Andean Precious Metals Provides Update on 2025 Exploration Results at Golden Queen and San Bartolome

Original announcement by tmx on

Company
Andean Precious Metals Corp.
Ticker
APM
Exchange
TSX
Region
California
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Resource update
Extracted
2026-08-22 22:52:00 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Andean Precious Metals provided an update on its 2025 exploration results at the Golden Queen mine in California, reporting several gold and silver intercepts from the Hilltop target. Highlights include 5.11 g/t Au over 1.5m, confirming mineralization continuity and supporting potential mine-life extensions. Following these results, the company expanded its Phase 3 drill program by an additional 3,800 metres, with an updated NI 43-101 compliant resource and reserve statement anticipated in the first half of 2026.

Reasoning: Andean Precious Metals reported mixed drill results from its Golden Queen project, with one exceptional gold intercept but generally low grades and narrow widths for most other intervals. The confirmation of mineralization continuity and the expansion of the drill program are positive, as is the upcoming resource update. However, the lack of true width information and the prevalence of lower-grade intercepts temper the overall positive sentiment.

Positive factors

  • One exceptional gold intercept (5.11 g/t Au over 1.5m) was reported, demonstrating high-grade potential.
  • Drilling confirmed mineralization continuity, supporting potential mine-life extensions at Golden Queen.
  • The company expanded the drill program by an additional 3,800 metres, indicating confidence in the project.
  • An updated NI 43-101 compliant mineral resource and reserve statement is anticipated in H1 2026, providing future catalysts.
  • Comprehensive QA/QC procedures were disclosed, including a certified lab and QP sign-off, enhancing data credibility.

Negative factors

  • Most gold and all silver intercepts were low grade or below weak thresholds for an open-pit deposit.
  • Intercept widths were generally narrow, and true widths are not yet known, which could impact resource modeling.
  • Some QA/QC results failed and are currently being checked, indicating minor quality control issues.

Facts used in scoring: 52

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole HT25-06 intersected 5.11 g/t Au over 1.5m, which is exceptional for an open-pit gold deposit.

Evidence · table

“5.11”

Context: 1.5

QA/QC Disclosedpositive

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

Why it applies: The release explicitly states that samples were submitted to Paragon Geochemical, an ISO 17025 accredited lab, and mentions the use of blanks, standards, and duplicates, with a Qualified Person sign-off.

Evidence · text

“A total of 1275 core samples plus 117 samples for QAQC purposes were submitted for analyses performed by Paragon Geochemical; an ISO 17025 accredited analytical services provider... An additional 9% blanks, standards and duplicates were submitted for QAQC purposes.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'Mineralization widths are down-hole lengths, true widths are not yet known.'

Evidence · text

“Mineralization widths are down-hole lengths, true widths are not yet known.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company plans 'infill drilling at Starlight Vein planned to support mine-life extension at Main Pit 2' and 'to further expand and infilled the current mining zone along strike'.

Evidence · text

“Infill drilling at Starlight Vein planned to support mine-life extension at Main Pit 2.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The Phase 3 program is focused on 'extending the mine life by exploring the Hilltop area, which represents the southeast extension of the Silver Queen vein'.

Evidence · text

“This phase consists of 4,300 metres of core drilling and is focused on extending the mine life by exploring the Hilltop area, which represents the southeast extension of the Silver Queen vein”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: An 'Updated mineral resource and reserve statement, with supporting technical report prepared in accordance with National Instrument 43-101' is anticipated in the first half of 2026.

Evidence · text

“Updated mineral resource and reserve statement, with supporting technical report prepared in accordance with National Instrument 43-101 – Disclosure for Mineral Projects (“NI 43-101”), anticipated in the first half of 2026.”

Extracted facts

Stored fact records: 52. Some facts used in scoring do not have a stored record.

