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Metalsource Mining (CSE: MSM, OTCQB: MSMMF, FSE: E9Z) reported new drill results from its Silver Hill project, where 55 metre down-plunge step outs are extending known polymetallic mineralization. Hole SH26-20 intersected 9.57 m grading 364 g/t AgEq, including 2.26 m at 913 g/t AgEq. Hole SH26-21 cut 15.3 m grading 207 g/t AgEq, including 2.44 m at 515 g/t AgEq, with higher lead and silver values indicating argentiferous galena and wider mineralized horizons at depth.
According to Metalsource, the two holes extend drilling to about 335 m below surface and support an interpretation that Silver Hill mineralization remains open along strike and at depth. Multiple assays from additional holes are pending as an expanded drilling program tests extensions and new discovery targets. The company also granted 450,000 restricted share units to consultants and certain officers, vesting over one year and three months, subject to a statutory hold period.
Metalsource Mining (CSE: MSM, OTCQB: MSMMF, FSE: E9Z) has launched the next phase of drilling at its Silver Hill Project in North Carolina, targeting strike and down-plunge extensions of the exceptional polymetallic mineralization intersected in Hole SH26-07.
SH26-07 returned 12.62 metres grading 3,786 g/t silver equivalent (AgEq), including 6.95 metres at 6,730 g/t AgEq and 2.74 metres at 16,604 g/t AgEq, highlighted by 209.1 g/t gold, plus strong silver, lead and zinc. The program aims to expand known mineralization, improve continuity between holes SH26-07, SH26-05 and SH25-02, and support an inaugural mineral resource estimate targeted for early 2027, while a second drill rig prepares to test newly identified district-scale IP targets.
According to Metalsource, results are preliminary and insufficient to define a mineral resource. The company also entered an investor relations agreement with North Star, paying C$8,000 per month and granting 250,000 stock options in January 2027.
Metalsource Mining (CSE: MSM, OTCQB: MSMMF, FSE: E9Z) reported that drill hole SH26-27 at the Silver Hill Project intersected approximately 15 metres (core length) of polymetallic mineralization, including about 3.5 metres of semi-massive to massive sulphides. According to Metalsource Mining, this hole extends the known Silver Hill system approximately 65 metres south of SH26-19, marking the company’s largest southern step out and southernmost intercept to date. Assays for SH26-27 and multiple other holes remain pending.
The company highlighted that sulphide style and intensity in SH26-27 are consistent with mineralization elsewhere at Silver Hill and that the system remains open in several directions. A second drill rig is scheduled to mobilize to test newly identified IP targets while further drilling focuses on expanding mineralization around SH26-07. Ongoing work aims to support a maiden mineral resource estimate targeted for early 2027, with rigorous QA/QC and ALS laboratories handling analytical work.
Metalsource Mining (CSE: MSM, OTCQB: MSMMF, FSE: E9Z) announced a major expansion of exploration at the Silver Hill Project in North Carolina by adding a second diamond drill rig and a dedicated night shift, which together are expected to increase drilling capacity about threefold.
The existing rig will continue step-out drilling to expand the known high-grade polymetallic system along strike and down plunge, supporting an inaugural mineral resource estimate targeted for early 2027. The new rig will test newly defined, district-scale IP targets that display geophysical characteristics similar to areas with significant silver, gold, lead, zinc and copper intercepts. Mobilization of the second rig and additional crew is anticipated in early August, with multiple assay results pending from ongoing work.
Metalsource Mining (OTCQB: MSMMF) reported Phase 2 induced polarization (IP) survey results at its Silver Hill project in North Carolina, defining about 2.4 kilometres of prospective strike. The survey outlined a continuous 1.8 km anomaly near the historic Silver Hill mine and an additional 600 m anomaly in the northeast, generating multiple high-priority drill targets that share geophysical traits with previously mineralized zones.
According to Metalsource, drilling to date has intersected polymetallic mineralization over intervals up to 18.17 m, with composite assays up to 209.1 g/t gold, 241 g/t silver, 18.8% lead, 39.4% zinc and 5.4% copper, and silver-equivalent grades up to 16,604 g/t AgEq. Management plans to increase drilling capacity to both expand known mineralization and systematically test new IP targets. The company emphasizes that results are preliminary, do not define a mineral resource, and require further drilling to establish continuity, geometry and grade distribution.
Metalsource Mining (OTCQB: MSMMF) is advancing a second wave of exploration in the Carolina Slate Belt, focused on the Silver Hill and Byrd-Pilot projects in North Carolina.
Silver Hill’s land package has expanded to about 1,300 acres, with ongoing drilling, geophysics and multiple assays pending to refine a polymetallic silver-gold-lead-zinc system that remains open. Byrd-Pilot adds 1,000 acres of gold-silver potential with a 450-metre anomalous trend that is largely untested at depth. Recent Silver Hill drilling reported 6.28 metres grading 1,156 g/t AgEq, including 3.6 metres at 1,789 g/t AgEq. Regional activity includes OceanaGold’s Haile Mine drilling successes and Albemarle’s Kings Mountain lithium progress, underscoring renewed mining interest in the Carolinas.
Metalsource Mining (OTCQB: MSMMF) expanded its Silver Hill district through option agreements on three properties totaling about 141 acres, increasing its land package to roughly 1,300 acres. The new ground lies along strike and down dip of known mineralization.
According to Metalsource, multiple drill assays are pending, and the company plans to add a second drill rig to accelerate testing of known mineralization and new regional targets as it pursues district-scale exploration potential in North Carolina.
Metalsource Mining (OTCQB: MSMMF) reported new drill results from the Silver Hill project dated June 30, 2026. Hole SH26-19 intersected 6.28 m grading 1,156 g/t AgEq, including 3.60 m at 1,789 g/t AgEq, with locally high gold, lead and zinc.
The hole extends the emerging high grade polymetallic corridor about 33 metres down plunge and supports continuity across historic workings. The system remains open in several directions, multiple assays are pending, and results are described as preliminary and insufficient to define a mineral resource.
Metalsource Mining (OTCQB: MSMMF) reported new drill results from the Silver Hill polymetallic project in North Carolina. Hole SH26-18 intersected 11.83 m grading 245 g/t AgEq, including 0.64 m at 1,580 g/t AgEq, 13.8 g/t Au and high Pb-Zn values, extending mineralization about 28 m south of SH26-08 and beyond historic workings. SH26-17 returned up to 292 g/t AgEq over 0.15 m and confirms mineralization remains open north. Numerous assays are still pending, results are preliminary and do not yet define a mineral resource. Metalsource also granted 500,000 restricted share units to consultants, vesting over one year.
Metalsource Mining (OTCQB: MSMMF) reported results from a property-scale induced polarization survey at its Silver Hill Project in North Carolina.
The work outlined multiple open IP anomalies across ~2.4 km of strike, including a prominent southern anomaly extending ~1.2 km beyond the historic mine, supporting step-out drilling and broader exploration targeting.