In this episode, we are joined by Derek Iwanaka, CEO of Prince Silver (CSE:PRNC – OTCQB:PRNCF – FRA:T130), for a comprehensive update on the company’s flagship Prince Silver Project in Nevada. Following an upsized 9,000-meter drill program and a successful private placement, Derek discusses the significance of recent high-grade intercepts and the company’s strategic outlook for 2026.
Key highlights:
- High-Grade Drill Results: Derek breaks down the standout results from the first 15 holes, highlighted by an intercept of 7.6 meters at 230 g/t silver and nearly 11% manganese.
- Exploration Upside and Scale: With 12 out of 15 holes hitting mineralization, the project currently shows a 1.5 to 2-kilometer strike length. Derek details plans for step-out drilling to the north, south, and west to test the ultimate boundaries of the system.
- Strategic Manganese Component: As the U.S. looks to secure domestic supplies of critical minerals, Prince Silver’s manganese content offers unique strategic value. Derek explains the company’s ongoing dialogue with the U.S. government regarding potential funding through critical mineral initiatives.
- Metallurgical Synergy: The team is currently conducting metallurgical testing to optimize the recovery of silver from manganese-rich ore, leveraging proven processes used by peer companies in similar carbonate replacement deposits (CRD).
- Regional Consolidation: Beyond the current drill program, Prince Silver is evaluating further acquisitions within the historic Pioche District to consolidate high-potential ground that hasn’t seen modern exploration since the 1970s.
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.
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