# Prince Silver Corp. (CSE:PRNC)

> Prince Silver Corp.

## About

Prince Silver Corp. is a North American silver-focused exploration company advancing the past-producing Prince Silver Project in the prolific Pioche Mining District of Lincoln County, Nevada. The Company’s flagship asset hosts a large-scale polymetallic mineral system with silver, gold, manganese, zinc and lead mineralization associated with a carbonate replacement deposit, or CRD, environment, as well as sediment-hosted gold-silver mineralization. Historical and current drilling indicate that mineralization occurs across multiple stacked horizons, remains open in all directions, and is largely situated at relatively shallow depths of less than 300 metres, supporting the view that the Project may have potential for both near-surface open pit and deeper underground mining scenarios, subject to further technical and economic work. Prince Silver is currently advancing an expanded and accelerated reverse circulation drilling campaign at the Prince Project. The original program was increased from approximately 6,400 metres to more than 9,000 metres, with two RC rigs operating as part of an approximately 30-hole program designed to test and expand mineralization along a 3,500-foot structural corridor. This work is focused on validating and extending known zones of near-surface CRD-style silver-gold-manganese and base metal mineralization, while also improving the Company’s understanding of the broader scale and continuity of the mineralized system. Drilling results released in the first half of 2026 have continued to reinforce the strength, scale and consistency of the Prince mineralized system. Recent highlights include 7.62 metres grading 230.20 g/t silver, 10.78% manganese, 1.87% lead, 2.54% zinc and 0.58 g/t gold in hole PRC-37; 10.67 metres grading 118.57 g/t silver, 9.98% manganese, 1.17% lead, 1.64% zinc and 0.317 g/t gold in hole PRC-31; and 4.57 metres grading 223.67 g/t silver, 3.29% manganese, 1.62% lead, 2.43% zinc and 1.91 g/t gold in hole PRC-32. These results built on previously reported intercepts including 3.05 metres grading 1,331.00 g/t silver in hole PRC-28 and 3.05 metres grading 355.25 g/t silver and 4.78 g/t gold in hole PRC-27. A key advantage for the Company is the substantial historical database at Prince. The current drill program is being integrated with a historical drill hole database of 129 holes, which provides a strong technical foundation for resource modelling and helps accelerate the path toward a maiden mineral resource. Management’s objective is to combine the results from the ongoing 9,000 metre drill program with the historical dataset to deliver a maiden NI 43-101 compliant resource estimate by the end of 2026. Achieving that first compliant resource would represent a major milestone for Prince Silver, significantly advancing the Project from historical exploration toward a modern, de-risked development story. In addition to the Prince Project, the Company also holds the Stampede Gap Project, a district-scale copper-gold-molybdenum porphyry target located approximately 15 kilometres north-northwest of Prince. Together, these assets position Prince Silver as a Nevada-focused exploration company with exposure to multiple metals that are relevant to both precious metals investors and broader strategic metals themes.

