# First Majestic Receives Construction Permits for Santo Niño and Navidad; Advances Development Across the Santa Elena District Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705 Original source: https://orestocks.com/company/AG.TO/press-releases/4637559470847540 Publisher: orestocks Original announcement: 2026-06-26T00:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T01:39:34.939Z Atlas analysis updated: 2026-10-01T01:39:34.939Z - Company: First Majestic Silver Corp. - Ticker: AG.TO - Exchange: Unavailable - Region: Sonora, Mexico - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Drill results, Permitting - Extracted: 2026-10-01 01:39:35 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary First Majestic Silver Corp. announced positive infill and resource-conversion drill results from its Santo Niño and Navidad targets at the Santa Elena Silver/Gold Mine in Mexico, including high-grade silver and gold intercepts. The company also received construction permits for the Santo Niño and Navidad portals and plans an additional $12 million investment in 2026 to advance underground access, positioning Santo Niño for near-term mining and extending Santa Elena's mine life. Reasoning: First Majestic reported strong drill results, including bonanza grades, from resource conversion drilling at Santo Niño and Navidad, which are critical for advancing these targets to production. The receipt of construction permits and planned investment further de-risk and accelerate development, indicating a positive outlook for the Santa Elena district. - Positive factor: High-grade intercepts - Positive factor: Resource conversion drilling success - Positive factor: Construction permits received - Positive factor: Significant investment planned for development - Positive factor: Potential for near-term mining - Positive factor: Extension of mine life - Positive factor: True width disclosed - Positive factor: Comprehensive QA/QC Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 79 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 79. Some facts used in scoring do not have a stored record. ## Drill Results (79) ### SE-26-84 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-0) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-84 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 252 - Grade Unit: g/t - Intercept: 3.68 m - True Width: 3.68 m - From: 229.35 m - To: 234.15 m - Hole Depth: 294 m - Intercept Depth: 229.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-84:229.35-234.15 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320195 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 226 ° - Dip: -56.38 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver grades over a moderate true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 252 Context: 229.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.68 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-84 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-1) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-84 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 8.46 - Grade Unit: g/t - Intercept: 3.68 m - True Width: 3.68 m - From: 229.35 m - To: 234.15 m - Hole Depth: 294 m - Intercept Depth: 229.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-84:229.35-234.15 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320195 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 226 ° - Dip: -56.38 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a moderate true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 8.46 Context: 229.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.68 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-84 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-2) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-84 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 886 - Grade Unit: g/t - Intercept: 3.68 m - True Width: 3.68 m - From: 229.35 m - To: 234.15 m - Hole Depth: 294 m - Intercept Depth: 229.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-84:229.35-234.15 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320195 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 226 ° - Dip: -56.38 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 886 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a moderate true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 886 Context: 229.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.68 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-76 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-3) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-76 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 90 - Grade Unit: g/t - Intercept: 5.58 m - True Width: 5.58 m - From: 203.7 m - To: 216.9 m - Hole Depth: 312 m - Intercept Depth: 203.7 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-76:203.7-216.9 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320167 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 247 ° - Dip: -63.94 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 90 Context: 203.70 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.58 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-76 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-4) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-76 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 5.23 - Grade Unit: g/t - Intercept: 5.58 m - True Width: 5.58 m - From: 203.7 m - To: 216.9 m - Hole Depth: 312 m - Intercept Depth: 203.7 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-76:203.7-216.9 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320167 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 247 ° - Dip: -63.94 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 5.23 Context: 203.70 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.58 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-76 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-5) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-76 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 482 - Grade Unit: g/t - Intercept: 5.58 m - True Width: 5.58 m - From: 203.7 m - To: 216.9 m - Hole Depth: 312 m - Intercept Depth: 203.7 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-76:203.7-216.9 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320167 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 247 ° - Dip: -63.94 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 482 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 482 Context: 203.70 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.58 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-65 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-6) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-65 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 111 - Grade Unit: g/t - Intercept: 5.8 m - True Width: 5.8 m - From: 197.35 m - To: 204.05 m - Hole Depth: 255 m - Intercept Depth: 197.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-65:197.35-204.05 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581178 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 195 ° - Dip: -52.71 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 111 Context: 197.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.8 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-65 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-7) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-65 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 4.04 - Grade Unit: g/t - Intercept: 5.8 m - True Width: 5.8 m - From: 197.35 m - To: 204.05 m - Hole Depth: 255 m - Intercept Depth: 197.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-65:197.35-204.05 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581178 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 195 ° - Dip: -52.71 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 4.04 Context: 197.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.8 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-65 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-8) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-65 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 414 - Grade Unit: g/t - Intercept: 5.8 m - True Width: 5.8 m - From: 197.35 m - To: 204.05 m - Hole Depth: 255 m - Intercept Depth: 197.