Axo Metals Intercepts 23.6 metres of 2.13 g/t from Surface at the San Antonio Project
Original announcement by tmx on
- Company
- Axo Metals Corp.
- Ticker
- AXO
- Exchange
- TSX
- Region
- Sonora, Mexico
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results, Resource update
- Extracted
- 2026-08-24 05:26:57 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Axo Metals announced the first drill results from its recently acquired San Antonio project in Sonora, Mexico, highlighted by a significant intercept of 23.6 metres grading 2.13 g/t gold from surface. The drilling program aims to upgrade resource confidence and convert previously modelled waste into ore within the Sapuchi deposit. The company also provided an update on channel sampling at the El Tigre target and initiated a Preliminary Economic Assessment for the San Antonio project.
Reasoning: Axo Metals announced strong initial gold drill results from its recently acquired San Antonio project, including a headline intercept of 23.6 metres at 2.13 g/t gold from surface and a bonanza grade of 13.15 g/t gold over 0.9 metres. These are the first results from the project, indicating high novelty and potential for resource upgrade and expansion. The company also disclosed robust QA/QC procedures and a QP sign-off, increasing confidence in the results, though true widths were not stated.
Positive factors
- High-grade gold intercept from surface
- Bonanza gold grade intercept
- First drill results from recently acquired project
- Infill drilling aims to upgrade resources and convert waste to ore
- QA/QC procedures disclosed and QP signed off
Negative factors
- No true width stated for drill intercepts
Facts used in scoring: 52
Classification and evidence
High Recoverypositive · Story-specific tag
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: The document mentions 'high-grade oxide resources' and 'strong grades being seen directly from surface' which implies good recoverability for the oxide material.
Evidence · text
“high-grade oxide resources, and favourable topography. Initial results at the Sapuchi deposit have proven very encouraging, highlighted by strong grades being seen directly from surface.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release explicitly states that 'Quality assurance and quality control ('QA/QC') procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified reference materials, blanks and duplicates) into the sample strings.' and names ALS Chemex as the lab.
Evidence · text
“Quality assurance and quality control ("QA/QC") procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified reference materials, blanks and duplicates) into the sample strings.”
QP/CP Signedpositive
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 named as the Qualified Person for Axo Metals Corp. 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: The drill results table and narrative only provide downhole intercept lengths without stating true widths or drill orientation relative to mineralization.
Evidence · table
“Length”
Context: Au Grade gpt
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The drill program's goal is to 'upgrade resource confidence, infill gaps within the block model designated as waste, and test the periphery of the deposit'.
Evidence · text
“The goal of the Sapuchi drill program, where the Company plans to complete 25,000 metres, is to upgrade resource confidence, infill gaps within the block model designated as waste, and test the periphery of the deposit.”
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: Axo has engaged P&E Mining Consultants to complete a Preliminary Economic Assessment (PEA) for the San Antonio project, which is already underway.
Evidence · text
“Axo has engaged P&E Mining Consultants to complete a Preliminary Economic Assessment (PEA) for the San Antonio project. The study is already underway.”
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The resource estimates for San Antonio and Sapuchi are explicitly stated to be from the '2021 resource block model' and '2021 MRE block model'.
Evidence · text
“Oxide resources at Sapuchi within the 2021 resource block model stood at 53koz Au grading 0.85 g/t Au in the Indicated category, and 75koz Au grading 0.74 g/t Au in the Inferred category.”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The historical resource estimates include a significant portion in the Inferred category, which is a speculative category with lower confidence.
Evidence · text
“75koz Au grading 0.74 g/t Au in the Inferred category.”
Extracted facts
Stored fact records: 52. Some facts used in scoring do not have a stored record.
