Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong Grades Directly From Surface 750 Metres Beyond Resource

Original announcement by accesswire on

Company
Axo Metals Corp.
Ticker
AXO
Exchange
Unavailable
Region
Sonora, Mexico
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-14 11:40:04 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Axo Metals Corp. announced strong gold drill results from its San Antonio project in Sonora, Mexico, including a significant step-out discovery at the Luz del Cobre target, 750 meters beyond the existing resource. Highlights include 18.0 meters at 8.15 g/t Au from Sapuchi and 46.5 meters at 1.43 g/t Au from surface at Luz del Cobre. The company is pursuing both resource conversion within the Sapuchi deposit and exploration for new mineralization, with all drill results passing QA/QC protocols.

Reasoning: The announcement reports strong gold drill results, including a significant step-out discovery at the Luz del Cobre target, which materially expands the known mineralized footprint. High-grade and wide intercepts from shallow depths are positive for potential open-pit development. While the lack of true width for vertical holes is a drawback, the overall results are highly encouraging for resource expansion and project economics.

Positive factors

  • Significant step-out drilling success at Luz del Cobre, extending mineralization 750m beyond the existing resource boundary, indicating potential for resource growth.
  • High-grade gold intercepts, including 18.0m at 8.15 g/t Au, demonstrate strong mineralization within the Sapuchi deposit.
  • Multiple wide intercepts of moderate to strong gold grades, often from surface or shallow depths, support the potential for open-pit mining, particularly for a starter pit at Sapuchi.
  • QA/QC procedures are disclosed, and a Qualified Person has reviewed and approved the technical information, enhancing data credibility.

Negative factors

  • All reported drill holes are vertical with no true width stated, which may overstate the actual thickness of mineralization.
  • Trenching results, while encouraging, are preliminary and not yet verified by an independent, certified commercial laboratory.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 68

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The document highlights 'First Step Out Drilling Reports Strong Grades Directly From Surface 750 Metres Beyond Resource' and 'All drilling in the Luz del Cobre area and the gap zone between Luz del Cobre and Sapuchi is outside current resources and provides resource upside.'

Evidence · text

“First Step Out Drilling Reports Strong Grades Directly From Surface 750 Metres Beyond Resource”

Bonanza Interceptpositive

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

Why it applies: Hole SOSAP-26-039 returned 18.0 metres of 8.15 g/t Au, which is an exceptional grade (>=5 g/t Au) over a significant width.

Evidence · text

“Hole SOSAP-26-039 which assayed 8.15g/t Au over 18.0 metres from only 18 metres down the hole at Sapuchi.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The goal of the Sapuchi drill program is to target opportunities to convert areas within the block model that were previously considered as waste, in addition to upgrading resource confidence.

Evidence · text

“The goal of the Sapuchi drill program is to target opportunities to convert areas within the block model that were previously considered as waste, in addition to upgrading resource confidence.”

QA/QC Disclosedpositive

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

Why it applies: The release states 'All results stated in this announcement have passed Axo's QA/QC protocols' and details the procedures including certified reference materials, blanks, and duplicates.

Evidence · text

“All results stated in this announcement have passed Axo's QA/QC protocols.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Charles Spath, P. Geo., is the Qualified Person for Axo Metals Corp., as defined under National Instrument 43-101, and has reviewed and approved the scientific and technical information.

Evidence · text

“Charles Spath, P. Geo., is the Qualified Person for Axo Metals Corp., as defined under National Instrument 43-101, and is non-independent. Mr. Spath has reviewed and approved the scientific and technical information in this press release.”

Apparent Width Onlynegative

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

Why it applies: All drill holes are reported with a dip of -90 degrees (vertical) and no true width is stated, meaning the reported lengths are downhole widths and may not represent true thickness.

Evidence · table

“-90”

Context: SOSAP-26-022

Extracted facts

Stored fact records: 68. Some facts used in scoring do not have a stored record.

Drill Results (68)

SOSAP-26-022San Antonio · goldGrade: 0.56Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-022
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.56
Grade Unit
g/t
Intercept
6 m
From
61.5 m
To
67.5 m
Hole Depth
200 m
Intercept Depth
61.5 m

Classification

Sample Type
drill
Group ID
SOSAP-26-022:61.5-67.5

Location

Location
Sapuchi
Easting
632060.8
Northing
3167956.5
Elevation
697.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a narrow width, contributing marginally to the overall resource understanding.

Negative factors

  • Grade is weak according to the gold rubric (0.56 g/t Au).

Evidence · table

“0.56”

Context: 6.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-022San Antonio · goldGrade: 0.85Grade Unit: g/tIntercept: 51 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-022
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.85
Grade Unit
g/t
Intercept
51 m
From
145.5 m
To
196.5 m
Hole Depth
200 m
Intercept Depth
145.5 m

Classification

Sample Type
drill
Group ID
SOSAP-26-022:145.5-196.5

Location

Location
Sapuchi
Easting
632060.8
Northing
3167956.5
Elevation
697.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows good continuity over a significant width (51.0 m).

Negative factors

  • Grade is weak according to the gold rubric (0.85 g/t Au).

Evidence · table

“0.85”

Context: 51.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-022San Antonio · goldGrade: 3.1Grade Unit: g/tIntercept: 6.63 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-022
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
3.1
Grade Unit
g/t
Intercept
6.63 m
From
164 m
To
170.63 m
Hole Depth
200 m
Intercept Depth
164 m

Classification

Sample Type
drill
Group ID
SOSAP-26-022:164-170.63

Location

Location
Sapuchi
Easting
632060.8
Northing
3167956.5
Elevation
697.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization within a broader zone, indicating higher-grade pockets.

