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  • Silver Dollar Resources (SLV) has hired Versa Perforaciones to conduct its diamond drill program at the La Joya Silver Project
  • The project is located in the state of Durango, Mexico
  • Versa is a division of VersaDrill Canada and has been drilling in Mexico since 2003
  • Initial drilling will focus on the Noria portion of the La Joya property, where re-logging and resampling of select historical drill core has been ongoing
  • Drill pad construction is in progress and drilling is expected to commence shortly
  • Silver Dollar Resources is down 1.41 per cent, trading at $0.70 at 1:13 pm ET

Silver Dollar Resources (SLV) has hired Versa Perforaciones to conduct its diamond drill program at the La Joya Silver Project.

The project is located in the state of Durango, Mexico.

Versa is a division of VersaDrill Canada and has been drilling in Mexico since 2003. The company has worked on several projects for Silver Dollar’s option partner First Majestic Silver Corp.

Initial drilling will focus on the Noria portion of the La Joya property, where re-logging and resampling of select historical drill core has been ongoing along with a targeted surface sampling and mapping program to refine drill collar locations.

Drill hole collar locations have been selected, drill pad construction is in progress, and drilling is expected to commence shortly.

Silver Dollar completed its initial public offering in May 2020 and is fully funded for 2021 with approximately $10 million in the treasury.

Silver Dollar Resources is down 1.41 per cent, trading at $0.70 at 1:13 pm ET.

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