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Prince Reports 27.43 Metres Grading 93.7 g/t Silver, 12.0% Mn, 2.29% Pb and 2.48% Zn at Its Prince Silver Project in Nevada;

Prince Silver Advances Nevada Project with High-Grade Polymetallic Intercepts

By The Northwire Desk — AI Analysis May 19, 2026 · 08:01 PRNC · 0.73 Prince Silver Corp.

Executive Summary

Prince Silver Corp. announced additional assay results from its ongoing 9,000-metre reverse circulation (RC) drilling program at the Prince Silver Project in Nevada on May 19, 2026.
Key intercepts include Hole PRC-45 with 27.43 metres grading 93.7 g/t Ag, 12.0% Mn, 2.29% Pb, and 2.48% Zn; and Hole PRC-46 returning a significant gold intercept of 10.67 metres grading 1.36 g/t Au alongside silver.
The company has mobilized a third RC drill rig to accelerate the program toward a maiden NI 43-101 resource estimate targeted for end of 2026.
Incentive securities were granted: 230,000 options at $0.73 per share and 3.2 million RSUs/DSUs to employees and advisors.
This follows the May 14, 2026 upgrade to OTCQX Best Market trading under symbol PRNCF.

Material Impact

The news is consistent with previous high-grade drill results released in January (1,331 g/t Ag) and March (230 g/t Ag), validating the historical exploration target of 25-43 Mt.
While positive, it does not constitute a resource estimate release or a discovery outside the known trend; therefore, it is incremental rather than transformative.
The inclusion of gold in Hole PRC-46 reinforces the polymetallic nature but remains within expected parameters for the district-scale project.
Mobilization of a third rig indicates management confidence and operational momentum, supporting the timeline for the 2026 resource estimate.
Dilution from incentive securities (options/RSUs) is noted but standard for exploration-stage companies to retain talent; not immediately material compared to equity financing dilution.

PRNC · Price

Company Overview

Company: Prince Silver Corp., trading on CSE (PRNC) and OTCQX (PRNCF).
Flagship Project: Prince Silver Project in Lincoln County, Nevada (Pioche Mining District).
Project Type: Polymetallic Carbonate Replacement Deposit (CRD) system featuring silver, gold, manganese, lead, and zinc.
Land Position: Approximately 656 acres staked recently, doubling the land position along the Great Western Fault corridor; also holds Stampede Gap Project (27 km² porphyry copper-gold-molybdenum).
Jurisdiction: Nevada, USA, a premier mining jurisdiction with established infrastructure.

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