MetalSource Mining Inc.
MetalSource just announced that they are expanding their Silver Hill Project in North Carolina. They now have around 1,300 acres.
The company made agreements to explore three properties. These properties are 141 acres. The new areas are close to where they know there is mineralization. This gives MetalSource space to look for more minerals around Silver Hill.
Why this matters:
The Silver Hill Project is not one small target. It has different minerals like silver, gold, lead and zinc. They have mining data, recent drilling results and geophysics data that all support this. They are still waiting for results from some assays.
The management team is planning to drill holes. One program is to expand the Silver Hill Project. Another program is to explore targets that they found from recent geological work and surveys.
For MetalSource Mining Inc. this update is news. They are trying to change the Silver Hill Project from a old mine to a bigger exploration project. MetalSource Mining Inc. Wants to see if there are minerals, in the area.