2018 Exploration Results

Original announcement by tmx on

Company
Silver Grail Resources Ltd.
Ticker
SVG
Exchange
TSX
Region
British Columbia
Primary commodity
Cobalt
Secondary commodities
Copper, Manganese, Nickel
Document categories
Drill results, Other
Extracted
2026-08-21 12:58:01 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Grail Resources reported 2018 exploration results from surface sampling programs at its Pacifico, Roman, and Kobald properties. The results highlight significant cobalt and manganese anomalies at Pacifico, successful extension of cobalt-nickel anomalies at Roman, and copper-cobalt targets at Kobald.

Reasoning: The release reports highly anomalous cobalt and copper surface geochemistry across multiple properties, including successful extension of known anomalies at the Roman property.

Positive factors

  • high cobalt anomalies
  • extension of known anomalies
  • copper-cobalt targets identified

Negative factors

  • surface sampling only
  • no drill intercepts

Facts used in scoring: 6

Atlas analysis — Silver Grail Resources Ltd.: 2018 Exploration Results

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions accredited laboratories (Activation Laboratories Ltd. and SGS Canada Inc.) and a Qualified Person (Dino Cremonese, P.Eng.).

Evidence · text

“Both are accredited laboratories. The Qualified Person... is Dino Cremonese, P.Eng.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Exploration focuses on following up geochemical anomalies identified in regional surveys.

Evidence · text

“The principal target of these efforts was a stream from which a BC Regional Geochemistry survey had returned a value of 584 ppm cobalt”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: No drilling was performed; results are based on surface geochemical sampling.

Evidence · text

“results from surface programs carried out over its properties in 2018”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

Fact 1cobaltGrade: 682Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
SVG

Geometry

Grade
682
Grade Unit
ppm

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-02-06T00:00:00.000Z

Reasoning: 682ppm cobalt is highly anomalous for the region.

Positive factors

  • highly anomalous

Evidence · text

“returning values of 224, 228 and 682ppm cobalt--all highly anomalous”
Fact 2cobaltGrade: 344Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
SVG

Geometry

Grade
344
Grade Unit
ppm

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-02-06T00:00:00.000Z

Reasoning: 344ppm cobalt is a notable high in soil sampling.

Positive factors

  • high values

Evidence · text

“Sporadic cobalt highs of 180, 220 and 344ppm were obtained from marshy sites”
Fact 3manganeseGrade: 5.6Grade Unit: %View all details
Link to this fact

Identity

Commodity
manganese
Ticker
SVG

Geometry

Grade
5.6
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-02-06T00:00:00.000Z

Reasoning: Manganese values up to 5.6% accompany cobalt anomalies.

Positive factors

  • high values

Evidence · text

“high values in manganese, ranging from 0.5 to 5.6%”
Fact 4copperGrade: 1.8Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
SVG

Geometry

Grade
1.8
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-02-06T00:00:00.000Z

Reasoning: 1.8% Cu from a single rock sample is a significant surface anomaly.

Positive factors

  • anomalous copper

Evidence · text

“returned an assay of 1.8% copper”
Fact 5cobaltView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
SVG

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-02-06T00:00:00.000Z

Reasoning: Anomalous cobalt reported in float samples.

Positive factors

  • anomalous values

Evidence · text

“three of the float samples taken returned anomalous values in cobalt and copper”
Fact 6copperView all details
Link to this fact

Identity

Commodity
copper
Ticker
SVG

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-02-06T00:00:00.000Z

Reasoning: Anomalous copper reported in float samples.

Positive factors

  • anomalous values

Evidence · text

“three of the float samples taken returned anomalous values in cobalt and copper”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.