Drill Results (52)
SOSAP-26-003San Antonio · goldGrade: 1.16Grade Unit: g/tIntercept: 12.3 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-003
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.16
- Grade Unit
- g/t
- Intercept
- 12.3 m
- From
- 78.9 m
- To
- 91.2 m
- Hole Depth
- 201 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 632026
- Northing
- 3168040
- Elevation
- 646 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a decent width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.16”
Context: 12.3
SOSAP-26-003San Antonio · goldGrade: 1.25Grade Unit: g/tIntercept: 11.3 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-003
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.25
- Grade Unit
- g/t
- Intercept
- 11.3 m
- From
- 78.9 m
- To
- 90.2 m
- Hole Depth
- 201 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 632026
- Northing
- 3168040
- Elevation
- 646 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a slightly higher grade over a good width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.25”
Context: 11.3
SOSAP-26-003San Antonio · goldGrade: 1.63Grade Unit: g/tIntercept: 7.75 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-003
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.63
- Grade Unit
- g/t
- Intercept
- 7.75 m
- From
- 82.45 m
- To
- 90.2 m
- Hole Depth
- 201 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 632026
- Northing
- 3168040
- Elevation
- 646 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a strong grade over a moderate width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.63”
Context: 7.75
SOSAP-26-003San Antonio · goldGrade: 0.74Grade Unit: g/tIntercept: 12.55 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-003
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.74
- Grade Unit
- g/t
- Intercept
- 12.55 m
- From
- 155.2 m
- To
- 167.75 m
- Hole Depth
- 201 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 632026
- Northing
- 3168040
- Elevation
- 646 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a decent width, contributing to the first results from a new project. The grade is weak for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.74”
Context: 12.55
SOSAP-26-004San Antonio · goldGrade: 0.39Grade Unit: g/tIntercept: 15.05 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-004
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.39
- Grade Unit
- g/t
- Intercept
- 15.05 m
- From
- 15.05 m
- To
- 30.1 m
- Hole Depth
- 120 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631795
- Northing
- 3168056
- Elevation
- 619 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A weak grade gold intercept over a decent width, contributing to the first results from a new project. The grade is weak for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.39”
Context: 15.05
SOSAP-26-004San Antonio · goldGrade: 0.65Grade Unit: g/tIntercept: 5.95 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-004
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.65
- Grade Unit
- g/t
- Intercept
- 5.95 m
- From
- 15.05 m
- To
- 21 m
- Hole Depth
- 120 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631795
- Northing
- 3168056
- Elevation
- 619 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a narrow width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.65”
Context: 5.95
SOSAP-26-006San Antonio · goldGrade: 0.54Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-006
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.54
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 49.9 m
- To
- 58.9 m
- Hole Depth
- 170 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 632016
- Northing
- 3168062
- Elevation
- 638 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.54”
Context: 9.0
SOSAP-26-007San Antonio · goldGrade: 0.65Grade Unit: g/tIntercept: 18.1 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-007
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.65
- Grade Unit
- g/t
- Intercept
- 18.1 m
- From
- 70.1 m
- To
- 88.2 m
- Hole Depth
- 135 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631987
- Northing
- 3167881
- Elevation
- 674 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a good width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.65”
Context: 18.1
SOSAP-26-007San Antonio · goldGrade: 0.78Grade Unit: g/tIntercept: 14.29 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-007
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.78
- Grade Unit
- g/t
- Intercept
- 14.29 m
- From
- 70.91 m
- To
- 85.2 m
- Hole Depth
