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MetalSource Mining Update on Silver Hill Drilling and Video Release
TMX Newsfile· 2026-01-05 08:30
Core Insights - MetalSource Mining Inc. has resumed drilling activities at its Silver Hill Silver Project in North Carolina, with plans to expand the drilling program based on recent strategic investments [2][3]. Drilling Activities - The company has completed four drill holes totaling 614.38 meters and plans to drill a fifth hole targeting main mineralization [2]. - An initial drilling program of 1,400 meters has been planned, increased from the original 800 meters, to explore both historically known mineralization and newly identified targets [2]. - Samples from the drilling have been sent to ALS in Reno for analysis, with results expected soon [2]. Project Updates - The drilling at Silver Hill will continue for several weeks before the team moves to the Byrd-Pilot Gold-Silver Project, located approximately 45 kilometers away, where four to six additional drill holes are planned [4]. - The Silver Hill Project is situated in the Carolina Terrane and covers 1,128 acres, with historical mineralization extending to 550 meters from the surface [6]. - Recent surface sampling at Silver Hill yielded significant results, including 444 grams per ton (g/t) of silver, 17.7 g/t of gold, 8.61% lead, and 0.507% zinc [6]. Video Release - MetalSource has released educational videos to inform investors about its exploration activities and project portfolio, produced by Iximche Media and Shootday [5]. Geological Context - The Byrd-Pilot Mountain Project has been identified as potentially hosting a porphyry gold-copper system, with previous work indicating broad gold mineralization and significant geological features [7].