Americore Resources Is Pleased to Report on Activities at Its Trinity Silver Project

Rhea-AI Summary

Americore Resources (OTCQB: AMCOF) reported updates at its 100%-owned Trinity Silver Project in Pershing County, Nevada, including completion of a drone-magnetometer survey and initiation of drill permitting ahead of a planned Q2 2026 drill program.

The survey covered approximately 350 line-km over ~6 km of strike; Campbell and Walker Geophysics will interpret results. Permitting targets BLM land (Notice of Disturbance <5 acres) and fee land regulated by BMRR/NDEP. Management aims to convert resources from Inferred to Indicated via confirmation and expansion drilling.

Positive

• 100% ownership of Trinity Silver Project in Pershing County, Nevada
• Completed 350 line-km drone-magnetometer survey over ~6 km strike
• Drill permitting initiated targeting a Q2 2026 drill program

Negative

• Mineral resource currently Inferred and not yet Indicated
• Permitting required on BLM and fee land could delay drilling

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2026) - Americore Resources Corp. (TSXV: AMCO) (FSE: 5GP) (OTCQB: AMCOF) ("Americore" or the "Company") is pleased to report on activities at its 100%-owned Trinity Silver Project in Pershing County, Nevada.

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.

Campbell and Walker Geophysics has been contracted to perform a comprehensive review and interpretation of this newly acquired data. The review will incorporate all available historic geophysical data in the company's possession.

Drill Permitting

In anticipation of a Q2 2026 drill program designed to confirm the data available in the historic drill data base, the permitting process has now been initiated. This will include permitting for work on both BLM land and fee land. The BLM permitting will require a Notice of Disturbance less than 5 acres. For drilling on the Fee land, permitting is regulated by the Bureau of Mining Regulation and Reclamation (BMRR), Nevada Division of Environmental Protection (NDEP).

Management Commentary

"We continue to systematically move the Trinity Project forward. The objective of the exploration plan, which includes both confirmation and expansion drilling, is to move the resource from Inferred to Indicated which will then become the foundation for a new mineral resource estimate," 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/286143

FAQ

What did Americore (AMCOF) announce about the Trinity Silver Project on March 4, 2026?

Americore announced completion of a drone-magnetometer survey and initiation of drill permitting for Q2 2026. According to the company, the survey covered ~350 line-km across ~6 km of strike and interpretation is underway.

How extensive was the drone-magnetometer survey at Trinity reported by Americore (AMCOF)?

The survey comprised approximately 350 line-km across an estimated 6 km strike centered on the Trinity open pit. According to the company, Campbell and Walker Geophysics will perform data interpretation.

When does Americore (AMCOF) plan to start drilling at Trinity and what permits are required?

Americore plans a Q2 2026 drill program and has initiated permitting for BLM and fee land. According to the company, a BLM Notice of Disturbance <5 acres and BMRR/NDEP approvals are needed.

What is Americore's (AMCOF) exploration objective for the Trinity resource?

The objective is to upgrade the resource from Inferred to Indicated through confirmation and expansion drilling. According to the company, the Indicated resource will support a new mineral resource estimate.

Who reviewed the technical information for Americore's (AMCOF) Trinity update?

The technical information was reviewed and approved by Chris M. Healey, P.Geo., Chief Geologist and Director of Americore. According to the company, he is the Qualified Person under NI 43-101.