Silver One Extends Known Mineralized Trend Over 2,600 m Along-strike at Peñasco Quemado, Sonora State, Mexico A Separate Newly Discovered Large Anomalous Area Has Also Been Identified

VANCOUVER, BRITISH COLUMBIA – Silver One Resource Inc. (Symbol: TSX-V: SVE / FSE: BRK1 / OTC: SLVRF) (“Silver One” or the “Company) has completed geochemical soil surveys on its wholly owned Peñasco Quemado (“PQ”) and La Frazada silver properties in Mexico.

At Peñasco Quemado, the results outline two main target areas.  The first is a 3,000 meter long and 300 meter wide linear zone, characterized by strongly anomalous zinc, lead, barium and manganese, with values up to 3500 ppm zinc and 800 ppm lead.  This zone contains, at its northwestern end, the previously reported (News Release of September 27, 2016) 9.63 million ounce silver Historic Measured and Indicated Resource in association with manganese and barium oxide replacement of a shallow westward dipping conglomeratic horizon.  The length of the potentially mineralized system has now been expanded from the 450 meter long Historic Resource area to over 3,000 meters.   The second anomalous area is a new, as yet unexplored and un-drilled, 2,000 meter by 1,500 meter target located in the western side of the property.

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