Metalsource Mining Inc. (CSE: MSM) (OTCQB: MSMMF) (FSE: E9Z) is advancing the historic Silver Hill project in Davidson County, North Carolina, which was discovered in 1838 and opened in 1839 as America’s first silver mine. Nearly 200 years later, the company is applying modern exploration technologies to investigate opportunities beyond the historic underground workings, according to a company update disseminated on its behalf.
Modern drilling has returned standout gold- and silver-equivalent grades within a polymetallic system containing gold, silver, lead, zinc and copper. Geological interpretation and geophysical surveys have identified multiple priority exploration targets across an approximately 2.4-kilometer prospective trend extending beyond the historic mine. With two drills operating, Metalsource is advancing exploration along strike and at depth while testing substantially greater distances from known mineralization.
The project benefits from strategic investor backing: renowned resource investor Eric Sprott holds a publicly reported approximately 16.7%–16.8% ownership position. Additionally, silver, copper, lead and zinc are included on the U.S. critical minerals list, giving the project exposure to materials deemed essential for economic and national security.
The approximately 1,300-acre Silver Hill land position, including optioned additions, is situated on private land with established road access, power and water—a significant advantage for exploration and potential development. The company’s strategy focuses on building geological understanding through drilling, geophysics and historical data integration while pursuing opportunities for expansion.
For investors seeking more information, the latest news and updates relating to MSMMF are available in the company’s newsroom at https://ibn.fm/MSMMF. The announcement was disseminated by MiningNewsWire, a specialized communications platform focused on the global mining and resources sectors. MiningNewsWire is one of 75+ brands within the Dynamic Brand Portfolio at IBN, which provides wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and a full array of tailored corporate communications solutions.
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