BP Silver Corp Reports Surface Samples up to 935 g/t Silver, 1.51 g/t Gold, 5.65% Zinc, and 3.16% Lead at the Jalsuri Target Cluster and Mobilizes Second Drill Rig at the Cosuño Silver Project

Original announcement by tmx on

Company
BP Silver Corp
Ticker
BPAG
Exchange
TSX
Region
Bolivia
Primary commodity
Silver
Secondary commodities
Gold, Zinc, Lead
Document categories
Drill results, Other
Extracted
2026-08-23 02:24:45 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

BP Silver Corp reported high-grade surface chip channel samples at the newly identified Jalsuri Target Cluster within the Cosuño Silver Project in Bolivia. Results include silver up to 935 g/t and gold up to 1.51 g/t, supporting the potential for both near-surface open-pit and deeper vein mineralization. The company has also mobilized a second drill rig to accelerate Phase 2 drilling.

Reasoning: Significant high-grade silver (935 g/t) and gold (1.51 g/t) surface intercepts across a 2,100m strike length at new targets, coupled with increased drilling activity.

Positive factors

  • high-grade surface intercepts
  • widespread mineralization continuity
  • newly identified targets
  • mobilization of second drill rig

Negative factors

  • apparent width only (surface sampling)
  • true width unknown

Facts used in scoring: 8

Atlas analysis — BP Silver Corp: BP Silver Corp Reports Surface Samples up to 935 g/t Silver, 1.51 g/t Gold, 5.65% Zinc, and 3.16% Lead at the Jalsuri Target Cluster and Mobilizes Second Drill Rig at the Cosuño Silver Project. 935 g/t over 1.1 m; 467 g/t over 2 m; 219 g/t over 2 m

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: Release mentions ALS laboratory, ISO accreditation, and use of standards, blanks, and duplicates.

Evidence · text

“BPAG inserted certified standard reference materials (CSRM), blanks and duplicates to monitor QAQC.”

Apparent Width Onlynegative

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

Why it applies: Reported channel sample intervals are sample lengths and may not represent true widths.

Evidence · text

“Reported channel sample intervals are sample lengths and may not represent true widths.”

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Drill Results (8)

Fact 1Cosuño Silver Project · silverGrade: 935Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Project
Cosuño Silver Project
Commodity
silver
Region
bolivia
Reported Region
Bolivia
Ticker
BPAG

Geometry

Grade
935
Grade Unit
g/t
Intercept
1.1 m

Classification

Sample Type
channel
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-29T00:00:00.000Z

Reasoning: 935 g/t Ag is an exceptional silver intercept for surface sampling.

Positive factors

  • exceptional silver grade

Negative factors

  • surface sample only

Evidence · text

“1.10 m @ 935.00 g/t Ag”
Fact 2Cosuño Silver Project · goldGrade: 0.32Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Project
Cosuño Silver Project
Commodity
gold
Region
bolivia
Reported Region
Bolivia
Ticker
BPAG

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
1.1 m

Classification

Sample Type
channel
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-29T00:00:00.000Z

Reasoning: 0.32 g/t Au accompanies an exceptional silver intercept.

Positive factors

  • accompanying high silver

Evidence · text

“1.10 m @ 935.00 g/t Ag and 0.32 g/t Au”
Fact 3Cosuño Silver Project · silverGrade: 327Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cosuño Silver Project
Commodity
silver
Region
bolivia
Reported Region
Bolivia
Ticker
BPAG

Geometry

Grade
327
Grade Unit
g/t

Classification

Sample Type
surface
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-29T00:00:00.000Z

Reasoning: High grade gold from a mine dump sample.

Positive factors

  • high gold grade

Evidence · text

“Dump Sample @ 327.00 g/t Ag and 1.51 g/t Au”
Fact 4Cosuño Silver Project · goldGrade: 1.51Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cosuño Silver Project
Commodity
gold
Region
bolivia
Reported Region
Bolivia
Ticker
BPAG

Geometry

Grade
1.51
Grade Unit
g/t

Classification

Sample Type
surface
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-29T00:00:00.000Z

Reasoning: 1.51 g/t Au is a strong gold grade for surface sampling.

Positive factors

  • strong gold grade

Evidence · text

“Dump Sample @ 327.00 g/t Ag and 1.51 g/t Au”
Fact 5Cosuño Silver Project · silverGrade: 219Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Project
Cosuño Silver Project
Commodity
silver
Region
bolivia
Reported Region
Bolivia
Ticker
BPAG

Geometry

Grade
219
Grade Unit
g/t
Intercept
2 m

Classification

Sample Type
channel
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-29T00:00:00.000Z

Reasoning: 219 g/t Ag is a strong intercept.

Positive factors

  • strong silver grade

Evidence · text

“2.0 m @ 219.00 g/t Ag and 0.41 g/t Au”
Fact 6Cosuño Silver Project · goldGrade: 0.41Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Project
Cosuño Silver Project
Commodity
gold
Region
bolivia
Reported Region
Bolivia
Ticker
BPAG

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
2 m

Classification

Sample Type
channel
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-29T00:00:00.000Z

Reasoning: 0.41 g/t Au is moderate.

Evidence · text

“2.0 m @ 219.00 g/t Ag and 0.41 g/t Au”
Fact 7Cosuño Silver Project · silverGrade: 467Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Project
Cosuño Silver Project
Commodity
silver
Region
bolivia
Reported Region
Bolivia
Ticker
BPAG

Geometry

Grade
467
Grade Unit
g/t
Intercept
2 m

Classification

Sample Type
channel
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-29T00:00:00.000Z

Reasoning: 467 g/t Ag is a strong intercept.

Positive factors

  • strong silver grade

Evidence · text

“2.00 m @ 467.00 g/t Ag”
Fact 8Cosuño Silver Project · silverGrade: 149Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Project
Cosuño Silver Project
Commodity
silver
Region
bolivia
Reported Region
Bolivia
Ticker
BPAG

Geometry

Grade
149
Grade Unit
g/t
Intercept
1.5 m

Classification

Sample Type
channel
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-29T00:00:00.000Z

Reasoning: 149 g/t Ag is moderate.

Evidence · text

“1.50 m @ 149.00 g/t Ag”

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.