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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7

Original source: https://money.tmx.com/en/quote/APM/news/5608488097117687/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que

Publisher: tmx

Original announcement: 2025-10-16T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas 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 factor: One exceptional gold intercept \(5.11 g/t Au over 1.5m\) was reported, demonstrating high-grade potential.

- Positive factor: Drilling confirmed mineralization continuity, supporting potential mine-life extensions at Golden Queen.

- Positive factor: The company expanded the drill program by an additional 3,800 metres, indicating confidence in the project.

- Positive factor: An updated NI 43-101 compliant mineral resource and reserve statement is anticipated in H1 2026, providing future catalysts.

- Positive factor: Comprehensive QA/QC procedures were disclosed, including a certified lab and QP sign-off, enhancing data credibility.

- Negative factor: Most gold and all silver intercepts were low grade or below weak thresholds for an open-pit deposit.

- Negative factor: Intercept widths were generally narrow, and true widths are not yet known, which could impact resource modeling.

- Negative factor: Some QA/QC results failed and are currently being checked, indicating minor quality control issues.

Facts used in scoring: 52

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Drilling**

Polarity: neutral

Definition: 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 Extension**

Polarity: positive

Definition: 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 Update**

Polarity: neutral

Definition: 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)

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-0)

Golden Queen · gold

#### 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 factor: 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.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.85

Context: 5.2

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-1)

Golden Queen · silver

#### 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 factor: The silver grade of 9 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 9

Context: 5.2

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-2)

Golden Queen · gold

#### 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 factor: 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 \(0.352 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.44

Context: 0.8

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-3)

Golden Queen · silver

#### 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 factor: The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 3

Context: 0.8

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-4)

Golden Queen · gold

#### 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 factor: 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.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.79

Context: 8.0

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-5)

Golden Queen · silver

#### 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 factor: The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 3

Context: 8.0

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-6)

Golden Queen · gold

#### 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 factor: 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 \(1.242 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.46

Context: 2.7

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-7)

Golden Queen · silver

#### 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 factor: The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 3

Context: 2.7

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-8)

Golden Queen · gold

#### 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 factor: 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 \(0.552 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.69

Context: 0.8

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-9)

Golden Queen · silver

#### 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 factor: The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 3

Context: 0.8

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-10)

Golden Queen · gold

#### 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 factor: 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 \(0.531 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.59

Context: 0.9

### HT25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-11)

Golden Queen · silver

#### 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 factor: The silver grade of 5 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 5

Context: 0.9

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-12)

Golden Queen · gold

#### 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 factor: 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 \(1.2 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.80

Context: 1.5

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-13)

Golden Queen · silver

#### 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 factor: The silver grade of 10 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 10

Context: 1.5

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-14)

Golden Queen · gold

#### 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 factor: 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 \(0.798 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 1.14

Context: 0.7

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-15)

Golden Queen · silver

#### 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 factor: The silver grade of 14 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 14

Context: 0.7

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-16)

Golden Queen · gold

#### 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 factor: 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 \(0.559 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.43

Context: 1.3

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-17)

Golden Queen · silver

#### 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 factor: The silver grade of 9 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 9

Context: 1.3

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-18)

Golden Queen · gold

#### 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 factor: 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 \(1.368 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.57

Context: 2.4

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-19)

Golden Queen · silver

#### 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 factor: The silver grade of 4 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 4

Context: 2.4

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-20)

Golden Queen · gold

#### 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 factor: 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 \(0.891 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.99

Context: 0.9

### HT25-02A

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-21)

Golden Queen · silver

#### 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 factor: The silver grade of 4 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 4

Context: 0.9

### HT25-03

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-22)

Golden Queen · gold

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

- Negative factor: The grade-width product \(8.536 g/t·m\) is below the weak threshold, limiting overall materiality.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 1.94

Context: 4.4

### HT25-03

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-23)

Golden Queen · silver

#### 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 factor: The silver grade of 27 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 27

Context: 4.4

### HT25-03

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-24)

Golden Queen · gold

#### 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 factor: 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 \(0.387 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.43

Context: 0.9

### HT25-03

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-25)

