Business
Prince Silver Provides Corporate Update and Outlook for 2026
VANCOUVER, BC / ACCESS Newswire / January 5, 2026 /Prince Silver Corp. (CSE:PRNC)(OTCQB:PRNCF)(Frankfurt:T130) ("Prince Silver") or, the "Company, is pleased to provide a corporate update and outline its priorities and outlook for 2026 as the Company ...
About this update from Prince Silver Corp.
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / January 5, 2026 / Prince Silver Corp. (CSE:PRNC)(OTCQB:PRNCF)(Frankfurt:T130) ("Prince Silver") or, the "Company, is pleased to provide a corporate update and outline its priorities and outlook for 2026 as the Company advances the Prince Silver Project in Lincoln County, Nevada, USA.","length":333,"tagName":"p"},{"type":"text","content":"Exploration Update","length":18,"tagName":"p"},{"type":"text","content":"Prince Silver continues to advance its reverse circulation ("RC") drilling program at the Prince Silver Project, which has recently been expanded by approximately 9,000 feet, now totalling a planned 30,000 feet (~9,100 meters). In addition, the Company has secured a second drill rig, which is expected to arrive on site mid January, allowing for increased drilling efficiency and an accelerated pace of exploration.","length":426,"tagName":"p"},{"type":"text","content":"The expanded drill program is designed to increase and upgrade historical mineralization and support a potential initial mineral resource estimate. The program is focused on near-surface, open pit-able mineralization and builds upon a substantial historical drill database.","length":273,"tagName":"p"},{"type":"text","content":"Drilling remains ongoing; however, the Company advises that the first batch of drill results has been delayed as a significant number of drill samples exceeded the upper detection limits in the initial analysis method for Manganese, requiring over-limit manganese re-analysis. The Company has been advised by its laboratory assayer that the complete analytical results are expected to be received mid January 2026.","length":414,"tagName":"p"},{"type":"text","content":"Results from the overall drilling campaign are expected to play a key role in shaping the Company's exploration and technical objectives, including a maiden mineral resource estimate in 2026.","length":195,"tagName":"p"},{"type":"text","content":"Derek Iwanaka, Company CEO and Director commented, "We are encouraged by early indications from the drill program, including numerous manganese assay values that exceeded the limits of the initial analytical methods requiring overlimit assay. As we continue to advance drilling and expand the program, our priority remains on delivering reliable results and building a ro...