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Metalsource Mining Hits High-Grade Gold Equivalent at Depth in North Carolina

Story Highlights
  • Metalsource Mining reported a deep, high-grade gold equivalent intercept at its Silver Hill Project, extending mineralization and confirming a strengthening system with depth.
  • Ongoing drilling, reconnaissance and property-wide geophysical surveys indicate significant upside and broader scale potential at Silver Hill, shaping Metalsource’s near-term exploration strategy.
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Metalsource Mining Hits High-Grade Gold Equivalent at Depth in North Carolina

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Silverfish Resources, Inc. ( (TSE:MSM) ) has shared an announcement.

Metalsource Mining Inc. reported high-grade assay results from ongoing drilling at its Silver Hill Project in North Carolina, highlighted by hole SH26-07, which intersected 12.62 meters grading 48.04 grams per tonne gold equivalent, including 2.74 meters at 210.72 grams per tonne. The intercept extends mineralization 195 meters down dip, confirms the presence of extensive massive to semi-massive sulfide mineralization at depth and along strike, and supports management’s view that Silver Hill is a robust, high-grade system that strengthens with depth.

The company is evaluating multiple mineralization styles and deposit models as reconnaissance work indicates the host rocks extend at least 1.5 kilometers north, providing significant exploration upside on the broader property. A nearly completed property-wide IP and MT geophysical survey, combined with visual confirmation of wide sulfide zones and an active drill program, is expected to guide near-term targeting and could materially enhance Metalsource’s understanding of Silver Hill’s scale and economic potential for stakeholders.

More about Silverfish Resources, Inc.

Metalsource Mining Inc. is a mineral exploration company focused on gold, silver and base metal targets, with its flagship Silver Hill Project located about 15 kilometers south of Lexington, North Carolina. The company is advancing this project through core drilling and geophysical surveys to evaluate high-grade, depth-extensive mineralized systems and expand its resource potential.

Average Trading Volume: 250,654

Technical Sentiment Signal: Buy

Current Market Cap: C$94.95M

Find detailed analytics on MSM stock on TipRanks’ Stock Analysis page.

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