Significant Land Position Expansion At Trinity Silver Project

VANCOUVER – Americore Resources Corp. announced a strategic expansion of its land position at the Trinity Silver Project in Pershing County, Nevada through an option agreement with Primus Resources to acquire 42 unpatented lode mining claims. These claims are directly contiguous with Americore’s core project holdings, increasing the consolidated project footprint to approximately 22,700 acres (9,200 ha). Grab samples taken on the newly acquired claims include silver contents up to 1690 g/t Ag and 4.33 g/t Au. This additional land now covers all of the areas included in an historic resource estimate made in 2012, increasing the company’s historic resource base to over 36 million ounces of silver equivalent.
The new claims are positioned both northeast and south of the historically mined Trinity open pit, including five HiHo claims situated immediately northeast of the pit and 37 TS and ELM claims extending southward across favourable structural and geochemical ground. With this acquisition, Americore now controls all ground hosting the 364 historic drillholes in the database acquired from Newmont.
Additionally, the Company now controls all of the land included in an historic resources estimate prepared for Liberty Silver in 2012. A report was filed estimating an Inferred Mineral Resource of 26.22 million tons averaging 1.07 oz/ton (36.7 g/t) Ag for a metal content of 28.5 million ounces of silver, or 36 million ounce silver equivalent. This represents a threefold increase in the historic resource base.