Americore Resources (TSX-V:AMCO) is aiming to accelerate the Trinity Silver Project in Nevada, towards a preliminary economic assessment (PEA) via numerous activities.
An initial field program will be undertaken, focusing on accurately defining the metal content and processing characteristics of the stockpiles. The program will include reverse circulation drilling, backhoe trenching, and updated metallurgical and mineralogical testing.
The results from this work will guide processing decisions and economic evaluations. Americore expects to engage with an independent consultant to assist in metallurgical, engineering, and economic analysis.
Data processing and interpretation is also underway from a drone magnetometer survey conducted over Trinity. The results are expected to support the upcoming drill targeting and structural interpretation.
Near-term exploration plans include drilling five to 10 core holes twinning historical drillholes to verify historical data and provide fresh material for metallurgical testing.
This work is expected to be followed by step-out reverse circulation drilling, forming the foundation for a new resource estimate and positioning Trinity for the next stage of advancement.
CEO Jeff Poloni says with silver trading above US$100 ($143.68) an ounce, Trinity offers exceptional leverage to rising metal prices.
“Evaluating the monetisation of historic stockpiles is a highly strategic move,” Poloni says.
“It provides potential near-term value, delivers critical metallurgical insights, and helps accelerate Trinity toward a PEA. Importantly, this work complements our broader exploration strategy and reinforces our focus on advancing Trinity in a disciplined, shareholder-focused manner.”
Americore is also reviewing multiple processing pathways including offsite third-party toll processing, which could enable rapid monetisation with limited capital requirements, and construction of an onsite pilot plant, offering greater control over metallurgy, recoveries, and long-term scalability.
The Trinity Project, located in Pershing County, Nevada, benefits from clear permitting processes, strong infrastructure, and a long history of silver and gold production. The project’s stockpiles are already mined and located at surface, offering an opportunity to evaluate near-term processing and potential cash generation without the timelines and risks associated with new mining operations.
Americore Resources is a Nevada-focused silver explorer and developer focused on US mineral independence and responsible resource development.
Write to Aaliyah Rogan at Mining.com.au
Images: Americore Resources
