Episode Details

Back to Episodes

Prince Silver - Prince Silver Project, Nevada: Targeting ~100Mil Oz AgEq Resource, 9k Meters Drill Ongoing, Another 9k Meters In Phase 2

Episode 3184 Published 1 week, 5 days ago
Description

In this episode of the KE Report, we are joined by Derek Iwanaka, CEO of Prince Silver (CSE:PRNC - OTCQB:PRNCF - FRA:T130), to discuss the company’s aggressive exploration strategy in Nevada’s historic Pioche mining district at the Prince Silver Project. Prince Silver is focused on revitalizing the past-producing mine that operated for nearly four decades.

Key highlights:
  • The Historic Prince Mine: Derek outlines the history of the project, which produced over 1 million tons of ore and approximately 3.6 million ounces of silver between 1912 and 1949.
  • Expanding the Drill Program: Originally a 6,500-meter program, the company has expanded its current RC drilling to 9,000 meters due to early success. Derek reveals plans for a second phase, bringing the total expected drilling to 18,000 meters.
  • High-Grade Results and Resource Targets: The conversation dives into recent assay results, including intercepts as high as 1,300 g/t silver. Derek discusses the internal exploration target of 75 to 150 million silver-equivalent ounces and the path toward a maiden 43-101 resource estimate in the second half of this year.
  • Deep Mineralization Potential: Unlike historic operations that focused on surface oxides, Prince Silver is drilling deeper. Early results suggest significant mineralization, including high-grade gold, remains at depth.
  • The Stampede Gap Project: A look at the company’s second asset, a large-scale copper-gold-molybdenum porphyry target. While the current focus remains on the Prince Silver Project, the team is evaluating the long-term potential of this massive system.

Please email me with any follow up questions for Derek - Fleck@kereport.com 

 

Click here to visit the Prince Silver website to learn more about the projects and team. 

 

------------------------

For more market commentary & interview summaries, subscribe to our Substacks: 

 

Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us