Investigator Silver Reports 10m @ 2,662g/t Silver Intercept at Paris Deposit Drilling Program

Shwetambri Chauhan

09 November 2026 03:33 PM AEDT

Investigator Silver Reports 10m @ 2,662g/t Silver Intercept at Paris Deposit Drilling Program

Image Source: Krish Capital Pty Ltd

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Investigator Silver Limited (ASX:IVR) has reported high-grade silver assay results from its 2026 reverse circulation drilling program at the 100% owned Paris Silver Project in South Australia, including an intercept of 10m at 2,662 grams per tonne silver from 78 metres in drill hole PPRC968.

Key Points

Drill hole PPRC968 returned 10m @ 2,662g/t Ag from 78m, including 1m @ 13,302g/t Ag from 80m
Drill hole PPRC957 returned 4m @ 2,119g/t Ag from 111m, including 1m @ 8,120g/t Ag from 112m
Over 12,000 metres of the approximately 30,000 metre 2026 drilling program has been completed
Results received from Paris East, Paris West, Paris North, Paris Deeps, and regional targets Alexander East, Manto and Helen

Key Silver Intercepts at Paris East and Paris West

Assays have been received from all holes PPRC963 through PPRC986, covering Paris East and Paris West drilling areas. Alongside the headline result in PPRC968, drill hole PPRC965 returned 5m at 426g/t silver from 49 metres, including 1m at 1,545g/t silver from 50 metres. Additional intercepts include PPRC985 returning 7m at 143g/t silver from 34 metres, PPRC969 returning 8m at 118g/t silver from 93 metres, PPRC970 returning 3m at 275g/t silver from 91 metres, and PPRC948 returning 9m at 110g/t silver from 81 metres. Silver intersections at Paris are reported using a 20g/t silver lower cut-off.

2026 Drilling Program Objectives and Progress

The 2026 drilling program has three parallel objectives: assessing potential pit expansion opportunities around the margins of the pit design used in the Paris Definitive Feasibility Study; improving geological confidence in early mine plan stages through closer-spaced drilling to support detailed mine planning and lender due diligence; and commencing a district-scale silver exploration program targeting priority targets within the Paris Corridor. The program totals approximately 30,000 metres, with over 12,000 metres completed at the time of this filing. Additional infill drilling is being undertaken to extend coverage to nominal 25 metre by 25 metre spacing for future Mineral Resource estimation.

Geological Context and Outstanding Assays

Drilling at Paris East confirmed the continuation of argillic-altered volcanic breccias and dolomitic marble basement sequences beyond the current Definitive Feasibility Study pit margins following disruption by a narrow late-stage volcanic dyke. The disruption from the dyke was described as localised. Regional RC silver intersections at Alexander East, Manto and Helen are reported using a 10g/t silver lower cut-off. The company disclosed that assays remain outstanding from a portion of the drilling program and will be incorporated in future releases upon receipt. Managing Director Lachlan Wallace said the results highlight opportunities for growth of the silver inventory beyond the pit design used in the DFS.

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