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Silverfish Resources, Inc. ( (TSE:MSM) ) has shared an announcement.
Metalsource Mining reported initial assay results from its ongoing drill program at the Silver Hill Project near Lexington, N.C., showing a much broader and higher-grade zone of gold, silver and base metal mineralization than historically documented. Two shallow holes intersected wide mineralized envelopes, including high-grade intervals up to 1,155 g/t silver equivalent, indicating significant unrecognized potential around historic workings.
The company said these results confirm its geological model, demonstrate strong gold continuity and suggest the mineralized system extends along strike and down plunge beyond previously mapped zones. Ongoing drilling aims to expand this emerging high-grade trend in multiple directions, with implications for a larger, more valuable resource base and potentially improved project economics for shareholders.
More about Silverfish Resources, Inc.
Metalsource Mining Inc. is a mineral exploration company focused on the Silver Hill Project in North Carolina, targeting gold, silver and base metal mineralization. The company is listed on the CSE, OTCQB and Frankfurt exchanges and is working to define and expand near-surface and deeper mineral resources at this historic mining area.
Average Trading Volume: 373,335
Technical Sentiment Signal: Buy
Current Market Cap: C$68.37M
See more insights into MSM stock on TipRanks’ Stock Analysis page.