## Key facts

- **Cash position:** $8M
- **Shares outstanding:** 59.0 M
- **Fully diluted shares:** 87.7 M
- **Warrants:** 16.2 M
- **Options:** 3.87 M
- **Mineral resource:** The Prince Silver Project, located in Nevada, and hosts a significant polymetallic carbonate replacement deposit (CRD) and sediment-hosted gold system with near-term development potential. Historic mining in the district produced approximately 6.7 million tonnes at 6.8% Zn, 135 g/t Ag, 2.9% Pb, and 0.7 g/t Au (~15.9% ZnEq*). At the Prince Mine specifically, historic production totaled 1.12 million tonnes at 4.5% Zn, 100 g/t Ag, 2.8% Pb, and 0.5 g/t Au (~11.1% ZnEq*), primarily extracted from underground sulphide replacements in limestone and oxidized manganese-bearing ore. The project features near-surface mineralization with open-pit mining potential and remains open in all directions, indicating strong exploration upside. It presents an attractive opportunity for near-term development and also hosts significant by-product manganese potential. OmniGeoX Exploration Consultants (2024) prepared an initial Exploration Target based on the historic and internal block models: 25–43 Mt @ 1.44–1.57% Zn, 0.78–0.87% Pb, 37–40 g/t Ag, 0.28–0.4 g/t Au, 3.62–4.3% Mn. Using mid-point values, the Exploration Target presents potential for over 100 million ounces silver equivalent (AgEq) with infill drilling. Mineralization remains open in all directions. Amenable to both open-pit and underground mining methods. Exploration Target estimates are conceptual in nature and not Mineral Resources as defined by NI 43-101.
- **Projects:** ["The Prince Silver Project, located in Nevada, and hosts a significant polymetallic carbonate replacement deposit (CRD) and sediment-hosted gold system with near-term development potential. Historic mining in the district produced approximately 6.7 million tonnes at 6.8% Zn, 135 g/t Ag, 2.9% Pb, and 0.7 g/t Au (~15.9% ZnEq*). At the Prince Mine specifically, historic production totaled 1.12 million tonnes at 4.5% Zn, 100 g/t Ag, 2.8% Pb, and 0.5 g/t Au (~11.1% ZnEq*), primarily extracted from underground sulphide replacements in limestone and oxidized manganese-bearing ore. The project features near-surface mineralization with open-pit mining potential and remains open in all directions, indicating strong exploration upside. It presents an attractive opportunity for near-term development and also hosts significant by-product manganese potential. OmniGeoX Exploration Consultants (2024) prepared an initial Exploration Target based on the historic and internal block models: 25–43 Mt @ 1.44–1.57% Zn, 0.78–0.87% Pb, 37–40 g/t Ag, 0.28–0.4 g/t Au, 3.62–4.3% Mn. Using mid-point values, the Exploration Target presents potential for over 100 million ounces silver equivalent (AgEq) with infill drilling. Mineralization remains open in all directions. Amenable to both open-pit and underground mining methods. Exploration Target estimates are conceptual in nature and not Mineral Resources as defined by NI 43-101.","The Stampede Gap Cu-Au-Mo Project is an underexplored porphyry system that has already revealed the hallmarks of a large-scale copper-molybdenum deposit. Despite limited drilling, evidence suggests the presence of a significant porphyry center, supported by geophysical anomalies, surface alteration, and encouraging mineralization at depth. A substantial alteration halo, approximately 3 km² in size, surrounds the intrusive rocks at Stampede Gap. This zone is characterized by sericite alteration, oxidized pyrite (gossan), iron alteration, and quartz with or without sulphide veining—features indicative of a widespread hydrothermal fluid overprint. Three-dimensional inversions of IP-resistivity data reveal a large-scale alteration system interpreted as a phyllic zone or pyrite shell. Surface geochemistry shows trace element anomalism consistent with a porphyry-style mineral system. Geology at surface and intersected by drilling indicate high-temperature, garnet-pyroxene-magnetite skarn formed from fluids derived from the porphyry intrusives. Ore grade molybdenite and anomalous copper. Recent exploration includes geochemical sampling, UAV aeromagnetics, induced polarisation (IP), magnetotellurics (MT) surveys, drilling and assaying."]
- **Leadership:** Derek Iwanaka (CEO & Director, Over 23 years of experience in investor relations, corporate development, and capital markets within the mining sector. He has contributed to more than 20 corporate transactions and over US$100 million in equity financings.), Ralph Shearing (President & Director, CEO of GGA: TSX-V, a heap leach gold miner in Mexico, with senior executive positions in public junior mining and exploration companies since 1987.), Rob Scott (CFO and Corporate Secretary, Accomplished executive with over 25 years of experience in accounting, corporate compliance, and corporate finance, having raised over $200 million in equity financing.), Patrick Toth (Exploration Manager, A seasoned exploration geologist with over 30 years of experience across North and Latin America, managing exploration programs and geological teams.), Harrison E. Matson (Project Development Manager, Former Vice President of the company vending assets into Prince Silver, with notable exploration successes.), Darrell Rader (Independent Director, President and CEO of Minaurum Gold Inc., with over $150 million raised for mineral exploration and development.), Dr. Robert Wrixon (Independent Director, Managing director of Starboard Global Ltd, with over 25 years of experience in the mining and exploration sector and a Ph.D. in mineral engineering.), Marco Montecinos (Independent Director, Over 40 years of experience in mineral exploration and business development, pivotal in the discovery of multiple gold deposits across the Americas.)

_Verified data last updated: 2026-05-15_

## Recent filings

- 2026-05-19 — press_release — [prnc:CNX_2026-05-19_08-13-37.pdf](https://chat.orbiton.app/prncf/preview/51312?documentId=51312)
- 2026-05-14 — press_release — [prnc:CNX_2026-05-14_09-30-25.pdf](https://chat.orbiton.app/prncf/preview/50495?documentId=50495)
- 2026-04-01 — financials — [prnc:CNX_2026-04-01_01-09-02.pdf](https://chat.orbiton.app/prncf/preview/38314?documentId=38314)
- 2026-04-01 — financials — [prnc:CNX_2026-04-01_01-08-59.pdf](https://chat.orbiton.app/prncf/preview/38315?documentId=38315)
- 2026-03-25 — press_release — [prnc:CNX_2026-03-25_08-18-05.pdf](https://chat.orbiton.app/prncf/preview/38316?documentId=38316)
- 2026-03-25 — technical_report — [prnc:CNX_2026-03-25_06-52-16.pdf](https://chat.orbiton.app/prncf/preview/38317?documentId=38317)
- 2026-03-19 — press_release — [prnc:CNX_2026-03-19_09-17-29.pdf](https://chat.orbiton.app/prncf/preview/38318?documentId=38318)
- 2026-02-20 — press_release — [prnc:CNX_2026-02-20_13-39-54.pdf](https://chat.orbiton.app/prncf/preview/38319?documentId=38319)

## Investor FAQ

### [Latest News](https://chat.orbiton.app/prncf/faq/latest-news)

The latest news from Prince Silver Corp. includes the ongoing expanded reverse circulation drilling campaign at the Prince Silver Project, which has increased from approximately 6,400 metres to more than 9,000 metres. Recent drilling results have reinforced the strength and scale of the mineralized system, with significant grades reported in multiple drill holes.

### [Projects Overview](https://chat.orbiton.app/prncf/faq/projects-overview)

Prince Silver Corp. is advancing the Prince Silver Project in Nevada, which features a significant polymetallic carbonate replacement deposit and sediment-hosted gold system. The project has near-surface mineralization with open-pit mining potential and is supported by a substantial historical database, while the company also holds the Stampede Gap Project, a copper-gold-molybdenum porphyry target.

## Live AI chat

- https://chat.orbiton.app/prncf/chat
- Investor website: https://princesilvercorp.com/