- 135 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631987
- Northing
- 3167881
- Elevation
- 674 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a good width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.78”
Context: 14.29
SOSAP-26-007San Antonio · goldGrade: 0.99Grade Unit: g/tIntercept: 8.99 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-007
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.99
- Grade Unit
- g/t
- Intercept
- 8.99 m
- From
- 70.91 m
- To
- 79.9 m
- Hole Depth
- 135 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631987
- Northing
- 3167881
- Elevation
- 674 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.99”
Context: 8.99
SOSAP-26-007San Antonio · goldGrade: 0.38Grade Unit: g/tIntercept: 8.1 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-007
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.38
- Grade Unit
- g/t
- Intercept
- 8.1 m
- From
- 124.6 m
- To
- 132.7 m
- Hole Depth
- 135 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631987
- Northing
- 3167881
- Elevation
- 674 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A weak grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is weak for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.38”
Context: 8.1
SOSAP-26-008San Antonio · goldGrade: 1.57Grade Unit: g/tIntercept: 8.05 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-008
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.57
- Grade Unit
- g/t
- Intercept
- 8.05 m
- From
- 0 m
- To
- 8.05 m
- Hole Depth
- 152 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631807
- Northing
- 3168031
- Elevation
- 628 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A strong grade gold intercept from surface over a moderate width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Positive factors
- High-grade intercept from surface
Negative factors
- Apparent Width Only
Evidence · table
“1.57”
Context: 8.05
SOSAP-26-009San Antonio · goldGrade: 0.5Grade Unit: g/tIntercept: 9.8 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-009
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.5
- Grade Unit
- g/t
- Intercept
- 9.8 m
- From
- 15.9 m
- To
- 25.7 m
- Hole Depth
- 123 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631765
- Northing
- 3168052
- Elevation
- 630 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.50”
Context: 9.8
SOSAP-26-010San Antonio · goldGrade: 0.61Grade Unit: g/tIntercept: 47.6 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-010
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.61
- Grade Unit
- g/t
- Intercept
- 47.6 m
- From
- 51 m
- To
- 99.5 m
- Hole Depth
- 190 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631924
- Northing
- 3167901
- Elevation
- 682 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a continuous width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.61”
Context: 47.6
SOSAP-26-010San Antonio · goldGrade: 0.94Grade Unit: g/tIntercept: 26.5 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-010
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.94
- Grade Unit
- g/t
- Intercept
- 26.5 m
- From
- 51.9 m
- To
- 78.4 m
- Hole Depth
- 190 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631924
- Northing
- 3167901
- Elevation
- 682 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a good width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.94”
Context: 26.5
SOSAP-26-010San Antonio · goldGrade: 1.31Grade Unit: g/tIntercept: 11.15 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-010
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.31
- Grade Unit
- g/t
- Intercept
- 11.15 m
- From
- 64.7 m
- To
- 75.85 m
- Hole Depth
- 190 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631924
- Northing
- 3167901
- Elevation
- 682 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a strong grade gold intercept over a good width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.31”
Context: 11.15
SOSAP-26-011San Antonio · goldGrade: 13.15Grade Unit: g/tIntercept: 0.9 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-011
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 13.15
- Grade Unit
- g/t
- Intercept
- 0.9 m
- From
- 146.1 m
- To
- 147 m
- Hole Depth
- 171 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631974
- Northing
- 3168075
- Elevation
- 614 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: An exceptional grade gold intercept, though over a very narrow width, contributing to the first results from a new project. The grade is exceptional for an open-pit gold deposit. No true width was stated.
