Metalsource Mining Intersects 267 g/t AgEq over 18.17m and 237 g/t AgEq over 15.33m, while Identifying Expansive Envelope of Gold, Silver and Base Metal Mineralization
Executive Summary
- Metalsource Mining released first assay batch from drill holes SH25‑01 and SH25‑02 at the Silver Hill Project, revealing a broader mineralized envelope with significantly higher gold grades than previously documented.
- Notable high‑grade intercepts include 13.15 g/t Au over 1.74 m (SH25‑02) and multiple intervals exceeding 600 g/t AgEq.
- The results suggest previously unrecognized near‑surface mineralization, supporting the company’s exploration thesis and prompting further drilling to expand the trend.
Key Details
- Drill Hole SH25‑01:
- Interval 14.32–32.49 m (18.17 m) – 67.92 g/t Ag, 1.75 g/t Au, 0.10 % Cu, 3.06 % Pb, 1.04 % Zn, 267 g/t AgEq.
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Included higher‑grade sub‑intervals: 24.69–32.49 m (7.80 m) – 66.12 g/t Ag, 3.22 g/t Au, 0.14 % Cu, 3.58 % Pb, 0.87 % Zn, 383 g/t AgEq; and 24.69–27.43 m (2.74 m) – 139.89 g/t Ag, 4.75 g/t Au, 0.27 % Cu, 7.13 % Pb, 1.17 % Zn, 640 g/t AgEq.
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Drill Hole SH25‑02:
- Interval 14.23–29.57 m (15.33 m) – 33.22 g/t Ag, 2.09 g/t Au, 0.05 % Cu, 1.11 % Pb, 1.37 % Zn, 237 g/t AgEq.
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Included higher‑grade sub‑intervals: 24.66–29.57 m (4.91 m) – 61.47 g/t Ag, 5.71 g/t Au, 0.14 % Cu, 2.70 % Pb, 3.76 % Zn, 613 g/t AgEq; and 26.40–28.13 m (1.74 m) – 68.70 g/t Ag, 13.15 g/t Au, 0.08 % Cu, 2.92 % Pb, 0.47 % Zn, 1,155 g/t AgEq.
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Drilling depth reached ~150 m from surface, testing continuity down to the historic 550 m level of the Silver Hill Mine.
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Ongoing program will target strike extension and deeper plunge below the 1,000 m level.
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QA/QC: Certified reference materials, blanks, duplicates; core split with sealed bags; analysis by ALS Geochemistry (Reno, NV) and ALS Canada (Vancouver, BC) using ICP‑AES, ICP‑MS, and fire assay.
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Results are preliminary, based on geological logging; full laboratory assays pending.
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Qualified Person: Rory Kutluoglu, B.Sc., P.Geo., independent NI 43‑101 consultant.
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Ticker Change: OTCQB ticker updated from SFRIF to MSMMF.
Notable Quotes
“It’s great to see the geology and the mineralization proving our exploration thesis… we’re very excited to now see the continuity and high‑grade tenor, like the 1.74 m of 13.20 g/t Au we are seeing in SH25‑02.” – Joe Cullen, CEO, Metalsource Mining Inc.