Axo Metals Drilling Intercepts 48.0 Metres of 1.18 g/t Au From Surface at Recently Discovered Luz del Cobre Target; Additional Results Include 3.94 g/t Au Over 15.0 Metres

Original announcement by orestocks on

Company
Axo Metals Corp.
Ticker
AXO.V
Exchange
Unavailable
Region
Sonora, Mexico
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-10-20 11:55:58 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Axo Metals announced new drill results from its San Antonio project in Sonora, Mexico, highlighting significant gold intercepts at the recently discovered Luz del Cobre target and in the Luz del Cobre-Sapuchi gap zone. Key results include 48.0 metres of 1.18 g/t Au from surface and 15.0 metres of 3.94 g/t Au from 12 metres downhole. The program, which included 33 drillholes, aims to expand resources and confirms strong oxide gold mineralization near existing infrastructure.

Reasoning: Axo Metals announced positive drill results from its San Antonio project, including significant near-surface oxide gold intercepts at the recently discovered Luz del Cobre target and in the gap zone. The drilling aims to expand resources and confirms mineralization in new areas, leveraging proximity to existing infrastructure. While true widths are not reported for the vertical holes, the overall results are encouraging for project growth.

Positive factors

  • New target discovery (Luz del Cobre)
  • Significant widths of gold mineralization
  • Near-surface oxide gold mineralization
  • Resource expansion drilling intent
  • Proximity to existing infrastructure
  • QA/QC procedures disclosed

Negative factors

  • Apparent width only (vertical drilling)
  • Cut-off grade for compositing undisclosed

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

Facts used in scoring: 34

Extracted facts

Stored fact records: 34. Some facts used in scoring do not have a stored record.

Drill Results (34)

SOSAP-26-069San Antonio · goldGrade: 1.18Grade Unit: g/tIntercept: 48 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-069
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.18
Grade Unit
g/t
Intercept
48 m
From
0 m
To
48 m
Hole Depth
77 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-069:0-48
Mining Method
open_pit

Location

Location
Luz del Cobre zone
Easting
633019
Northing
3168155
Elevation
532 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept represents a significant width of gold mineralization starting from surface at the new Luz del Cobre target, indicating strong potential for open-pit development.

Positive factors

  • Significant intercept length
  • Near-surface mineralization
  • Good grade for open pit
  • Located in new target area

Negative factors

  • Apparent width only

Evidence · text

“Hole SOSAP-26-069 which reported the first 48.0 metres drilled directly from surface grading 1.18g/t Au”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-069San Antonio · goldGrade: 1.59Grade Unit: g/tIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-069
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.59
Grade Unit
g/t
Intercept
23 m
From
3 m
To
26 m
Hole Depth
77 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-069:3-26
Mining Method
open_pit

Location

Location
Luz del Cobre zone
Easting
633019
Northing
3168155
Elevation
532 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone further enhances the prospectivity of the near-surface mineralization at Luz del Cobre.

Positive factors

  • High-grade sub-interval
  • Near-surface mineralization

Negative factors

  • Apparent width only

Evidence · table

“1.59”

Context: 23.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-083San Antonio · goldGrade: 3.94Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-083
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
3.94
Grade Unit
g/t
Intercept
15 m
From
12 m
To
27 m
Hole Depth
94 m
Intercept Depth
12 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-083:12-27
Mining Method
open_pit

Location

Location
Luz del Cobre
Easting
632970
Northing
3168104
Elevation
538 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This high-grade, shallow intercept at the Luz del Cobre target is a bonanza result, significantly enhancing the prospectivity of the new discovery.

Positive factors

  • High-grade intercept
  • Significant width
  • Shallow mineralization
  • Located in new target area

Negative factors

  • Apparent width only

Evidence · text

“Hole SOSAP-26-083 which assayed 3.94g/t Au over 15.0 metres from only 12 metres down the hole at Luz del Cobre.”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-053San Antonio · goldGrade: 0.43Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-053
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
4.8 m
From
87 m
To
91.8 m
Hole Depth
201 m
Intercept Depth
87 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-053:87-91.8
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632075
Northing
3168014
Elevation
665 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept is of lower grade and narrow width, contributing to overall resource definition but not a highlight.