Positive factors
- Bonanza Intercept
Negative factors
- Apparent Width Only
Evidence · table
“13.15”
Context: 0.9
SOSAP-26-012San Antonio · goldGrade: 0.96Grade Unit: g/tIntercept: 11.95 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-012
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.96
- Grade Unit
- g/t
- Intercept
- 11.95 m
- From
- 76 m
- To
- 87.95 m
- Hole Depth
- 126 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631980
- Northing
- 3167836
- Elevation
- 640 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a good width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.96”
Context: 11.95
SOSAP-26-012San Antonio · goldGrade: 1.25Grade Unit: g/tIntercept: 7.75 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-012
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.25
- Grade Unit
- g/t
- Intercept
- 7.75 m
- From
- 77.25 m
- To
- 85 m
- Hole Depth
- 126 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631980
- Northing
- 3167836
- Elevation
- 640 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a strong grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.25”
Context: 7.75
SOSAP-26-013San Antonio · goldGrade: 0.43Grade Unit: g/tIntercept: 27.9 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-013
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.43
- Grade Unit
- g/t
- Intercept
- 27.9 m
- From
- 31.3 m
- To
- 59.2 m
- Hole Depth
- 153 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631939
- Northing
- 3168074
- Elevation
- 617 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A weak grade gold intercept over a good width, contributing to the first results from a new project. The grade is weak for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.43”
Context: 27.9
SOSAP-26-013San Antonio · goldGrade: 0.73Grade Unit: g/tIntercept: 10.05 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-013
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.73
- Grade Unit
- g/t
- Intercept
- 10.05 m
- From
- 31.3 m
- To
- 41.35 m
- Hole Depth
- 153 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631939
- Northing
- 3168074
- Elevation
- 617 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a good width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.73”
Context: 10.05
SOSAP-26-013San Antonio · goldGrade: 0.82Grade Unit: g/tIntercept: 7.05 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-013
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.82
- Grade Unit
- g/t
- Intercept
- 7.05 m
- From
- 37.15 m
- To
- 44.2 m
- Hole Depth
- 153 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631939
- Northing
- 3168074
- Elevation
- 617 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.82”
Context: 7.05
SOSAP-26-013San Antonio · goldGrade: 0.59Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-013
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.59
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 55.2 m
- To
- 59.2 m
- Hole Depth
- 153 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631939
- Northing
- 3168074
- Elevation
- 617 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a narrow width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.59”
Context: 4.0
SOSAP-26-014San Antonio · goldGrade: 0.33Grade Unit: g/tIntercept: 16.5 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-014
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.33
- Grade Unit
- g/t
- Intercept
- 16.5 m
- From
- 114 m
- To
- 130.5 m
- Hole Depth
- 140 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631923
- Northing
- 3167843
- Elevation
- 638 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A weak grade gold intercept over a good width, contributing to the first results from a new project. The grade is weak for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.33”
Context: 16.5
SOSAP-26-014San Antonio · goldGrade: 0.75Grade Unit: g/tIntercept: 5.14 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-014
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.75
- Grade Unit
- g/t
- Intercept
- 5.14 m
- From
- 125.36 m
- To
- 130.5 m
- Hole Depth
- 140 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631923
- Northing
- 3167843
- Elevation
- 638 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a narrow width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.75”
Context: 5.14
SOSAP-26-015San Antonio · goldGrade: 0.61Grade Unit: g/tIntercept: 18.4 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-015
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.61
- Grade Unit
- g/t
- Intercept
- 18.4 m
- From
- 36.5 m
- To
- 54.9 m
- Hole Depth
- 137 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631926
- Northing
- 3168010
- Elevation
- 658 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a good width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.61”
Context: 18.4
SOSAP-26-015San Antonio · goldGrade: 1.03Grade Unit: g/tIntercept: 6.5 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-015
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.03
- Grade Unit
- g/t
- Intercept
- 6.5 m
- From
- 48.4 m
- To
- 54.9 m
- Hole Depth
- 137 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631926
- Northing
- 3168010
- Elevation
- 658 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a strong grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.03”
Context: 6.5
SOSAP-26-016San Antonio · goldGrade: 0.4Grade Unit: g/tIntercept: 33.55 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-016
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.4
- Grade Unit
- g/t
- Intercept
- 33.55 m
- From
- 0 m
- To
- 33.55 m
- Hole Depth
- 138 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631840
- Northing
- 3167862
- Elevation
- 642 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A weak grade gold intercept from surface over a continuous width, contributing to the first results from a new project. The grade is weak for an open-pit gold deposit. No true width was stated.
