Metalsource Mining Commences 1,600-Meter Drill Program at Silver Hill and Byrd-Pilot Projects

Executive Summary

• Metalsource Mining announced the launch of a 1,600‑meter diamond drilling program across its Silver Hill and Byrd‑Pilot properties in North Carolina.
• The Phase‑1 program will validate historic mineralization at Byrd‑Pilot while testing down‑dip and lateral extensions at Silver Hill, with results to be released as they become available.
• An accompanying Magnetotelluric (MT) geophysical survey is being conducted by Durango Geophysics to enhance subsurface targeting.

Key Details

• Program Scope: 1,600 m of diamond drilling across two targets – Silver Hill and Byrd‑Pilot.
• Drilling Contractor: Boart Longyear; operations expected through Q1 2026.
• Byrd‑Pilot Objective: Twin and validate historic drill intercepts using modern QA/QC protocols.
• Silver Hill Objective: Test down‑dip extensions and southern expansion of known mineralization; aim to identify the upper projection of the Silver Hill zone (≈120 m up‑dip extension).
• Geophysical Support: Parallel MT survey by Durango Geophysics for subsurface characterization and drill targeting.
• Infrastructure: Multiple drill sites prepared with improved access and infrastructure for efficient execution.
• Assay Process: Core will be logged on site; samples sent to laboratory for assay, with results released as they become available.
• Historical Highlights – Silver Hill: Historic mineralization extends ~550 m from surface; recent surface sample SH25‑003 returned 444 g/t Ag, 17.7 g/t Au, 8.61 % Pb, 0.507 % Zn.
• Historical Highlights – Byrd‑Pilot: Early USGS work indicated potential porphyry gold‑copper system; broad gold mineralization identified in soils, trenches, and shallow RC drilling; no recent drilling of the Meridian discovery zone since the 1980s.
• Qualified Person: Technical information reviewed by Rory Kutluoglu, P.Geo., QP under NI 43‑101.

Notable Quotes

“We're excited to begin this well‑planned drill campaign,” said Joe Cullen, CEO of Metalsource Mining. “The program is strategically designed to advance both properties simultaneously — validating historic results at Byrd‑Pilot while aggressively testing high‑priority expansion targets at Silver Hill.”