お知らせ • Jan 14
Prince Silver Corp. Announces Assay Results from the First Five Holes from Its Ongoing 9,000-Metre Reverse Circulation Drill Program At the Prince Silver Project in Lincoln County, Nevada, Usa
Prince Silver Corp. announced assay results from the first five holes from its ongoing 9,000-metre reverse circulation ("RC") drill program at the Prince Silver Project in Lincoln County, Nevada, USA. RC Drill Hole Assay Highlights. PRC-26: 35 feet (10.7 metres) at 59.7 g/t Silver (Ag), 0.12 g/t Gold (Au), 10.97% Manganese (Mn), 1.04% Lead (Pb), and 2.07% Zinc (Zn). PRC-27. 25 feet (7.62 metres) at 166.70 g/t Ag, 0.31 g/t Au, 8.70% Mn, and 1.14% Zn; including 15 feet (4.57 metres) at 248.17 g/t Ag,0.52 g/t Au, 13.24% Mn, 0.96 % Pb and 1.55% Zn; and 35 feet (10.67 metres) at 36.79 g/t Ag, 5.67 g/t Au, and 1.44% Zn; including 25 feet (7.62 meters) at 51.50 g/t Ag, 7.73 g/t Au, and1.99% Zn. The initial five drill holes are the first assay results received by the Company for its 2025 - 2026 exploration program planning up to 30 RC drill holes. Select results are highlighted above and significant mineral intercepts are presented in more detail in Table 1 below and the drill hole locations are presented in Figure 1 below. To date, the company has completed 11 RC drill holes with the 12th drill hole initiated on January 9, 2026. Samples from mineralized intercepts in drill holes PRC-31 to PRC-36 were delivered to the laboratory in mid-December and their assay results expected in early February 2026. Historic and current drilling has encountered multiple gently dipping mineralized beds within a carbonate replacement deposit ("CRD") environment hosted by the Combined Minerals Bed and Pioche Shale rock formations. All mineralization encountered in the past and current drilling, is at depths shallower than 300 metres (1000 feet) and therefore, is potentially amenable to open pit mining, subject to further technical and economic evaluation. Assay results from the first five drill holes, completed in late 2025, as outlined in the highlights above and Table 1 below, demonstrate strong mineralization with three strategic metals, silver, gold and manganese, along with associated base metals. The Company is highly encouraged by the continuity, thickness, and strength of sliver, gold and manganese mineralization encountered in these initial drill holes. The Company has secured a second drill rig, which is expected to arrive on site mid-January, enabling increased drilling efficiency and an accelerated pace of exploration. The recently expanded drill program is designed to increase and upgrade historical mineralization and support an initial mineral resource estimate. The program is focused on near-surface mineralization and builds upon a substantial historical drill hole database. Exploration Target. Historical drilling at the Prince Project identified an exploration target (the "Exploration Target") as outlined in an independent historic report prepared following JORC guidelines (JORC standards for the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves) by OmniGeoX Exploration Consultants of Perth, Australia, based on historical surface and underground drilling. The report is titled "Prince Project Exploration Target", dated April 24, 2024, authored by Dr. Lachlan Rutherford and Michael Martin (OmniGeoX Exploration Consultants, 2024, Prince Project Exploration Target, Independent Report prepared for Prince Silver Corp.). The Exploration Target was based on 129 historic drill holes drilled through mineralized holes drilled through mineralized mineralization and is expected to be successful in verifying the range of tonnes and grades outlined in the Exploration Target.