What Silver Dollar Resources does

Silver Dollar Resources Inc. is a publicly traded junior mineral exploration company headquartered in Victoria, British Columbia, with shares listed on the Canadian Securities Exchange (SLV), OTCQX (SLVDF), and the Frankfurt Exchange (4YW). Founded around 2018 and IPO'd in May 2020, the company is pre-revenue and focuses on acquiring and exploring mineral property assets in North America's premier mining regions, primarily targeting silver, copper, gold, lead, and zinc in carbonate replacement deposit (CRD) systems. Its flagship asset is the advanced-stage La Joya Silver (Cu-Au) Project in Durango, Mexico, where a fully funded 3,500-metre diamond drilling program is testing deep San Martin-type mineralization across multiple targets including Central Dyke, El Brazo, North Side, and Road Zone, with reported intercepts such as 232 g/t AgEq over 19.35 metres and 694 g/t AgEq over 8.6 metres. The company also holds the early-stage Nora Silver-Gold Project in the Durango-Zacatecas belt and divested its Ranger-Page Silver-Zinc-Lead Project in Idaho to Bunker Hill Mining Corp. in December 2025 for approximately $5.8 million in stock.

The business model is that of a classic exploration-stage junior: no operating revenue, capital raised via equity financings and asset sales, with future monetization contingent on discovery success leading to royalties, off-take agreements, joint ventures, or asset sales to mid-tier and major mining companies. The company's go-to-market is investor-relations-led, targeting high-net-worth individuals, retail investors, and mining-focused funds, with notable backing from renowned mining investor Eric Sprott, who participated in the October 2025 CAD$5.9 million brokered private placement and is the largest shareholder. The technical team includes Thayer Lindsley Award-winning advisors Perry Durning and Bud Hillemeyer, alongside executives with operating experience at First Majestic Silver, Silver Standard Resources, Penoles, Noranda, and other major mining organizations. Marketing channels include financial media partnerships (Investing News Network), news distribution via Newsfile Corp., and direct investor communications on X (Twitter). The company has elected semi-annual financial reporting under Coordinated Blanket Order 51-933, consistent with venture-issuer norms on the CSE, and is managed by President and CEO Gregory Lytle, appointed March 2025 after serving as a consultant since the 2020 IPO.

Name

Silver Dollar Resources

Legal name

Silver Dollar Resources Inc.

Website

https://silverdollarresources.com

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Silver Dollar Resources is a publicly traded, pre-revenue junior mineral exploration company focused on acquiring and drilling silver, copper, and gold projects in North America's premier mining districts, with its flagship La Joya Silver Project in Durango, Mexico, funded by equity capital from institutional and high-net-worth mining investors.

Ownership category

akta.pro rank

Product category

Mineral Exploration Services

NAICS

Gold Ore and Silver Ore Mining (212220), Copper, Nickel, Lead, and Zinc Mining (212230)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industries

Silver Mining (IMAKAEAB), Copper Exploration & Resource Development (IMAKADAA), Gold Mining (IMAKAEAA)

Keywords

• Mineral exploration
• Silver mining
• Mining project development
• Diamond drilling programs
• Mineral property acquisition

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Pre-Revenue Exploration Stage: Silver Dollar Resources is a pre-revenue mineral exploration company. The company generates no operating revenue and is entirely dependent on equity financings and asset sales to fund operations. Revenue potential would come from successful mineral discoveries leading to production royalties, offtake agreements, or the sale of project interests to larger mining companies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Silver Dollar Resources is a pre-revenue junior mineral exploration company that acquires, explores, and develops mineral property assets in North America. The company focuses on silver, copper, gold, lead, and zinc exploration through diamond drilling programs, with a flagship advanced-stage project at La Joya in Mexico's Mexican Silver Belt and an early-stage Nora silver-gold project in the Durango-Zacatecas belt.

Product overview

Silver Dollar Resources is a mineral exploration company with a portfolio of mining projects in North America. The company's primary asset is the advanced-stage La Joya Silver (Cu-Au) Project in Mexico's Mexican Silver Belt, where active diamond drilling is underway. The company also holds the early-stage Nora Silver-Gold Project in the Durango-Zacatecas belt. The Ranger-Page Project in Idaho was divested in December 2025. The company is not a technology or software products company.