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-65:197.35-204.05 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581178 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 195 ° - Dip: -52.71 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 414 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 414 Context: 197.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.8 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-86 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-9) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-86 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 333 - Grade Unit: g/t - Intercept: 1.57 m - True Width: 1.57 m - From: 339.15 m - To: 341.2 m - Hole Depth: 381 m - Intercept Depth: 339.15 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-86:339.15-341.2 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581304 - Northing: 3320295 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 814 m - Azimuth: 202 ° - Dip: -44.86 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver grades over a narrow true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 333 Context: 339.15 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.57 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-86 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-10) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-86 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 15.21 - Grade Unit: g/t - Intercept: 1.57 m - True Width: 1.57 m - From: 339.15 m - To: 341.2 m - Hole Depth: 381 m - Intercept Depth: 339.15 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-86:339.15-341.2 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581304 - Northing: 3320295 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 814 m - Azimuth: 202 ° - Dip: -44.86 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional gold grades over a narrow true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 15.21 Context: 339.15 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.57 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-86 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-11) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-86 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 1474 - Grade Unit: g/t - Intercept: 1.57 m - True Width: 1.57 m - From: 339.15 m - To: 341.2 m - Hole Depth: 381 m - Intercept Depth: 339.15 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-86:339.15-341.2 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581304 - Northing: 3320295 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 814 m - Azimuth: 202 ° - Dip: -44.86 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 1474 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional silver equivalent grades over a narrow true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 1474 Context: 339.15 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.57 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-82 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-12) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-82 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 77 - Grade Unit: g/t - Intercept: 10.87 m - True Width: 10.87 m - From: 365.35 m - To: 377.9 m - Hole Depth: 423 m - Intercept Depth: 365.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-82:365.35-377.9 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581305 - Northing: 3320295 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 814 m - Azimuth: 186 ° - Dip: -51.67 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: Good true width - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 77 Context: 365.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10.87 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-82 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-13) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-82 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 1.52 - Grade Unit: g/t - Intercept: 10.87 m - True Width: 10.87 m - From: 365.35 m - To: 377.9 m - Hole Depth: 423 m - Intercept Depth: 365.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-82:365.35-377.9 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581305 - Northing: 3320295 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 814 m - Azimuth: 186 ° - Dip: -51.67 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate gold grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate gold grade - Positive factor: Good true width - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 1.52 Context: 365.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10.87 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-82 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-14) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-82 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 191 - Grade Unit: g/t - Intercept: 10.87 m - True Width: 10.87 m - From: 365.35 m - To: 377.9 m - Hole Depth: 423 m - Intercept Depth: 365.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-82:365.35-377.9 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581305 - Northing: 3320295 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 814 m - Azimuth: 186 ° - Dip: -51.67 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 191 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver equivalent grades over a good true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver equivalent grade - Positive factor: Good true width - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 191 Context: 365.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10.87 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-089 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-15) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: EWUG-26-089 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 359 - Grade Unit: g/t - Intercept: 2.49 m - True Width: 2.49 m - From: 562.65 m - To: 565.3 m - Hole Depth: 879 m - Intercept Depth: 562.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-089:562.65-565.3 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583615 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 190 ° - Dip: 58 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver grades over a narrow true width, supporting resource conversion at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 359 Context: 562.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.49 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-089 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-16) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: EWUG-26-089 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 23.59 - Grade Unit: g/t - Intercept: 2.49 m - True Width: 2.49 m - From: 562.65 m - To: 565.3 m - Hole Depth: 879 m - Intercept Depth: 562.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-089:562.65-565.3 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583615 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 190 ° - Dip: 58 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional gold grades over a narrow true width, significantly contributing to resource conversion efforts at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 23.59 Context: 562.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.49 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-089 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-17) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: EWUG-26-089 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 2128 - Grade Unit: g/t - Intercept: 2.49 m - True Width: 2.49 m - From: 562.65 m - To: 565.3 m - Hole Depth: 879 m - Intercept Depth: 562.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-089:562.65-565.3 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583615 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 190 ° - Dip: 58 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 2128 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional silver equivalent grades over a narrow true width, significantly contributing to resource conversion efforts at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 2128 Context: 562.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.49 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-091 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-18) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: EWUG-26-091 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 28 - Grade Unit: g/t - Intercept: 14.89 m - True Width: 14.89 m - From: 601.65 m - To: 617.5 m - Hole Depth: 660 m - Intercept Depth: 601.