The Only Silver That Matters Now is Silver You Can Touch

Issued on behalf of Americore Resources Corp.

Silver just dropped 5% in a single session. Profit takers blinked. The metal sits at $74/oz, down from its recent high, but still up 140% from where it traded twelve months ago.[1]

This isn’t a crash. It’s a gift.

Because while traders chase short-term moves, the structural story hasn’t changed. It’s gotten tighter.

On January 1, 2026, China shut the export door on silver. Completely. No exceptions.[2]

And in November 2025, the U.S. Geological Survey officially added silver to the Critical Minerals list.[3]

Silver isn’t jewelry anymore. It’s the industrial oil of the 2020s. Every solar panel. Every semiconductor. Every electric vehicle. Every 5G tower. They all run on silver. And now, the world’s largest producer just walked off the field.

The question isn’t whether silver goes higher. The question is: where will America get it?

The Resource Iron Curtain Just Dropped 

China didn’t announce this ban with fanfare. They did it quietly, efficiently, and with full knowledge of what it means. Starting January 1, 2026, no Chinese silver leaves Chinese borders. None. This isn’t about trade disputes or tariffs. This is resource warfare.

China controls roughly 20% of global silver mine supply. But they also consume more than they produce. Now they’re keeping every ounce for their own manufacturing machine. Solar. Batteries. Electronics. They’re not selling to us anymore.

Meanwhile, the U.S. Geological Survey made it official in November 2025. Silver is now on the Critical Minerals list alongside lithium, cobalt, and rare earths.

That designation isn’t ceremonial.

It means the federal government has acknowledged that silver is essential to economic security, national defense, and clean energy transition. And it means America cannot rely on imports to meet demand.

The math is brutal. Demand keeps climbing. Supply from foreign sources is shrinking. The only silver that matters now is the silver already under American soil.

And there’s only one state that’s been producing silver longer than anyone else.

Nevada.

The Silver State isn’t a nickname. It’s a 160-year track record. From the Comstock Lode in 1859 to the Rochester Mine today, Nevada has been America’s silver backbone. The infrastructure is there. The expertise is there. The regulatory framework is clear. And critically, the geology is proven.

This isn’t speculation. This is supply chain reality. If America wants domestic silver, Nevada is where it comes from. And if you want exposure to that shift, you need to be looking at the companies actually drilling in Nevada’s historic districts.

Americore Resources (TSXV: AMCO) (OTCQB: AMCOF) isn’t chasing the next shiny district. They’re working the proven ground. Their flagship Trinity Silver Project sits in Pershing County, 23 miles northwest of Lovelock, on the west flank of the Trinity Range. This is the same geology that built fortunes in the 1800s. The same rock that still produces silver today.

The world just got smaller for silver supply. The domestic pivot isn’t coming. It’s here.

Every Electric Car Now Carries a Kilogram of Silver

Current electric vehicles use grams of silver. Maybe 20 to 30 grams per car, depending on the model.

That just changed.

In 2020, Samsung SDI unveiled its Silver-Carbon (Ag-C) anode technology for solid-state batteries[4]. In 2025, that technology got the validation it needed trhough a joint effort with BMW.[5]

The breakthrough delivers 20% more energy density and cuts charging time in half. It also requires nearly 1 kilogram of silver per vehicle.[6]

Not grams. Kilograms.[7]

The technology isn’t theoretical. General Motors, Hyundai, and Stellantis have already signed partnerships to adopt it. The first commercial rollout begins in late 2026. And every major automaker is racing to license the same platform because the competitive advantage is too large to ignore.

Now do the math.

Global EV production in 2025 hit 14 million units.[8] If just 20% of that volume adopts the Ag-C standard, that’s 2.8 million vehicles. At 1kg per vehicle, that’s 2,800 metric tons of silver. Per year.

But 20% is conservative. The technology works. The patents are filed. And within three years, analysts expect adoption rates closer to 60%.[9]

That’s 8,400 metric tons annually. Just for EVs.

For context, total global silver mine supply in 2025 was roughly 26,000 metric tons. This single application, if it scales to even half of projected EV volume, consumes over 30% of the entire world’s mine output.

