Project UpdateJun 25, 2026, 07:01 AM
Highlander Silver's Corani Geophysical Study Maps Extensive System
AI Summary
Highlander Silver Corp. announced the results of a comprehensive geophysical study at its Corani Silver Project, integrating historical data with new airborne magnetic and induced polarization-resistivity surveys. The study revealed a mineral system far more extensive than previously drilled, identifying new high-priority exploration targets like Corani West, Corani East Extension, and Corani South. The company has also commenced its first exploration drilling program in over a decade with four rigs, expecting initial assay results in July, and maintains a strong unaudited cash balance of approximately US$100 million with no debt.
Key Highlights
- Completed over 90 km of IP-resistivity and 600 km of airborne magnetic surveys.
- Identified Corani West as a new high-priority target under shallow post-mineral cover.
- Corani East Extension shows historical drilling of 42 m at 47.9 g/t Ag from 4m.
- Corani South historical drilling returned 14 m at 11.7 g/t Au and 48.9 g/t Ag from 32 m.
- Interpretation suggests a large-scale intermediate sulphidation epithermal system.
- First exploration drilling program in over a decade is underway with four drill rigs.
- First assay results from the drilling program are expected in July.
- Maintained an unaudited cash balance of approximately US$100 million with no debt.
Price Impact
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