Prince Silver Projects Expanding Mineralization

VANCOUVER – Derek Iwanaka, Prince Silver Corp. CEO, said, “The latest results at the Prince Silver Project in Pioche Mining District, Lincoln County, Nevada, continue to highlight the exceptional scale, strength, and consistency of the Prince Silver Project’s expanding mineralized system. Standout intercepts delivered impressive combinations of high-grade silver, gold, and strong polymetallic credits over meaningful widths across multiple stacked horizons.
Importantly, drilling such as PRC-39 and PRC-40 is further refining the outer limits of the system, significantly enhancing our geological model and targeting precision as we step out with confidence. With two rigs actively drilling and the program now expanded to approximately 9,000 metres, we believe the Prince Silver Project Is continuing to demonstrate the characteristics of a large-scale polymetallic discovery.”
The strongest holes in this batch were holes PRC-37, PRC-31 and PRC-32, each of which intersected meaningful mineralization across important target horizons.
PRC-37 is particularly significant, returning both a high-grade silver-manganese-lead-zinc interval in the Combined Metals Bed and a broad deeper gold-silver-zinc interval. The upper interval from 560 to 585 ft ranks among the strongest silver-rich intercepts drilled to date, while the deeper 85 ft (25.9 m) interval from 805 to 890 ft (245m to 271m) highlights the potential for a substantial mineralized package with meaningful gold content.
PRC-31 returned a strong 35 ft interval grading 118.57 g/t Ag and 9.98% Mn, with associated lead and zinc, further supporting continuity within one of the Company’s priority stratigraphic targets.
PRC-32 returned two notable intervals, including a high-grade upper intercept from 475 to 490 ft with strong gold and silver values, and a broader 70 ft interval from 580 to 650 ft characterized by consistent manganese, lead and zinc mineralization. Together, these results continue to demonstrate the presence of stacked mineralized zones across multiple stratigraphic levels.
PRC-35 also returned several mineralized intercepts across the A-Shale, Susan Duster, and Combined Metals Bed, further reinforcing the interpretation of a laterally extensive, multi-horizon system.
Step-Out Holes Help Refine the Mineralized Footprint
Two step-out holes were drilled to provide valuable information to help define the system’s scale, geometry, and controls.
PRC-38 was terminated early due to faulting. While the target interval was not reached, the structural disruption offers useful insight into offsets of mineralized horizons.
PRC-39 was drilled along the eastern extent of the Exploration Target area and did not return significant intercepts, but it is important in defining the outer boundary of mineralization and improving targeting precision.
Similarly, PRC-40 was also drilled to test the easternmost limits of the Exploration Target area and appears to have largely missed the main mineralized area, although it did intersect one narrow interval of elevated silver and gold values.
Other holes returned narrower or moderate intervals, consistent with the Company’s geological model, which anticipates variability due to faulting, stratigraphy, and bed geometry.