# Capitan Expands High-Grade Silver Mineralization to 600 Metres Down-Dip and Announces New CRD Discovery at Cruz De Plata

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/capitan-expands-high-grade-silver-mineralization-to-600-metres-down-dip-and-anno--102d918a-37eb-49b7-abaf-b80b5568454b

Original source: https://orestocks.com/company/CAPT.V/press-releases/5948365221492606

Publisher: orestocks

Original announcement: 2026-10-19T06:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-19T06:20:14.131Z

Atlas analysis updated: 2026-10-19T06:20:14.131Z

- 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

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas 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 factor: Bonanza grades

- Positive factor: Significant depth extension

- Positive factor: New CRD discovery

- Positive factor: Polymetallic mineralization

- Positive factor: QA/QC disclosed

- Positive factor: Metal equivalent assumptions disclosed

- Positive factor: Compositing parameters disclosed

- Negative factor: Apparent width only for new discoveries

- Negative factor: Metal equivalent calculation unit mismatch

Facts used in scoring: 4

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### 26-ERDD-19

[Link to this fact](https://atlas-staging.minestarters.com/news/capitan-expands-high-grade-silver-mineralization-to-600-metres-down-dip-and-anno--102d918a-37eb-49b7-abaf-b80b5568454b#fact-drill-facts-0)

Cruz de Plata · silver

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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-19

[Link to this fact](https://atlas-staging.minestarters.com/news/capitan-expands-high-grade-silver-mineralization-to-600-metres-down-dip-and-anno--102d918a-37eb-49b7-abaf-b80b5568454b#fact-drill-facts-1)

Cruz de Plata · silver

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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-19

[Link to this fact](https://atlas-staging.minestarters.com/news/capitan-expands-high-grade-silver-mineralization-to-600-metres-down-dip-and-anno--102d918a-37eb-49b7-abaf-b80b5568454b#fact-drill-facts-2)

Cruz de Plata · silver

#### 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 factor: High-grade silver equivalent

Evidence · table

> 287.88

Context: 3.4

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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-19

[Link to this fact](https://atlas-staging.minestarters.com/news/capitan-expands-high-grade-silver-mineralization-to-600-metres-down-dip-and-anno--102d918a-37eb-49b7-abaf-b80b5568454b#fact-drill-facts-3)

Cruz de Plata · silver

#### 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 factor: High-grade silver equivalent

Evidence · table

> 362.53

Context: 2.4

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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.
