Silver One targets a transformative year in 2027 by advancing its Candelaria silver-gold project toward a pre-feasibility study and production decision, wallstreetONLINE reported.
The exploration and development company focuses on precious metals assets located in the southwestern United States. Greg Crowe spoke about these plans in Vancouver for a special stock market study by the StockDay Report, detailing operations across Nevada and Arizona.
Demand for silver continues to outpace supply across multiple industrial and investment sectors, including electric vehicles, solar technology, computers, artificial intelligence, and military applications. Crowe told wallstreetONLINE that the company prioritizes moving the Candelaria project forward.
Candelaria serves as the primary asset, holding a large silver-gold resource of 68 million ounces of silver from past production. The site currently hosts an active drilling program spanning 20,000 to 25,000 meters to expand the existing resource and test new exploration targets. This work supports an upcoming pre-feasibility study, which will provide the initial economic assessment for the property.
Following that study, the company plans to submit an operating plan to update existing permits and work toward a formal production decision. Beyond Candelaria, the company holds the Phoenix Silver project in Arizona, which features high-grade silver veins alongside potential deep porphyry copper-silver targets. The Cherokee project in eastern Nevada rounds out the portfolio with surface showings of silver, copper, and gold.
“Candelaria in Nevada is our forest project,” Crowe told wallstreetONLINE.
| Project Name | Location | Key Metals | Current Focus |
|---|---|---|---|
| Candelaria | Nevada | Silver, Gold | 20,000–25,000 meter drill program, pre-feasibility study |
| Phoenix Silver | Arizona | Silver, Copper | High-grade vein exploration, deep porphyry targets |
| Cherokee | Nevada | Silver, Copper, Gold | Surface showings and vein system evaluation |
Phoenix Silver sits along the direct strike extension of a producing copper mine operated by Freeport-McMoRan, as well as a porphyry copper exploration project held by BHP. The ongoing exploration at Phoenix Silver acts as a key catalyst for the company heading into 2027.
