Metalsource Mining Acquires 141 Acres to Expand Silver Hill Project

en.Wedoany.com Reported - Metalsource Mining has expanded its land holdings for the Silver Hill project by acquiring three additional assets through option agreements.

The Silver Hill project is located in Davidson County, North Carolina, USA, where Metalsource Mining currently holds approximately 1,300 acres of consolidated land. The newly acquired 141 acres are distributed along known mineralization trends and dips, forming part of the company's ongoing efforts to expand exploration activities at Silver Hill, aiming to assess the scale potential beyond historical mine areas. As the drilling program continues, multiple assay results are still pending. The company plans to accelerate exploration by adding a second drill rig, speeding up the testing of existing mineralization and new targets identified through geological and geophysical interpretations. The newly added assets will be integrated into its broader Silver Hill geological model to prioritize exploration targets across the entire area. Management stated that it will continue to evaluate opportunities for further land acquisitions to support a regional-scale exploration strategy. Multiple drill holes are awaiting assay results, which are expected to further deepen the understanding of the Silver Hill system.

Joe Cullen, CEO of Metalsource Mining, stated that this is a strategic acquisition achieved through the team's long-term efforts. As drilling, geophysics, and geological interpretations continue to deepen the understanding of the Silver Hill system, seizing the opportunity to acquire these highly prospective assets has become increasingly important. Cullen said, "We are grateful to the family that has owned this land for generations and appreciate their trust in our team. Every successful drill hole strengthens our confidence in the broader area and helps us determine the direction for the next phase of exploration."