Americore Resources Corp. Updates Progress on the Trinity Silver Project, Expands Strategic Land Position

Rhea-AI Summary

Americore Resources Corp. (OTCQB: AMCOF) updated progress on its Trinity Silver Project in Pershing County, Nevada, and expanded its district footprint by ~1,400 acres (70 unpatented claims), bringing total contiguous control to ~21,870 acres that include patented Newmont fee ground and leasehold concessions.

Key planned work: digitize historic datasets, AI 3D structural modelling, twinned confirmation drilling and auger testing of historic stockpiles, target refinement across newly staked Seka corridors, and a targeted NI 43-101 mineral resource by Q2 2026 with preliminary modelling in Q1 2026. Historic 1987–88 production totaled ~1,085,790 tons at 6.32 oz/ton Ag (~5 Moz recovered).

Positive

• Land position expanded by 1,400 acres (70 claims)
• Total contiguous 21,870 acres under control
• Historic production: ~5 million oz Ag recovered (1987–88)
• Targeting NI 43-101 Mineral Resource by Q2 2026

Negative

• Historic data are unverified and not current resource certainty
• Planned NI 43-101 target is a timeline goal, not guaranteed
• Exploration relies on stockpile testing and reinterpretation to validate opportunity

News Market Reaction

+27.14%

1 alert

+27.14% News Effect

On the day this news was published, AMCOF gained 27.14%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Newly staked land: 1,400 acres New mining claims: 70 unpatented mining claims Total land control: 21,870 acres +5 more

8 metrics

Newly staked land 1,400 acres New unpatented claims at Trinity Silver Project

New mining claims 70 unpatented mining claims Directly staked claims expanding Trinity footprint

Total land control 21,870 acres Contiguous land position at Trinity Silver Project

Historic production distance 23 miles Distance from Trinity Silver Project to Lovelock, Nevada

Historic mined tons 1,085,790 tons Silver-oxide material mined 1987–1988 at Trinity

Historic grade 6.32 oz/ton Ag Average silver grade of 1987–1988 production

Historic silver output 5 million ounces Approximate silver produced via open-pit, heap-leach operations

Target resource timing Q2 2026 Target date for NI 43-101 Mineral Resource estimate

Market Reality Check

Price: $0.4378 Vol: Pre-news volume of 99,524...

low vol

$0.4378 Last Close

Volume Pre-news volume of 99,524 shares is below the 20-day average of 145,687, indicating muted trading ahead of the update. low

Technical Price at $0.4224 is above the 200-day MA of $0.32, but sits below the 52-week high of $0.60.

Historical Context

2 past events · Latest: Dec 04 (Positive)

Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Land expansion news	Positive	+26.9%	Expansion of Trinity land position and tripling of historic resource base.
Dec 01	Project progress update	Positive	+27.1%	Trinity progress update, land expansion and plan for NI 43-101 resource.

Pattern Detected

Recent project expansion and resource-related news on Trinity Silver has coincided with strong positive price reactions, suggesting investors have responded favorably to consolidation and resource-scale updates.

Recent Company History

Over late 2025, Americore focused on consolidating and advancing the Trinity Silver Project. The Dec 1 update detailed a land expansion to ~21,870 acres plus plans for AI-assisted modelling, confirmation drilling, and a targeted NI 43-101 resource by Q2 2026. A later Dec 4 release further expanded the footprint to ~22,700 acres and cited >36 million oz historic silver-equivalent resources. Both releases saw strong positive 24-hour price reactions above 26%.

Market Pulse Summary

The stock surged +27.1% in the session following this news. A strong positive reaction aligns with p...

Analysis

The stock surged +27.1% in the session following this news. A strong positive reaction aligns with prior Trinity-related news, where land consolidation and resource-focused updates previously saw 24-hour gains above 26%. Investors have responded to clear timelines, such as the targeted Q2 2026 NI 43-101 estimate and modern AI-driven modelling plans. However, the stock already traded well above its $0.32 200-day MA, so any sharp upside could face profit-taking if expectations or future drilling results disappoint.