Drill Results (52)

HT25-01Golden Queen · goldGrade: 0.85Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.85
Grade Unit
g/t
Intercept
5.2 m
From
16.4 m
To
21.6 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:16.4-21.6
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.85 g/t over 5.2m is moderate for an open-pit deposit, but the overall grade-width product is low. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.85 g/t is moderate for an open-pit deposit, but the grade-width product (4.42 g/t·m) is below the weak threshold.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.85”

Context: 5.2

HT25-01Golden Queen · silverGrade: 9Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
9
Grade Unit
g/t
Intercept
5.2 m
From
16.4 m
To
21.6 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:16.4-21.6
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 9 g/t over 5.2m is below the weak threshold for an open-pit deposit, making it of low economic significance. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 9 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“9”

Context: 5.2

HT25-01Golden Queen · goldGrade: 0.44Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
0.8 m
From
40.7 m
To
41.5 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:40.7-41.5
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.44 g/t over a very narrow 0.8m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.44 g/t is at the weak threshold for an open-pit deposit, but the narrow width (0.8m) results in a very low grade-width product (0.352 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.44”

Context: 0.8

HT25-01Golden Queen · silverGrade: 3Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
3
Grade Unit
g/t
Intercept
0.8 m
From
40.7 m
To
41.5 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:40.7-41.5
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 3 g/t over a very narrow 0.8m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“3”

Context: 0.8

HT25-01Golden Queen · goldGrade: 0.79Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.79
Grade Unit
g/t
Intercept
8 m
From
47.7 m
To
55.6 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:47.7-55.6
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.79 g/t over 8.0m is at the weak threshold for an open-pit deposit, with a low grade-width product. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.79 g/t is at the weak threshold for an open-pit deposit, and the grade-width product (6.32 g/t·m) is below the weak threshold.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.79”

Context: 8.0

HT25-01Golden Queen · silverGrade: 3Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
3
Grade Unit
g/t
Intercept
8 m
From
47.7 m
To
55.6 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:47.7-55.6
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 3 g/t over 8.0m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“3”

Context: 8.0

HT25-01Golden Queen · goldGrade: 0.46Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.46
Grade Unit
g/t
Intercept
2.7 m
From
58.3 m
To
60.9 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:58.3-60.9
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.46 g/t over 2.7m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.46 g/t is at the weak threshold for an open-pit deposit, but the narrow width (2.7m) results in a low grade-width product (1.242 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.46”

Context: 2.7

HT25-01Golden Queen · silverGrade: 3Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
3
Grade Unit
g/t
Intercept
2.7 m
From
58.3 m
To
60.9 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:58.3-60.9
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 3 g/t over 2.7m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“3”

Context: 2.7

HT25-01Golden Queen · goldGrade: 0.69Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
0.8 m
From
77.1 m
To
77.9 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:77.1-77.9
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.69 g/t over a very narrow 0.8m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.69 g/t is at the weak threshold for an open-pit deposit, but the very narrow width (0.8m) results in a very low grade-width product (0.552 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.69”

Context: 0.8

HT25-01Golden Queen · silverGrade: 3Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
3
Grade Unit
g/t
Intercept
0.8 m
From
77.1 m
To
77.9 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:77.1-77.9
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 3 g/t over a very narrow 0.8m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“3”

Context: 0.8

HT25-01Golden Queen · goldGrade: 0.59Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
0.9 m
From
80.2 m
To
81.1 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:80.2-81.1
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.59 g/t over a very narrow 0.9m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.59 g/t is at the weak threshold for an open-pit deposit, but the very narrow width (0.9m) results in a very low grade-width product (0.531 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.59”

Context: 0.9

HT25-01Golden Queen · silverGrade: 5Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
HT25-01
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
5
Grade Unit
g/t
Intercept
0.9 m
From
80.2 m
To
81.1 m
Hole Depth
213 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-01:80.2-81.1
Mining Method
open_pit

Location

Azimuth
223 °
Dip
-57 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 5 g/t over a very narrow 0.9m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 5 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“5”

