Metalsource Mining Advances Silver Hill Project with Promising Sulphide Intersections
Metalsource Mining Inc. (OTCQB: SFRIF) has announced significant progress at its Silver Hill Project in Davidson County, North Carolina, with recent diamond drilling intersecting multiple zones of sulphide mineralization. The findings, revealed on January 22, 2026, build upon the project’s historical significance as America’s first silver mine.
Two newly completed drill holes, SH26-07 and SH26-08, were targeted near historic underground workings, an area previously undrilled. SH26-07 encountered a substantial zone of mineralization from approximately 129.85 meters to 155.45 meters downhole. This broad intersection includes several intervals of semi-massive to massive sulphides, characterized by sphalerite, galena, and pyrite, alongside quartz veining and silicification.
Meanwhile, SH26-08 intersected sulphide mineralization commencing around 185 meters, extending to 191 meters. This zone, estimated to have a true thickness of approximately 4 meters, is situated deeper and south of the extent of historical underground development, presenting an opportunity for resource expansion.
It is important to note that these observations are based on visual geological logging only, and assay results are still pending. Metalsource Mining has cautioned that preliminary findings are insufficient to define a mineral resource, emphasizing the need for further drilling to ascertain the continuity, geometry, and grade distribution of the mineralization.
The Silver Hill Project, spanning 1,128 acres, is geologically situated within the Carolina Terrane. Historical data, including extensive drillhole records, underground mapping, and chip samples from historic workings, indicates that mineralization extends to depths of at least 550 meters. Recent surface sampling has corroborated the potential of the project, with sample SH25-003 assaying 444 grams per tonne of silver, 17.7 grams per tonne of gold, 8.61% lead, and 0.507% zinc.
In addition to the Silver Hill Project, Metalsource Mining is also actively exploring the Byrd-Pilot Mountain Project, also located in central North Carolina. Geological assessments and historical USGS work suggest the area may host a porphyry gold-copper system, with evidence of broad gold mineralization in soils, trenches, and shallow drilling. The presence of intense quartz-sericite-pyrite alteration and high-sulfidation signatures points to the potential for a significant epithermal or porphyry-related gold system.
Metalsource Mining Inc. is a Canadian mineral exploration company focused on advancing high-potential mineral assets through systematic exploration and discovery. The company’s forward-looking statements are subject to risks and uncertainties, and actual results may differ materially from expectations.
**Key Project Highlights:**
* **Silver Hill Project:**
* Location: Davidson County, North Carolina
* Size: 1,128 acres
* Recent Drilling (SH26-07): Broad zone of sulphide mineralization from ~129.85m to 155.45m.
* Recent Drilling (SH26-08): Sulphide intersection from ~185m to 191m (estimated true thickness 4m).
* Historic High-Grade Sample (SH25-003): 444 g/t Ag, 17.7 g/t Au, 8.61% Pb.
* Known Mineralization Depth: To 550m from surface, open in multiple directions.
* **Byrd-Pilot Mountain Project:**
* Location: Central North Carolina
* Potential: Porphyry gold-copper system or large epithermal/porphyry-related gold system.
* Geological Indicators: Intense alteration, high-sulfidation signatures.
* Mineralization Trend: East-west, open in multiple directions.
The company’s ongoing core logging, sampling, and laboratory analysis will provide crucial data to better define the potential of the Silver Hill mineralization. The market will be closely watching for the assay results, which will be instrumental in guiding future exploration strategies and assessing the project’s economic viability.
Original article, Author: Jam. If you wish to reprint this article, please indicate the source:https://aicnbc.com/16435.html