Differentiator

Problem solved

Functional benefit

Products and services

• La Joya Silver (Cu-Au) Project Advanced exploration-stage silver-copper-gold project located in the Mexican Silver Belt in Durango, Mexico, featuring multiple mineralized targets including the Main Mineralized Trend, Coloradito, El Brazo, North Side, Central Dyke, and Road Zone. A 3,500-metre diamond drilling program targets deep San Martin-type carbonate replacement deposit (CRD) mineralization. The project is 100%-owned with a 2% NSR royalty to Metalla Royalty.
• Nora Silver-Gold Project Early-stage silver-gold exploration project located in the prolific Durango-Zacatecas silver-gold belt in Mexico.
• Red Lake Area Properties Mineral property holdings in the Red Lake area referenced in the company's project portfolio.

Quantifiable outcome

• Central Dyke: 134 of 170 samples returning >100 g/t AgEq; sample #161 returned 3,823 g/t AgEq
• +3 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered major, supporting, operational and minor.

• Bunker Hill Mining Corp.majorStrategic or Co-development Partner · 11 December 2025Acquired the Ranger-Page Silver-Zinc-Lead Project from Silver Dollar in an all-stock transaction valued at CAD$3.5 million (approximately $5.8 million at closing). Silver Dollar received 23,333,334 shares of Bunker Hill and became a significant shareholder supporting the restart of Bunker Hill's mine, expected to begin production in H1 2026.
• Investing News Network (INN)supportingGTM or Marketing Partner · 15 October 2025Dig Media Inc. (dba Investing News Network) provides advertising and investor awareness marketing services to increase company visibility among INN's investor audience. Campaign extended for six months at $99,000, ending October 20, 2026.
• Versa PerforacionesoperationalOthersHired to conduct the 3,500-metre diamond drilling program at the La Joya Silver Project in Durango, Mexico. Versa is providing drilling services to test targets for deep San Martin-type mineralization.
• Metalla Royalty & Streaming Ltd.minorOthersOwns a 2% net smelter returns (NSR) royalty on all minerals produced from the La Joya Silver Project. This is an inbound royalty obligation, not a partnership.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Vizsla Silver: Junior silver-focused explorer advancing the Panuco project in Sinaloa, Mexico. Closely comparable to Silver Dollar as a silver-rich CRD/epithermal explorer in Mexico pursuing high-grade mineralization along the western Mexican silver belt.
• MAG Silver: Silver-focused developer that advanced the Juanicipio project in Zacatecas, Mexico in joint venture with Fresnillo. A benchmark comparable for the development trajectory Silver Dollar could pursue if La Joya delivers a major discovery, with similar Mexico-focused high-grade silver asset profile.
• Avino Silver & Gold Mines: Silver-gold producer with the Avino mine in Durango, Mexico. Directly comparable as a small-cap Mexico-focused silver-gold miner operating in the same Durango state, with both exploration and production characteristics similar to Silver Dollar's project portfolio.
• Defiance Silver: Junior silver explorer with projects in the Zacatecas silver district of Mexico. Closely comparable to Silver Dollar as a Mexican silver-focused junior pursuing high-grade CRD/epithermal mineralization at similar stage of development and capitalization.
• Dolly Varden Silver: Junior silver explorer advancing the Dolly Varden and Homestake Ridge projects in British Columbia's Golden Triangle. Comparable as a North American-focused silver explorer at similar stage, though operating in a different jurisdiction (BC vs. Mexico).
• Silver Tiger Metals: Junior silver explorer advancing the El Tigre project in Sonora, Mexico. Comparable as a Mexican silver-focused explorer drilling high-grade epithermal/CRD-style mineralization with similar market capitalization and exploration-stage profile to Silver Dollar.

Regional players

• Bunker Hill Mining: Silver-zinc-lead developer restarting the Bunker Hill mine in Idaho's Silver Valley. Directly comparable as a transactional counterparty — Bunker Hill acquired Silver Dollar's Ranger-Page project in December 2025 — and as a North American silver-zinc-lead developer restarting a past-producing mine.

Broad incumbents

• First Majestic Silver: Major silver producer with multiple operating mines in Mexico, including San Dimas, Santa Elena, and La Encantada. Directly comparable as a Mexican Silver Belt operator and was an early investor in Silver Dollar's 2020 capital formation, making it both a strategic peer and historical capital partner.
• Endeavour Silver: Mid-tier silver producer with operating mines (Guanaceví, Bolañitos) in Durango and Chihuahua, Mexico. Comparable as a Mexico-focused silver operator in the same Durango-Zacatecas belt as La Joya and Nora.

Emerging players

• Aya Gold & Silver: Mid-tier silver producer-developer with the Zgounder mine in Morocco and exploration properties. Comparable as a silver-focused growth story with both producing and exploration assets in a non-traditional jurisdiction, providing a benchmark for Silver Dollar's eventual transition from explorer to developer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ResourcesDollar
• LinkedInlinkedin.com/company/silver-dollar-resources-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Silver Dollar Resources