Northwire Canada EditionSaturday, October 31, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

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

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.
Read the original news release →

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