Key Terms

unpatented mining claims, leach pad, AI-assisted 3D structural and mineralization modelling, drill strategy, +4 more

8 terms

unpatented mining claims regulatory

"approximately 1,400 acres (70 unpatented mining claims) acquired through direct staking"

A claim to minerals on public land where the holder has the right to explore and extract resources but does not own the surface or the underlying land title. Like renting a plot to dig for treasure while the government still owns the ground, these claims give producers potential access to valuable ore but carry extra risks — they can require permits, be contested or lost, and often complicate financing and company valuation for investors.

leach pad technical

"which may support future leach pad testing and pilot-scale evaluation programs"

A leach pad is a large, engineered liner and gravel surface where crushed ore is piled and a liquid solution is applied to dissolve valuable metals so they can be collected and processed. Think of it like a giant, controlled tea bag: the liquid extracts the target metals as it percolates through the pile. Investors care because pad design, recovery rates, operating costs, environmental controls and closure liabilities directly affect a mining operation’s productivity, costs and regulatory risk.

AI-assisted 3D structural and mineralization modelling technical

"AI-assisted 3D structural and mineralization modelling to refine and test historic trend"

A method that uses artificial intelligence to build three-dimensional maps of underground rock formations and where minerals are likely concentrated. Think of it as combining many soil tests, drill holes and sensor readings into a 3D medical scan of the ground: it helps investors by improving the precision of resource estimates, sharpening drill targets, speeding exploration decisions and reducing the uncertainty and cost around whether a deposit is worth developing.

drill strategy technical

"A confirmation-based drill strategy including the twinning of select historic holes"

A drill strategy is a planned program for where, how deep and in what order a company will drill holes to test for resources like minerals, oil or gas. For investors it matters because the strategy shapes the chances of a discovery, the timeline and the costs — similar to a search plan that decides which rooms to check first when hunting for a hidden object, influencing both risk and potential reward.

NI 43-101 Mineral Resource regulatory

"A targeted goal of delivering a current NI 43-101 Mineral Resource estimate by Q2 2026"

A NI 43-101 mineral resource is a regulated, written estimate of how much metal or mineral is in the ground at a mining property, prepared under Canadian rules and verified by a qualified geologist or engineer. For investors it acts like an independently checked map and recipe — clarifying the size, quality and confidence level of the deposit so buyers and shareholders can compare projects and judge risk more reliably.

open-pit, heap-leach operations technical

"producing approximately 5 million ounces of silver via open-pit, heap-leach operations"

A large surface mine where rock is removed from the ground and the broken ore is piled into heaps that are soaked with a chemical solution to pull metals out, like squeezing juice from a stack of fruit. Investors care because this method is generally cheaper and easier to scale than underground mining, but it can yield lower recovery rates and carries environmental, permitting and cleanup risks that affect costs and production timelines.

Qualified Person regulatory

"who is a Qualified Person under NI 43-101"

A qualified person is someone with specialized knowledge, experience, and training in a particular field, allowing them to accurately assess and verify information or work. Their expertise helps ensure that reports, evaluations, or decisions are trustworthy and meet required standards. For investors, a qualified person provides confidence that the information they rely on is credible and properly validated.

heap-leach technical

"producing approximately 5 million ounces of silver via open-pit, heap-leach operations"

Heap leach is a mining method that extracts metals (often gold, copper or silver) by stacking crushed ore on a lined pad and trickling a chemical solution through it so dissolved metals can be collected and processed—like steeping tea to pull flavor from leaves. Investors care because heap leaching typically lowers upfront costs and boosts recoverable output but also brings variable recovery rates, capital needs, and environmental or permitting risks that affect a mine’s profitability and schedule.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Americore Resources Corp. (TSXV: AMCO) (FSE: 5GP) (OTCQB: AMCOF) ("Americore" or the "Company") is pleased to deliver a progress update on the Company's flagship Trinity Silver Project, located in Pershing County, Nevada, and to announce a significant expansion of its land footprint through newly staked claims.

Americore has strengthened its district-scale position with the addition of approximately 1,400 acres (70 unpatented mining claims) acquired through direct staking. The Company now controls approximately 21,870 acres of contiguous land spanning patented Newmont fee ground, leasehold concessions, and new targets on unpatented mining claims, reinforcing Americore's presence across a historically productive silver district with meaningful blue-sky exploration potential.