Context: 0.9

HT25-02AGolden Queen · goldGrade: 0.8Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
1.5 m
From
26.9 m
To
28.3 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:26.9-28.3
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.80 g/t over 1.5m is moderate for an open-pit deposit, but the narrow width and low grade-width product limit its materiality. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.80 g/t is moderate for an open-pit deposit, but the narrow width (1.5m) results in a low grade-width product (1.2 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.80”

Context: 1.5

HT25-02AGolden Queen · silverGrade: 10Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
10
Grade Unit
g/t
Intercept
1.5 m
From
26.9 m
To
28.3 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:26.9-28.3
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 10 g/t over 1.5m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 10 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“10”

Context: 1.5

HT25-02AGolden Queen · goldGrade: 1.14Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
1.14
Grade Unit
g/t
Intercept
0.7 m
From
26.9 m
To
27.6 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:26.9-27.6
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 1.14 g/t over a very narrow 0.7m is moderate for an open-pit deposit, but the narrow width and low grade-width product limit its materiality. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 1.14 g/t is moderate for an open-pit deposit, but the very narrow width (0.7m) results in a low grade-width product (0.798 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“1.14”

Context: 0.7

HT25-02AGolden Queen · silverGrade: 14Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
14
Grade Unit
g/t
Intercept
0.7 m
From
26.9 m
To
27.6 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:26.9-27.6
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 14 g/t over 0.7m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 14 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“14”

Context: 0.7

HT25-02AGolden Queen · goldGrade: 0.43Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
1.3 m
From
31.8 m
To
33.1 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:31.8-33.1
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.43 g/t over 1.3m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.43 g/t is at the weak threshold for an open-pit deposit, but the narrow width (1.3m) results in a very low grade-width product (0.559 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.43”

Context: 1.3

HT25-02AGolden Queen · silverGrade: 9Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
9
Grade Unit
g/t
Intercept
1.3 m
From
31.8 m
To
33.1 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:31.8-33.1
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 9 g/t over 1.3m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 9 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“9”

Context: 1.3

HT25-02AGolden Queen · goldGrade: 0.57Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
2.4 m
From
40.4 m
To
42.8 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:40.4-42.8
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.57 g/t over 2.4m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.57 g/t is at the weak threshold for an open-pit deposit, but the narrow width (2.4m) results in a low grade-width product (1.368 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.57”

Context: 2.4

HT25-02AGolden Queen · silverGrade: 4Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
4
Grade Unit
g/t
Intercept
2.4 m
From
40.4 m
To
42.8 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:40.4-42.8
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 4 g/t over 2.4m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 4 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“4”

Context: 2.4

HT25-02AGolden Queen · goldGrade: 0.99Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.99
Grade Unit
g/t
Intercept
0.9 m
From
40.4 m
To
41.3 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:40.4-41.3
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.99 g/t over a very narrow 0.9m is moderate for an open-pit deposit, but the narrow width and low grade-width product limit its materiality. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.99 g/t is moderate for an open-pit deposit, but the very narrow width (0.9m) results in a low grade-width product (0.891 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.99”

Context: 0.9

HT25-02AGolden Queen · silverGrade: 4Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
HT25-02A
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
4
Grade Unit
g/t
Intercept
0.9 m
From
40.4 m
To
41.3 m
Hole Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-02A:40.4-41.3
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-74 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 4 g/t over 0.9m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 4 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“4”

Context: 0.9

HT25-03Golden Queen · goldGrade: 1.94Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
HT25-03
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
1.94
Grade Unit
g/t
Intercept
4.4 m
From
23.5 m
To
27.9 m
Hole Depth
201 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-03:23.5-27.9
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-52 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 1.94 g/t over 4.4m is strong for an open-pit deposit, but the grade-width product is low. The lack of true width information is a negative factor.

Positive factors

  • The gold grade of 1.94 g/t is strong for an open-pit deposit, indicating good economic potential.

