022 RC drilling.

[](https://mma.prnewswire.com/media/1878702/Figure_1.html)

Note: See Table 1 and Table 2 for additional details on mineralized intervals and RC hole details.

Figure 2 – Drill Collars and Significant Assays, 2020-2021 and 2022 campaigns.

[](https://mma.prnewswire.com/media/1878704/Figure_2.html)

Table 1. Summary of r elevant assays from recent RC drilling.

| Drill hole | From (m) | To (m) | Width (m) | Au (g/t) | Ag (g/t) | Area | | SO-C-22-101 | 112.78 | 114.30 | 1.52 | 2.99 | 0.8 | East Mt. Diablo pit | | and | 153.92 | 172.21 | 18.29 | 0.12 | 29.5 | East Mt. Diablo pit | | Includes | 158.50 | 160.02 | 1.52 | 0.22 | 89.1 | East Mt. Diablo pit | | and | 172.21 | 185.93 | 13.72 | 0.33 | 2.4 | East Mt. Diablo pit | | SO-C-22-102 | 147.83 | 166.12 | 18.29 | 0.14 | 62.6 | East Mt. Diablo pit | | Includes | 147.83 | 155.45 | 7.62 | 0.12 | 72.6 | East Mt. Diablo pit | | Includes | 158.50 | 160.02 | 1.52 | 0.30 | 109.0 | East Mt. Diablo pit | | Includes | 164.59 | 166.12 | 1.52 | 0.20 | 146.0 | East Mt. Diablo pit | | SO-C-22-103 | 137.16 | 160.02 | 22.86 | 0.19 | 45.7 | East Mt. Diablo pit | | Includes | 140.21 | 143.26 | 3.05 | 0.69 | 143.0 | East Mt. Diablo pit | | SO-C-22-104 | 97.54 | 120.40 | 22.86 | 0.16 | 85.0 | East Mt. Diablo pit | | Includes | 97.54 | 106.68 | 9.14 | 0.22 | 165.8 | East Mt. Diablo pit | | and | 123.44 | 137.16 | 13.72 | 0.23 | 10.4 | East Mt. Diablo pit | | SO-C-22-105 | 176.78 | 178.31 | 1.52 | 0.17 | 58.0 | East Mt. Diablo pit | | SO-C-22-106 | 150.88 | 173.74 | 22.86 | 0.03 | 28.2 | East Mt. Diablo pit | | Includes | 161.54 | 163.07 | 1.52 | 0.05 | 119.0 | East Mt. Diablo pit | | SO-C-22-106A | 160.02 | 163.07 | 3.05 | 0.05 | 127.0 | East Mt. Diablo pit | | and | 252.98 | 275.84 | 22.86 | 0.29 | 142.3 | East Mt. Diablo pit | | Includes | 263.65 | 266.70 | 3.05 | 0.76 | 501.5 | East Mt. Diablo pit | | SO-C-22-107 | 0 | 6.10 | 6.10 | 0.29 | 41.3 | Northeast Mt. Diablo pit | | and | 9.14 | 12.19 | 3.05 | 0.13 | 30.9 | Northeast Mt. Diablo pit | | and | 16.76 | 25.91 | 9.14 | 0.42 | 7.8 | Northeast Mt. Diablo pit | | and | 228.60 | 246.89 | 18.29 | 0.14 | 44.7 | Northeast Mt. Diablo pit | | Includes | 230.12 | 233.17 | 3.05 | 0.24 | 84.2 | Northeast Mt. Diablo pit | | SO-C-22-108 | 196.60 | 205.74 | 9.14 | 0.06 | 29.8 | East Mt. Diablo pit | | SO-C-22-109 | 155.45 | 176.78 | 21.34 | 0.11 | 42.6 | East Mt. Diablo pit | | SO-C-22-110A | 118.87 | 144.78 | 25.91 | 0.12 | 43.9 | East Mt. Diablo pit | | Includes | 132.59 | 134.11 | 1.52 | 0.28 | 87.9 | East Mt. Diablo pit | | SO-C-22-111 | 89.92 | 118.87 | 28.96 | 0.13 | 56.5 | East Mt. Diablo pit | | Includes | 92.96 | 97.54 | 4.57 | 0.18 | 82.7 | East Mt. Diablo pit | | Includes | 111.25 | 112.78 | 1.52 | 0.21 | 112.0 | East Mt. Diablo pit | | SO-C-22-112 | 41.15 | 48.77 | 7.62 | 0.31 | 16.6 | East Mt. Diablo pit | | and | 85.34 | 86.87 | 1.52 | 0.56 | 19.6 | East Mt. Diablo pit | | and | 120.40 | 121.92 | 1.52 | 0.37 | 11.2 | East Mt. Diablo pit | | and | 128.02 | 132.59 | 4.57 | 0.12 | 34.9 | East Mt. Diablo pit | | SO-C-22-113 | 71.63 | 91.44 | 19.81 | 1.31 | 11.8 | East Mt. Diablo pit | | Includes | 71.63 | 76.20 | 4.57 | 2.29 | 27.0 | East Mt. Diablo pit | | Includes | 80.77 | 83.82 | 3.05 | 2.48 | 7.8 | East Mt. Diablo pit | | and | 147.83 | 179.83 | 32.00 | 0.16 | 20.6 | East Mt. Diablo pit | | SO-C-22-114 | 102.11 | 108.20 | 6.10 | 0.57 | 124.3 | East Mt. Diablo pit | | Includes | 102.11 | 103.63 | 1.52 | 0.90 | 409.0 | East Mt. Diablo pit | | and | 175.26 | 199.64 | 24.38 | 0.09 | 27.1 | East Mt. Diablo pit | | Includes | 192.02 | 195.07 | 3.05 | 0.18 | 75.2 | East Mt. Diablo pit | | SO-C-22-115 | 115.82 | 123.44 | 7.62 | 0.33 | 24.1 | East Mt. Diablo pit | | and | 170.69 | 176.78 | 6.10 | 0.35 | 17.6 | East Mt. Diablo pit | | SO-C-22-116 | 135.64 | 156.97 | 21.34 | 0.14 | 15.6 | East Mt. Diablo pit | | SO-C-22-117 | 96.01 | 103.63 | 7.62 | 0.19 | 15.7 | West Mt. Diablo pit | | and | 108.20 | 115.82 | 7.62 | 0.15 | 83.9 | West Mt. Diablo pit | | Includes | 109.73 | 114.30 | 4.57 | 0.19 | 110.8 | West Mt. Diablo pit | | SO-C-22-118A | 89.92 | 91.44 | 1.52 | 2.78 | 33.2 | West Mt. Diablo pit | | and | 108.20 | 109.73 | 1.52 | 0.15 | 54.2 | West Mt. Diablo pit | | SO-C-22-119A | 56.39 | 82.30 | 25.91 | 0.34 | 223.1 | West Mt. Diablo pit | | Includes | 68.58 | 71.63 | 3.05 | 0.87 | 1,087.0 | West Mt. Diablo pit | | and | 100.58 | 118.87 | 18.29 | 0.11 | 56.1 | West Mt. Diablo pit | | Includes | 106.68 | 111.25 | 4.57 | 0.16 | 135.2 | West Mt. Diablo pit | | SO-C-22-119B | 60.96 | 109.73 | 48.77 | 0.39 | 332.5 | West Mt. Diablo pit | | Includes | 67.06 | 83.82 | 16.76 | 0.84 | 888.4 | West Mt. Diablo pit | | Includes | 68.58 | 79.25 | 10.67 | 1.22 | 1,339.4 | West Mt. Diablo pit | | SO-C-22-120A | - | 0.00 | - | NSV | | West Mt. Diablo pit | | SO-C-22-121 | 100.58 | 118.87 | 18.29 | 0.17 | 63.0 | West Mt. Diablo pit | | Includes | 108.20 | 111.25 | 3.05 | 0.23 | 108.0 | West Mt. Diablo pit | | SO-C-22-122 | 307.85 | 324.61 | 16.76 | 0.27 | 175.3 | North Mt. Diablo pit | | Includes | 307.85 | 315.47 | 7.62 | 0.51 | 354.8 | North Mt. Diablo pit | | SO-C-22-123 | 310.90 | 312.42 | 1.52 | 0.36 | 131.0 | North Mt. Diablo pit | | and | 335.28 | 336.80 | 1.52 | 0.24 | 74.7 | North Mt. Diablo pit | | and | 349.00 | 350.52 | 1.52 | 0.25 | 41.1 | North Mt. Diablo pit | | SO-C-22-124 | 153.92 | 170.69 | 16.76 | 0.23 | 48.4 | North Mt. Diablo pit | | Includes | 156.97 | 160.02 | 3.05 | 0.53 | 110.4 | North Mt. Diablo pit | | and | 307.85 | 327.66 | 19.81 | 0.28 | 127.4 | North Mt. Diablo pit | | Includes | 307.85 | 310.90 | 3.05 | 0.35 | 214.5 | North Mt. Diablo pit | | Includes | 324.61 | 327.66 | 3.05 | 0.53 | 268.0 | North Mt. Diablo pit | | SO-C-22-125 | 109.73 | 137.16 | 27.43 | 0.13 | 22.1 | North Mt. Diablo pit | | Includes | 132.59 | 135.64 | 3.05 | 0.32 | 57.4 | North Mt. Diablo pit | | and | 281.94 | 298.70 | 16.76 | 0.48 | 252.4 | North Mt. Diablo pit | | Includes | 284.99 | 288.04 | 3.05 | 0.85 | 518.5 | North Mt. Diablo pit | | Includes | 294.13 | 297.18 | 3.05 | 0.90 | 420.0 | North Mt. Diablo pit | | SO-C-22-126 | 118.87 | 120.40 | 1.52 | 0.18 | 23.1 | North Mt. Diablo pit | | and | 294.13 | 310.90 | 16.76 | 0.44 | 169.9 | North Mt. Diablo pit | | Includes | 306.32 | 310.90 | 4.57 | 0.83 | 272.2 | North Mt. Diablo pit | | SO-C-22-127 | 77.72 | 79.25 | 1.52 | 0.27 | 99.0 | North Mt. Diablo pit | | and | 275.84 | 284.99 | 9.14 | 0.38 | 143.0 | North Mt. Diablo pit | | SO-C-22-128 | 233.17 | 234.70 | 1.52 | 0.67 | 38.1 | North Northern Belle pit | | and | 271.27 | 274.32 | 3.05 | 0.39 | 36.6 | North Northern Belle pit | | and | 303.28 | 321.56 | 18.29 | 0.11 | 24.5 | North Northern Belle pit | | SO-C-22-129 | 176.78 | 181.36 | 4.57 | 1.04 | 31.5 | North Northern Belle pit | | and | 187.45 | 199.64 | 12.19 | 0.72 | 128.2 | North Northern Belle pit | | Includes | 187.45 | 193.55 | 6.10 | 0.82 | 228.4 | North Northern Belle pit | | and | 220.98 | 224.03 | 3.05 | 0.42 | 199.0 | North Northern Belle pit | | SO-C-22-130 | 158.50 | 166.12 | 7.62 | 0.77 | 53.5 | North Northern Belle pit | | Includes | 160.02 | 161.54 | 1.52 | 0.82 | 162.0 | North Northern Belle pit | | and | 170.69 | 172.21 | 1.52 | 0.52 | 18.9 | North Northern Belle pit | | and | 184.40 | 188.98 | 4.57 | 0.58 | 59.2 | North Northern Belle pit | | Includes | 187.45 | 188.98 | 1.52 | 0.94 | 82.2 | North Northern Belle pit | | and | 202.69 | 205.74 | 3.05 | 0.40 | 18.2 | North Northern Belle pit | | and | 211.84 | 217.93 | 6.10 | 0.25 | 180.2 | North Northern Belle pit | | Includes | 214.88 | 217.93 | 3.05 | 0.34 | 322.5 | North Northern Belle pit | | and | 281.94 | 297.18 | 15.24 | 0.33 | 181.9 | North Northern Belle pit | | Includes | 289.56 | 292.61 | 3.05 | 1.38 | 777.0 | North Northern Belle pit | | SO-C-22-131 | 140.21 | 150.88 | 10.67 | 0.49 | 178.4 | North Northern Belle pit | | Includes | 147.83 | 150.88 | 3.05 | 0.50 | 491.5 | North Northern Belle pit | | and | 155.45 | 156.97 | 1.52 | 0.16 | 50.5 | North Northern Belle pit |