Negative factors

  • Lower grade
  • Narrow width

Evidence · table

“0.43”

Context: 4.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-053San Antonio · goldGrade: 1.72Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-053
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.72
Grade Unit
g/t
Intercept
11 m
From
103.5 m
To
114.5 m
Hole Depth
201 m
Intercept Depth
87 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-053:103.5-114.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632075
Northing
3168014
Elevation
665 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a good grade over a moderate width, contributing positively to the Sapuchi resource definition.

Positive factors

  • Good grade
  • Moderate width

Negative factors

  • Apparent width only

Evidence · text

“11.0 metres of 1.72g/t Au”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-053San Antonio · goldGrade: 0.94Grade Unit: g/tIntercept: 17 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-053
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.94
Grade Unit
g/t
Intercept
17 m
From
129.7 m
To
146.7 m
Hole Depth
201 m
Intercept Depth
87 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-053:129.7-146.7
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632075
Northing
3168014
Elevation
665 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a solid width and economic grade, supporting the overall resource potential at Sapuchi.

Positive factors

  • Moderate width
  • Economic grade for open pit

Negative factors

  • Apparent width only

Evidence · text

“17.0 metres of 0.94g/t Au”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-053San Antonio · goldGrade: 1.54Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-053
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.54
Grade Unit
g/t
Intercept
3.1 m
From
137.6 m
To
140.7 m
Hole Depth
201 m
Intercept Depth
87 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-053:137.6-140.7
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632075
Northing
3168014
Elevation
665 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This high-grade sub-interval contributes to the overall grade of the broader intercept at Sapuchi.

Positive factors

  • High-grade sub-interval

Negative factors

  • Narrow width
  • Apparent width only

Evidence · table

“1.54”

Context: 3.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-053San Antonio · goldGrade: 1.62Grade Unit: g/tIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-053
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.62
Grade Unit
g/t
Intercept
22 m
From
153.1 m
To
175.1 m
Hole Depth
201 m
Intercept Depth
87 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-053:153.1-175.1
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632075
Northing
3168014
Elevation
665 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a good grade over a significant width, contributing positively to the Sapuchi resource definition.

Positive factors

  • Good grade
  • Significant width

Negative factors

  • Apparent width only

Evidence · text

“22.0 metres of 1.62g/t Au”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-053San Antonio · goldGrade: 2.94Grade Unit: g/tIntercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-053
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.94
Grade Unit
g/t
Intercept
10.4 m
From
164.7 m
To
175.1 m
Hole Depth
201 m
Intercept Depth
87 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-053:164.7-175.1
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632075
Northing
3168014
Elevation
665 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This high-grade sub-interval significantly enhances the overall value of the broader intercept at Sapuchi.

Positive factors

  • High-grade sub-interval
  • Moderate width

Negative factors

  • Apparent width only

Evidence · table

“2.94”

Context: 10.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-077San Antonio · goldGrade: 0.88Grade Unit: g/tIntercept: 25.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-077
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.88
Grade Unit
g/t
Intercept
25.8 m
From
0 m
To
25.8 m
Hole Depth
81 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-077:0-25.8
Mining Method
open_pit

Location

Location
Luz del Cobre
Easting
632994
Northing
3168180
Elevation
537 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a significant width of near-surface gold mineralization at the Luz del Cobre target, supporting its open-pit potential.

Positive factors

  • Significant intercept length
  • Near-surface mineralization
  • Economic grade for open pit

Negative factors

  • Apparent width only

Evidence · text

“Hole SOSAP-26-077 which assayed 0.88g/t Au over 25.8 metres from surface at Luz del Cobre.”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-077San Antonio · goldGrade: 1.75Grade Unit: g/tIntercept: 10.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-077
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.75
Grade Unit
g/t
Intercept
10.3 m
From
3 m
To
13.3 m
Hole Depth
81 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-077:3-13.3
Mining Method
open_pit

Location

Location
Luz del Cobre
Easting
632994
Northing
3168180
Elevation
537 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone further enhances the prospectivity of the near-surface mineralization at Luz del Cobre.