Add solar panels. Add semiconductors. Add 5G infrastructure. Add defense applications.

The deficit isn’t theoretical. It’s mathematical inevitability.

And it’s hitting right as China closes the export door.

22,700 Acres in Nevada’s Proven Silver Corridor

There aren’t many places left in America where you can point to a map and say: this ground has already produced millions of ounces of silver.

The Trinity Silver Project is one of them.[10]

(Download the comprehensive NI 43-101 Technical Report here)

Consolidated to 22,700 acres in Pershing County, Nevada, Trinity isn’t a discovery play. It’s a restart.

Between 1980 and 1986, U.S. Borax operated an open-pit mine on this exact ground. They pulled 5 million ounces of silver before shutting down when prices collapsed. The pit is still there. The infrastructure is still there. The geology hasn’t changed.

What has changed is the resource model.

Americore Resources (TSXV: AMCO) (OTCQB: AMCOF) has spent the past two years systematically consolidating the district. They’ve tripled the historic resource base to 36 million ounces of Silver Equivalent[11]. That’s not a projection. That’s the resource expansion validated through modern AI-assisted modeling, satellite imagery analysis, and over 20,000 meters of drilling.

This is a past-producing district with proven geology, sitting in the most mining-friendly jurisdiction in North America, at a time when the federal government has officially designated silver as a Critical Mineral.

The math is simple. America needs domestic silver. Nevada is where it comes from. And Trinity is one of the largest consolidated silver land packages in the state.

Not a lottery ticket. A strategic answer to a structural deficit.

The world just realized it needs more silver than it can import. Americore is drilling the ground that’s already proven it can deliver.

The Fuse is Already Lit

Most exploration companies spend years wandering in the dark. Americore doesn’t have that luxury. And it doesn’t need it.

The 2026 calendar isn’t a “waiting year.” It’s a milestone year. Three major catalysts are already locked in.

Q1 2026: AI-Assisted Precision Targeting

Americore isn’t guessing where the silver sits. The company deployed 3D AI-assisted geological modeling across the entire Trinity district in late 2025. The results are being finalized now.

This technology synthesizes historic drill data, satellite imagery, geochemical signatures, and structural geology to identify high-probability zones. It’s the same modeling used by Newmont Corporation and Barrick Gold to extend mine life at billion-dollar operations.

The difference? Americore is using it on a past-producing district with 36 million ounces of Silver Equivalent already identified. The AI isn’t discovering the silver. It’s telling them exactly where to drill next.

Q1/Q2 2026: Confirmatory Drilling Campaign

The drill rigs will be turning. Americore is executing a twin-hole strategy to validate and expand the historic resource base. Twin drilling means re-drilling the exact locations that U.S. Borax hit in the 1980s to confirm grades and continuity.

But the company isn’t stopping there. The AI modeling identified multiple untested zones with similar geochemical signatures to the historic high-grade intercepts. Those targets are being drilled for the first time.

Every assay result that comes back tightens the noose on the market. Because each confirmed intercept moves Trinity one step closer to the big event.

Q2 2026: Updated NI 43-101 Mineral Resource Estimate

This is the moment everything changes.

The updated NI 43-101 resource estimate is slated for release in Q2 2026. This isn’t just a technical filing. This is the event that converts a historic resource into a current, market-moving reality.

Right now, the market is pricing Americore as if the 36 million ounces are still locked in 1980s geology reports. The NI 43-101 brings that resource into compliance with modern standards. It makes it bankable. It makes it visible to institutional investors who won’t touch a company without current resource documentation.

And it happens in the middle of a silver supercycle driven by structural deficits, a China export ban, and a federal government that just put silver on the Critical Minerals list.

The fuse is already lit. The only question is whether you’re positioned before the updated resource hits the market.

19 Million Shares. 36 Million Ounces.

Most junior resource companies have 100 million shares outstanding. Some have 200 million. A few have 500 million.

Americore Resources (TSXV: AMCO) (OTCQB: AMCOF) has 19,127,525 shares.

That’s it. Total. Fully diluted at 27,810,239 after all warrants and options.