Mineralized intervals reported are core lengths, and true widths are estimated to be 85% to 100% of these widths based on interpreted drill sections.

Table 2. RC holes coordinates (UTM83-11) and other identification data.

| _Drillhole_Id _ | East (m) | North (m) | Elevation (m) | Azimuth (Deg) | Dip (Deg) | Total Depth (m) | Notes | | SO-C-22-101 | 405913 | 4222840 | 1848.0 | 270 | -85 | 190.5 | | | SO-C-22-102 | 405903 | 4222806 | 1852.0 | 270 | -65 | 185.93 | | | SO-C-22-103 | 405907 | 4222808 | 1852.0 | 90 | -80 | 195.07 | | | SO-C-22-104 | 405905 | 4222806 | 1852.0 | 180 | -65 | 155.45 | | | SO-C-22-105 | 405914 | 4222900 | 1841.8 | 270 | -80 | 234.7 | | | SO-C-22-106 | 405836 | 4223049 | 1831.8 | 270 | -65 | 173.74 | Abandoned _ | | SO-C-22-106A | 405845 | 4223050 | 1831.6 | 270 | -65 | 275.85 | | | SO-C-22-107 | 405674 | 4223155 | 1832.5 | 224 | -60 | 284.99 | | | SO-C-22-108 | 405968 | 4222972 | 1833.9 | 180 | -60 | 225.55 | | | SO-C-22-109 | 405966 | 4222901 | 1839.8 | 180 | -60 | 195.07 | | | SO-C-22-110 | 405983 | 4222816 | 1848.5 | 180 | -60 | 100.59 | Abandoned _ | | SO-C-22-110A | 405982 | 4222813 | 1848.6 | 180 | -60 | 170.69 | | | SO-C-22-111 | 405969 | 4222750 | 1858.7 | 180 | -60 | 140.21 | | | SO-C-22-112 | 406105 | 4222817 | 1839.7 | 180 | -60 | 193.55 | | | SO-C-22-113 | 406117 | 4222885 | 1830.6 | 180 | -60 | 190.5 | | | SO-C-22-114 | 406137 | 4222967 | 1824.3 | 180 | -60 | 225.55 | | | SO-C-22-115 | 406281 | 4222829 | 1833.9 | 180 | -75 | 210.31 | | | SO-C-22-116 | 406281 | 4222795 | 1837.3 | 180 | -60 | 202.69 | | | SO-C-22-117 | 404774 | 4222971 | 1886.9 | 0 | -90 | 144.78 | | | SO-C-22-118 | 404775 | 4222971 | 1886.9 | 90 | -70 | 86.87 | Abandoned _ | | SO-C-22-118A | 404776 | 4222971 | 1886.9 | 90 | -65 | 132.59 | | | SO-C-22-119 | 404938 | 4222983 | 841.6 | 270 | -60 | 42.67 | | | SO-C-22-119A | 404938 | 4222981 | 1841.7 | 270 | -60 | 135.64 | | | SO-C-22-119B | 404939 | 4222982 | 1841.6 | 270 | -65 | 135.64 | | | SO-C-22-120 | 404936 | 4222978 | 1842.1 | 180 | -60 | 80.77 | Abandoned _ | | SO-C-22-120A | 404940 | 4222976 | 1841.9 | 180 | -60 | 79.25 | Abandoned _ | | SO-C-22-121 | 404972 | 4223043 | 1833.6 | 180 | -60 | 160.02 | | | SO-C-22-122 | 405722 | 4223383 | 1877.2 | 224 | -85 | 355.1 | | | SO-C-22-123 | 405495 | 4223513 | 1864.5 | 0 | -90 | 390.15 | | | SO-C-22-124 | 405576 | 4223406 | 1888.6 | 180 | -80 | 355.1 | | | SO-C-22-125 | 405577 | 4223402 | 1888.6 | 180 | -65 | 312.42 | | | SO-C-22-126 | 405607 | 4223394 | 1888.4 | 180 | -75 | 315.47 | | | SO-C-22-127 | 405607 | 4223391 | 1888.4 | 180 | -60 | 300.23 | | | SO-C-22-128 | 404893 | 4223971 | 1734.5 | 180 | -70 | 321.57 | | | SO-C-22-129 | 404826 | 4223944 | 1728.6 | 180 | -55 | 260.61 | | | SO-C-22-130 | 404733 | 4223927 | 1737.1 | 180 | -60 | 300.23 | | | SO-C-22-131 | 404648 | 4223874 | 1756.1 | 180 | -65 | 172.21 | | | * | Drillhole incomplete | | | | | | |

