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Prince Silver Corp. (OTC:PRNCF) has launched a fully funded 6,500-meter exploration drill program at its flagship Prince Silver Project in Nevada. The program encompasses 31 RC holes and aims to expand known high-grade zones, validate historical drilling, and define the broader mineralized system.
The project, backed by $5.25M CAD in recent financings, builds on 129 historical holes totaling 16,607 meters. Historical results have shown significant polymetallic mineralization, including notable intercepts of 40.8m @ 0.63 g/t Au, 65 g/t Ag, 1.64% Zn, 3.51% Pb. The exploration target suggests potential for 25-43Mt with grades including 1.44-1.57% Zn, 37-40g/t Ag, and 3.62-4.30% Mn.
Prince Silver Corp. (OTC:PRNCF) has successfully closed its non-brokered private placement, raising gross proceeds of $1.25 million. The company issued 3,125,000 units at $0.40 per unit, with each unit comprising one common share and a half warrant exercisable at $0.60 for 12 months.
The company paid $16,695 in finder's fees, representing 7% of proceeds from arm's length subscribers. The funds will primarily be used to expand their planned reverse circulation drill program at the Prince Silver Project in Nevada from 6,500m to 8,200m, along with general corporate working capital purposes.
Prince Silver Corp. (CSE:PRNC)(OTC:PRNCF) has announced a change in its OTC trading symbol from "HWTNF" to "PRNCF" effective September 9, 2025. The ticker symbol change is aimed at aligning the company's U.S. market identity with its current corporate name and Canadian Securities Exchange ticker "PRNC".
The company confirmed that existing shareholders do not need to take any action regarding this change, and shares will continue to trade on the Canadian Securities Exchange under the symbol "PRNC".