This expansion provides Americore with greater access to newly interpreted structural trends and conceptual silver-bearing corridors, including areas proximal to historic stockpiles where historic reports suggest additional mineralized opportunity which may support future leach pad testing and pilot-scale evaluation programs.

Upcoming Exploration Catalysts

Planned activities are designed to convert historic data, stockpile potential, and large contiguous land control into a modern, reinterpretative exploration framework. Key initiatives include:

• Full digitization and reinterpretation of substantial historic exploration datasets inherited from the Newmont acquisition lands;

• AI-assisted 3D structural and mineralization modelling to refine and test historic trend continuity, depth extensions, and potential pathway architecture;

• A confirmation-based drill strategy including the twinning of select historic holes and auger testing of the historic stockpiles to validate geological assumptions used in prior reporting;

• Target refinement across newly staked Seka corridors, which historic evidence suggests may introduce additional structural and mineralization complexity supportive of future resource work;

• A targeted goal of delivering a current NI 43-101 Mineral Resource estimate by Q2 2026, with preliminary modelling scheduled for completion in Q1 2026.

Project Credentials - Historic Scale + Modern Interpretation

The Trinity Silver Project lies just 23 miles northwest of Lovelock, Nevada, benefitting from year-round access, established permitting precedent, mining culture, and existing infrastructure, including power, logistics corridors, historical leach facilities, and major operator adjacency.

Between 1987 and 1988, U.S. Borax and its joint-venture partner mined 1,085,790 tons of silver-oxide material at an average grade of 6.32 oz/ton Ag, producing approximately 5 million ounces of silver via open-pit, heap-leach operations. These historic reports provide important geological context but should not be relied upon as current economic or resource certainty without further verification by the Company.

Management Commentary

Jeff Poloni, CEO of Americore, commented:

"The Trinity Silver district represents a rare combination of historic scale, missing modern modelling, and district-wide expansion runway. We are aggressively unlocking the value of decades of legacy exploration, integrating AI-driven structural modelling, and positioning Americore at the convergence of historic production credibility and modern geological interpretation. The land expansion materially broadens our target universe and sets the stage for an exciting 2026 with clear catalysts."

Qualified Person

The technical contents of this release have been reviewed and approved by Chris M. Healey, P.Geo., Chief Geologist and Director of Americore Resources Corp., who is a Qualified Person under NI 43-101.

About Americore Resources Corp.

Americore is a North American exploration and resource development company advancing the Trinity Silver Project in Nevada—a past-producing silver mine district with strong expansion potential. The Company is led by a team with deep experience across exploration discovery, resource delineation, commercial development, and capital markets execution.

CONTACT

Jeff Poloni

Chief Executive Officer

Email: jeff@americoreresources.com

Phone: 604-454-8874

The Company is listed on the TSX Venture Exchange.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding AMERICORE's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits AMERICORE will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including AMERICORE's inability to identify transactions having satisfactory terms or at all and the results of exploration or review of properties that AMERICORE does acquire. These forward-looking statements are made as of the date of this news release and AMERICORE assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276394

FAQ

What land expansion did Americore (AMCOF) announce for Trinity Silver on December 1, 2025?

Americore staked ~1,400 acres (70 unpatented claims), taking total contiguous control to ~21,870 acres.

What exploration activities will Americore (AMCOF) undertake at Trinity Silver in 2026?

Planned work includes digitizing historic data, AI 3D modelling, twinned confirmation drilling, auger stockpile testing, and target refinement.

When does Americore (AMCOF) expect a NI 43-101 mineral resource for Trinity Silver?

The company set a targeted goal to deliver a current NI 43-101 Mineral Resource by Q2 2026, with preliminary modelling in Q1 2026.

How much historic silver was produced on the Trinity project area?

Historic 1987–88 operations mined ~1,085,790 tons at 6.32 oz/ton Ag, producing about 5 million ounces of silver.

What is the purpose of Americore's stockpile auger testing at Trinity (AMCOF)?

Auger testing aims to validate historic stockpile mineralization and assess potential for leach-pad testing and pilot evaluation.

How does the new land position affect Americore's exploration scope for AMCOF?

The expanded footprint broadens access to newly interpreted structural trends and additional silver-bearing corridors for follow-up work.