Metalsource Mining Inc. (CSE: MSM) (OTCQB: MSMMF) (FSE: E9Z) has announced a management transition at its Silver Hill Project in North Carolina, with Chief Operating Officer Tom Kleeberg stepping down effective November 10, 2026, and moving to an independent consulting role. Project Geologist Dale Moore will continue directing exploration activities alongside the company's technical and field teams. The transition comes as the company operates two drill rigs and pursues larger stepout targets beyond the historic mine workings at the Silver Hill polymetallic system.

Key Points

  • Metalsource Mining Inc. (CSE: MSM | OTCQB: MSMMF | FSE: E9Z) announced a planned executive transition on November 12, 2026.
  • Tom Kleeberg resigned as Chief Operating Officer effective November 10, 2026, and will continue as an independent consultant.
  • Project Geologist Dale Moore will lead ongoing drilling and exploration coordination at the Silver Hill Project.
  • Investors may be watching for further exploration results as two drill rigs operate on larger stepout targets.

Kleeberg Transitions from COO to Independent Consultant at Silver Hill

Tom Kleeberg's resignation as Chief Operating Officer took effect November 10, 2026, as part of what the company described as a previously planned transition. The announcement states Kleeberg will remain involved as an independent contractor, providing support for property owner relations, land-related activities, logistics, site infrastructure, security, and environmental matters. The company acknowledged his contributions during Silver Hill's advancement from initial validation of historical work into a systematic exploration program incorporating core drilling, geophysics, geochemistry, and three-dimensional modelling.

Dale Moore to Direct Silver Hill Drilling and Geological Program

Project Geologist Dale Moore, described in the release as instrumental in guiding the company's drilling program, will continue to direct and coordinate exploration activities alongside Metalsource's technical and field teams. The disclosure states two drill rigs are currently operating, with larger stepouts targeting extensions beyond the historic mine workings. CEO Joe Cullen noted in the announcement that Moore and the technical team remain focused on aggressive expansion drilling and investigating what the company characterises as a potentially substantially larger polymetallic system.

Silver Hill Project Background and Exploration Scope

Metalsource describes the Silver Hill Project as widely recognised as America's first silver mine, with a producing history dating to 1839. The project has historically yielded silver, gold, lead, and zinc. The company states it is focused on expanding known mineralisation and advancing toward a modern resource estimate. The release indicates the current exploration approach combines systematic drilling, geological modelling, geophysics, geochemistry, and three-dimensional modelling to build on the district's broader potential. The immediate share price impact was not clear from available public information.