Golden Queen · silver

#### 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 factor: The silver grade of 8 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 8

Context: 0.9

### HT25-03

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-26)

Golden Queen · gold

#### 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 factor: 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 \(1.098 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.61

Context: 1.8

### HT25-03

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-27)

Golden Queen · silver

#### 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 factor: The silver grade of 8 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 8

Context: 1.8

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-28)

Golden Queen · gold

#### 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 factor: 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.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.42

Context: 8.9

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-29)

Golden Queen · silver

#### 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 factor: The silver grade of 14 g/t is significantly below the weak threshold for an open-pit deposit, indicating low economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 14

Context: 8.9

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-30)

Golden Queen · gold

#### 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 factor: The gold grade of 0.36 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.36

Context: 4.9

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-31)

Golden Queen · silver

#### 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 factor: The silver grade of 9 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 9

Context: 4.9

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-32)

Golden Queen · gold

#### 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 factor: 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 \(0.3 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.50

Context: 0.6

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-33)

Golden Queen · silver

#### 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 factor: The silver grade of 10 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 10

Context: 0.6

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-34)

Golden Queen · gold

#### 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 factor: 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 \(0.456 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.57

Context: 0.8

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-35)

Golden Queen · silver

#### 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 factor: The silver grade of 14 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 14

Context: 0.8

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-36)

Golden Queen · gold

#### 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 factor: The gold grade of 0.33 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.33

Context: 1.1

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-37)

Golden Queen · silver

#### 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 factor: The silver grade of 21 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 21

Context: 1.1

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-38)

Golden Queen · gold

#### 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 factor: The gold grade of 0.39 g/t is below the weak threshold for an open-pit deposit, indicating low economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.39

Context: 2.3

### HT25-04

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-39)

Golden Queen · silver

#### 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 factor: The silver grade of 1 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 1

Context: 2.3

### HT25-05

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-40)

Golden Queen · gold

#### 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 factor: 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 \(0.735 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 1.05

Context: 0.7

### HT25-05

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-41)

Golden Queen · silver

#### 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 factor: The silver grade of 14 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 14

Context: 0.7

### HT25-05

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-42)

Golden Queen · gold

#### 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 factor: 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 \(1.08 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.40

Context: 2.7

### HT25-05

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-43)

Golden Queen · silver

#### 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 factor: The silver grade of 4 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 4

Context: 2.7

### HT25-05

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-44)

Golden Queen · gold

#### 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 factor: 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 \(0.686 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 0.49

Context: 1.4

### HT25-05

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-45)

Golden Queen · silver

#### 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 factor: The silver grade of 3 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 3

Context: 1.4

### HT25-06

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-46)

Golden Queen · gold

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

- Negative factor: The grade-width product \(7.308 g/t·m\) is below the weak threshold, limiting overall materiality.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 1.26

Context: 5.8

### HT25-06

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-47)

Golden Queen · silver

#### 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 factor: The silver grade of 15 g/t is significantly below the weak threshold for an open-pit deposit, indicating low economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 15

Context: 5.8

### HT25-06

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-48)

Golden Queen · gold

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

- Negative factor: The grade-width product \(7.665 g/t·m\) is below the weak threshold, limiting overall materiality despite the high grade.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 5.11

Context: 1.5

### HT25-06

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-49)

Golden Queen · silver

#### 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 factor: The silver grade of 11 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 11

Context: 1.5

### HT25-06

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-50)

Golden Queen · gold

#### 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 factor: 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 \(0.84 g/t·m\).

- Negative factor: True width is not known, which introduces uncertainty regarding the actual thickness of mineralization.

Evidence · table

> 1.20

Context: 0.7

### HT25-06

[Link to this fact](https://atlas-staging.minestarters.com/news/andean-precious-metals-provides-update-on-2025-exploration-results-at-golden-que--a8831f74-d567-4c89-8379-7475f1e1c2e7#fact-drill-facts-51)

Golden Queen · silver

#### 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 factor: The silver grade of 7 g/t is significantly below the weak threshold for an open-pit deposit, indicating negligible economic significance.

- Negative factor: 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.
