Silver Dollar Resources Inc. provided an update on its new target development work at the underexplored Noria portion of the La Joya Silver Project located in the state of Durango, Mexico. Geological mapping has now been completed to cover all of the Coloradito-Noria ground at a 1:1,000 scale. A total of 125 rock samples were collected from outcrop and rock dumps and submitted to the lab for analysis.

Results for all samples have now been received, 79 sample assays were previously reported, and the balance of the sample results are reported herein. The mapping and sampling program has identified five mineralized areas: the Verde and El Hueco areas were partially drilled by a previous operator, and the Dyke North, Dyke South, and South-East areas have never been drill tested. A summary of each area follows: Verde Area: Verde is a historical surface occurrence with visible copper mineralization and where three historical holes were drilled at 045° (LJ-DD-11-11, 12 & 13).

The best assay results from this area were chip sample #120 that returned 415 grams per tonne (g/t) silver equivalent (AgEQ) over 0.3 metres (m), and chip sample #121 that returned 1,218 g/t AgEQ over 0.3 m. Both samples strike north and north-northwest dipping to the west. Historical hole LJ-DD-11-11 was collared near these samples but missed the surface mineralization as it was targeting a deeper area. A better understanding of this structure down dip to the west and its relation to the nearby "Dique Viejo" dyke, could provide better guidance to justify follow-up drilling of this target.

El Hueco Area: Hueco Grande is a significant historical working on a structure with a true width of at approximately 3 m wide and mined to a depth of 15 m. Grab sample #16 was a composite sample taken over 5 m of dump material that assayed 391 g/t AgEQ. Assuming safe access into the workings can be established, proper mapping and sampling will be done. The extension of these workings could be targeted from an existing drill pad 55 m to the northeast.

Dyke North Area: Dyke North mineralization is located within and around the northern extension of the Central Dyke Zone. Here mineralization has been identified in three parallel zones: within the dyke, 70 m to the east of the dyke in the foot wall, and 20 m to the west in the hanging wall. The North Hanging Wall is defined by a series of small pits over a 105 m strike length where six samples assayed 474 g/t AgEQ (dump #91), 148 g/t AgEQ over 1.5 m (chip #92), 82 g/t AgEQ over 0.6 m (chip #93), 96 g/t AgEQ over 1 m (chip #90), 113 g/t AgEQ (dump #24), and 50 g/t AgEQ over 0.6 m (chip #25).

These pits all have poor and sloughed-in conditions that will be investigated further. Mineralization within the intrusive dyke has been identified in dumps and an outcrop where a dump material sample (#80) assayed 267 g/t AgEQ, and a 0.3 m chip sample (#81) assayed 53 g/t AgEQ. Gold is elevated within the intrusive with a high of 1.88 g/t Au in sample #80.

Again, exposure is limited here that will be followed up. At the North Foot Wall, there are three pits over approximately 50 m paralleling the dyke where grab sample #83 assayed 46 g/t AgEQ, chip sample #82 assayed 453 g/t AgEQ over 1.7 m and grab sample #23 assayed 682 g/t AgEQ. These showings are 400 m north of and on strike with Hueco Grande, with samples from three showings in between returning assays of 518 g/t AgEQ (dump #85), 165 g/t AgEQ over 1.6 m (chip #84), and 73 g/t AgEQ over 2 m (chip #22).

Dyke South Area: In the South Dyke area there is the southward extension of the mineralized trace from Hueco Grande 350 m to the north. Chip sample #35 was taken from a small working and assayed 305 g/t AgEQ over 1.8 m. The "South Dyke Au Zone" is defined by six grab samples (#42 through #47) that returned assays of 0.40, 0.26, 0.35, 0.85, 0.56, and 0.31 g/t Au, respectively, over a 25 x 25 m area. These occur within three east-west trending shear zones exposed in a series of low-lying outcrops Further mapping and trenching are recommended.

South-East Area: The "South-East" area consists of two parallel structures approximately 100 m apart. The eastern structure is poorly exposed, with the best result coming from a chip sample (#78) that assayed 401 g/t AgEQ over 0.8 m The western structure is defined by two collapsed prospect pits with no exposed outcrop. Hand and/or backhoe trenching across both structures could improve the understanding of this area.