Positive factors

  • Grade is strong according to the gold rubric (3.10 g/t Au).

Evidence · table

“3.10”

Context: 6.63

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-024San Antonio · goldGrade: 1.24Grade Unit: g/tIntercept: 69.62 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-024
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.24
Grade Unit
g/t
Intercept
69.62 m
From
102.38 m
To
172 m
Hole Depth
200 m
Intercept Depth
102.38 m

Classification

Sample Type
drill
Group ID
SOSAP-26-024:102.38-172

Location

Location
Sapuchi
Easting
632013.4
Northing
3167965.9
Elevation
693.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates moderate gold mineralization over a substantial width, contributing positively to the resource definition.

Positive factors

  • Intercept shows strong continuity over a significant width (69.62 m).
  • Grade is moderate according to the gold rubric (1.24 g/t Au).

Evidence · table

“1.24”

Context: 69.62

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-024San Antonio · goldGrade: 2.17Grade Unit: g/tIntercept: 11.42 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-024
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.17
Grade Unit
g/t
Intercept
11.42 m
From
118.72 m
To
130.14 m
Hole Depth
200 m
Intercept Depth
118.72 m

Classification

Sample Type
drill
Group ID
SOSAP-26-024:118.72-130.14

Location

Location
Sapuchi
Easting
632013.4
Northing
3167965.9
Elevation
693.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Grade is strong according to the gold rubric (2.17 g/t Au).

Evidence · table

“2.17”

Context: 11.42

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-024San Antonio · goldGrade: 2.55Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-024
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.55
Grade Unit
g/t
Intercept
7 m
From
138 m
To
145 m
Hole Depth
200 m
Intercept Depth
138 m

Classification

Sample Type
drill
Group ID
SOSAP-26-024:138-145

Location

Location
Sapuchi
Easting
632013.4
Northing
3167965.9
Elevation
693.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization, further enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Grade is strong according to the gold rubric (2.55 g/t Au).

Evidence · table

“2.55”

Context: 7.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-024San Antonio · goldGrade: 2.75Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-024
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.75
Grade Unit
g/t
Intercept
4.8 m
From
161.7 m
To
166.5 m
Hole Depth
200 m
Intercept Depth
161.7 m

Classification

Sample Type
drill
Group ID
SOSAP-26-024:161.7-166.5

Location

Location
Sapuchi
Easting
632013.4
Northing
3167965.9
Elevation
693.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is strong according to the gold rubric (2.75 g/t Au).

Evidence · table

“2.75”

Context: 4.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-025San Antonio · goldGrade: 0.87Grade Unit: g/tIntercept: 75 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-025
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.87
Grade Unit
g/t
Intercept
75 m
From
0 m
To
75 m
Hole Depth
174 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
SOSAP-26-025:0-75

Location

Location
Sapuchi
Easting
631839.4
Northing
3167921.8
Elevation
679.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This wide intercept from surface, though of weak grade, is positive for potential bulk tonnage open-pit scenarios and resource definition.

Positive factors

  • Intercept shows continuous mineralization from surface over a very significant width (75.0 m).
  • Grade is weak but consistent over a large interval (0.87 g/t Au).

Evidence · table

“0.87”

Context: 75.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-025San Antonio · goldGrade: 2.34Grade Unit: g/tIntercept: 7.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-025
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.34
Grade Unit
g/t
Intercept
7.1 m
From
31.3 m
To
38.4 m
Hole Depth
174 m
Intercept Depth
31.3 m

Classification

Sample Type
drill
Group ID
SOSAP-26-025:31.3-38.4

Location

Location
Sapuchi
Easting
631839.4
Northing
3167921.8
Elevation
679.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization within a broader zone, indicating higher-grade pockets near surface.

Positive factors

  • Grade is strong according to the gold rubric (2.34 g/t Au).

Evidence · table

“2.34”

Context: 7.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-025San Antonio · goldGrade: 1.74Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-025
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.74
Grade Unit
g/t
Intercept
6.6 m
From
57.15 m
To
63.75 m
Hole Depth
174 m
Intercept Depth
57.15 m

Classification

Sample Type
drill
Group ID
SOSAP-26-025:57.15-63.75

Location

Location
Sapuchi
Easting
631839.4
Northing
3167921.8
Elevation
679.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.74 g/t Au).

Evidence · table

“1.74”

Context: 6.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-025San Antonio · goldGrade: 0.59Grade Unit: g/tIntercept: 20.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-025
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
20.4 m
From
97.8 m
To
118.2 m
Hole Depth
174 m
Intercept Depth
97.8 m

Classification

Sample Type
drill
Group ID
SOSAP-26-025:97.8-118.2

Location

Location
Sapuchi
Easting
631839.4
Northing
3167921.8
Elevation
679.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows strong continuity over a significant width (20.4 m).

Negative factors

  • Grade is weak according to the gold rubric (0.59 g/t Au).

Evidence · table

“0.59”

Context: 20.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-027San Antonio · goldGrade: 1.16Grade Unit: g/tIntercept: 47.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
47.1 m
From
13.1 m
To
60.2 m
Hole Depth
215 m
Intercept Depth
13.1 m

Classification

Sample Type
drill
Group ID
SOSAP-26-027:13.1-60.2

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This wide intercept of moderate gold grade from shallow depth is a positive result for resource definition and potential open-pit mining.

