Prince Silver to Expand and Accelerate Drilling Program at the Prince Silver Mine
Accessnewswire·2025-12-30 14:35

Core Viewpoint - Prince Silver Corp. is expanding its drilling program at the Prince Silver Mine Project due to positive results from ongoing reverse circulation drilling, indicating favorable mineralization and potential for open-pit mining [1][2][4]. Drilling Program - The company has increased its planned drilling from 21,000 feet (~6,400 meters) to over 30,000 feet (~9,100 meters) and will add a second drill rig to accelerate the drilling process [1]. - Current drilling focuses on evaluating near-surface carbonate replacement silver-gold-manganese and base-metal mineralization, as well as sediment-hosted gold-silver zones within a 3,500-foot (~1,070-meter) structural corridor [2]. Assay Results - The first batch of assay results for the ten completed drill holes is expected in January 2026, which will provide insights into the scale and continuity of mineralization [3]. Exploration Target - Historical drilling identified an exploration target of approximately 25-43 million tonnes with grades of 1.44-1.57% Zn, 0.78-0.87% Pb, 0.28-0.40 g/t Au, 37-40 g/t Ag, and 3.62-4.30% Mn [5]. - The exploration target is based on 129 historic drill holes and is conceptual in nature, not yet defined as a mineral resource under National Instrument 43-101 [7]. Annual General Meeting - Prince Silver Corp. held its annual general meeting on December 23, 2025, where shareholders approved all matters presented, including the election of directors and the re-appointment of the auditor [8][9]. Company Overview - Prince Silver Corp. is focused on advancing its flagship Prince Silver Project in Nevada, which features a near-surface deposit that remains open in all directions [10].