Otso Gold to restart production in Finland • Silver One commences drilling at Cherokee Project in Nevada

news Otso Gold to restart production in Finland

Otso Gold Corp has announced the execution of its mining contract with E Hartikainen Oy, for the provision of all mining services at the Otso Gold Mine for a term of three years. Machinery for mining has begun to be mobilized to site in advance of the start of mining in September.

“The company is pleased to have partnered with Hartikainen at the

Silver One Resources has commenced a 1,500-metre diamond drilling program on its 100% owned Cherokee Project in eastern Nevada, USA.

Cherokee is a district-sized exploration play with multiple epithermal vein targets that have never been drill tested, plus excellent discovery potential for additional mineralized systems within the company’s extensive property Otso Gold Mine and looks forward to working together,” said Brian Wesson, president and CEO. “The execution of the mining contract is an important milestone towards the start of production next month.” Arto Hartikainen, managing director of Hartikainen, said, “We are very happy with Otso Gold Mine’s partnership and we are starting preparation work right away. Safety, quality and productivity will play a key role in the development of our services at the Otso Gold Mine.” Otso Gold wholly owns the Otso Gold Mine near the town of Raahe in Finland. The mine is fully built, fully permitted, has all infrastructure in place, two open pits and is progressing towards a restart at 2 million tonnes per annum throughput.

Silver One commences drilling at Cherokee Project in Nevada

holdings. The current drilling will test rich silver-copper-gold epithermal vein targets, both along-strike and to depth, on patented claims overlying the past producing Cherokee and Southeast Cherokee historic workings. Additional drilling of veins and targets outside patented land, but still within the company’s claims, is planned for 2022 following environmental permitting. Surface sampling along the Cherokee vein system has returned multiple select surface samples in the 100’s g/t silver range, with highs of 954 g/t silver and 4.8% copper at Cherokee, and 1,163 g/t silver and 4.3% copper with strongly elevated gold on the Southeast Cherokee vein. These veins have been traced on the patented claims alone for over 1.75 km along strike and are known to extend off the patents to both the northwest and southeast.