MetalSource Mining Announces Strategic Land Expansion at Silverhill Project

Executive Summary
- MetalSource Mining Inc. added two adjacent properties (85.5 acres and 12.07 acres) to its Silver Hill exploration land package, increasing total acreage to 512.21 acres.
- The new lands are held under five‑year Exploration Licenses with annual renewal options and can be dropped at any time.
- Expansion provides additional access along the mineralized trend and adjacent zones, supporting ongoing drilling and geophysical programs.
Key Details
- Properties Added:
- The Hinkle Lands – 85.5 acres; located on strike of the Silver Hill mineralized trend and aligned with a previously identified Cyprus IP anomaly.
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The Adkins Tract – 12.07 acres; situated immediately east of, and adjacent to, the central mineralized zones at Silver Hill.
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Total Project Coverage: Expanded to 512.21 acres (from prior ~426 acres).
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License Terms: Five‑year Exploration Licenses with Option to Purchase; renewable annually; MetalSource may relinquish either property at any time.
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Strategic Rationale:
- Extends coverage along interpreted mineralized trends and across geologically prospective areas.
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Enhances flexibility for future drilling and geophysical surveys.
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Project Context:
- Silver Hill is located on private land in Davidson County, North Carolina – a mining‑friendly jurisdiction and the site of America’s first silver mine.
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Ongoing modern exploration techniques include diamond drilling and geophysical surveys.
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Recent Exploration Highlight: Surface sample SH25‑003 returned 444 g/t Ag, 17.7 g/t Au, 8.61 % Pb, and 0.507 % Zn.
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Qualified Person Review: Technical information reviewed by Rory Kutluoglu, P.Geo., QP (NI 43‑101).
Notable Quotes
“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.” – Joe Cullen, CEO