Positive factors

  • Intercept shows strong continuity over a significant width (47.1 m) from shallow depth.
  • Grade is moderate according to the gold rubric (1.16 g/t Au).

Evidence · table

“1.16”

Context: 47.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-027San Antonio · goldGrade: 3.01Grade Unit: g/tIntercept: 9.45 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
3.01
Grade Unit
g/t
Intercept
9.45 m
From
13.9 m
To
23.35 m
Hole Depth
215 m
Intercept Depth
13.9 m

Classification

Sample Type
drill
Group ID
SOSAP-26-027:13.9-23.35

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization near surface, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Grade is strong according to the gold rubric (3.01 g/t Au).

Evidence · table

“3.01”

Context: 9.45

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-027San Antonio · goldGrade: 1.03Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
7.4 m
From
35.6 m
To
43 m
Hole Depth
215 m
Intercept Depth
35.6 m

Classification

Sample Type
drill
Group ID
SOSAP-26-027:35.6-43

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.03 g/t Au).

Evidence · table

“1.03”

Context: 7.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-027San Antonio · goldGrade: 2.78Grade Unit: g/tIntercept: 2.25 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.78
Grade Unit
g/t
Intercept
2.25 m
From
57.95 m
To
60.2 m
Hole Depth
215 m
Intercept Depth
57.95 m

Classification

Sample Type
drill
Group ID
SOSAP-26-027:57.95-60.2

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is strong according to the gold rubric (2.78 g/t Au).

Evidence · table

“2.78”

Context: 2.25

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-027San Antonio · goldGrade: 2.62Grade Unit: g/tIntercept: 4.95 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.62
Grade Unit
g/t
Intercept
4.95 m
From
72.6 m
To
77.55 m
Hole Depth
215 m
Intercept Depth
72.6 m

Classification

Sample Type
drill
Group ID
SOSAP-26-027:72.6-77.55

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is strong according to the gold rubric (2.62 g/t Au).

Evidence · table

“2.62”

Context: 4.95

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-028San Antonio · goldGrade: 1.2Grade Unit: g/tIntercept: 49.67 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-028
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
49.67 m
From
78.83 m
To
128.5 m
Hole Depth
190 m
Intercept Depth
78.83 m

Classification

Sample Type
drill
Group ID
SOSAP-26-028:78.83-128.5

Location

Location
Sapuchi
Easting
631976
Northing
3167967.6
Elevation
689 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This wide intercept of moderate gold grade is a positive result for resource definition and potential open-pit mining.

Positive factors

  • Intercept shows strong continuity over a significant width (49.67 m).
  • Grade is moderate according to the gold rubric (1.20 g/t Au).

Evidence · table

“1.20”

Context: 49.67

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-028San Antonio · goldGrade: 1.91Grade Unit: g/tIntercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-028
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.91
Grade Unit
g/t
Intercept
18.11 m
From
97.24 m
To
115.35 m
Hole Depth
190 m
Intercept Depth
97.24 m

Classification

Sample Type
drill
Group ID
SOSAP-26-028:97.24-115.35

Location

Location
Sapuchi
Easting
631976
Northing
3167967.6
Elevation
689 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization over a good width, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.91 g/t Au).

Evidence · table

“1.91”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-029San Antonio · goldGrade: 0.71Grade Unit: g/tIntercept: 23.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-029
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
23.1 m
From
106.45 m
To
129.55 m
Hole Depth
150 m
Intercept Depth
106.45 m

Classification

Sample Type
drill
Group ID
SOSAP-26-029:106.45-129.55

Location

Location
Sapuchi
Easting
632036.6
Northing
3167829.6
Elevation
637.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows strong continuity over a significant width (23.1 m).

Negative factors

  • Grade is weak according to the gold rubric (0.71 g/t Au).

Evidence · table

“0.71”

Context: 23.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-029San Antonio · goldGrade: 1.23Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-029
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
4.9 m
From
107.25 m
To
112.15 m
Hole Depth
150 m
Intercept Depth
107.25 m

Classification

Sample Type
drill
Group ID
SOSAP-26-029:107.25-112.15

Location

Location
Sapuchi
Easting
632036.6
Northing
3167829.6
Elevation
637.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.23 g/t Au).

Evidence · table

“1.23”

Context: 4.90

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-029San Antonio · goldGrade: 1.21Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-029
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.21
Grade Unit
g/t
Intercept
4 m
From
122.2 m
To
126.2 m
Hole Depth
150 m
Intercept Depth
122.2 m

Classification

Sample Type
drill
Group ID
SOSAP-26-029:122.2-126.2

Location

Location
Sapuchi
Easting
632036.6
Northing
3167829.6
Elevation
637.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.21 g/t Au).

Evidence · table

“1.21”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-030San Antonio · goldGrade: 0.93Grade Unit: g/tIntercept: 44 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-030
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
44 m
From
55 m
To
99 m
Hole Depth
180 m
Intercept Depth
55 m

Classification

Sample Type
drill
Group ID
SOSAP-26-030:55-99

Location

Location
Sapuchi
Easting
631968
Northing
3167986.1
Elevation
676.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows strong continuity over a significant width (44.0 m).

Negative factors

  • Grade is weak according to the gold rubric (0.93 g/t Au).

Evidence · table

“0.93”

Context: 44.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-030San Antonio · goldGrade: 1.82Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-030
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.82
Grade Unit
g/t
Intercept
8 m
From
55 m
To
63 m
Hole Depth
180 m
Intercept Depth
55 m

Classification

Sample Type
drill
Group ID
SOSAP-26-030:55-63

Location

Location
Sapuchi
Easting
631968
Northing
3167986.1
Elevation
676.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.82 g/t Au).

