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17.01.26 - 00:00
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Grafton Resources Announces Letter of Intent to Acquire Silver One Project in Chile (The Newswire)
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Vancouver, British Columbia – January 16, 2026 – TheNewswire - Grafton Resources (CSE:GFT; OTCQB: PMSXF) ("Grafton Resources" or the "Company") is pleased to announce that the Company has entered into a non-binding letter of intent (the “LOI”) with Asesorias e Inversiones Sol SpA (the “Vendor”) pursuant to which the Company proposes to acquire a direct 100% interest in the Silver One project (“Silver One” or the “Project”) located in Chile (the “Proposed Acquisition”).
Highlights
Potentially high-grade silver-copper veins as waste dump vein material averages 296 g/t Ag and 2.6% Cu
Historic mining district hosts many Au-Ag-Cu epithermal vein systems
Silver One Project hosts an undrilled and open-ended mineralizing system
Campbell Smyth, Chairman, commented: “Silver One offers the opportunity to explore a high-grade silver-copper target that is uniquely well suited for development. The project is located in a well-established mining area and Silver One...
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