Americore Resources Unlocks Near-Term Optionality at Trinity Silver Project in $100+ Silver Market
Americore Resources Unlocks Near-Term
Optionality at Trinity Silver Project in $100+
Silver Market
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2026) - Americore Resources Corp. (TSXV:
AMCO) (FSE: 5GP) (OTCQB: AMCOF) ("Americore" or the "Company") is pleased to announce a
significant step toward near-term value creation through the evaluation of options to monetize historic
surface stockpiles at its 100%-owned Trinity Silver Project in Pershing County, Nevada.
With silver prices now exceeding US$100 per ounce, management believes the timing is exceptionally
favorable to advance initiatives that could unlock early cash flow potential, accelerate project derisking,
and enhance the overall economics of Trinity as the Company works toward development.
Historic estimates indicate the stockpiles may contain approximately 400,000 ounces of silver in oxide
material and 365,000 ounces of silver in sulphide material (see Company news release dated
December 4, 2025). These materials are already mined, sit at surface, and represent a compelling
opportunity to evaluate processing options without the delays typically associated with new mining
operations.
The Company cautions that these historic estimates are not considered current Mineral Resources. A
Qualified Person has not completed sufficient work to classify these estimates as current Mineral
Resources, and there is no certainty that further work will result in the delineation of a current Mineral
Resource.
Strategic Rationale: Near-Term Optionality in a $100+ Silver Market
Located in Nevada, one of the world's most established and mining-friendly jurisdictions, Trinity benefits
from clear permitting processes, strong infrastructure, and a long history of successful silver and gold
production.
Americore's Trinity Silver Project is uniquely positioned to benefit from today's silver market dynamics
and near-term operational catalysts.
The Trinity stockpiles are already mined and located at surface,
offering a rare opportunity to evaluate near-term processing and potential cash generation without the
timelines and risks associated with new mining operations.
Surface stockpiles allow for efficient sampling, metallurgical testing, and processing analysis. This work
also delivers critical data that can be applied across the wider Trinity resource as the project advances.
Americore is reviewing multiple processing pathways, including:
Off-site third-party toll processing, which could enable rapid monetization with limited capital
requirements
Construction of an on-site pilot plant, offering greater control over metallurgy, recoveries, and long-
term scalability
In parallel, the Company will initiate a comprehensive sampling and metallurgical testing program
designed to confirm grades, optimize recoveries, and establish the most efficient processing flowsheet.
Management views this work as a strategic catalyst, providing:
Potential near-term economic upside
Critical metallurgical data applicable to the broader Trinity resource
A meaningful step toward advancing the project to a Preliminary Economic Assessment (PEA)
Planned Field Program
The initial field program will focus on accurately defining the metal content and processing
characteristics of the stockpiles and is expected to include:
Reverse circulation (RC) drilling
Backhoe trenching
Updated metallurgical and mineralogical testing
Results from this work will guide processing decisions and economic evaluations. The Company
anticipates engaging an independent consultant to assist in metallurgical, engineering, and economic
analysis.
All necessary permits will be obtained from the Nevada Division of Environmental Protection, a well-
established regulatory framework in one of the world's premier mining jurisdictions.
Exploration Momentum Continues at Trinity
Americore is also pleased to report that the previously announced drone magnetometer survey over the
Trinity property has been successfully completed (see Company news release dated January 11, 2026).
Data processing and interpretation are underway, with results expected to support upcoming drill
targeting and structural interpretation.
Near-term exploration plans include drilling 5 to 10 core holes twinning historic drill holes to:
Verify historic data
Provide fresh material for metallurgical testing
This work is expected to be followed by a program of step-out RC drilling, forming the foundation for a
new Mineral Resource estimate and positioning Trinity for its next stage of advancement.
Management Commentary
"With silver trading above US$100 per ounce, Trinity offers exceptional leverage to rising metal prices,"
said Jeff Poloni, Chief Executive Officer of Americore Resources Corp.
"Evaluating the monetization of historic stockpiles is a highly strategic move. 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."
Qualified Person
The technical information contained in this news release has been reviewed and approved by Chris M.
Healey, P.Geo., Chief Geologist and Director of Americore Resources Corp., a Qualified Person as
defined under NI 43-101.
Jeff Poloni
Chief Executive Officer
Email:
Phone: 604-454-8874
Americore Resources Corp.
#300 - 1455 Bellevue Avenue
West Vancouver, BC V7T 1C3
Tel: 604-662-8184
Website:
http://www.americoreresources.com
The Company is listed on the TSX Venture Exchange.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of
management regarding AMERICORE's intention to continue to identify potential transactions and
make certain corporate changes and applications. Forward-looking statements consist of statements
that are not purely historical, including any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such statements are subject to risks and uncertainties that may cause
actual results, performance or developments to differ materially from those contained in the
statements. No assurance can be given that any of the events anticipated by the forward-looking
statements will occur or, if they do occur, what benefits AMERICORE will obtain from them. These
forward-looking statements reflect managements' current views and are based on certain
expectations, estimates and assumptions which may prove to be incorrect. A number of risks and
uncertainties could cause actual results to differ materially from those expressed or implied by the
forward-looking statements, including AMERICORE's inability to identify transactions having
satisfactory terms or at all and the results of exploration or review of properties that AMERICORE
does acquire. These forward-looking statements are made as of the date of this news release and
AMERICORE assumes no obligation to update these forward-looking statements, or to update the
reasons why actual results differed from those projected in the forward-looking statements, except in
accordance with applicable securities laws.
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https://www.newsfilecorp.com/release/282341