Negative factors

  • The grade-width product (8.536 g/t·m) is below the weak threshold, limiting overall materiality.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“1.94”

Context: 4.4

HT25-03Golden Queen · silverGrade: 27Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
HT25-03
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
27
Grade Unit
g/t
Intercept
4.4 m
From
23.5 m
To
27.9 m
Hole Depth
201 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-03:23.5-27.9
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-52 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 27 g/t over 4.4m is below the weak threshold for an open-pit deposit, making it of low economic significance. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 27 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“27”

Context: 4.4

HT25-03Golden Queen · goldGrade: 0.43Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
HT25-03
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
0.9 m
From
32.5 m
To
33.3 m
Hole Depth
201 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-03:32.5-33.3
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-52 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.43 g/t over a very narrow 0.9m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.43 g/t is at the weak threshold for an open-pit deposit, but the very narrow width (0.9m) results in a very low grade-width product (0.387 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.43”

Context: 0.9

HT25-03Golden Queen · silverGrade: 8Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
HT25-03
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
8
Grade Unit
g/t
Intercept
0.9 m
From
32.5 m
To
33.3 m
Hole Depth
201 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-03:32.5-33.3
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-52 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 8 g/t over 0.9m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 8 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“8”

Context: 0.9

HT25-03Golden Queen · goldGrade: 0.61Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
HT25-03
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.61
Grade Unit
g/t
Intercept
1.8 m
From
50 m
To
51.8 m
Hole Depth
201 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-03:50.0-51.8
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-52 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.61 g/t over 1.8m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.61 g/t is at the weak threshold for an open-pit deposit, but the narrow width (1.8m) results in a low grade-width product (1.098 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.61”

Context: 1.8

HT25-03Golden Queen · silverGrade: 8Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
HT25-03
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
8
Grade Unit
g/t
Intercept
1.8 m
From
50 m
To
51.8 m
Hole Depth
201 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-03:50.0-51.8
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-52 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 8 g/t over 1.8m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 8 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“8”

Context: 1.8

HT25-04Golden Queen · goldGrade: 0.42Grade Unit: g/tIntercept: 8.9 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.42
Grade Unit
g/t
Intercept
8.9 m
From
34.9 m
To
43.8 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:34.9-43.8
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.42 g/t over 8.9m is at the weak threshold for an open-pit deposit, with a low grade-width product. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.42 g/t is at the weak threshold for an open-pit deposit, and the grade-width product (3.738 g/t·m) is below the weak threshold.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.42”

Context: 8.9

HT25-04Golden Queen · silverGrade: 14Grade Unit: g/tIntercept: 8.9 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
14
Grade Unit
g/t
Intercept
8.9 m
From
34.9 m
To
43.8 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:34.9-43.8
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 14 g/t over 8.9m is below the weak threshold for an open-pit deposit, making it of low economic significance. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 14 g/t is significantly below the weak threshold for an open-pit deposit, indicating low economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“14”

Context: 8.9

HT25-04Golden Queen · goldGrade: 0.36Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
4.9 m
From
59 m
To
63.9 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:59.0-63.9
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.36 g/t over 4.9m is below the weak threshold for an open-pit deposit, making it of low economic significance. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.36 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.36”

Context: 4.9

HT25-04Golden Queen · silverGrade: 9Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
9
Grade Unit
g/t
Intercept
4.9 m
From
59 m
To
63.9 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:59.0-63.9
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 9 g/t over 4.9m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 9 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“9”

Context: 4.9

HT25-04Golden Queen · goldGrade: 0.5Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
0.6 m
From
66.6 m
To
67.2 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:66.6-67.2
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.50 g/t over a very narrow 0.6m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.50 g/t is at the weak threshold for an open-pit deposit, but the very narrow width (0.6m) results in a very low grade-width product (0.3 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.50”

Context: 0.6

HT25-04Golden Queen · silverGrade: 10Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
10
Grade Unit
g/t
Intercept
0.6 m
From
66.6 m
To
67.2 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:66.6-67.2
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 10 g/t over 0.6m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 10 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“10”

