Metalsource Mining (MSMMF) visually identified approximately 22 metres of mineralization in drill hole SH26-45 at its Silver Hill Project. The interval is measured in core length and includes semi-massive sulphides and vein-style mineralization. It lies approximately 80 metres south of SH26-27, extending exploration beyond the previously drilled footprint in North Carolina. Laboratory assays remain pending, so the interval's grades and significance have not been determined.
Two drills, supported by a dedicated night shift, are advancing exploration. Metalsource plans further drilling southward and down dip, larger step outs to the north and south, and testing of previously untested targets along the broader Silver Hill trend. Analytical results are also outstanding from several additional completed holes. The mineralized system's outer limits remain undefined.
Metalsource Mining (MSMMF) has begun Phase 2 exploration drilling at Silver Hill to test previously undrilled targets beyond the known mineralization. Multiple targets identified by induced polarization (IP), an electrical survey used to locate potential mineralization, lie approximately 1,120 metres north of Silver Hill and are ready for drilling.
Hole SH26-34 visually intersected approximately 20 metres of mineralization in drill core, including multiple massive sulphide intervals; assays remain pending to determine grade and width. Near-mine drilling established mineralization continuity within a 100-square-metre block. Surface mineralization was also identified approximately 240 metres northeast of Silver Hill. Drilling production has tripled following the addition of a second rig and night shift. Metalsource plans larger step-outs north and south, with one rig focused on Silver Hill and the other testing targets along the broader trend.
Metalsource Mining (MSMMF) has engaged Galt Consulting Group, operating as NaturalResourceStocks.net, for a six-month promotional agreement starting October 1, 2026.
The agreement ends March 31, 2027, and covers company interviews, website banner advertising and access to an investor email database. Metalsource intends the services to increase company awareness. NRS will receive a one-time USD $28,000 payment, payable in advance on October 1, 2026. The agreement has no performance factors, and NRS will receive no shares or options as compensation. The companies are unrelated and unaffiliated.
Metalsource Mining (MSMMF) reported new drill results from the Silver Hill project, with holes SH26-22 and SH26-23 extending high-grade polymetallic mineralization at depth.
SH26-22 returned 7.32 m grading 261 g/t AgEq, including 1.37 m at 930 g/t AgEq from 245.67 m. SH26-23 intersected 12.31 m at 140 g/t AgEq, including 1.86 m at 833 g/t AgEq from 246.8 m. Hole SH26-06 cut 0.40 m grading 3.1 g/t Au and 236 g/t AgEq from 119.30 m, while SH26-25, drilled as a geologic test, returned no anticipated mineralization but confirmed strong alteration above the interpreted deep extension of Silver Hill.
The company is actively stepping out from known mineralization and preparing a larger phase of step-out drilling to the north and south, supported by a second drill that will test untested IP anomalies. Multiple completed holes have assays pending, and the results remain preliminary and insufficient to define a mineral resource.
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.