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Trinity One Metals Provides Operations Update on Silver-1 Mine and Victory Project

Trinity One advances silver-1 tailings sampling and Mongolia drilling while maintaining a steady capital base.

By The Northwire Desk — AI Analysis Jun 10, 2026 · 08:31 TOM · 0.16 Trinity One Metals Ltd.

Executive Summary

Trinity One Metals provided an operations update on its Silver-1 Mine in Ecuador and Victory Project in Mongolia.
Initial tailings sampling at Silver-1 returned high-grade results: Sample 1 at 118.47 g/t Ag, 0.50 g/t Au, 0.17% Pb, 1.97% Zn; Sample 2 at 132.82 g/t Ag, 0.58 g/t Au, 0.16% Pb, 1.87% Zn.
Waste rock assays also showed elevated grades, with Sample S1-R007-A returning 405.27 g/t Ag, 3.07 g/t Au, 0.08% Cu, 2.35% Pb, 4.32% Zn.
A 3D mapping program was completed to establish a modern base map for future exploration.
The company is preparing a systematic 15m x 15m tailings drilling program (~35 sampling points, ~350 samples) expected to commence in July 2026 to define thickness, grade distribution, and potential tonnage.
At the Victory Project in Mongolia, a 600-metre diamond drilling campaign across three holes was completed. Core has been logged, sampled, and submitted for assay results.
Community engagement in Ecuador is targeting completion by end of June 2026, with discussions underway for a fixed local presence and technical collaboration with Universidad del Azuay.
Management emphasized the transition from historical review to modern field execution, noting the initial results are broadly consistent with historical 2007 sampling data.

Material Impact

The news is a direct follow-up to the February 2026 acquisition of Silver-1 and the March 2026 $5.34M financing. It confirms management is executing the planned exploration agenda as outlined in prior releases.
The tailings assays are encouraging but explicitly noted as preliminary and from a limited sample set. They do not constitute a mineral resource or reserve, nor do they change the fundamental risk profile of the asset.
The Victory Project drilling completion is routine progress. Assay results are pending and will be the next material catalyst.
The update is in line with previous expectations and does not contain unexpected, market-moving information. It validates capital deployment but does not de-risk the project to the point of material valuation change.

TOM · Price

Company Overview

Trinity One Metals is a junior exploration company focused on precious and base metal projects in Ecuador, Mongolia, and Australia.
Flagship Project: Silver-1 Mine, Ecuador. A past-producing high-grade silver-lead-zinc vein system. Acquired in February 2026 for US$540,000 cash plus 5,000,000 common shares.
Historical data (1969-1994) suggests an exploration target of 0.20-0.70 Mt grading 15-25 oz/tonne Ag, 2.2-3.6% Zn, 0.9-1.4% Pb. This is not NI 43-101 compliant and requires modern verification.
Other assets include the Victory Copper Project in Mongolia and the Gawler and Western Wood projects in Australia.
The company is in the early exploration stage with no revenue, no established mineral resources, and no production history beyond historical operations.

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