Silver Dollar Resources (TSE:SLV) has released an update.
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Silver Dollar Resources has successfully closed a $1.5 million private placement financing, with Eric Sprott, a strategic investor and the largest shareholder, contributing $750,000. The funds will be used to initiate drilling at the Ranger-Page Silver-Lead-Zinc Project in Idaho’s Coeur d’Alene Mining District. This project is drill-ready and located in a prime silver mining area with excellent infrastructure.
For further insights into TSE:SLV stock, check out TipRanks’ Stock Analysis page.