# Axo Metals Intercepts 23.6 metres of 2.13 g/t from Surface at the San Antonio Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a

Original source: https://money.tmx.com/en/quote/AXO/news/6748375616884637/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr

Publisher: tmx

Original announcement: 2026-05-26T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: High-grade gold intercept from surface

- Positive factor: Bonanza gold grade intercept

- Positive factor: First drill results from recently acquired project

- Positive factor: Infill drilling aims to upgrade resources and convert waste to ore

- Positive factor: QA/QC procedures disclosed and QP signed off

- Negative factor: No true width stated for drill intercepts

Facts used in scoring: 52

## Classification and evidence

**High Recovery**

Polarity: positive

Story-specific tag

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: The release explicitly states that '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 Signed**

Polarity: positive

Definition: 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 Only**

Polarity: negative

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

Why it applies: The 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 Drilling**

Polarity: neutral

Definition: 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-Supporting**

Polarity: neutral

Definition: 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 Estimate**

Polarity: negative

Definition: 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 Resource**

Polarity: negative

Definition: 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-26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-0)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.16

Context: 12.3

### SOSAP-26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-1)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.25

Context: 11.3

### SOSAP-26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-2)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.63

Context: 7.75

### SOSAP-26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-3)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.74

Context: 12.55

### SOSAP-26-004

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-4)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.39

Context: 15.05

### SOSAP-26-004

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-5)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.65

Context: 5.95

### SOSAP-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-6)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.54

Context: 9.0

### SOSAP-26-007

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-7)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.65

Context: 18.1

### SOSAP-26-007

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-8)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.78

Context: 14.29

### SOSAP-26-007

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-9)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.99

Context: 8.99

### SOSAP-26-007

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-10)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.38

Context: 8.1

### SOSAP-26-008

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-11)

San Antonio · gold

#### 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 factor: High-grade intercept from surface

- Negative factor: Apparent Width Only

Evidence · table

> 1.57

Context: 8.05

### SOSAP-26-009

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-12)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.50

Context: 9.8

### SOSAP-26-010

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-13)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.61

Context: 47.6

### SOSAP-26-010

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-14)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.94

Context: 26.5

### SOSAP-26-010

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-15)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.31

Context: 11.15

### SOSAP-26-011

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-16)

San Antonio · gold

#### 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 factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 13.15

Context: 0.9

### SOSAP-26-012

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-17)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.96

Context: 11.95

### SOSAP-26-012

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-18)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.25

Context: 7.75

### SOSAP-26-013

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-19)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.43

Context: 27.9

### SOSAP-26-013

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-20)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.73

Context: 10.05

### SOSAP-26-013

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-21)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.82

Context: 7.05

### SOSAP-26-013

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-22)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.59

Context: 4.0

### SOSAP-26-014

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-23)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.33

Context: 16.5

### SOSAP-26-014

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-24)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.75

Context: 5.14

### SOSAP-26-015

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-25)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.61

Context: 18.4

### SOSAP-26-015

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-26)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.03

Context: 6.5

### SOSAP-26-016

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-27)

San Antonio · gold

#### 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 factor: High-grade intercept from surface

- Negative factor: Apparent Width Only

Evidence · table

> 0.40

Context: 33.55

### SOSAP-26-016

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-28)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.62

Context: 10.0

### SOSAP-26-016

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-29)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.93

Context: 4.2

### SOSAP-26-018

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-30)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.33

Context: 26.78

### SOSAP-26-018

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-31)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.48

Context: 23.58

### SOSAP-26-018

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-32)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.66

Context: 19.3

### SOSAP-26-019

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-33)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.26

Context: 22.5

### SOSAP-26-019

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-34)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.56

Context: 5.7

### SOSAP-26-019

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-35)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 0.89

Context: 7.75

### SOSAP-26-020

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-36)

San Antonio · gold

#### 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 factor: High-grade intercept from surface

- Negative factor: Apparent Width Only

Evidence · table

> 2.13

Context: 23.6

### SOSAP-26-020

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-37)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.45

Context: 7.5

### SOSAP-26-020

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-38)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.24

Context: 3.8

### SOSAP-26-021

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-39)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.31

Context: 27.05

### SOSAP-26-021

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-40)

San Antonio · gold

#### 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 factor: Apparent Width Only

Evidence · table

> 1.71

Context: 12.45

### Fact 42

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-41)

San Antonio · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 43

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-42)

San Antonio · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Stale Estimate

- Negative factor: Inferred Resource

Evidence · text

> with 544koz Au grading 1.02 g/t Au in the Inferred category across all deposit types

### Fact 44

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-43)

San Antonio · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 45

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-44)

San Antonio · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Stale Estimate

- Negative factor: 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 46

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-45)

Sapuchi · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 47

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-46)

Sapuchi · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Stale Estimate

- Negative factor: Inferred Resource

Evidence · text

> and 75koz Au grading 0.74 g/t Au in the Inferred category.

### Fact 48

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-47)

El Tigre · gold

#### 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 factor: High-grade intercept

- Positive factor: Continuous width

Evidence · text

> 1.11g/t Au over 68.6 metres

### Fact 49

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-48)

El Tigre · gold

#### 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 factor: High-grade intercept

- Positive factor: Continuous width

Evidence · text

> 4.00g/t Au over 12.2 metres

### Fact 50

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-49)

El Tigre · gold

#### 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 factor: Continuous width

Evidence · text

> 0.82g/t Au over 46.8 metres

### Fact 51

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-50)

El Tigre · gold

#### 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 factor: High-grade intercept

Evidence · text

> 5.76g/t Au over 4.9 metres

### Fact 52

[Link to this fact](https://atlas-staging.minestarters.com/news/axo-metals-intercepts-23-6-metres-of-2-13-g-t-from-surface-at-the-san-antonio-pr--c73645ea-afea-4e49-863a-51186811ce9a#fact-drill-facts-51)

El Tigre · gold

#### 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 factor: 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.