Positive factors
- High-grade intercept from surface
Negative factors
- Apparent Width Only
Evidence · table
“0.40”
Context: 33.55
SOSAP-26-016San Antonio · goldGrade: 0.62Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-016
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.62
- Grade Unit
- g/t
- Intercept
- 10 m
- From
- 22.65 m
- To
- 32.65 m
- Hole Depth
- 138 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631840
- Northing
- 3167862
- Elevation
- 642 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a good width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.62”
Context: 10.0
SOSAP-26-016San Antonio · goldGrade: 0.93Grade Unit: g/tIntercept: 4.2 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-016
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.93
- Grade Unit
- g/t
- Intercept
- 4.2 m
- From
- 28.45 m
- To
- 32.65 m
- Hole Depth
- 138 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631840
- Northing
- 3167862
- Elevation
- 642 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a narrow width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.93”
Context: 4.2
SOSAP-26-018San Antonio · goldGrade: 1.33Grade Unit: g/tIntercept: 26.78 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-018
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.33
- Grade Unit
- g/t
- Intercept
- 26.78 m
- From
- 82.42 m
- To
- 109.2 m
- Hole Depth
- 109 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 632042
- Northing
- 3168011
- Elevation
- 662 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A strong grade gold intercept over a good width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.33”
Context: 26.78
SOSAP-26-018San Antonio · goldGrade: 1.48Grade Unit: g/tIntercept: 23.58 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-018
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.48
- Grade Unit
- g/t
- Intercept
- 23.58 m
- From
- 82.42 m
- To
- 106 m
- Hole Depth
- 109 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 632042
- Northing
- 3168011
- Elevation
- 662 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a strong grade gold intercept over a good width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.48”
Context: 23.58
SOSAP-26-018San Antonio · goldGrade: 1.66Grade Unit: g/tIntercept: 19.3 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-018
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.66
- Grade Unit
- g/t
- Intercept
- 19.3 m
- From
- 82.42 m
- To
- 101.72 m
- Hole Depth
- 109 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 632042
- Northing
- 3168011
- Elevation
- 662 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a strong grade gold intercept over a good width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.66”
Context: 19.3
SOSAP-26-019San Antonio · goldGrade: 0.26Grade Unit: g/tIntercept: 22.5 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-019
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.26
- Grade Unit
- g/t
- Intercept
- 22.5 m
- From
- 12 m
- To
- 34.5 m
- Hole Depth
- 132 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631873
- Northing
- 3167856
- Elevation
- 634 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A weak grade gold intercept over a good width, contributing to the first results from a new project. The grade is weak for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.26”
Context: 22.5
SOSAP-26-019San Antonio · goldGrade: 0.56Grade Unit: g/tIntercept: 5.7 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-019
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.56
- Grade Unit
- g/t
- Intercept
- 5.7 m
- From
- 25.8 m
- To
- 31.5 m
- Hole Depth
- 132 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631873
- Northing
- 3167856
- Elevation
- 634 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a moderate grade gold intercept over a narrow width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.56”
Context: 5.7
SOSAP-26-019San Antonio · goldGrade: 0.89Grade Unit: g/tIntercept: 7.75 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-019
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.89
- Grade Unit
- g/t
- Intercept
- 7.75 m
- From
- 45.25 m
- To
- 53 m
- Hole Depth
- 132 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631873
- Northing
- 3167856
- Elevation
- 634 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is moderate for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“0.89”
Context: 7.75
SOSAP-26-020San Antonio · goldGrade: 2.13Grade Unit: g/tIntercept: 23.6 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-020
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 2.13
- Grade Unit
- g/t
- Intercept
- 23.6 m
- From
- 0 m
- To
- 23.6 m
- Hole Depth
- 210 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631835
- Northing
- 3167990
- Elevation
- 655 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A strong grade gold intercept from surface over a good width, representing the headline result and contributing significantly to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Positive factors
