BP Silver Initial Drilling Intersects Significant Mineralization Within Cosuño Lithocap
Original announcement by tmx on
- Company
- BP Silver Corp.
- Ticker
- BPAG
- Exchange
- TSX
- Region
- Bolivia
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Drill results, Other
- Extracted
- 2026-08-23 02:52:13 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
BP Silver has reported significant initial drill results from its Cosuño Silver Project in Bolivia, with Hole CO-0001 and CO-0002 intersecting silver and gold mineralization within a lithocap. The results are considered highly significant as they demonstrate mineralization in a geological setting where lithocaps are typically barren.
Reasoning: Initial drilling at Cosuño has successfully identified significant silver and gold mineralization within a lithocap, which is geologically significant as these zones are often barren. The results confirm surface anomalies continue at depth.
Positive factors
- Significant silver grades in a lithocap
- Discovery of mineralization in typically barren lithocap
- QA/QC protocols disclosed
- High core recovery
Negative factors
- True widths not known
- Early stage project with no metallurgical test work
Facts used in scoring: 20
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 includes details on ALS laboratory, certified standards, blanks, and duplicates.
Evidence · text
“BPAG inserted certified standard reference materials (CSRM), blanks and duplicates to monitor QAQC.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling confirms surface silver anomalies continue at depth within the lithocap.
Evidence · text
“The assays demonstrate that silver and gold mineralization identified at surface continues at depth within the lithocap.”
Extracted facts
Stored fact records: 20. Some facts used in scoring do not have a stored record.
Drill Results (20)
CO-0001Cosuño · silverGrade: 38.1Grade Unit: g/tIntercept: 62 mView all detailsHide details
Identity
- Hole ID
- CO-0001
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 38.1
- Grade Unit
- g/t
- Intercept
- 62 m
- From
- 23 m
- To
- 85 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0001:23-85
- Mining Method
- unknown
Location
- Easting
- 747065
- Northing
- 7762846
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: 62m intercept at 38.1 g/t Ag confirms mineralization at depth.
Positive factors
- Significant width
Negative factors
- True width unknown
Evidence · table
“38.1”
Context: 62
CO-0001Cosuño · goldGrade: 0.22Grade Unit: g/tIntercept: 62 mView all detailsHide details
Identity
- Hole ID
- CO-0001
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 0.22
- Grade Unit
- g/t
- Intercept
- 62 m
- From
- 23 m
- To
- 85 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0001:23-85
- Mining Method
- unknown
Location
- Easting
- 747065
- Northing
- 7762846
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Gold accompanies silver in the main interval.
Positive factors
- Co-mineralization
Evidence · table
“0.22”
Context: 62
CO-0001Cosuño · silverGrade: 56.03Grade Unit: g/tIntercept: 29 mView all detailsHide details
Identity
- Hole ID
- CO-0001
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 56.03
- Grade Unit
- g/t
- Intercept
- 29 m
- From
- 35 m
- To
- 64 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0001:35-64
- Mining Method
- unknown
Location
- Easting
- 747065
- Northing
- 7762846
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Stronger silver grade within the main interval.
Positive factors
- Higher grade sub-interval
Evidence · table
“56.03”
Context: 29
CO-0001Cosuño · goldGrade: 0.28Grade Unit: g/tIntercept: 29 mView all detailsHide details
Identity
- Hole ID
- CO-0001
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 0.28
- Grade Unit
- g/t
- Intercept
- 29 m
- From
- 35 m
- To
- 64 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0001:35-64
- Mining Method
- unknown
Location
- Easting
- 747065
- Northing
- 7762846
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Gold grade in sub-interval.
Evidence · table
“0.28”
Context: 29
CO-0001Cosuño · silverGrade: 97.72Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- CO-0001
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 97.72
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 35 m
- To
- 40 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0001:35-40
- Mining Method
- unknown
Location
- Easting
- 747065
- Northing
- 7762846
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: High grade silver intercept.
Positive factors
- High grade
Evidence · table
“97.72”
Context: 5
CO-0001Cosuño · goldGrade: 0.39Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- CO-0001
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 0.39
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 35 m
- To
- 40 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0001:35-40
- Mining Method
- unknown
Location
- Easting
- 747065
- Northing
- 7762846
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Gold grade in high-grade silver sub-interval.
Evidence · table
“0.39”
Context: 5
CO-0001Cosuño · silverGrade: 114.15Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- CO-0001
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 114.15
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 48 m
- To
- 52 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0001:48-52
- Mining Method
- unknown
Location
- Easting
- 747065
- Northing
- 7762846
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Very high grade silver intercept.
Positive factors
- High grade
Evidence · table
“114.15”
Context: 4
CO-0001Cosuño · goldGrade: 0.42Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- CO-0001
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 0.42
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 48 m
- To
- 52 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0001:48-52
- Mining Method
- unknown
Location
- Easting
- 747065
- Northing
- 7762846
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Gold grade in high-grade silver sub-interval.
