Northwire Canada EditionSaturday, October 31, 2026
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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

Metalsource Mining Intersects 48.04 g/t AuEq over 12.62m, Including 210.72 g/t AuEq over 2.74m, Extends Mineralization down Dip 195m, Continues to Expand Gold, Silver and Base Metal Mineralization

By The Northwire Desk — AI Analysis Apr 13, 2026 · 19:16 MSM · 1.6 Metalsource Mining Inc.
MSM · Price

Executive Summary

  • Metalsource Mining announced high-grade assay results from the Silver Hill Project in North Carolina, specifically highlighting "transformational" results from hole SH26-07.
  • The drilling demonstrates a dip length extension of 195 meters below surface, suggesting the system strengthens with depth.
  • Exploration indicates significant upside with host rocks extending at least 1.5km to the north and an ongoing property-wide geophysical survey.

Key Details

  • Drill Hole SH26-07 Results:
    • Total Intercept: 12.62m @ 48.04 g/t AuEq (from 129.91m to 142.52m).
    • High-grade interval 1: 6.95m @ 85.4 g/t AuEq.
    • High-grade interval 2: 2.74m @ 210.72 g/t AuEq.
    • Full assay for main intercept (12.62m): 46.54 g/t Au, 42.32 g/t Ag, 1.39% Pb, 3.26% Zn, and 0.12% Cu.
  • Drill Hole SH26-05 Results:
    • Intercept: 0.91m @ 14.85 g/t AuEq (from 116.10m to 117.01m).
    • Full assay for intercept: 2.16 g/t Au, 241.00 g/t Ag, 16.55% Pb, 34.62% Zn, and 0.22% Cu.
  • Geological & Operational Updates:
    • Mineralization consists of widespread massive to semi-massive sphalerite-galena-pyrite-chalcopyrite +/- electrum.
    • Reconnaissance indicates host rocks continue at least 1.5km to the north.
    • A property-wide ground Induced polarization (IP) and Magnetotellurics (MT) geophysical survey is in its final stages.
  • Project Specifications (Silver Hill):
    • Location: Davidson County, North Carolina (~15km south of Lexington).
    • Property Size: 1,225 acres.
    • Known mineralization depth: Currently known to extend to 550m from surface in steeply trending lenses.

Notable Quotes

  • Joe Cullen, CEO: "SH26-07 is a transformational result for Metalsource Mining... confirming that Silver Hill is not a near-surface anomaly. It is a high-grade system that strengthens dramatically with depth."
Read the original news release →

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