Metalsource Mining adds 97.6 acres to Silver Hill

Executive Summary

• Metalsource Mining Inc. has expanded its Silver Hill project land package by optioning two new properties (Hinkle lands and Adkins tract) from Goldstrike Minerals LLC, bringing the total project area to 512.21 acres.
• The expansion targets areas along the interpreted mineralized trend and adjacent to central mineralized zones, strengthening the company's position in a mining-friendly jurisdiction (Davidson County, NC).
• Recent surface sampling results highlight high-grade potential, with sample SH25-003 returning 444 g/t Ag, 17.7 g/t Au, 8.61% Pb, and 0.507% Zn.

Key Details

• Land Expansion Details:
  • Hinkle Lands: 85.5 acres; located along strike of the Silver Hill mineralized trend and aligned with a previously identified Cyprus IP anomaly.
  • Adkins Tract: 12.07 acres; located immediately east of and adjacent to the central mineralized zones at Silver Hill.
  • Total Project Size: Expanded to 512.21 acres.
• Transaction Terms:
  • Properties are held under five-year exploration licences with an option to purchase, renewable annually.
  • Licences acquired via an option agreement with Goldstrike Minerals LLC.
  • Metalsource retains flexibility to drop either property at any time.
  • Company has immediate access and full exploration rights.
• Project Geology & History:
  • Located in the Carolina terrane (underlain by volcaniclastic and volcano-sedimentary rocks of Neoproterozoic and Cambrian age).
  • Recognized as America's first silver mine.
  • Mineralization extends to 550 metres from surface in steeply trending lenses, open in multiple directions.
  • Extensive historic data set available, including drill holes, underground mapping, and chip samples.
• Recent Sampling Results:
  • Sample SH25-003: 444 grams per tonne silver, 17.7 grams per tonne gold, 8.61 per cent lead, and 0.507 per cent zinc.
• Technical Oversight:
  • Scientific and technical information reviewed by Rory Kutluoglu, PGeo, a qualified person under National Instrument 43-101.

Notable Quotes

• Joe Cullen, Chief Executive Officer: "This is an exciting step for Silver Hill. Expanding the land package in these key areas gives us the room we need to evaluate the system as drilling and geophysics continue to deliver new insights."