Evidence · table

“1.82”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-030San Antonio · goldGrade: 1.77Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-030
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.77
Grade Unit
g/t
Intercept
4.5 m
From
88.5 m
To
93 m
Hole Depth
180 m
Intercept Depth
88.5 m

Classification

Sample Type
drill
Group ID
SOSAP-26-030:88.5-93

Location

Location
Sapuchi
Easting
631968
Northing
3167986.1
Elevation
676.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.77 g/t Au).

Evidence · table

“1.77”

Context: 4.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-031San Antonio · goldGrade: 1.12Grade Unit: g/tIntercept: 24.75 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-031
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
24.75 m
From
176.25 m
To
201 m
Hole Depth
201 m
Intercept Depth
176.25 m

Classification

Sample Type
drill
Group ID
SOSAP-26-031:176.25-201

Location

Location
Sapuchi
Easting
632214
Northing
3167964.8
Elevation
733.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates moderate gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows strong continuity over a significant width (24.75 m).
  • Grade is moderate according to the gold rubric (1.12 g/t Au).

Evidence · table

“1.12”

Context: 24.75

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-031San Antonio · goldGrade: 1.81Grade Unit: g/tIntercept: 4.35 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-031
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.81
Grade Unit
g/t
Intercept
4.35 m
From
177 m
To
181.35 m
Hole Depth
201 m
Intercept Depth
177 m

Classification

Sample Type
drill
Group ID
SOSAP-26-031:177-181.35

Location

Location
Sapuchi
Easting
632214
Northing
3167964.8
Elevation
733.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.81 g/t Au).

Evidence · table

“1.81”

Context: 4.35

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-031San Antonio · goldGrade: 1.65Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-031
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.65
Grade Unit
g/t
Intercept
5.3 m
From
195.7 m
To
201 m
Hole Depth
201 m
Intercept Depth
195.7 m

Classification

Sample Type
drill
Group ID
SOSAP-26-031:195.7-201

Location

Location
Sapuchi
Easting
632214
Northing
3167964.8
Elevation
733.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.65 g/t Au).

Evidence · table

“1.65”

Context: 5.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-032San Antonio · goldGrade: 1Grade Unit: g/tIntercept: 14.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-032
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1
Grade Unit
g/t
Intercept
14.3 m
From
25 m
To
39.3 m
Hole Depth
180 m
Intercept Depth
25 m

Classification

Sample Type
drill
Group ID
SOSAP-26-032:25-39.3

Location

Location
Sapuchi
Easting
632011.1
Northing
3167718.9
Elevation
576.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows moderate gold mineralization over a good width, contributing to the overall understanding of the deposit.

Positive factors

  • Grade is moderate according to the gold rubric (1.00 g/t Au).

Evidence · table

“1.00”

Context: 14.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-032San Antonio · goldGrade: 1.65Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-032
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.65
Grade Unit
g/t
Intercept
2 m
From
25 m
To
27 m
Hole Depth
180 m
Intercept Depth
25 m

Classification

Sample Type
drill
Group ID
SOSAP-26-032:25-27

Location

Location
Sapuchi
Easting
632011.1
Northing
3167718.9
Elevation
576.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.65 g/t Au).

Evidence · table

“1.65”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-032San Antonio · goldGrade: 2.26Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-032
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.26
Grade Unit
g/t
Intercept
2.85 m
From
35.05 m
To
37.9 m
Hole Depth
180 m
Intercept Depth
35.05 m

Classification

Sample Type
drill
Group ID
SOSAP-26-032:35.05-37.9

Location

Location
Sapuchi
Easting
632011.1
Northing
3167718.9
Elevation
576.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is strong according to the gold rubric (2.26 g/t Au).

Evidence · table

“2.26”

Context: 2.85

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-033San Antonio · goldGrade: 0.69Grade Unit: g/tIntercept: 14.45 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-033
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
14.45 m
From
106 m
To
120.45 m
Hole Depth
197 m
Intercept Depth
106 m

Classification

Sample Type
drill
Group ID
SOSAP-26-033:106-120.45

Location

Location
Sapuchi
Easting
632115.8
Northing
3167914.5
Elevation
697.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a moderate width, contributing to the overall understanding of the deposit.

Negative factors

  • Grade is weak according to the gold rubric (0.69 g/t Au).

Evidence · table

“0.69”

Context: 14.45

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-033San Antonio · goldGrade: 0.6Grade Unit: g/tIntercept: 12.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-033
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
12.8 m
From
171 m
To
183.8 m
Hole Depth
197 m
Intercept Depth
171 m

Classification

Sample Type
drill
Group ID
SOSAP-26-033:171-183.8

Location

Location
Sapuchi
Easting
632115.8
Northing
3167914.5
Elevation
697.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a moderate width, contributing marginally to the overall resource understanding.

Negative factors

  • Grade is weak according to the gold rubric (0.60 g/t Au).

Evidence · table

“0.60”

Context: 12.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-033San Antonio · goldGrade: 1.2Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-033
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
3.05 m
From
176.1 m
To
179.15 m
Hole Depth
197 m
Intercept Depth
176.1 m

Classification

Sample Type
drill
Group ID
SOSAP-26-033:176.1-179.15

Location

Location
Sapuchi
Easting
632115.8
Northing
3167914.5
Elevation
697.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.20 g/t Au).