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-091:601.65-617.5 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583614 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 203 ° - Dip: 52 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows weak silver grades over a good true width, supporting resource conversion at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence, but the grade is low. - Positive factor: Good true width - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC - Negative factor: Weak silver grade Evidence · table > 28 Context: 601.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 14.89 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-091 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-19) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: EWUG-26-091 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 3.5 - Grade Unit: g/t - Intercept: 14.89 m - True Width: 14.89 m - From: 601.65 m - To: 617.5 m - Hole Depth: 660 m - Intercept Depth: 601.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-091:601.65-617.5 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583614 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 203 ° - Dip: 52 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a good true width, supporting resource conversion at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade gold - Positive factor: Good true width - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 3.5 Context: 601.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 14.89 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-091 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-20) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: EWUG-26-091 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 291 - Grade Unit: g/t - Intercept: 14.89 m - True Width: 14.89 m - From: 601.65 m - To: 617.5 m - Hole Depth: 660 m - Intercept Depth: 601.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-091:601.65-617.5 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583614 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 203 ° - Dip: 52 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 291 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a good true width, supporting resource conversion at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: Good true width - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 291 Context: 601.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 14.89 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-088 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-21) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: EWUG-26-088 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 358 - Grade Unit: g/t - Intercept: 3.43 m - True Width: 3.43 m - From: 600.15 m - To: 605 m - Hole Depth: 789 m - Intercept Depth: 600.15 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-088:600.15-605 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583615 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 191 ° - Dip: 64 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver grades over a narrow true width, supporting resource conversion at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 358 Context: 600.15 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.43 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-088 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-22) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: EWUG-26-088 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 11.99 - Grade Unit: g/t - Intercept: 3.43 m - True Width: 3.43 m - From: 600.15 m - To: 605 m - Hole Depth: 789 m - Intercept Depth: 600.15 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-088:600.15-605 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583615 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 191 ° - Dip: 64 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional gold grades over a narrow true width, significantly contributing to resource conversion efforts at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 11.99 Context: 600.15 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.43 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### EWUG-26-088 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-23) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: EWUG-26-088 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 1257 - Grade Unit: g/t - Intercept: 3.43 m - True Width: 3.43 m - From: 600.15 m - To: 605 m - Hole Depth: 789 m - Intercept Depth: 600.15 m #### Classification - Program: resource - Sample Type: drill - Group ID: EWUG-26-088:600.15-605 - Mining Method: underground #### Location - Location: Winter Vein - Easting: 583615 - Northing: 3319502 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 579 m - Azimuth: 191 ° - Dip: 64 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 1257 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 110 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional silver equivalent grades over a narrow true width, significantly contributing to resource conversion efforts at the Winter Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 1257 Context: 600.15 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.43 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-25-58 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-24) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-25-58 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 0.58 - Grade Unit: g/t - Intercept: 3.18 m - True Width: 3.18 m - From: 935.85 m - To: 942.2 m - Hole Depth: 982 m - Intercept Depth: 935.85 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-25-58:935.85-942.2 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 582185 - Northing: 3320633 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 832 m - Azimuth: 190 ° - Dip: -58 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows weak gold grades over a narrow true width, contributing to resource addition at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence, but the grade is low. - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC - Negative factor: Weak gold grade Evidence · table > 0.58 Context: 935.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.18 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-25-58 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-25) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-25-58 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 63 - Grade Unit: g/t - Intercept: 3.18 m - True Width: 3.18 m - From: 935.85 m - To: 942.2 m - Hole Depth: 982 m - Intercept Depth: 935.85 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-25-58:935.85-942.2 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 582185 - Northing: 3320633 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 832 m - Azimuth: 190 ° - Dip: -58 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a narrow true width, contributing to resource addition at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 63 Context: 935.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.18 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-25-58 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-26) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-25-58 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 107 - Grade Unit: g/t - Intercept: 3.18 m - True Width: 3.18 m - From: 935.85 m - To: 942.2 m - Hole Depth: 982 m - Intercept Depth: 935.85 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-25-58:935.85-942.2 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 582185 - Northing: 3320633 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 832 m - Azimuth: 190 ° - Dip: -58 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 107 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver equivalent grades over a narrow true width, contributing to resource addition at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver equivalent grade - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 107 Context: 935.