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 Silver Intersects 2.41 g/t Gold and 68.5 g/t Silver Over 15.24 Metres; Expands Ongoing Drill Program at the Prince Silver Project in Nevada

Prince Silver's Polymetallic Nevada Project Gains Gold Traction as Drilling Expands Ahead of 2026 Resource Estimate

Executive Summary
  • Prince Silver Corp. released assay results from five additional drill holes from its ongoing 9,000-metre reverse-circulation (RC) program at the Prince Silver Project in Nevada.
  • Hole PRC-44 returned a significant interval of 15.24m grading 2.41 g/t Au, 68.5 g/t Ag, 0.63% Mn, 1.98% Pb, and 0.66% Zn.
  • Additional holes (PRC-47, 48, 50) continue to show high-grade silver, manganese, lead, and zinc mineralization.
  • Management confirmed that 25 of the initial 30 holes have returned assay results.
  • The company plans to expand the drill program by a minimum of 10 additional holes to test step-out targets and increase drilling density.
  • A maiden NI 43-101 compliant mineral resource estimate is targeted for completion by year-end 2026.
  • QA/QC protocols remain robust, with samples analyzed by an ISO-accredited laboratory following CIM/AusIMM standards.
Material Impact
  • The release confirms the scale, continuity, and polymetallic nature of the Prince Silver Project, with gold emerging as a meaningful secondary component alongside silver, lead, zinc, and manganese.
  • This is an incremental exploration update that validates the geological model and supports the path toward the maiden resource estimate.
  • It does not trigger a fundamental re-rating, major financing event, or strategic transaction.
  • Given the consistent positive drill results over the past six months, the market likely anticipated continued progress. The news reinforces the thesis but does not introduce genuinely new, unexpected catalysts.
  • The stock is currently trading near multi-month lows, suggesting that exploration-stage volatility and broader market sentiment are outweighing incremental positive assay data.
PRNC · Price
Company Overview
  • Prince Silver Corp. is a Nevada-based exploration company focused on the Prince Silver Project, a polymetallic system featuring silver, gold, manganese, lead, and zinc.
  • The project is located in the historic Pioche Mining District and targets near-surface, open-pit-able carbonate replacement and sediment-hosted mineralization.
  • Management has expanded the land position to control the majority of the prospective Great Western Fault corridor.
  • The company also holds an interest in the Stampede Gap Project, a district-scale copper-gold-molybdenum porphyry system.
  • The primary near-term objective is to deliver a maiden NI 43-101 resource estimate by the end of 2026.
Read the original news release →

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