Investigator Silver Limited has returned high-grade silver intersections from its ongoing drilling program at the 100%-owned Paris Silver Project in South Australia, highlighted by hole PPRC968 intersecting 4 metres at 5,448 grams per tonne silver from 78 metres, including a 1-metre interval grading 13,302g/t silver from 80 metres.

The initial 2026 drilling campaign focused on testing areas outside the optimised open pit established in the definitive feasibility study released on 27 February 2026, which outlined an initial 11-year mine life for the asset. Drilling at the Paris East and Paris North targets returned several shallow, high-grade intervals outside the current pit margin, indicating potential to expand the silver inventory beyond the current design.

Additional high-grade results from Paris East include hole PPRC965 returning 2 metres at 822g/t silver from 49 metres, including 1 metre at 1,545g/t silver from 50 metres, and hole PPRC970 intersecting 3 metres at 275g/t silver from 91 metres. At Paris North, hole PPRC957 intersected 2 metres at 4,211g/t silver from 111 metres, including 1 metre at 8,120g/t silver from 112 metres, while hole PPRC948 returned 9 metres at 110g/t silver from 81 metres.

The company also reported that regional exploration has identified a new silver-bearing epithermal system at Theseus, located less than 10 kilometres from the main Paris deposit, following first-time sampling of historical diamond drill core.

“The high-grade results at Paris North and Paris East are an encouraging outcome from this phase of drilling. They reinforce the quality of the mineralised system around the existing Paris Deposit and provide clear opportunities for growth of the Paris silver inventory with appropriate follow- up drilling. The magnitude of a number of significant assays in this program outside of the existing pit optimisation demonstrates significant upside potential around the existing deposit and may increase the available mining inventory beyond the DFS which was released to the market on 27 February 2026.”

— Lachlan Wallace, Managing Director

The company lodged a mining lease application for the project with the South Australian Department for Energy and Mining in August 2026. A further approximately 30,000 metres of drilling is scheduled to commence at the site in September 2026 to follow up on the current results and support further resource estimation work. Assays remain pending for several additional holes and intervals across the project area.

Read the full announcement: Paris Project Initial Silver Drill Results