Context: 0.6

HT25-04Golden Queen · goldGrade: 0.57Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
0.8 m
From
70 m
To
70.7 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:70.0-70.7
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.57 g/t over a very narrow 0.8m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.57 g/t is at the weak threshold for an open-pit deposit, but the very narrow width (0.8m) results in a very low grade-width product (0.456 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.57”

Context: 0.8

HT25-04Golden Queen · silverGrade: 14Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
14
Grade Unit
g/t
Intercept
0.8 m
From
70 m
To
70.7 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:70.0-70.7
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 14 g/t over 0.8m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 14 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“14”

Context: 0.8

HT25-04Golden Queen · goldGrade: 0.33Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
1.1 m
From
80.6 m
To
81.7 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:80.6-81.7
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.33 g/t over 1.1m is below the weak threshold for an open-pit deposit, making it of low economic significance. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.33 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.33”

Context: 1.1

HT25-04Golden Queen · silverGrade: 21Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
21
Grade Unit
g/t
Intercept
1.1 m
From
80.6 m
To
81.7 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:80.6-81.7
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 21 g/t over 1.1m is below the weak threshold for an open-pit deposit, making it of low economic significance. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 21 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“21”

Context: 1.1

HT25-04Golden Queen · goldGrade: 0.39Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.39
Grade Unit
g/t
Intercept
2.3 m
From
185.6 m
To
187.9 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:185.6-187.9
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.39 g/t over 2.3m is below the weak threshold for an open-pit deposit, making it of low economic significance. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.39 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.39”

Context: 2.3

HT25-04Golden Queen · silverGrade: 1Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
HT25-04
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
1
Grade Unit
g/t
Intercept
2.3 m
From
185.6 m
To
187.9 m
Hole Depth
219 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-04:185.6-187.9
Mining Method
open_pit

Location

Azimuth
212 °
Dip
-68 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 1 g/t over 2.3m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 1 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“1”

Context: 2.3

HT25-05Golden Queen · goldGrade: 1.05Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
HT25-05
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
0.7 m
From
7.9 m
To
8.7 m
Hole Depth
197 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-05:7.9-8.7
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-45 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 1.05 g/t over a very narrow 0.7m is moderate for an open-pit deposit, but the narrow width and low grade-width product limit its materiality. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 1.05 g/t is moderate for an open-pit deposit, but the very narrow width (0.7m) results in a low grade-width product (0.735 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“1.05”

Context: 0.7

HT25-05Golden Queen · silverGrade: 14Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
HT25-05
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
14
Grade Unit
g/t
Intercept
0.7 m
From
7.9 m
To
8.7 m
Hole Depth
197 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-05:7.9-8.7
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-45 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 14 g/t over 0.7m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 14 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“14”

Context: 0.7

HT25-05Golden Queen · goldGrade: 0.4Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
HT25-05
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
2.7 m
From
20.4 m
To
23 m
Hole Depth
197 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-05:20.4-23.0
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-45 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.40 g/t over 2.7m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.40 g/t is at the weak threshold for an open-pit deposit, but the narrow width (2.7m) results in a low grade-width product (1.08 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.40”

Context: 2.7

HT25-05Golden Queen · silverGrade: 4Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
HT25-05
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
4
Grade Unit
g/t
Intercept
2.7 m
From
20.4 m
To
23 m
Hole Depth
197 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-05:20.4-23.0
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-45 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 4 g/t over 2.7m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 4 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“4”

Context: 2.7

HT25-05Golden Queen · goldGrade: 0.49Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
HT25-05
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
1.4 m
From
73.5 m
To
74.9 m
Hole Depth
197 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-05:73.5-74.9
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-45 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 0.49 g/t over 1.4m is of low materiality, with a grade-width product well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 0.49 g/t is at the weak threshold for an open-pit deposit, but the narrow width (1.4m) results in a low grade-width product (0.686 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“0.49”

Context: 1.4

HT25-05Golden Queen · silverGrade: 3Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
HT25-05
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
3
Grade Unit
g/t
Intercept
1.4 m
From
73.5 m
To
74.9 m
Hole Depth
197 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-05:73.5-74.9
Mining Method
open_pit