Evidence · table

“1.20”

Context: 3.05

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-034San Antonio · goldGrade: 1.43Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-034
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
3.4 m
From
32 m
To
35.4 m
Hole Depth
188 m
Intercept Depth
32 m

Classification

Sample Type
drill
Group ID
SOSAP-26-034:32-35.4

Location

Location
Sapuchi
Easting
632047.4
Northing
3167725.9
Elevation
575.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows moderate gold mineralization over a narrow width, contributing to the overall understanding of the deposit.

Positive factors

  • Grade is moderate according to the gold rubric (1.43 g/t Au).

Evidence · table

“1.43”

Context: 3.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-035San Antonio · goldGrade: 0.97Grade Unit: g/tIntercept: 20.6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-035
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.97
Grade Unit
g/t
Intercept
20.6 m
From
48.4 m
To
69 m
Hole Depth
183 m
Intercept Depth
48.4 m

Classification

Sample Type
drill
Group ID
SOSAP-26-035:48.4-69

Location

Location
Sapuchi
Easting
631723.3
Northing
3167912.1
Elevation
725 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows strong continuity over a significant width (20.6 m).

Negative factors

  • Grade is weak according to the gold rubric (0.97 g/t Au).

Evidence · table

“0.97”

Context: 20.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-035San Antonio · goldGrade: 1.46Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-035
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
8 m
From
61 m
To
69 m
Hole Depth
183 m
Intercept Depth
61 m

Classification

Sample Type
drill
Group ID
SOSAP-26-035:61-69

Location

Location
Sapuchi
Easting
631723.3
Northing
3167912.1
Elevation
725 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.46 g/t Au).

Evidence · table

“1.46”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-036San Antonio · goldGrade: 6.85Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-036
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
6.85
Grade Unit
g/t
Intercept
0.5 m
From
117 m
To
117.5 m
Hole Depth
180 m
Intercept Depth
117 m

Classification

Sample Type
drill
Group ID
SOSAP-26-036:117-117.5

Location

Location
Sapuchi
Easting
631679.9
Northing
3167754.6
Elevation
616.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows exceptional gold grade but over a very narrow width, limiting its overall materiality.

Positive factors

  • Grade is exceptional according to the gold rubric (6.85 g/t Au).

Negative factors

  • Intercept is very narrow (0.5 m).

Evidence · table

“6.85”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-037San Antonio · goldGrade: 0.35Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-037
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
15 m
From
0 m
To
15 m
Hole Depth
153 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
SOSAP-26-037:0-15

Location

Location
LDC
Easting
632699.1
Northing
3167943.5
Elevation
645.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization from surface, but its location at the LDC target adds some novelty as step-out drilling.

Positive factors

  • Intercept from surface over a moderate width (15.0 m).

Negative factors

  • Grade is weak according to the gold rubric (0.35 g/t Au).

Evidence · table

“0.35”

Context: 15.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-038San Antonio · goldGrade: 0.28Grade Unit: g/tIntercept: 24.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-038
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.28
Grade Unit
g/t
Intercept
24.8 m
From
97.05 m
To
121.85 m
Hole Depth
184.9 m
Intercept Depth
97.05 m

Classification

Sample Type
drill
Group ID
SOSAP-26-038:97.05-121.85

Location

Location
Sapuchi
Easting
631828.4
Northing
3167787.5
Elevation
602 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows very weak gold mineralization over a continuous width, contributing marginally to the overall resource understanding.

Positive factors

  • Intercept shows strong continuity over a significant width (24.8 m).

Negative factors

  • Grade is below the weak threshold according to the gold rubric (0.28 g/t Au).

Evidence · table

“0.28”

Context: 24.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-038San Antonio · goldGrade: 0.76Grade Unit: g/tIntercept: 6.65 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-038
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.76
Grade Unit
g/t
Intercept
6.65 m
From
111.85 m
To
118.5 m
Hole Depth
184.9 m
Intercept Depth
111.85 m

Classification

Sample Type
drill
Group ID
SOSAP-26-038:111.85-118.5

Location

Location
Sapuchi
Easting
631828.4
Northing
3167787.5
Elevation
602 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows weak gold mineralization, contributing to the overall grade profile of the broader intercept.

Negative factors

  • Grade is weak according to the gold rubric (0.76 g/t Au).

Evidence · table

“0.76”

Context: 6.65

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-039San Antonio · goldGrade: 8.15Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-039
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
8.15
Grade Unit
g/t
Intercept
18 m
From
18 m
To
36 m
Hole Depth
180 m
Intercept Depth
18 m

Classification

Sample Type
drill
Group ID
SOSAP-26-039:18-36

Location

Location
Sapuchi
Easting
631777.7
Northing
3167828.3
Elevation
653.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This is a bonanza intercept with exceptional gold grade over a significant width from shallow depth, representing a highly material result for the Sapuchi deposit.

Positive factors

  • Grade is exceptional according to the gold rubric (8.15 g/t Au).
  • Intercept shows strong continuity over a significant width (18.0 m).
  • High-grade mineralization from shallow depth (18.0 m).

Evidence · table

“8.15”

Context: 18.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-039San Antonio · goldGrade: 11.71Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-039
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
11.71
Grade Unit
g/t
Intercept
12 m
From
24 m
To
36 m
Hole Depth
180 m
Intercept Depth
24 m

Classification

Sample Type
drill
Group ID
SOSAP-26-039:24-36

Location

Location
Sapuchi
Easting
631777.7
Northing
3167828.3
Elevation
653.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval represents an even higher-grade bonanza zone within the broader intercept, significantly enhancing its materiality.