Positive factors

  • High-grade sub-interval
  • Near-surface mineralization

Negative factors

  • Apparent width only

Evidence · table

“1.75”

Context: 10.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-080San Antonio · goldGrade: 0.29Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-080
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.29
Grade Unit
g/t
Intercept
7.5 m
From
25.5 m
To
33 m
Hole Depth
186 m
Intercept Depth
25.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-080:25.5-33
Mining Method
open_pit

Location

Location
Luz del Cobre-Sapuchi gap zone
Easting
632643
Northing
3167970
Elevation
693 m
Azimuth
83 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept is of lower grade, but contributes to confirming mineralization in the gap zone.

Negative factors

  • Lower grade

Evidence · table

“0.29”

Context: 7.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-080San Antonio · goldGrade: 0.32Grade Unit: g/tIntercept: 39.6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-080
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
39.6 m
From
43.3 m
To
82.9 m
Hole Depth
186 m
Intercept Depth
25.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-080:43.3-82.9
Mining Method
open_pit

Location

Location
Luz del Cobre-Sapuchi gap zone
Easting
632643
Northing
3167970
Elevation
693 m
Azimuth
83 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This long intercept, while lower grade, confirms significant mineralization in the gap zone between the two main targets.

Positive factors

  • Significant intercept length
  • Confirms mineralization in gap zone

Negative factors

  • Lower grade

Evidence · text

“39.6 metres of 0.32g/t Au”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-080San Antonio · goldGrade: 0.73Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-080
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.73
Grade Unit
g/t
Intercept
9 m
From
63 m
To
72 m
Hole Depth
186 m
Intercept Depth
25.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-080:63-72
Mining Method
open_pit

Location

Location
Luz del Cobre-Sapuchi gap zone
Easting
632643
Northing
3167970
Elevation
693 m
Azimuth
83 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This higher-grade sub-interval within a broader zone improves the overall quality of the mineralization in the gap zone.

Positive factors

  • Higher-grade sub-interval

Evidence · table

“0.73”

Context: 9.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-080San Antonio · goldGrade: 0.4Grade Unit: g/tIntercept: 33 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-080
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
33 m
From
87 m
To
120 m
Hole Depth
186 m
Intercept Depth
25.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-080:87-120
Mining Method
open_pit

Location

Location
Luz del Cobre-Sapuchi gap zone
Easting
632643
Northing
3167970
Elevation
693 m
Azimuth
83 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This long intercept further confirms mineralization in the gap zone, supporting resource expansion.

Positive factors

  • Significant intercept length
  • Confirms mineralization in gap zone

Negative factors

  • Lower grade

Evidence · table

“0.40”

Context: 33.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-080San Antonio · goldGrade: 1.29Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-080
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
11 m
From
157 m
To
168 m
Hole Depth
186 m
Intercept Depth
25.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-080:157-168
Mining Method
open_pit

Location

Location
Luz del Cobre-Sapuchi gap zone
Easting
632643
Northing
3167970
Elevation
693 m
Azimuth
83 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a good grade over a moderate width, further confirming mineralization in the gap zone.

Positive factors

  • Good grade
  • Moderate width
  • Confirms mineralization in gap zone

Evidence · text

“11.0 metres of 1.29g/t Au”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-073San Antonio · goldGrade: 0.81Grade Unit: g/tIntercept: 17.9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-073
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.81
Grade Unit
g/t
Intercept
17.9 m
From
29.2 m
To
47.1 m
Hole Depth
182 m
Intercept Depth
29.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-073:29.2-47.1
Mining Method
open_pit

Location

Location
outer edge of the Sapuchi resource
Easting
631793
Northing
3167677
Elevation
598 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a solid width and economic grade at the outer edge of the Sapuchi resource, supporting its expansion.

Positive factors

  • Moderate width
  • Economic grade for open pit

Negative factors

  • Apparent width only

Evidence · text

“0.81g/t Au over 17.9 metres from only 29 metres down the hole”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-073San Antonio · goldGrade: 2.22Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-073
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.22
Grade Unit
g/t
Intercept
5.3 m
From
32.6 m
To
37.8 m
Hole Depth
182 m
Intercept Depth
29.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-073:32.6-37.8
Mining Method
open_pit

Location

Location
outer edge of the Sapuchi resource
Easting
631793
Northing
3167677
Elevation
598 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This high-grade sub-interval enhances the overall grade of the broader intercept at the Sapuchi resource.