Evidence · table
“0.42”
Context: 4
CO-0002Cosuño · silverGrade: 23.43Grade Unit: g/tIntercept: 33 mView all detailsHide details
Identity
- Hole ID
- CO-0002
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 23.43
- Grade Unit
- g/t
- Intercept
- 33 m
- From
- 41 m
- To
- 76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0002:41-76
- Mining Method
- unknown
Location
- Easting
- 747063
- Northing
- 7762848
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: 33m intercept at 23.43 g/t Ag.
Positive factors
- Significant width
Evidence · table
“23.43”
Context: 33
CO-0002Cosuño · goldGrade: 0.46Grade Unit: g/tIntercept: 33 mView all detailsHide details
Identity
- Hole ID
- CO-0002
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 0.46
- Grade Unit
- g/t
- Intercept
- 33 m
- From
- 41 m
- To
- 76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0002:41-76
- Mining Method
- unknown
Location
- Easting
- 747063
- Northing
- 7762848
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Gold grade in main interval.
Evidence · table
“0.46”
Context: 33
CO-0002Cosuño · silverGrade: 35.8Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- CO-0002
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 35.8
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 57 m
- To
- 60 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0002:57-60
- Mining Method
- unknown
Location
- Easting
- 747063
- Northing
- 7762848
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Higher grade silver sub-interval.
Positive factors
- Higher grade sub-interval
Evidence · table
“35.8”
Context: 3
CO-0002Cosuño · goldGrade: 1.04Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- CO-0002
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 1.04
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 57 m
- To
- 60 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CO-0002:57-60
- Mining Method
- unknown
Location
- Easting
- 747063
- Northing
- 7762848
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS
- 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
- 2026-02-02T00:00:00.000Z
Reasoning: Gold grade is notably higher in this sub-interval.
Positive factors
- High grade gold
Evidence · table
“1.04”
Context: 3
inc.Cosuño · silverGrade: 56.03Grade Unit: g/tIntercept: 29 mView all detailsHide details
Identity
- Hole ID
- inc.
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 56.03
- Grade Unit
- g/t
- Intercept
- 29 m
- From
- 35 m
- To
- 64 m
Classification
- Sample Type
- drill
- Group ID
- inc.:35-64
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-02T00:00:00.000Z
Reasoning: Expanded from assay table. 56.03 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1624.9 g/t·m is moderate (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“56.03”
Context: inc.
inc.Cosuño · goldGrade: 0.28Grade Unit: g/tIntercept: 29 mView all detailsHide details
Identity
- Hole ID
- inc.
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 0.28
- Grade Unit
- g/t
- Intercept
- 29 m
- From
- 35 m
- To
- 64 m
Classification
- Sample Type
- drill
- Group ID
- inc.:35-64
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-02T00:00:00.000Z
Reasoning: Expanded from assay table. 0.28 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 8.1 g/t·m is below.
Negative factors
- 0.28 g/t gold is below the weak threshold (0.3 g/t) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.28”
Context: inc.
inc.Cosuño · silverGrade: 97.72Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- inc.
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 97.72
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 35 m
- To
- 40 m
Classification
- Sample Type
- drill
- Group ID
- inc.:35-40
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-02T00:00:00.000Z
Reasoning: Expanded from assay table. 97.72 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 488.6 g/t·m is weak.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“97.72”
Context: inc.
inc.Cosuño · goldGrade: 0.39Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- inc.
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 0.39
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 35 m
- To
- 40 m
Classification
- Sample Type
- drill
- Group ID
- inc.:35-40
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-02T00:00:00.000Z
Reasoning: Expanded from assay table. 0.39 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.0 g/t·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.39”
Context: inc.
AndCosuño · silverGrade: 114.15Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- And
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 114.15
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 48 m
- To
- 52 m
Classification
- Sample Type
- drill
- Group ID
- And:48-52
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-02T00:00:00.000Z
Reasoning: Expanded from assay table. 114.15 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 456.6 g/t·m is weak (grade alone is moderate; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“114.15”
Context: And
AndCosuño · goldGrade: 0.42Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- And
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 0.42
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 48 m
- To
- 52 m
Classification
- Sample Type
- drill
- Group ID
- And:48-52
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-02T00:00:00.000Z
Reasoning: Expanded from assay table. 0.42 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 1.7 g/t·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.42”
Context: And
inc.Cosuño · silverGrade: 35.8Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- inc.
- Project
- Cosuño
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 35.8
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 57 m
- To
- 60 m
Classification
- Sample Type
- drill
- Group ID
- inc.:57-60
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-02T00:00:00.000Z
Reasoning: Expanded from assay table. 35.8 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 107.4 g/t·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“35.8”
Context: inc.
inc.Cosuño · goldGrade: 1.04Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- inc.
- Project
- Cosuño
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- BPAG
Geometry
- Grade
- 1.04
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 57 m
- To
- 60 m
Classification
- Sample Type
- drill
- Group ID
- inc.:57-60
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-02T00:00:00.000Z
Reasoning: Expanded from assay table. 1.04 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 3.1 g/t·m is below (grade alone is moderate; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.04”
Context: inc.
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.