Positive factors

  • Grade is exceptional according to the gold rubric (11.71 g/t Au).
  • Intercept shows strong continuity over a significant width (12.0 m).

Evidence · table

“11.71”

Context: 12.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-040San Antonio · goldGrade: 0.55Grade Unit: g/tIntercept: 24.15 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-040
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
24.15 m
From
19.35 m
To
43.5 m
Hole Depth
154.5 m
Intercept Depth
19.35 m

Classification

Sample Type
drill
Group ID
SOSAP-26-040:19.35-43.5

Location

Location
LDC
Easting
633019.5
Northing
3168105.1
Elevation
520.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept, while of weak grade, is significant due to its location in the new Luz del Cobre target, indicating mineralization in a step-out area.

Positive factors

  • Intercept shows strong continuity over a significant width (24.15 m) from shallow depth.
  • Located in the new Luz del Cobre target, representing step-out drilling.

Negative factors

  • Grade is weak according to the gold rubric (0.55 g/t Au).

Evidence · table

“0.55”

Context: 24.15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-040San Antonio · goldGrade: 2.53Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-040
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.53
Grade Unit
g/t
Intercept
3.25 m
From
21.7 m
To
24.95 m
Hole Depth
154.5 m
Intercept Depth
21.7 m

Classification

Sample Type
drill
Group ID
SOSAP-26-040:21.7-24.95

Location

Location
LDC
Easting
633019.5
Northing
3168105.1
Elevation
520.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows strong gold mineralization in the new Luz del Cobre target, adding to the positive step-out results.

Positive factors

  • Grade is strong according to the gold rubric (2.53 g/t Au).
  • Located in the new Luz del Cobre target, representing step-out drilling.

Evidence · table

“2.53”

Context: 3.25

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-040San Antonio · goldGrade: 1.08Grade Unit: g/tIntercept: 6.55 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-040
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.08
Grade Unit
g/t
Intercept
6.55 m
From
35.9 m
To
42.45 m
Hole Depth
154.5 m
Intercept Depth
35.9 m

Classification

Sample Type
drill
Group ID
SOSAP-26-040:35.9-42.45

Location

Location
LDC
Easting
633019.5
Northing
3168105.1
Elevation
520.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization in the new Luz del Cobre target, contributing to the positive step-out results.

Positive factors

  • Grade is moderate according to the gold rubric (1.08 g/t Au).
  • Located in the new Luz del Cobre target, representing step-out drilling.

Evidence · table

“1.08”

Context: 6.55

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-041San Antonio · goldGrade: 5.97Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-041
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
5.97
Grade Unit
g/t
Intercept
1.3 m
From
163.7 m
To
165 m
Hole Depth
192 m
Intercept Depth
163.7 m

Classification

Sample Type
drill
Group ID
SOSAP-26-041:163.7-165

Location

Location
Sapuchi
Easting
631768.7
Northing
3167780.4
Elevation
642.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows exceptional gold grade but over a very narrow width, limiting its overall materiality.

Positive factors

  • Grade is exceptional according to the gold rubric (5.97 g/t Au).

Negative factors

  • Intercept is very narrow (1.3 m).

Evidence · table

“5.97”

Context: 1.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-042San Antonio · goldGrade: 0.68Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-042
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
9 m
From
47 m
To
56 m
Hole Depth
180 m
Intercept Depth
47 m

Classification

Sample Type
drill
Group ID
SOSAP-26-042:47-56

Location

Location
Sapuchi
Easting
631780.7
Northing
3167646.9
Elevation
595.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a moderate width, contributing to the overall understanding of the deposit.

Negative factors

  • Grade is weak according to the gold rubric (0.68 g/t Au).

Evidence · table

“0.68”

Context: 9.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-042San Antonio · goldGrade: 1.3Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-042
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
4 m
From
47 m
To
51 m
Hole Depth
180 m
Intercept Depth
47 m

Classification

Sample Type
drill
Group ID
SOSAP-26-042:47-51

Location

Location
Sapuchi
Easting
631780.7
Northing
3167646.9
Elevation
595.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.30 g/t Au).

Evidence · table

“1.30”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-042San Antonio · goldGrade: 0.75Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-042
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.75
Grade Unit
g/t
Intercept
13.5 m
From
60 m
To
73.5 m
Hole Depth
180 m
Intercept Depth
60 m

Classification

Sample Type
drill
Group ID
SOSAP-26-042:60-73.5

Location

Location
Sapuchi
Easting
631780.7
Northing
3167646.9
Elevation
595.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a moderate width, contributing to the overall understanding of the deposit.

Negative factors

  • Grade is weak according to the gold rubric (0.75 g/t Au).

Evidence · table

“0.75”

Context: 13.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-042San Antonio · goldGrade: 0.67Grade Unit: g/tIntercept: 13.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-042
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
13.7 m
From
105 m
To
118.7 m
Hole Depth
180 m
Intercept Depth
105 m

Classification

Sample Type
drill
Group ID
SOSAP-26-042:105-118.7

Location

Location
Sapuchi
Easting
631780.7
Northing
3167646.9
Elevation
595.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a moderate width, contributing to the overall understanding of the deposit.

Negative factors

  • Grade is weak according to the gold rubric (0.67 g/t Au).

Evidence · table

“0.67”

Context: 13.70

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-043San Antonio · goldGrade: 0.45Grade Unit: g/tIntercept: 8.15 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
8.15 m
From
61.1 m
To
69.25 m
Hole Depth
233 m
Intercept Depth
61.1 m

Classification

Sample Type
drill
Group ID
SOSAP-26-043:61.1-69.25

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a moderate width, contributing marginally to the overall resource understanding.

