Capitan Expands High-Grade Silver Mineralization to 600 Metres Down-Dip and Announces New CRD Discovery at Cruz De Plata
Original announcement by orestocks on
- Company
- Capitan Silver Corp.
- Ticker
- CAPT.V
- Exchange
- Unavailable
- Region
- Durango, Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold, Copper, Lead, Zinc
- Document categories
- Drill results
- Extracted
- 2026-10-19 06:20:14 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Capitan Silver Corp. announced impressive drill results from its Cruz de Plata project in Mexico, extending high-grade silver mineralization to 600 metres down-dip, marking the deepest intercept to date. The program also revealed a new Carbonate Replacement Deposit (CRD) discovery at depth, characterized by polymetallic mineralization with bonanza silver equivalent grades up to 1,639.3 g/t AgEq over 0.9 metres. These results significantly expand the project's scale and potential, with assays pending for 80 additional drill holes.
Reasoning: The drill program successfully extended high-grade silver and base metal mineralization to 600m down-dip, including bonanza AgEq grades up to 1,639.3 g/t over 0.9m. The discovery of CRD mineralization at depth represents a new, high-potential mineralizing event, significantly expanding the project's scale and geological understanding. QA/QC and metal equivalent assumptions are well-disclosed, though a unit mismatch in the AgEq calculation is noted.
Positive factors
- Bonanza grades
- Significant depth extension
- New CRD discovery
- Polymetallic mineralization
- QA/QC disclosed
- Metal equivalent assumptions disclosed
- Compositing parameters disclosed
Negative factors
- Apparent width only for new discoveries
- Metal equivalent calculation unit mismatch
Facts used in scoring: 4
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
26-ERDD-19Cruz de Plata · silverGrade: 37.1Grade Unit: g/tIntercept: 4.3 mView all detailsHide details
Identity
- Hole ID
- 26-ERDD-19
- Project
- Cruz de Plata
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- CAPT.V
Geometry
- Grade
- 37.1
- Grade Unit
- g/t
- Intercept
- 4.3 m
- From
- 141.9 m
- To
- 146.2 m
- Intercept Depth
- 141.9 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26-ERDD-19:141.9-146.2
- Mining Method
- underground
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- SGS labs and ALS laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Metal Equivalent
- Metal Eq. Grade
- 50.33
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Compositing
- Cutoff Grade
- 25
- Cutoff Unit
- g/t AgEq
- Dilution Disclosed
- Yes
- Max Dilution
- 3 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept shows moderate silver equivalent grades over a narrow width, contributing to the overall understanding of the deposit but not a highlight.
Evidence · table
“37.10”
Context: 4.3
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26-ERDD-19Cruz de Plata · silverGrade: 19.66Grade Unit: g/tIntercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- 26-ERDD-19
- Project
- Cruz de Plata
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- CAPT.V
Geometry
- Grade
- 19.66
- Grade Unit
- g/t
- Intercept
- 4.4 m
- From
- 258 m
- To
- 262.4 m
- Intercept Depth
- 258 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26-ERDD-19:258-262.4
- Mining Method
- underground
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- SGS labs and ALS laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Metal Equivalent
- Metal Eq. Grade
- 38.22
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Compositing
- Cutoff Grade
- 25
- Cutoff Unit
- g/t AgEq
- Dilution Disclosed
- Yes
- Max Dilution
- 3 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept shows moderate silver equivalent grades over a narrow width, contributing to the overall understanding of the deposit but not a highlight.
Evidence · table
“19.66”
Context: 4.4
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26-ERDD-19Cruz de Plata · silverGrade: 287.88Grade Unit: g/tIntercept: 3.4 mView all detailsHide details
Identity
- Hole ID
- 26-ERDD-19
- Project
- Cruz de Plata
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- CAPT.V
Geometry
- Grade
- 287.88
- Grade Unit
- g/t
- Intercept
- 3.4 m
- From
- 274.2 m
- To
- 277.7 m
- Intercept Depth
- 274.2 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26-ERDD-19:274.2-277.7
- Mining Method
- underground
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- SGS labs and ALS laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Metal Equivalent
- Metal Eq. Grade
- 290.49
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Compositing
- Cutoff Grade
- 25
- Cutoff Unit
- g/t AgEq
- Dilution Disclosed
- Yes
- Max Dilution
- 3 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept shows strong silver equivalent grades over a moderate width, indicating good mineralization.
Positive factors
- High-grade silver equivalent
Evidence · table
“287.88”
Context: 3.4
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26-ERDD-19Cruz de Plata · silverGrade: 362.53Grade Unit: g/tIntercept: 2.4 mView all detailsHide details
Identity
- Hole ID
- 26-ERDD-19
- Project
- Cruz de Plata
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- CAPT.V
Geometry
- Grade
- 362.53
- Grade Unit
- g/t
- Intercept
- 2.4 m
- From
- 274.2 m
- To
- 276.7 m
- Intercept Depth
- 274.2 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26-ERDD-19:274.2-276.7
- Mining Method
- underground
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- SGS labs and ALS laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Metal Equivalent
- Metal Eq. Grade
- 363.56
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Compositing
- Cutoff Grade
- 25
- Cutoff Unit
- g/t AgEq
- Dilution Disclosed
- Yes
- Max Dilution
- 3 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This sub-interval shows higher silver equivalent grades over a narrower width, indicating a high-grade core within the broader interval.
Positive factors
- High-grade silver equivalent
Evidence · table
“362.53”
Context: 2.4
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
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.