Candelaria Project Mineral Resources

Leach Pad Resource

In August 2020 , The Company completed a resource estimate of indicated and inferred resources on Candelaria's heap leach pads. Thirty million ounces of indicated resources and 15.397 million of ounces in the inferred category were reported. The respective Technical Report, dated effective August 6, 2020, and filed on SEDAR on August 19, 2020 , is titled "Technical Report on the Heap Leach Pads within the Candelaria, Property, Mineral and Esmeralda Counties, Nevada, USA ". The Report was prepared by James A. McCrea, P.Geo., who is a qualified person within the meaning of NI 43-101 and is independent of the Company; McCrea has reviewed and approved the disclosure regarding the updated resource estimate included herein.

Mineral Resources were reported for each leach pad separately, using a 0.01 g/t silver fire assay cut-off grade. See table below:

| Zone/

Category | Tonnes

(000) | Ag (FA)

(ppm) | Au (FA)

(ppm) | Ag (soluble)

(ppm) | Au (soluble)

(ppm) | Contained Metal*

Ag (Moz) Au (oz) | | | Indicated | | | | | | | | | LP 1 | 22,184.000 | 42.1 | 0.074 | 15.6 | 0.022 | 30.017 | 52,000 | | Inferred | | | | | | | | | LP 2 | 11,451.000 | 41.8 | 0.100 | 23.3 | 0.032 | 15.397 | 36,700 |

_* Contained Metal based on fire assay grades The effective date of the mineral resource estimate is August 6, 2020 . 1. A Mineral Resource is a concentration or occurrence of solid material of economic interest in or on the Earth's crust in such form, grade or quality and quantity that there are reasonable prospects for eventual economic extraction. An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. An Indicated Mineral Resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of Modifying Factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit. Geological evidence is derived from adequately detailed and reliable exploration, sampling and testing and is sufficient to assume geological and grade or quality continuity between points of observation. An Indicated Mineral Resource has a lower level of confidence than that applying to a Measured Mineral Resource and may only be converted to a Probable Mineral Reserve. 2. Mineral resources, which are not mineral reserves, do not have demonstrated economic viability. The estimate of mineral resources has no known issues and do not appear materially affected by any known environmental, permitting, legal, title, socio-political, marketing, or other relevant issues. There is no guarantee that Silver One will be successful in obtaining any or all of the requisite consents, permits or approvals, regulatory or otherwise for the project or that the project will be placed into production. _3. The mineral resources in this study were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum ('CIM'), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the Standing Committee on Reserve Definitions and adopted by the CIM Council on May 10, 2014 .

Metal prices used for the resource estimate are: US $1500 per ounce for gold; US $20 per ounce of silver. These prices were used for calculating silver equivalents and for the exploitation scenarios related to reasonable prospects for eventual economic extraction.

Historical Resource

Historic resource estimates of the remaining downdip mineral resources in the project were determined for both the Mount Diablo and Northern Belle deposits by Snowden and reported in a NI 43-101 Technical Report prepared for Silver Standard Resources Inc. in 2001. The resources reported include a historic measured and indicated resource for Mount Diablo of 13.6 million short tons averaging 3.23 opt Ag total and 0.003 opt Au soluble , for 44.1 million ounces of silver. Additionally, there is a historic inferred resource for Mount Diablo and Northern Belle of 14.4 million short tons averaging 2.21 opt Ag total and 0.002 opt Au soluble , for 31.7 million ounces of silver.

The technical report titled _"Candelaria Project Technical Report" _dated May 24, 2001 (filed on SEDAR on June 20, 2002 ), prepared by Pincock Allen & Holt, disclosed the historical mineral resource estimate shown in the table below.