Positive factors

  • High-grade sub-interval

Negative factors

  • Narrow width
  • Apparent width only

Evidence · table

“2.22”

Context: 5.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-073San Antonio · goldGrade: 0.9Grade Unit: g/tIntercept: 19.9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-073
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
19.9 m
From
55.1 m
To
75 m
Hole Depth
182 m
Intercept Depth
29.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-073:55.1-75
Mining Method
open_pit

Location

Location
outer edge of the Sapuchi resource
Easting
631793
Northing
3167677
Elevation
598 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a solid width and economic grade at the outer edge of the Sapuchi resource, supporting its expansion.

Positive factors

  • Moderate width
  • Economic grade for open pit

Negative factors

  • Apparent width only

Evidence · text

“0.90g/t Au over 19.9 metres from 55 metres down the hole”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-073San Antonio · goldGrade: 1.58Grade Unit: g/tIntercept: 8.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-073
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.58
Grade Unit
g/t
Intercept
8.5 m
From
57.5 m
To
66 m
Hole Depth
182 m
Intercept Depth
29.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-073:57.5-66
Mining Method
open_pit

Location

Location
outer edge of the Sapuchi resource
Easting
631793
Northing
3167677
Elevation
598 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This high-grade sub-interval enhances the overall grade of the broader intercept at the Sapuchi resource.

Positive factors

  • High-grade sub-interval

Negative factors

  • Apparent width only

Evidence · table

“1.58”

Context: 8.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-051San Antonio · goldGrade: 0.11Grade Unit: g/tIntercept: 7.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-051
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
7.3 m
From
7.3 m
To
14.5 m
Hole Depth
110 m
Intercept Depth
7.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-051:7.3-14.5
Mining Method
open_pit

Location

Location
LDC
Easting
633044
Northing
3168055
Elevation
521 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept shows very low-grade mineralization, contributing to geological understanding but not economically significant.

Negative factors

  • Low grade

Evidence · table

“0.11”

Context: 7.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-052San Antonio · goldGrade: 0.55Grade Unit: g/tIntercept: 22.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-052
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
22.5 m
From
0 m
To
22.5 m
Hole Depth
100 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-052:0-22.5
Mining Method
open_pit

Location

Location
LDC
Easting
633019
Northing
3168055
Elevation
521 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a good width of near-surface oxide gold mineralization at Luz del Cobre.

Positive factors

  • Significant width
  • Near-surface mineralization
  • Economic grade for open pit

Negative factors

  • Apparent width only

Evidence · table

“0.55”

Context: 22.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-054San Antonio · goldGrade: 0.28Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-054
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.28
Grade Unit
g/t
Intercept
7.5 m
From
46.5 m
To
54 m
Hole Depth
91 m
Intercept Depth
46.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-054:46.5-54
Mining Method
open_pit

Location

Location
LDC
Easting
633044
Northing
3168130
Elevation
521 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept shows low-grade mineralization, contributing to geological understanding but not economically significant.

Negative factors

  • Low grade

Evidence · table

“0.28”

Context: 7.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-054San Antonio · goldGrade: 0.18Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-054
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
4.1 m
From
64.9 m
To
69 m
Hole Depth
91 m
Intercept Depth
46.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-054:64.9-69
Mining Method
open_pit

Location

Location
LDC
Easting
633044
Northing
3168130
Elevation
521 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept shows very low-grade mineralization, contributing to geological understanding but not economically significant.

Negative factors

  • Very low grade

Evidence · table

“0.18”

Context: 4.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-055San Antonio · goldGrade: 0.38Grade Unit: g/tIntercept: 16.6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-055
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
16.6 m
From
0 m
To
16.6 m
Hole Depth
99 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-055:0-16.6
Mining Method
open_pit

Location

Location
LDC
Easting
632994
Northing
3168105
Elevation
526 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a moderate width of near-surface oxide gold mineralization at Luz del Cobre.

Positive factors

  • Moderate width
  • Near-surface mineralization
  • Economic grade for open pit

Negative factors

  • Apparent width only

Evidence · table

“0.38”

Context: 16.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-055San Antonio · goldGrade: 0.91Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-055
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.91
Grade Unit
g/t
Intercept
4.2 m
From
10.6 m
To
14.7 m
Hole Depth
99 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-055:10.6-14.7
Mining Method
open_pit

Location

Location
LDC
Easting
632994
Northing
3168105
Elevation
526 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This higher-grade sub-interval enhances the overall quality of the near-surface mineralization at Luz del Cobre.

