on Prince Silver Corp. (ASX:HAW)
Initial Drilling Results Show Strong Mineralization at Prince Silver Project
Prince Silver Corp. has released promising assay results from the first five holes of its extensive 9,000-metre drill program at the Prince Silver Project in Nevada. These initial results reveal substantial mineralization of silver, gold, and manganese.
The standout results include an intersect in drill hole PRC-28, reporting 3.05 metres with 1,331.00 g/t silver, 0.16 g/t gold, 14.17% manganese, among other elements. The assays show mineralized beds at depths shallower than 300 metres, suggesting potential for open-pit mining.
CEO Derek Iwanaka expressed optimism about these findings, underscoring the drill program's role in verifying previously outlined exploration targets. A second drill rig will soon be deployed to accelerate drilling efforts. These early successes bolster confidence in delineating a valuable mineral resource, stressing the importance of continued exploration efforts.
R. H.
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