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Silver One is focused on the exploration and development of high value silver projects. The Company holds an option to earn 100% interest in its main project, the formerly producing Candelaria Mine in Nevada.

The Candelaria Mine has a NI 43-101 compliant leach basin M&I resource estimated at 30 million oz Ag in the indicated category and 15 million oz Ag in the inferred category. The historical resources of Mount Diablo and the Northern Belle deposit were approximately 46 million oz in the indicated and 36 million oz in the inferred category.