Highlander Silver Maps Corani Extensions After 600 km Airborne, 90 km IP Surveys
HSLV•Highlander Silver completed 600 km of airborne magnetic and 90 km of IP-resistivity surveys at Corani, mapping extensions west, south and east beyond the current resource footprint. Four drill rigs are active with first assays due in July, while the company maintains roughly US$100 million cash and no debt.
1. Geophysical Program Details
Highlander Silver integrated historical datasets with its first airborne magnetic survey covering 600 km and expanded induced polarization-resistivity lines amounting to over 90 km, defining a geophysical signature that highlights north-south and northwest-trending structures extending beyond the existing resource envelope.
2. High-Priority Exploration Targets
The program identified three key targets: Corani West, featuring a large coincident chargeability, resistivity and magnetic anomaly; Corani East Extension, interpreted as a continuation of the higher-grade zone with historical intercepts such as 42 m at 47.9 g/t Ag; and Corani South, marked by alteration and historical gold-silver intercepts.
3. Drilling Campaign and Timeline
The first exploration drilling at Corani in over a decade has begun with four drill rigs operating on site. Initial assays are expected in July and will test targets concealed under shallow post-mineral cover along major structural trends.
4. Financial Position
The company holds approximately US$100 million in cash and carries zero debt, with cash flow from its Mercedes gold-silver operation offsetting exploration spending and funding the Corani drilling program.