- High-grade intercept from surface
Negative factors
- Apparent Width Only
Evidence · table
“2.13”
Context: 23.6
SOSAP-26-020San Antonio · goldGrade: 1.45Grade Unit: g/tIntercept: 7.5 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-020
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.45
- Grade Unit
- g/t
- Intercept
- 7.5 m
- From
- 35.1 m
- To
- 42.6 m
- Hole Depth
- 210 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631835
- Northing
- 3167990
- Elevation
- 655 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A strong grade gold intercept over a moderate width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.45”
Context: 7.5
SOSAP-26-020San Antonio · goldGrade: 1.24Grade Unit: g/tIntercept: 3.8 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-020
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.24
- Grade Unit
- g/t
- Intercept
- 3.8 m
- From
- 64 m
- To
- 67.8 m
- Hole Depth
- 210 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631835
- Northing
- 3167990
- Elevation
- 655 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A strong grade gold intercept over a narrow width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.24”
Context: 3.8
SOSAP-26-021San Antonio · goldGrade: 1.31Grade Unit: g/tIntercept: 27.05 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-021
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.31
- Grade Unit
- g/t
- Intercept
- 27.05 m
- From
- 28.7 m
- To
- 55.75 m
- Hole Depth
- 81 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631829
- Northing
- 3167882
- Elevation
- 657 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A strong grade gold intercept over a good width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.31”
Context: 27.05
SOSAP-26-021San Antonio · goldGrade: 1.71Grade Unit: g/tIntercept: 12.45 mView all detailsHide details
Identity
- Hole ID
- SOSAP-26-021
- Project
- San Antonio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.71
- Grade Unit
- g/t
- Intercept
- 12.45 m
- From
- 30.4 m
- To
- 42.85 m
- Hole Depth
- 81 m
Classification
- Program
- resource
- Sample Type
- drill
Location
- Easting
- 631829
- Northing
- 3167882
- Elevation
- 657 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A sub-interval with a strong grade gold intercept over a good width, contributing to the first results from a new project. The grade is strong for an open-pit gold deposit. No true width was stated.
Negative factors
- Apparent Width Only
Evidence · table
“1.71”
Context: 12.45
Fact 42San Antonio · goldGrade: 1.2Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- San Antonio
- Commodity
- gold
- Ticker
- AXO
Geometry
- Grade
- 1.2
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-01-01T00:00:00.000Z
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: This is a historical indicated resource estimate for gold, mentioned for context but not new information. The estimate is from 2021, making it stale.
Negative factors
- Stale Estimate
Evidence · text
“Total resources at San Antonio stand at 576koz Au grading 1.20 g/t Au and in the Indicated category”
Fact 43San Antonio · goldGrade: 1.02Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- San Antonio
- Commodity
- gold
- Ticker
- AXO
Geometry
- Grade
- 1.02
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-01-01T00:00:00.000Z
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: This is a historical inferred resource estimate for gold, mentioned for context but not new information. The estimate is from 2021, making it stale, and inferred resources carry lower confidence.
Negative factors
- Stale Estimate
- Inferred Resource
Evidence · text
“with 544koz Au grading 1.02 g/t Au in the Inferred category across all deposit types”
Fact 44San Antonio · silverGrade: 2.9Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- San Antonio
- Commodity
- silver
- Ticker
- AXO
Geometry
- Grade
- 2.9
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-01-01T00:00:00.000Z
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: This is a historical indicated resource estimate for silver, mentioned for context but not new information. The estimate is from 2021, making it stale.
Negative factors
- Stale Estimate
Evidence · text
“Total resources at San Antonio stand at 576koz Au and 1.37moz Ag grading 1.20 g/t Au and 2.9g/t Ag in the Indicated category”
Fact 45San Antonio · silverGrade: 3.3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- San Antonio
- Commodity
- silver
- Ticker
- AXO
Geometry
- Grade
- 3.3
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-01-01T00:00:00.000Z
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: This is a historical inferred resource estimate for silver, mentioned for context but not new information. The estimate is from 2021, making it stale, and inferred resources carry lower confidence.