Location

Azimuth
225 °
Dip
-45 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 3 g/t over 1.4m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“3”

Context: 1.4

HT25-06Golden Queen · goldGrade: 1.26Grade Unit: g/tIntercept: 5.8 mView all details
Link to this fact

Identity

Hole ID
HT25-06
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
1.26
Grade Unit
g/t
Intercept
5.8 m
From
7.9 m
To
13.7 m
Hole Depth
254 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-06:7.9-13.7
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-66 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 1.26 g/t over 5.8m is strong for an open-pit deposit, but the grade-width product is low. The lack of true width information is a negative factor.

Positive factors

  • The gold grade of 1.26 g/t is strong for an open-pit deposit, indicating good economic potential.

Negative factors

  • The grade-width product (7.308 g/t·m) is below the weak threshold, limiting overall materiality.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“1.26”

Context: 5.8

HT25-06Golden Queen · silverGrade: 15Grade Unit: g/tIntercept: 5.8 mView all details
Link to this fact

Identity

Hole ID
HT25-06
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
15
Grade Unit
g/t
Intercept
5.8 m
From
7.9 m
To
13.7 m
Hole Depth
254 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-06:7.9-13.7
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-66 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 15 g/t over 5.8m is below the weak threshold for an open-pit deposit, making it of low economic significance. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 15 g/t is significantly below the weak threshold for an open-pit deposit, indicating low economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“15”

Context: 5.8

HT25-06Golden Queen · goldGrade: 5.11Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
HT25-06
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
5.11
Grade Unit
g/t
Intercept
1.5 m
From
30.2 m
To
31.7 m
Hole Depth
254 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-06:30.2-31.7
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-66 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 5.11 g/t over 1.5m is exceptional for an open-pit deposit, representing a bonanza grade. However, the narrow width and low grade-width product limit its overall materiality. The lack of true width information is a negative factor.

Positive factors

  • The gold grade of 5.11 g/t is exceptional for an open-pit deposit, indicating very high economic potential.

Negative factors

  • The grade-width product (7.665 g/t·m) is below the weak threshold, limiting overall materiality despite the high grade.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“5.11”

Context: 1.5

HT25-06Golden Queen · silverGrade: 11Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
HT25-06
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
11
Grade Unit
g/t
Intercept
1.5 m
From
30.2 m
To
31.7 m
Hole Depth
254 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-06:30.2-31.7
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-66 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 11 g/t over 1.5m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 11 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“11”

Context: 1.5

HT25-06Golden Queen · goldGrade: 1.2Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
HT25-06
Project
Golden Queen
Commodity
gold
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
0.7 m
From
212.2 m
To
212.9 m
Hole Depth
254 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-06:212.2-212.9
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-66 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The gold intercept of 1.20 g/t over a very narrow 0.7m is strong for an open-pit deposit, but the narrow width and low grade-width product limit its materiality. The lack of true width information is a negative factor.

Negative factors

  • The gold grade of 1.20 g/t is strong for an open-pit deposit, but the very narrow width (0.7m) results in a low grade-width product (0.84 g/t·m).
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“1.20”

Context: 0.7

HT25-06Golden Queen · silverGrade: 7Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
HT25-06
Project
Golden Queen
Commodity
silver
Region
california
Reported Region
California
Ticker
APM

Geometry

Grade
7
Grade Unit
g/t
Intercept
0.7 m
From
212.2 m
To
212.9 m
Hole Depth
254 m

Classification

Program
mixed
Sample Type
drill
Group ID
HT25-06:212.2-212.9
Mining Method
open_pit

Location

Azimuth
222 °
Dip
-66 °

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.27
Cutoff Unit
g/t
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: The silver intercept of 7 g/t over 0.7m is of negligible materiality, being well below the weak threshold. The lack of true width information is a negative factor.

Negative factors

  • The silver grade of 7 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.
  • True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

“7”

Context: 0.7

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.