Silver Dollar Resources acquires 75% interest in Government Gulch portion of Ranger-Page project in Idaho. Paid $250,000 and spent $1.21m on exploration. Retains option for remaining 25%. Joint venture if option not exercised by 2025. Agreement includes dilution provisions and option to purchase NSR royalty. Located in Coeur d’Alene silver district.
Project includes six historic mines with exploration targets identified. Silver Dollar to grant NSR royalty to Silver Valley Metals. Access to infrastructure and skilled workforce. Target areas include historic mining extensions, survey anomalies, and identified mineralisation. Additional targets identified through geochemical data, mapping, and survey data.
Read more at Yahoo Finance: Silver Dollar exercises option to acquire 75% in Ranger-Page project in US
