Northwire Canada EditionSunday, September 20, 2026
Northwire
GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
Drill Results Routine +

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.

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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