Project UpdateJun 25, 2026, 07:02 AM
Highlander Silver Geophysical Study Expands Corani Project Potential
AI Summary
Highlander Silver Corp. reported results from a comprehensive geophysical study of its Corani Silver Project, integrating historical data with new airborne magnetic and induced polarization-resistivity surveys. The study revealed a geophysical signature for the Corani mineral system that is significantly more extensive than previously known, identifying new high-priority exploration targets to the west and south. The company also noted a strong financial position with an unaudited cash balance of approximately US$100 million and no debt, and anticipates reporting first drill results in July.
Key Highlights
- Completed over 90 km of induced polarization-resistivity and 600 km of airborne magnetic surveys.
- Geophysical study indicates Corani mineral system is more extensive than historical drilling coverage.
- Identified Corani West, Corani East Extension, and Corani South as high-priority exploration targets.
- Corani West shows large coincident chargeability, resistivity, and magnetic susceptibility zones.
- Corani East Extension includes historical drilling of 42m at 47.9 g/t Ag from 4m.
- Corani South historical drilling returned 14m at 11.7 g/t Au and 48.9 g/t Ag from 32m.
- Maintained an unaudited cash balance of approximately US$100 million with no debt.
- First exploration drilling program in over a decade is underway; first assays expected in July.
Price Impact
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