Derek Iwanaka

Derek Iwanaka of Prince Silver Corp. talks to Jeff Clark | Metals Investor Forum Sept. 2026

• Top takeaway Argues the drilling completed since he joined puts the project definitely in the 75-150 million silver-equivalent ounce exploration-target ballpark.
• Would rather take Prince Silver into production himself, though he calls a buyout along the way a very good option for some holders.
• Contends US critical-minerals funding is still available against a $30 billion earmark and that recipients' stocks always get a pop, and Prince Silver is pursuing it.
• Says the resource timeline is drill- and market-dependent, and a weak December market would push the release to January.

Prince Silver's CEO points to an exploration target of 75 to 150 million silver-equivalent ounces, with 10,000 meters drilled and three rigs on site. An outside consultant is building the NI 43-101 resource around a 100 million silver-equivalent ounce target, likely landing around Q1. Twin holes and statistical matching of historical drill results decide how much legacy data enters the new resource model. The CEO sees silver, zinc, lead and manganese critical-mineral status opening a door to US government funding from a $30 billion earmark. Structure is tight at 59.1 million shares with C$6.4 million cash at April quarter-end, and the host discloses he owns and recommends the stock.

Derek Iwanaka of Prince Silver Corp. talks to Chen Lin | Metals Investor Forum Sept. 2026

• Top takeaway Iwanaka argues the CRD system will be 'a very large tonnage deposit' overall, with higher-grade shoots rather than uniformly high grade, and says he feels a little more confident of the 100M oz silver equivalent benchmark with every new hole.
• On manganese, he is cautiously optimistic: the team is roughly a year into lab work with the same laboratory Aftermath Silver used (which took about two years) and he expects a clearer picture on recoveries within several months; including manganese in the silver-equivalent would push the resource 'pretty big.'
• He frames Nevada as the project's key advantage — 'probably the best jurisdiction' for something like this — with disturbed ground, old shafts and a headframe already on site, making permitting easier, especially given manganese's designation as a US critical metal eligible for funding and loan guarantees.
• He calls the gold discovery beneath the silver-manganese CRD 'a pleasant surprise' the old timers did not chase because it sits deeper in the sulfides, and the team is acquiring new ground to the north and hunting feeder zones where the flat-lying system could host richer mineralization.

Prince Silver targets a maiden 100M-ounce silver-equivalent resource in the coming months, with manganese excluded until metallurgical recovery is proven. Manganese grades run 8-10%, but the team waits on metallurgical testing before including it in the upcoming resource. Step-out drilling continues with an 87% hit rate, supported by more than 129 historical holes of data. Nevada's previously disturbed ground with old shafts eases permitting - an edge given manganese's US critical-metal status.

Derek Iwanaka of Prince Silver Corp. presents at Metals Investor Forum in Vancouver | Sep 2026

• Top takeaway The speaker's central thesis is that the maiden resource estimate — likely delivered in early 2027 — will exceed expectations and force a market-cap rerating from ~$23M toward $200M+ on an EV/oz silver-equivalent basis.
• He argues the deposit was never depleted because the historic Prince Mine shut when silver was 73 cents/oz, and that modern silver near $65/oz justifies a fresh valuation.
• He frames Prince Silver as a potential 'whole district play,' citing the near-doubling of the land package and aggressive step-out drilling around the historic mine area.
• He uses his execution track record — becoming CEO a year ago at this same conference, raising ~$7M, and expanding the land position — as evidence the team can deliver the resource estimate.
• He acknowledges weak share-price performance and ties the rerating to upcoming metallurgy (possible November 2026) and the maiden resource estimate (likely early 2027).

Prince Silver doubled its land position in Nevada's Pioche District and drilled more than 10,000 meters ahead of a maiden resource estimate. The historic Prince Mine produced roughly $600 million of silver before closing at $0.73 per ounce, leaving mineralization intact at today's $65. Three rigs are turning on 130 historical and 37 new holes, with another batch of drill results due in about two weeks. Prince Silver is pursuing US critical minerals grants, which the CEO argues have driven share-price pops for domestic juniors.

Derek Iwanaka of Prince Silver Corp. presents at Metals Investor Forum in Vancouver | May 2026

Derek Iwanaka, CEO of Prince Silver Corp, presents the company's silver investment thesis at the Metals Investor Forum in Vancouver. The forum highlights companies vetted by newsletter writers for possessing excellent management teams, strong financials, and promising properties. The event provides investors with valuable direct access to management, allowing them to ask critical questions and assess leadership firsthand.

Derek Iwanaka & Eric Coffin discuss Prince Silver at the May Metals Investor Forum

Prince Silver Corp is advancing an advanced-stage silver project in Nevada with near-surface mineralization supported by over 129 historic drill holes. A current 6,500-metre drill program is underway with results expected in early 2026, potentially leading to an initial mineral resource estimate later in the year. The company offers investors leveraged exposure to silver exploration in Nevada's established mining jurisdiction with significant expansion potential.

Derek Iwanaka of Prince Silver Corp. presents at Metals Investor Forum in Vancouver | May 2026

Derek Iwanaka, CEO of Prince Silver Corp, presents the company's silver-focused investment thesis at the Metals Investor Forum in Vancouver. The forum highlights companies vetted by newsletter writers for possessing excellent management teams, strong financials, and promising properties. Investors gain exclusive direct access to assess junior mining management teams through interactive face-to-face Q&A sessions.

Derek Iwanaka of Prince Silver Corp. talks to Brien Lundin | Metals Investor Forum | February 2026

Prince Silver Corp. is advancing its Nevada-based silver project with a 6,500-metre drill program, targeting an initial mineral resource estimate for 2026. The Prince Silver Project features near-surface silver-gold-zinc-manganese mineralization, supported by over 129 historic drill holes, indicating significant advanced-stage potential. CEO Derek Iwanaka presents at the Metals Investor Forum, highlighting the company's vetted management team and promising Nevada silver exposure.

Derek Iwanaka of Prince Silver Corp. presents at Metals Investor Forum in Toronto | February 2026

Derek Iwanaka, CEO of Prince Silver Corp., presents at the Metals Investor Forum in Toronto on February 27-28, 2026. The forum features highly vetted junior mining companies that have earned coverage from leading newsletter writers. Investors gain exclusive access to assess management teams directly through face-to-face Q&A sessions.

Derek Iwanaka of Prince Silver talks to Jeff Clark | Metals Investor Forum | January 2026

Prince Silver Corp. is actively advancing its silver project in Nevada with an ongoing drill program. The company is working towards a maiden mineral resource estimate, a key value-creating catalyst for investors. CEO Derek Iwanaka highlights the project's potential and operational progress at the Metals Investor Forum.

Derek Iwanaka of Prince Silver talks to Brien Lundin | Metals Investor Forum | January 2026

Derek Iwanaka, CEO of Prince Silver Corp., discusses advancing the Prince Silver Project in Nevada toward a maiden mineral resource estimate. The interview was conducted by Brien Lundin of Gold Newsletter at the Metals Investor Forum in Vancouver, held January 23-24, 2026. The forum highlights vetted junior mining companies with excellent management, strong financials, and promising properties selected by top newsletter writers.

Derek Iwanaka of Prince Silver Corp. presents at Metals Investor Forum in Vancouver | January 2026

Derek Iwanaka, CEO of Prince Silver Corp., presents at the Metals Investor Forum in Vancouver, highlighting the company's silver-focused strategy. The forum emphasizes rigorous vetting by newsletter writers, ensuring only companies with excellent management, strong financials, and promising properties present. Investors gain direct access to management teams, allowing them to ask critical questions and assess leadership quality firsthand.