This isn’t an accident. It’s deliberate capital structure discipline. And in a silver supercycle, it matters more than most investors realize.

When demand hits a company with a tight float, there’s no overhead supply to absorb the buying pressure. The share count acts as a coiled spring. Every new buyer, every new institutional allocation, every analyst upgrade compresses the spring tighter.

And when it releases, the moves are violent.

For context: Americore has fewer shares outstanding than most restaurants have on their wine list. And it’s sitting on 36 million ounces of Silver Equivalent in the most mining-friendly jurisdiction in North America.

The Leadership

This isn’t a team of first-time explorers gambling on geochemistry. Americore’s management has decades of Nevada district consolidation experience.

CEO Jeff Poloni brings 30 years of mineral exploration and corporate management across the Americas. CFO Brian Morrison has over 15 years guiding public companies through capital markets. Director Chris Healey, P.Geo, has 50 years of technical and operational experience, from exploration through mine development and production.

And critically, Newmont Corporation, a $100 billion global mining leader, became a shareholder when Americore acquired the Trinity Project from them. That’s not just validation. That’s an endorsement from the smartest money in the sector.

The Location

Pershing County, Nevada. Pro-mining jurisdiction. Clear regulatory framework. Streamlined permitting. World-class infrastructure.

And critically, it’s American soil. No geopolitical risk. No export bans. No resource nationalism. Just proven geology in the most secure mining district on earth.

The world just realized it needs more silver than it can import. China closed the export door. The USGS added silver to the Critical Minerals list. And the industrial demand engine, led by electric vehicles requiring 1 kilogram of silver per car, is accelerating into a structural deficit.

Americore Resources (TSXV: AMCO) (OTCQB: AMCOF) isn’t chasing the next discovery. The company is restarting a past-producing district that already delivered 5 million ounces of silver in the 1980s. With 36 million ounces of Silver Equivalent now identified, a Q2 2026 updated NI 43-101 resource estimate on the horizon, and a share structure tighter than almost any company in the sector, Americore is positioned at the center of the domestic silver pivot.

The math is simple. America needs the silver. Nevada has the silver. And Americore controls 22,700 acres of proven ground in Nevada’s historic silver corridor.

The clock is ticking. The catalysts are locked in. And the share count won’t stay this tight forever.

View the Full Trinity Technical Report & Recent News at AmericoreResources.com

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity-Insider.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Americore Resources Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Americore Resources Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ owns shares of Americore Resources Corp. which were purchased in the open market, and/or through private placements, and reserve the right to buy and sell, and will sell shares of Americore Resources Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by Americore Resources Corp.; this is a paid advertisement, we currently own shares of Americore Resources Corp. and will sell shares of the company in the open market, or through private placements, and/or other investment vehicles.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES CITED:

[1] https://www.investing.com/analysis/silvers-greatest-short-squeeze-ever-the-perfect-storm-of-2026-200672893

[2] https://www.cnbc.com/2025/12/31/china-silver-export-controls-2026-us-economy-prices-rare-earths-critical-minerals-xag-metals.html

[3] https://www.usgs.gov/news/science-snippet/interior-department-releases-final-2025-list-critical-minerals

[4] https://news.samsung.com/global/samsung-presents-groundbreaking-all-solid-state-battery-technology-to-nature-energy

[5] https://www.samsungsdi.com/sdi-now/sdi-news/4565.html

[6] https://silvertrade.com/news/precious-metals/silver-news/samsungs-silver-solid-state-battery-a-game-changer-for-the-global-silver-market/

[7] https://www.investing.com/analysis/silver-physical-demand-killing-price-manipulation-200672511

[8] https://www.iea.org/reports/global-ev-outlook-2025

[9] https://www.spglobal.com/automotive-insights/en/blogs/2025/10/ev-adoption-rates-how-us-and-other-markets-compare-2025

[10] https://americoreresources.com/projects

[11] https://americoreresources.com/news/americore-resources-corp-significantly-expands-land-position-at-the-trinity-silver-project-historic-resource-base-tripled-to-36-million-oz-silver-equivalent