Americore Resources Is Pleased to Provide a Corporate Update
Rhea-AI Summary
Americore Resources (OTCQB: AMCOF) provided a corporate update on February 9, 2026, for its 100%-owned Trinity Silver Project, Pershing County, Nevada. A 350 line-km drone magnetometer survey is complete and ~300 GB of historical data are under review.
Americore discovered five previously unreported 1985 U.S. Borax core holes with multi-interval silver assays; QA/QC for those historic assays is currently unverifiable and true widths are undetermined.
Positive
- Completed 350 line-km drone magnetometer survey
- Recovered ~300 GB of historical Trinity Project data
- Identified five previously unreported historic core holes
- Historic core intervals include high-grade silver assays (e.g., 145.98 g/t Ag)
Negative
- Historic assays unverifiable due to lack of QA/QC documentation
- True widths unknown because holes were drilled vertically
- One hole's top section mined out, affecting intercepts
News Market Reaction – AMCOF
On the day this news was published, AMCOF gained 2.09%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Americore Resources Corp. (TSXV: AMCO) (FSE: 5GP) (OTCQB: AMCOF) ("Americore" or the "Company") is pleased to provide an update on activities at its
Drone Magnetometer survey
All data have now been received for the recently completed drone-magnetometer survey. The survey was flown by Pioneer Exploration Consultants of Ottawa, ON. The magnetometer survey was designed to identify any and all structures within an approximate 6 kilometers of strike running in a SW-NE direction, with the Trinity open pit at its centre. The survey comprised approximately 350 line-km. A comprehensive review and interpretation of the data will now be undertaken.
Data Review and Compilation
Review and compilation of the approximately 300 gigabytes of data Americore received from the vendor of the Trinity Silver project continues. Of note, we have discovered data for five core holes drilled in and around the historic open pit which were never included in previously reported historical resource estimates, as reported in the Company's NI 43-101 Technical Report on the property (Technical Report on the Trinity Project, Pershing County, Nevada, authored by Jeffery Bickel, RESPEC, Reno NV, dated October 28, 2025). One of the holes was drilled in the area of what is now the open pit, and so the top portion of this hole has been mined (as noted in the table below).
These core holes were drilled by US Borax in 1985. At that time, the standard practise at Borax was to analyze all samples at their own U.S. Borax Research Corp (USBRC) facilities. Certification of assay laboratories is a relatively recent development, and Borax's drilling at Trinity took place before certification was widely used as an industry standard. The Qualified Person is not aware of any QA/QC program that was applied by Borax.
The holes were all drilled vertically. Since it is believed that the mineralization is structurally controlled, it is not possible to estimate true widths at this stage of our knowledge of the deposit.
Data Verification
The data for these core holes comprises hand written geological logs and print outs of depth intervals with silver values from USBRC. While it is the Qualified Person's belief that U.S Borax followed industry standards at the time of the drilling, the reader is cautioned that the Qualified Person has been unable to verify and validate the accuracy of these results from the available data.
Table of core hole locations in Trinity Pit area
| Hole ID | UTM coords | Collar elevation (ft) | Dip | Total depth (ft) | |
| Easting | northing | ||||
| SC-1 | 363539 | 4473234 | 5344.42 | -90 | 330 |
| SC-2 | 363145 | 4472930 | 5260.34 | -90 | 283 |
| SC-3 | 363572 | 4473313 | 5241.63 | -90 | 255 |
| SC-4 | 363494 | 4473185 | 5346.03 | -90 | 417 |
| SC-5 | 363604 | 4473234 | 5276.97 | -90 | 287 |
Table of core hole intersections in Trinity Pit area
| Hole ID | From | To | Interval | g/t (ppm) Ag |
| feet | ||||
| SC-1 | 8.5 | 330.0 | 321.5 | 65.86 |
| incl | 160.0 | 220.0 | 65.0 | 220.69 |
| SC-2 | 0.0 | 125.0 | mined out | |
| 125.0 | 285.0 | 160.0 | 70.26 | |
| incl | 130.0 | 175.0 | 45.0 | 174.32 |
| SC-3 | 9.0 | 135.0 | 126.0 | 33.48 |
| SC-4 | 48.5 | 61.5 | 13.0 | 37.50 |
| and | 97.5 | 148.0 | 50.5 | 20.91 |
| and | 197.0 | 406.5 | 209.5 | 145.98 |
| incl | 244.0 | 397.0 | 153.0 | 185.94 |
| SC-5 | 8.0 | 254.5 | 246.5 | 97.52 |
| incl | 84.0 | 154.0 | 70.0 | 128.26 |
| and | 205.5 | 229.0 | 23.5 | 162.69 |
Management Commentary
"The evaluation of the drone survey over the next few weeks will allow us a better understanding of not only the historic resource but also the alteration halo extending from the pit," said Jeff Poloni, Chief Executive Officer of Americore Resources Corp.
Qualified Person
The technical information contained in this news release has been reviewed and approved by Chris M. Healey, P.Geo., Chief Geologist and Director of Americore Resources Corp., a Qualified Person as defined under NI 43-101.
Jeff Poloni
Chief Executive Officer
Email: jeff@americoreresources.com
Phone: 604-454-8874
Americore Resources Corp.
#300 - 1455 Bellevue Avenue
West Vancouver, BC V7T 1C3
Tel: 604-662-8184
Website: http://www.americoreresources.com
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/283147
FAQ
What did Americore (AMCOF) report about the Trinity Silver Project on February 9, 2026?
How significant are the newly found historic core holes for AMCOF's Trinity project?
What limitations did Americore (AMCOF) note about the 1985 U.S. Borax assay data?
When will Americore (AMCOF) release results from the drone-magnetometer survey and data compilation?
