Metalsource Drills Bigly Gold Intercept at Silver Hills, NC

Bob Moriarty
Archives
Apr 15, 2026

Back in January of this year I introduced my readers to a very interesting young company with two projects in North Carolina with company-making potential. Drill results just released indicate they have already hit a home run. When I wrote the piece three months ago I wanted to educate my readers on the back story. I think that worked. But obviously the lie detector is the drill bit.

On April 14th the company released barn burning results that drove the price of the stock from a close of $1.60 on the 13th to a high of $2.29 on the day for a 43% gain. Sanity returned and the stock dropped sharply before settling at $1.85 for a gain of 15% on the day.

Hole SP26-07 intercepted 12.62m of 48.04 g/t AuEq, including 6.95m of 85.4 g/t AuEq and 2.74m of 210.72 g/t AuEq. That is over 600 gram/meters and would be one of the top holes of any company with any project. I asked the president of the company to flesh out their ongoing drill program. I know they raised $7 million and have completed 15 holes but he hasn’t gotten back to me yet. Obviously they need a lot more holes before they come up with a 43-101 resource but hole 07 has set the bar pretty high.

This is a company-making hole over a known resource. With a market cap of only $115 million in CAD, it is still cheap but we need more holes released.

Metalsource is an advertiser so naturally I am biased. Please do your own due diligence.

Metalsource Mining Inc
MSM-C $1.85 (Apr 14, 2026)
SFRIF-OTCBB 72 million shares
Metalsource Mining website

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Bob Moriarty
President: 321gold
Archives

321gold Ltd