# Capitan Silver expands silver mineralization and announces new CRD Discovery at Cruz De Plata Project, Mexico Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/capitan-silver-expands-silver-mineralization-and-announces-new-crd-discovery-at--6da58a7e-0b83-49db-8ae7-670e6f7cb97d Original source: https://resourceworld.com/capitan-silver-expands-silver-mineralization-and-announces-new-crd-discovery-at-cruz-de-plata-project-mexico/ Publisher: resourceworld Original announcement: 2026-10-19T11:44:34.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-19T16:18:46.490Z Atlas analysis updated: 2026-10-19T16:18:46.490Z - Company: Capitan Silver Corp. - Ticker: CAPT - Exchange: Unavailable - Region: Durango, Mexico - Primary commodity: Silver - Secondary commodities: Gold, Copper, Lead, Zinc - Document categories: Drill results, Other - Extracted: 2026-10-19 16:18:47 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Capitan Silver has announced a new CRD-type mineralization discovery at its Cruz de Plata project in Mexico, extending the Jesus Maria Silver Trend by 600 metres down-dip. The drill results include high-grade silver-equivalent intercepts and confirm the presence of a separate, prolific mineralizing event at depth. Reasoning: The announcement reports a significant new discovery of Carbonate Replacement Deposit \(CRD\) mineralization at depth, extending the high-grade silver system significantly down-dip. - Positive factor: Discovery of new CRD mineralization type - Positive factor: Significant depth extension \(600m down-dip\) - Positive factor: High-grade silver and base metal intercepts - Positive factor: Expansion of known mineralization footprint Facts used in scoring: 6 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling intersected high-grade mineralization 600 metres down-dip, extending the known system. Evidence · text > intersecting high-grade silver and base metal mineralization 600 metres down-dip in drill hole 26-ERDD-49 **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Intercept of 1,639.3 g/t AgEq is exceptionally high for a silver project. Evidence · text > 1,639.3 g/t AgEq over 0.9 metres ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### 26-ERDD-49 [Link to this fact](https://atlas-staging.minestarters.com/news/capitan-silver-expands-silver-mineralization-and-announces-new-crd-discovery-at--6da58a7e-0b83-49db-8ae7-670e6f7cb97d#fact-drill-facts-0) Cruz de Plata · silver #### Identity - Hole ID: 26-ERDD-49 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 959 - Grade Unit: g/t - Intercept: 0.9 m - From: 436.7 m - To: 437.6 m - Intercept Depth: 436.7 m #### Classification - Sample Type: drill - Group ID: 26-ERDD-49:436.7-437.6 - Mining Method: underground #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Very high grade silver intercept at depth. - Positive factor: High grade silver intercept Evidence · text > 959 g/t Ag, 2.72% Cu, 0.62 g/t Au, 12.26% Pb, and 7.96% Zn, over 0.9 m #### 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 **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous Karus Mining drills 14.6 metres of 4.8 g/t gold at FG Gold Project, British" ### 26-ERDD-49 [Link to this fact](https://atlas-staging.minestarters.com/news/capitan-silver-expands-silver-mineralization-and-announces-new-crd-discovery-at--6da58a7e-0b83-49db-8ae7-670e6f7cb97d#fact-drill-facts-1) Cruz de Plata · copper #### Identity - Hole ID: 26-ERDD-49 - Project: Cruz de Plata - Commodity: copper - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 2.72 - Grade Unit: % - Intercept: 0.9 m - From: 436.7 m - To: 437.6 m - Intercept Depth: 436.7 m #### Classification - Sample Type: drill - Group ID: 26-ERDD-49:436.7-437.6 - Mining Method: underground #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Significant copper grade accompanying silver. - Positive factor: Strong copper grade Evidence · text > 2.72% Cu #### 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 **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous Karus Mining drills 14.6 metres of 4.8 g/t gold at FG Gold Project, British" ### 26-ERDD-49 [Link to this fact](https://atlas-staging.minestarters.com/news/capitan-silver-expands-silver-mineralization-and-announces-new-crd-discovery-at--6da58a7e-0b83-49db-8ae7-670e6f7cb97d#fact-drill-facts-2) Cruz de Plata · gold #### Identity - Hole ID: 26-ERDD-49 - Project: Cruz de Plata - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 0.62 - Grade Unit: g/t - Intercept: 0.9 m - From: 436.7 m - To: 437.6 m - Intercept Depth: 436.7 m #### Classification - Sample Type: drill - Group ID: 26-ERDD-49:436.7-437.6 - Mining Method: underground #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Trace gold grade. Evidence · text > 0.62 g/t Au #### 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 **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous Karus Mining drills 14.6 metres of 4.8 g/t gold at FG Gold Project, British" ### 26-ERDD-49 [Link to this fact](https://atlas-staging.minestarters.com/news/capitan-silver-expands-silver-mineralization-and-announces-new-crd-discovery-at--6da58a7e-0b83-49db-8ae7-670e6f7cb97d#fact-drill-facts-3) Cruz de Plata · lead #### Identity - Hole ID: 26-ERDD-49 - Project: Cruz de Plata - Commodity: lead - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 12.26 - Grade Unit: % - Intercept: 0.9 m - From: 436.7 m - To: 437.6 m - Intercept Depth: 436.7 m #### Classification - Sample Type: drill - Group ID: 26-ERDD-49:436.7-437.6 - Mining Method: underground #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Strong lead grade in polymetallic intercept. - Positive factor: High grade lead Evidence · text > 12.26% Pb #### 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 **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous Karus Mining drills 14.6 metres of 4.8 g/t gold at FG Gold Project, British" ### 26-ERDD-49 [Link to this fact](https://atlas-staging.minestarters.com/news/capitan-silver-expands-silver-mineralization-and-announces-new-crd-discovery-at--6da58a7e-0b83-49db-8ae7-670e6f7cb97d#fact-drill-facts-4) Cruz de Plata · zinc #### Identity - Hole ID: 26-ERDD-49 - Project: Cruz de Plata - Commodity: zinc - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 7.96 - Grade Unit: % - Intercept: 0.9 m - From: 436.7 m - To: 437.6 m - Intercept Depth: 436.7 m #### Classification - Sample Type: drill - Group ID: 26-ERDD-49:436.7-437.6 - Mining Method: underground #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Strong zinc grade in polymetallic intercept. - Positive factor: Strong zinc grade Evidence · text > 7.96% Zn #### 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 **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous Karus Mining drills 14.6 metres of 4.8 g/t gold at FG Gold Project, British" ### 26-ERDD-49 [Link to this fact](https://atlas-staging.minestarters.com/news/capitan-silver-expands-silver-mineralization-and-announces-new-crd-discovery-at--6da58a7e-0b83-49db-8ae7-670e6f7cb97d#fact-drill-facts-5) Cruz de Plata · silver #### Identity - Hole ID: 26-ERDD-49 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 1639.3 - Grade Unit: g/t - Intercept: 0.9 m - From: 436.7 m - To: 437.6 m - Intercept Depth: 436.7 m #### Classification - Sample Type: drill - Group ID: 26-ERDD-49:436.7-437.6 - Mining Method: underground #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Extremely high silver equivalent grade. - Positive factor: Exceptional silver equivalent grade Evidence · text > 1,639.3 g/t AgEq over 0.9 metres #### 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 **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous Karus Mining drills 14.6 metres of 4.8 g/t gold at FG Gold Project, British" ## 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.