Negative factors

  • Grade is weak according to the gold rubric (0.45 g/t Au).

Evidence · table

“0.45”

Context: 8.15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-043San Antonio · goldGrade: 0.43Grade Unit: g/tIntercept: 48.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
48.7 m
From
84.5 m
To
133.2 m
Hole Depth
233 m
Intercept Depth
84.5 m

Classification

Sample Type
drill
Group ID
SOSAP-26-043:84.5-133.2

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows strong continuity over a significant width (48.7 m).

Negative factors

  • Grade is weak according to the gold rubric (0.43 g/t Au).

Evidence · table

“0.43”

Context: 48.70

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-043San Antonio · goldGrade: 0.67Grade Unit: g/tIntercept: 23.05 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
23.05 m
From
102.3 m
To
125.35 m
Hole Depth
233 m
Intercept Depth
102.3 m

Classification

Sample Type
drill
Group ID
SOSAP-26-043:102.3-125.35

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows weak gold mineralization over a continuous width, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Intercept shows strong continuity over a significant width (23.05 m).

Negative factors

  • Grade is weak according to the gold rubric (0.67 g/t Au).

Evidence · table

“0.67”

Context: 23.05

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-043San Antonio · goldGrade: 0.47Grade Unit: g/tIntercept: 43.65 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
43.65 m
From
143 m
To
186.65 m
Hole Depth
233 m
Intercept Depth
143 m

Classification

Sample Type
drill
Group ID
SOSAP-26-043:143-186.65

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows strong continuity over a significant width (43.65 m).

Negative factors

  • Grade is weak according to the gold rubric (0.47 g/t Au).

Evidence · table

“0.47”

Context: 43.65

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-043San Antonio · goldGrade: 0.98Grade Unit: g/tIntercept: 9.85 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
9.85 m
From
174.2 m
To
184.05 m
Hole Depth
233 m
Intercept Depth
174.2 m

Classification

Sample Type
drill
Group ID
SOSAP-26-043:174.2-184.05

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows weak gold mineralization, contributing to the overall grade profile of the broader intercept.

Negative factors

  • Grade is weak according to the gold rubric (0.98 g/t Au).

Evidence · table

“0.98”

Context: 9.85

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-043San Antonio · goldGrade: 0.38Grade Unit: g/tIntercept: 19.95 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
19.95 m
From
196.55 m
To
216.5 m
Hole Depth
233 m
Intercept Depth
196.55 m

Classification

Sample Type
drill
Group ID
SOSAP-26-043:196.55-216.5

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing marginally to the overall resource understanding.

Positive factors

  • Intercept shows strong continuity over a significant width (19.95 m).

Negative factors

  • Grade is weak according to the gold rubric (0.38 g/t Au).

Evidence · table

“0.38”

Context: 19.95

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-044San Antonio · goldGrade: 0.4Grade Unit: g/tIntercept: 38.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-044
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
38.5 m
From
0 m
To
38.5 m
Hole Depth
112 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
SOSAP-26-044:0-38.5

Location

Location
LDC
Easting
633044
Northing
3168105
Elevation
520.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept, while of weak grade, is significant due to its location in the new Luz del Cobre target, indicating mineralization in a step-out area.

Positive factors

  • Intercept shows strong continuity over a significant width (38.5 m) from surface.
  • Located in the new Luz del Cobre target, representing step-out drilling.

Negative factors

  • Grade is weak according to the gold rubric (0.40 g/t Au).

Evidence · table

“0.40”

Context: 38.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-044San Antonio · goldGrade: 0.59Grade Unit: g/tIntercept: 22.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-044
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
22.4 m
From
0 m
To
22.4 m
Hole Depth
112 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
SOSAP-26-044:0-22.4

Location

Location
LDC
Easting
633044
Northing
3168105
Elevation
520.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval, while of weak grade, is significant due to its location in the new Luz del Cobre target, indicating mineralization in a step-out area.

Positive factors

  • Intercept shows strong continuity over a significant width (22.4 m) from surface.
  • Located in the new Luz del Cobre target, representing step-out drilling.

Negative factors

  • Grade is weak according to the gold rubric (0.59 g/t Au).

Evidence · table

“0.59”

Context: 22.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-045San Antonio · goldGrade: 0.32Grade Unit: g/tIntercept: 37.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-045
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
37.8 m
From
13 m
To
50.8 m
Hole Depth
111 m
Intercept Depth
13 m

Classification

Sample Type
drill
Group ID
SOSAP-26-045:13-50.8

Location

Location
LDC
Easting
633044.1
Northing
3168080
Elevation
520.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept, while of weak grade, is significant due to its location in the new Luz del Cobre target, indicating mineralization in a step-out area.

Positive factors

  • Intercept shows strong continuity over a significant width (37.8 m) from shallow depth.
  • Located in the new Luz del Cobre target, representing step-out drilling.

Negative factors

  • Grade is weak according to the gold rubric (0.32 g/t Au).

Evidence · table

“0.32”

Context: 37.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-045San Antonio · goldGrade: 0.48Grade Unit: g/tIntercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-045
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.48
Grade Unit
g/t
Intercept
4.7 m
From
98.8 m
To
103.5 m
Hole Depth
111 m
Intercept Depth
98.8 m

Classification

Sample Type
drill
Group ID
SOSAP-26-045:98.8-103.5

Location

Location
LDC
Easting
633044.1
Northing
3168080
Elevation
520.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization in the new Luz del Cobre target, contributing to the step-out results.

