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WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

METALSOURCE MINING ANNOUNCES DRILLING CONTRACT

By The Northwire Desk — AI Analysis Nov 17, 2025 · 04:00 MSM · 0.41 Metalsource Mining Inc.
MSM · Price

Executive Summary

  • MetalSource Mining Corp. has entered into a drilling contract with Boart Longyear, which will commence in the first week of December on its flagship Silver Hill and Byrd‑Pilot projects in North Carolina.
  • The agreement mandates a minimum of 2,000 m of core drilling to test high‑priority target zones identified through prior mapping, sampling, geophysical work, and historic data.
  • Recent surface sampling at Silver Hill returned notable grades (e.g., 444 g/t Ag, 17.7 g/t Au), underscoring the exploration potential of both projects.

Key Details

  • Contractor: Boart Longyear – will mobilize to Silver Hill & Byrd‑Pilot properties in early December.
  • Drilling Commitment: Minimum 2,000 m of core drilling focused on high‑priority targets selected via integrated geological work.
  • Silver Hill Project (Davidson County, NC):
  • 1,128 acre property within the Carolina Terrane; historic drill database and underground mapping available.
  • Known mineralization extends to ~550 m depth in steeply trending lenses, open in multiple directions.
  • Recent surface sample SH25‑003: 444 g/t Ag, 17.7 g/t Au, 8.61 % Pb, 0.507 % Zn.
  • Byrd‑Pilot Mountain Project (central NC):
  • Early USGS work indicated potential porphyry gold‑copper system; broad gold mineralization documented in soils, trenches, and shallow RC drilling.
  • Geology shows intense quartz‑sericite‑pyrite alteration with high‑sulfidation signatures, similar to nearby large deposits (Haile, Brewer).
  • No recent drilling on the Meridian discovery zone since the 1980s, presenting an opportunity for resource expansion.
  • Qualified Person: Rory Kutluoglu, P.Geo., reviewed and prepared all scientific/technical information per NI 43‑101 standards.

Notable Quotes

“Securing Boart Longyear for our inaugural drill program is an important milestone for MetalSource. Their experience and technical capabilities make them an excellent fit for this project. We are extremely excited to begin testing these priority targets, and we look forward to updating shareholders once the drill crew arrives on site and drilling is ready to commence.” – Joe Cullen, CEO, MetalSource Mining Corp.

Read the original news release →

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Drill Results