- Business
- Silver Dollar Resources Inc. is a mineral exploration company engaged in the acquisition, exploration, and development of mineral property assets primarily focused on precious and base metals including silver, gold, copper, lead, and zinc. Its portfolio comprises advanced exploration-stage projects such as the La Joya silver-copper-gold project and the Ranger-Page silver-zinc-lead project located in Durango, Mexico and Shoshone County, Idaho, USA respectively, along with the early-stage Nora silver-gold project in Durango. The company operates predominantly in North America, leveraging mining-friendly jurisdictions to pursue drill-ready projects. Founded in 2018 and headquartered in Victoria, Canada, Silver Dollar serves a global investor base with backing from prominent investors such as Eric Sprott and NYSE-listed First Majestic Silver.
Recent major developments include the full acquisition of the Nora silver-gold property from Canasil Resources Inc. and the completion of the acquisition of Ranger-Page project assets in Idaho, enhancing its project portfolio and exploration potential. The company closed a $5.9 million brokered financing led by Eric Sprott to fund near-term activities and continues aggressive expansions with a focus on drill-ready, high-potential mineral properties in prolific mining regions. Silver Dollar also announced significant sampling results at the La Joya project and remains actively engaged in growth through potential acquisitions and operational advancements in its core regions of Mexico and the United States. Its management brings extensive experience in mineral exploration, mining, and capital markets to support these strategic initiatives.