Negative factors
- Stale Estimate
- Inferred Resource
Evidence · text
“with 544koz Au and 1.76moz Ag grading 1.02 g/t Au and 3.3g/t Ag in the Inferred category across all deposit types”
Fact 46Sapuchi · goldGrade: 0.85Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Sapuchi
- Commodity
- gold
- Ticker
- AXO
Geometry
- Grade
- 0.85
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-01-01T00:00:00.000Z
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: This is a historical indicated resource estimate for gold at Sapuchi, mentioned for context but not new information. The estimate is from 2021, making it stale.
Negative factors
- Stale Estimate
Evidence · text
“Oxide resources at Sapuchi within the 2021 resource block model stood at 53koz Au grading 0.85 g/t Au in the Indicated category”
Fact 47Sapuchi · goldGrade: 0.74Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Sapuchi
- Commodity
- gold
- Ticker
- AXO
Geometry
- Grade
- 0.74
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-01-01T00:00:00.000Z
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: This is a historical inferred resource estimate for gold at Sapuchi, mentioned for context but not new information. The estimate is from 2021, making it stale, and inferred resources carry lower confidence.
Negative factors
- Stale Estimate
- Inferred Resource
Evidence · text
“and 75koz Au grading 0.74 g/t Au in the Inferred category.”
Fact 48El Tigre · goldGrade: 1.11Grade Unit: g/tIntercept: 68.6 mView all detailsHide details
Identity
- Project
- El Tigre
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 1.11
- Grade Unit
- g/t
- Intercept
- 68.6 m
Classification
- Sample Type
- channel
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A strong grade gold channel sample over a very wide interval, indicating significant mineralization at the El Tigre target. This is new exploration data.
Positive factors
- High-grade intercept
- Continuous width
Evidence · text
“1.11g/t Au over 68.6 metres”
Fact 49El Tigre · goldGrade: 4Grade Unit: g/tIntercept: 12.2 mView all detailsHide details
Identity
- Project
- El Tigre
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 4
- Grade Unit
- g/t
- Intercept
- 12.2 m
Classification
- Sample Type
- channel
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: An exceptional grade gold channel sample over a good width, representing a high-grade sub-interval within a broader zone at the El Tigre target. This is new exploration data.
Positive factors
- High-grade intercept
- Continuous width
Evidence · text
“4.00g/t Au over 12.2 metres”
Fact 50El Tigre · goldGrade: 0.82Grade Unit: g/tIntercept: 46.8 mView all detailsHide details
Identity
- Project
- El Tigre
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 0.82
- Grade Unit
- g/t
- Intercept
- 46.8 m
Classification
- Sample Type
- channel
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: A moderate grade gold channel sample over a very wide interval, indicating significant mineralization at the El Tigre target. This is new exploration data.
Positive factors
- Continuous width
Evidence · text
“0.82g/t Au over 46.8 metres”
Fact 51El Tigre · goldGrade: 5.76Grade Unit: g/tIntercept: 4.9 mView all detailsHide details
Identity
- Project
- El Tigre
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 5.76
- Grade Unit
- g/t
- Intercept
- 4.9 m
Classification
- Sample Type
- channel
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: An exceptional grade gold channel sample over a narrow width, representing a high-grade sub-interval within a broader zone at the El Tigre target. This is new exploration data.
Positive factors
- High-grade intercept
Evidence · text
“5.76g/t Au over 4.9 metres”
Fact 52El Tigre · goldGrade: 6.24Grade Unit: g/tIntercept: 5.4 mView all detailsHide details
Identity
- Project
- El Tigre
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- AXO
Geometry
- Grade
- 6.24
- Grade Unit
- g/t
- Intercept
- 5.4 m
Classification
- Sample Type
- channel
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-26T00:00:00.000Z
Reasoning: An exceptional grade gold channel sample over a moderate width, indicating significant mineralization at the El Tigre target. This is new exploration data.
Positive factors
- High-grade intercept
Evidence · text
“6.24g/t Au over 5.4 metres”
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.