Positive factors

  • Higher-grade sub-interval
  • Near-surface mineralization

Negative factors

  • Narrow width
  • Apparent width only

Evidence · table

“0.91”

Context: 4.2

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-056San Antonio · goldGrade: 0.34Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-056
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
20 m
From
75.4 m
To
95.4 m
Hole Depth
210 m
Intercept Depth
75.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-056:75.4-95.4
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632077
Northing
3168046
Elevation
648 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a significant width of economic grade mineralization at Sapuchi, supporting resource definition.

Positive factors

  • Significant width
  • Economic grade for open pit

Negative factors

  • Apparent width only

Evidence · table

“0.34”

Context: 20.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-056San Antonio · goldGrade: 0.44Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-056
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
6 m
From
105 m
To
111 m
Hole Depth
210 m
Intercept Depth
75.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-056:105-111
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632077
Northing
3168046
Elevation
648 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides an economic grade over a narrow width, contributing to resource definition at Sapuchi.

Positive factors

  • Economic grade for open pit

Negative factors

  • Narrow width
  • Apparent width only

Evidence · table

“0.44”

Context: 6.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-056San Antonio · goldGrade: 1.17Grade Unit: g/tIntercept: 23.9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-056
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
23.9 m
From
125.2 m
To
149 m
Hole Depth
210 m
Intercept Depth
75.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-056:125.2-149
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632077
Northing
3168046
Elevation
648 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a good grade over a significant width, contributing positively to the Sapuchi resource definition.

Positive factors

  • Good grade
  • Significant width

Negative factors

  • Apparent width only

Evidence · table

“1.17”

Context: 23.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-056San Antonio · goldGrade: 1.99Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-056
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.99
Grade Unit
g/t
Intercept
4.8 m
From
161.8 m
To
166.5 m
Hole Depth
210 m
Intercept Depth
75.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-056:161.8-166.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632077
Northing
3168046
Elevation
648 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a good grade over a narrow width, contributing to resource definition at Sapuchi.

Positive factors

  • Good grade

Negative factors

  • Narrow width
  • Apparent width only

Evidence · table

“1.99”

Context: 4.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-056San Antonio · goldGrade: 0.3Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-056
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
18 m
From
186 m
To
204 m
Hole Depth
210 m
Intercept Depth
75.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-056:186-204
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632077
Northing
3168046
Elevation
648 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a moderate width of economic grade mineralization at Sapuchi, supporting resource definition.

Positive factors

  • Moderate width
  • Economic grade for open pit

Negative factors

  • Apparent width only

Evidence · table

“0.30”

Context: 18.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-057San Antonio · goldGrade: 0.18Grade Unit: g/tIntercept: 27.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-057
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
27.4 m
From
7.8 m
To
35.2 m
Hole Depth
84 m
Intercept Depth
7.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-057:7.8-35.2
Mining Method
open_pit

Location

Location
LDC
Easting
633069
Northing
3168105
Elevation
521 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept shows low-grade mineralization over a significant width, contributing to geological understanding but not economically significant.

Positive factors

  • Significant width

Negative factors

  • Low grade
  • Apparent width only

Evidence · table

“0.18”

Context: 27.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-058San Antonio · goldGrade: 1.58Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-058
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.58
Grade Unit
g/t
Intercept
9 m
From
0 m
To
9 m
Hole Depth
108 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-058:0-9
Mining Method
open_pit

Location

Location
LDC
Easting
633069
Northing
3168080
Elevation
521 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept provides a good grade over a moderate width from surface at Luz del Cobre.

Positive factors

  • Good grade
  • Near-surface mineralization

Negative factors

  • Apparent width only

Evidence · table

“1.58”

Context: 9.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SOSAP-26-058San Antonio · goldGrade: 0.31Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-058
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
9 m
From
51 m
To
60 m
Hole Depth
108 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-058:51-60
Mining Method
open_pit

Location

Location
LDC
Easting
633069
Northing
3168080
Elevation
521 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept shows lower-grade mineralization, contributing to geological understanding at Luz del Cobre.

Negative factors

  • Lower grade
  • Apparent width only

Evidence · table

“0.31”

Context: 9.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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.