Silver One Unveils Promising Metallurgical Testing Results for Candelaria Silver Mine

Summary
Silver One Resources Inc. has recently shared the results from their phase 2 metallurgical testing conducted at the Candelaria Silver Mine in Nevada. Utilizing an innovative, cyanide-free leaching process, the company aims to significantly enhance silver recovery rates and reduce leaching times. This update could mark a transformative moment for both the company and the mining industry as a whole.

Introduction

On February 26, 2025, Silver One Resources Inc. provided a comprehensive update regarding its metallurgical testing results, revealing the potential of a non-toxic leaching technology at the Candelaria Silver Mine. This process, developed by Extrakt Processing Solutions (EPS), promises to double the silver recoveries from the mine's leach pad materials and drastically reduce the time required for metal extraction.

Key Highlights of the Testing Results

Innovative Technology

The innovative process focuses on a non-cyanide leaching method, which has demonstrated remarkable efficacy during testing on samples from two heap-leach pads identified as LP1 and LP2. Silver one conducted an exhaustive analysis using representative samples sourced from these pads in addition to assessing in-ground mineralization found around the main open-pit areas.

The encouraging test outcomes indicate the potential for remarkable cost reductions and increased overall metal recovery. EPS's collaboration with Bechtel Energy Technologies Solutions, Inc. enhances the credibility and commercial viability of this leaching technology, signifying a crucial step forward in sustainable mining practices.

Enhancements in Metal Recovery

Test results highlight a clear superiority of EPS' technology compared to traditional cyanide leaching methods. For instance, column non-cyanide leaching is envisaged to recover up to 69% of silver from LP2, as opposed to only 40% achieved through cyanide leaching. Likewise, agitated non-cyanide leaching resulted in a 59.1% recovery rate from LP1, surpassing the previous 49.1% reported just months earlier.

Future Prospects

Gregory Crowe, President and CEO of Silver One, expressed optimism regarding these outcomes. He emphasized that this non-cyanide leach technology not only improves resource recovery but also aligns with more environmentally friendly practices. The significant resources located within the leach pads—over 30 million ounces indicated and 15 million ounces inferred—add to the promising economic landscape.

In the coming months, a Preliminary Economic Assessment (PEA) will be conducted to evaluate the broad economic implications of the technology across the Candelaria project. This assessment aims to compare the operational efficiencies of EPS’ methods with conventional approaches, further establishing the economic viability of the Candelaria Mine.

Conclusion

Silver One’s ongoing metallurgical developments signal transformative potential for the silver mining industry. As more companies explore the benefits of sustainable practices, the push towards innovative, non-toxic recovery methods is becoming vital. The promising results from Candelaria not only enhance Silver One's operational prospects but also signify a progressive shift towards a more sustainable mining sector. Investors and industry stakeholders closely await the forthcoming PEA and subsequent studies that will elucidate the full impact of these groundbreaking technologies.

Understanding these developments positions Silver One as a forward-thinking player in the mining sector, pioneering safe, effective techniques for precious metal recovery, much to the benefit of both the environment and future business endeavors.