Positive factors

  • Located in the new Luz del Cobre target, representing step-out drilling.

Negative factors

  • Grade is weak according to the gold rubric (0.48 g/t Au).

Evidence · table

“0.48”

Context: 4.70

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-046San Antonio · goldGrade: 0.36Grade Unit: g/tIntercept: 40.25 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-046
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
40.25 m
From
0 m
To
40.25 m
Hole Depth
110 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
SOSAP-26-046:0-40.25

Location

Location
LDC
Easting
633019
Northing
3168080
Elevation
520.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept, while of weak grade, is significant due to its location in the new Luz del Cobre target, indicating mineralization in a step-out area.

Positive factors

  • Intercept shows strong continuity over a significant width (40.25 m) from surface.
  • Located in the new Luz del Cobre target, representing step-out drilling.

Negative factors

  • Grade is weak according to the gold rubric (0.36 g/t Au).

Evidence · table

“0.36”

Context: 40.25

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-047San Antonio · goldGrade: 2.49Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-047
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
2.49
Grade Unit
g/t
Intercept
7.5 m
From
13.5 m
To
21 m
Hole Depth
207 m
Intercept Depth
13.5 m

Classification

Sample Type
drill
Group ID
SOSAP-26-047:13.5-21

Location

Location
Sapuchi
Easting
631666
Northing
3168003.8
Elevation
671.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows strong gold mineralization from shallow depth, contributing positively to the resource definition.

Positive factors

  • Grade is strong according to the gold rubric (2.49 g/t Au).
  • Intercept from shallow depth (13.5 m).

Evidence · table

“2.49”

Context: 7.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-047San Antonio · goldGrade: 0.43Grade Unit: g/tIntercept: 10.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-047
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
10.3 m
From
49.7 m
To
60 m
Hole Depth
207 m
Intercept Depth
49.7 m

Classification

Sample Type
drill
Group ID
SOSAP-26-047:49.7-60

Location

Location
Sapuchi
Easting
631666
Northing
3168003.8
Elevation
671.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a moderate width, contributing marginally to the overall resource understanding.

Negative factors

  • Grade is weak according to the gold rubric (0.43 g/t Au).

Evidence · table

“0.43”

Context: 10.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-048San Antonio · goldGrade: 1.43Grade Unit: g/tIntercept: 46.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-048
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
46.5 m
From
0 m
To
46.5 m
Hole Depth
110 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
SOSAP-26-048:0-46.5

Location

Location
LDC
Easting
633019
Northing
3168129.9
Elevation
521.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This wide intercept of moderate gold grade directly from surface at a significant step-out location is a highly material and novel result, indicating potential for resource expansion at the Luz del Cobre target.

Positive factors

  • Intercept shows strong continuity over a significant width (46.5 m) directly from surface.
  • Grade is moderate according to the gold rubric (1.43 g/t Au).
  • Located 750 meters outside the Sapuchi resource boundary, representing a significant step-out discovery.

Evidence · table

“1.43”

Context: 46.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-050San Antonio · goldGrade: 0.36Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-050
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
4.75 m
From
3.6 m
To
8.35 m
Hole Depth
201 m
Intercept Depth
3.6 m

Classification

Sample Type
drill
Group ID
SOSAP-26-050:3.6-8.35

Location

Location
Sapuchi
Easting
631567.6
Northing
3168008.7
Elevation
667.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a narrow width, contributing marginally to the overall resource understanding.

Negative factors

  • Grade is weak according to the gold rubric (0.36 g/t Au).

Evidence · table

“0.36”

Context: 4.75

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-050San Antonio · goldGrade: 1.99Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-050
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.99
Grade Unit
g/t
Intercept
5.55 m
From
31.45 m
To
37 m
Hole Depth
201 m
Intercept Depth
31.45 m

Classification

Sample Type
drill
Group ID
SOSAP-26-050:31.45-37

Location

Location
Sapuchi
Easting
631567.6
Northing
3168008.7
Elevation
667.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.99 g/t Au).

Evidence · table

“1.99”

Context: 5.55

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-050San Antonio · goldGrade: 0.69Grade Unit: g/tIntercept: 19.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-050
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
19.4 m
From
62.1 m
To
81.5 m
Hole Depth
201 m
Intercept Depth
62.1 m

Classification

Sample Type
drill
Group ID
SOSAP-26-050:62.1-81.5

Location

Location
Sapuchi
Easting
631567.6
Northing
3168008.7
Elevation
667.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates weak gold mineralization over a continuous width, contributing to the understanding of the deposit's extent.

Positive factors

  • Intercept shows strong continuity over a significant width (19.4 m).

Negative factors

  • Grade is weak according to the gold rubric (0.69 g/t Au).

Evidence · table

“0.69”

Context: 19.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

SOSAP-26-050San Antonio · goldGrade: 1.19Grade Unit: g/tIntercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-050
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO

Geometry

Grade
1.19
Grade Unit
g/t
Intercept
4.7 m
From
87 m
To
91.7 m
Hole Depth
201 m
Intercept Depth
87 m

Classification

Sample Type
drill
Group ID
SOSAP-26-050:87-91.7

Location

Location
Sapuchi
Easting
631567.6
Northing
3168008.7
Elevation
667.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows moderate gold mineralization, contributing to the overall grade profile of the broader intercept.

Positive factors

  • Grade is moderate according to the gold rubric (1.19 g/t Au).

Evidence · table

“1.19”

Context: 4.70

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong"

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.