As Silver Prices Soar, This Junior Miner Delivers High-Grade Nevada Assays

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Tuesday, January 13, 2026

With silver prices continuing their parabolic rise, recently reaching approximately $89 per ounce after trading near $50 per ounce in late November, the rally has gained significant momentum. As this upward trend accelerates, silver miners stand to benefit directly from the strength in the market.

Adding to the excitement, one silver miner announced strong assay results today from its Nevada based silver project, further highlighting the sector’s growing appeal amid surging silver prices.

Prince Silver Corp. (CSE: PRNC) (OTCQB: PRNCF) reported strong initial assay results from the first five holes of its ongoing 9,000-metre reverse circulation drill program at the Prince Silver Project in Nevada. The early drilling confirms significant silver-gold-manganese mineralization, with several high-grade intersections encountered across multiple holes. Highlights include broad intervals of silver with meaningful gold credits, along with elevated manganese, lead, and zinc values, reinforcing the polymetallic nature of the system.

Notably, one intercept returned 3.05 metres grading 1,331 g/t silver with additional manganese, lead, and zinc, while other holes delivered multiple high-grade zones containing both silver and gold over meaningful widths. The drill holes were completed perpendicular to gently dipping mineralized beds, and true widths are estimated to closely match the reported intervals. Overall, these results suggest strong continuity of mineralization and provide a positive start to the Company’s current drill campaign.

Derek Iwanaka, CEO and Director stated in the press release, "Our first five RC drill holes have encountered multiple thick, well mineralized intersections from reasonably shallow depths, returning excellent silver, gold, and manganese assay results as outlined below. These initial results indicate the strong likelihood that our planned 30-hole drill program will be successful in verifying the range of tonnes and grades outlined in the Exploration Target.

Shares of PRNC are currently up 13.56% at $0.67, while U.S. listed shares (PRNCF) are rallying 13.33% at $0.51 in late-morning trading.

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