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.18 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-25-61 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-27) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-25-61 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 2.34 - Grade Unit: g/t - Intercept: 3.11 m - True Width: 3.11 m - From: 811 m - To: 814.8 m - Hole Depth: 878.1 m - Intercept Depth: 811 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-25-61:811-814.8 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581832 - Northing: 3320637 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 793 m - Azimuth: 170 ° - Dip: -47 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Strong gold grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 2.34 Context: 811.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.11 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-25-61 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-28) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-25-61 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 79 - Grade Unit: g/t - Intercept: 3.11 m - True Width: 3.11 m - From: 811 m - To: 814.8 m - Hole Depth: 878.1 m - Intercept Depth: 811 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-25-61:811-814.8 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581832 - Northing: 3320637 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 793 m - Azimuth: 170 ° - Dip: -47 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 79 Context: 811.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.11 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-25-61 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-29) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-25-61 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 255 - Grade Unit: g/t - Intercept: 3.11 m - True Width: 3.11 m - From: 811 m - To: 814.8 m - Hole Depth: 878.1 m - Intercept Depth: 811 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-25-61:811-814.8 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581832 - Northing: 3320637 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 793 m - Azimuth: 170 ° - Dip: -47 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 255 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 255 Context: 811.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.11 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-62 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-30) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-62 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 6.31 - Grade Unit: g/t - Intercept: 3.14 m - True Width: 3.14 m - From: 201.85 m - To: 205.95 m - Hole Depth: 250 m - Intercept Depth: 201.85 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-62:201.85-205.95 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581177 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 210 ° - Dip: -52.4 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional gold grades over a narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 6.31 Context: 201.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.14 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-62 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-31) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-62 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 131 - Grade Unit: g/t - Intercept: 3.14 m - True Width: 3.14 m - From: 201.85 m - To: 205.95 m - Hole Depth: 250 m - Intercept Depth: 201.85 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-62:201.85-205.95 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581177 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 210 ° - Dip: -52.4 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 131 Context: 201.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.14 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-62 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-32) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-62 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 604 - Grade Unit: g/t - Intercept: 3.14 m - True Width: 3.14 m - From: 201.85 m - To: 205.95 m - Hole Depth: 250 m - Intercept Depth: 201.85 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-62:201.85-205.95 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581177 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 210 ° - Dip: -52.4 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 604 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional silver equivalent grades over a narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 604 Context: 201.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.14 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-62 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-33) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-62 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 27.85 - Grade Unit: g/t - Intercept: 0.38 m - True Width: 0.38 m - From: 203.35 m - To: 203.85 m - Hole Depth: 250 m - Intercept Depth: 203.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-62:203.35-203.85 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581177 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 210 ° - Dip: -52.4 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows bonanza gold grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Bonanza gold grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 27.85 Context: 203.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.38 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-62 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-34) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-62 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 477 - Grade Unit: g/t - Intercept: 0.38 m - True Width: 0.38 m - From: 203.35 m - To: 203.85 m - Hole Depth: 250 m - Intercept Depth: 203.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-62:203.35-203.85 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581177 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 210 ° - Dip: -52.4 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows strong silver grades over a very narrow true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 477 Context: 203.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.38 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-62 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-35) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-62 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 2566 - Grade Unit: g/t - Intercept: 0.38 m - True Width: 0.38 m - From: 203.35 m - To: 203.85 m - Hole Depth: 250 m - Intercept Depth: 203.35 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-62:203.35-203.85 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581177 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 210 ° - Dip: -52.4 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 2566 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows bonanza silver equivalent grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Bonanza silver equivalent grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 2566 Context: 203.35 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.38 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-63 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-36) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-63 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 3.51 - Grade Unit: g/t - Intercept: 1.1 m - True Width: 1.1 m - From: 467.2 m - To: 468.75 m - Hole Depth: 516 m - Intercept Depth: 467.2 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-63:467.2-468.75 - Mining Method: underground #### Location - Location: Vein - Easting: 581511 - Northing: 3320381 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 192 ° - Dip: -43.62 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a very narrow true width, contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade gold - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 3.51 Context: 467.20 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.1 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-63 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-37) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-63 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 63 - Grade Unit: g/t - Intercept: 1.1 m - True Width: 1.1 m - From: 467.2 m - To: 468.75 m - Hole Depth: 516 m - Intercept Depth: 467.2 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-63:467.2-468.75 - Mining Method: underground #### Location - Location: Vein - Easting: 581511 - Northing: 3320381 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 192 ° - Dip: -43.62 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a very narrow true width, contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 63 Context: 467.20 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.1 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-63 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-38) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-63 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 326 - Grade Unit: g/t - Intercept: 1.1 m - True Width: 1.1 m - From: 467.2 m - To: 468.75 m - Hole Depth: 516 m - Intercept Depth: 467.2 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-63:467.2-468.75 - Mining Method: underground #### Location - Location: Vein - Easting: 581511 - Northing: 3320381 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 192 ° - Dip: -43.62 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 326 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a very narrow true width, contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 326 Context: 467.20 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.1 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-63 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-39) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-63 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 3.74 - Grade Unit: g/t - Intercept: 1.19 m - True Width: 1.19 m - From: 478.55 m - To: 480.1 m - Hole Depth: 516 m - Intercept Depth: 478.55 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-63:478.55-480.1 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581511 - Northing: 3320381 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 192 ° - Dip: -43.62 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a very narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 3.74 Context: 478.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.19 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-63 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-40) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-63 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 172 - Grade Unit: g/t - Intercept: 1.19 m - True Width: 1.19 m - From: 478.55 m - To: 480.1 m - Hole Depth: 516 m - Intercept Depth: 478.55 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-63:478.55-480.1 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581511 - Northing: 3320381 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 192 ° - Dip: -43.62 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a very narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 172 Context: 478.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.19 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-63 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-41) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-63 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 452 - Grade Unit: g/t - Intercept: 1.19 m - True Width: 1.19 m - From: 478.55 m - To: 480.1 m - Hole Depth: 516 m - Intercept Depth: 478.55 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-63:478.55-480.1 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581511 - Northing: 3320381 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 192 ° - Dip: -43.62 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 452 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a very narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 452 Context: 478.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.19 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-65 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-42) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-65 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 11.89 - Grade Unit: g/t - Intercept: 0.39 m - True Width: 0.39 m - From: 202.3 m - To: 202.75 m - Hole Depth: 255 m - Intercept Depth: 202.3 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-65:202.3-202.75 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581178 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 195 ° - Dip: -52.71 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows exceptional gold grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 11.89 Context: 202.30 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.39 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-65 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-43) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-65 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 93 - Grade Unit: g/t - Intercept: 0.39 m - True Width: 0.39 m - From: 202.3 m - To: 202.75 m - Hole Depth: 255 m - Intercept Depth: 202.3 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-65:202.3-202.75 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581178 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 195 ° - Dip: -52.71 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows moderate silver grades over a very narrow true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 93 Context: 202.30 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.39 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-65 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-44) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-65 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 985 - Grade Unit: g/t - Intercept: 0.39 m - True Width: 0.39 m - From: 202.3 m - To: 202.75 m - Hole Depth: 255 m - Intercept Depth: 202.3 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-65:202.3-202.75 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581178 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 195 ° - Dip: -52.71 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 985 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows exceptional silver equivalent grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 985 Context: 202.30 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.39 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-66 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-45) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-66 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 6.3 - Grade Unit: g/t - Intercept: 1.72 m - True Width: 1.72 m - From: 198.65 m - To: 200.75 m - Hole Depth: 224 m - Intercept Depth: 198.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-66:198.65-200.75 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 180 ° - Dip: -51.65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional gold grades over a narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 6.30 Context: 198.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.72 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-66 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-46) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-66 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 145 - Grade Unit: g/t - Intercept: 1.72 m - True Width: 1.72 m - From: 198.65 m - To: 200.75 m - Hole Depth: 224 m - Intercept Depth: 198.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-66:198.65-200.75 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 180 ° - Dip: -51.65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 145 Context: 198.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.72 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-66 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-47) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-66 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 617 - Grade Unit: g/t - Intercept: 1.72 m - True Width: 1.72 m - From: 198.65 m - To: 200.75 m - Hole Depth: 224 m - Intercept Depth: 198.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-66:198.65-200.75 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 180 ° - Dip: -51.65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 617 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows exceptional silver equivalent grades over a narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 617 Context: 198.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.72 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-66 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-48) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-66 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 10.83 - Grade Unit: g/t - Intercept: 0.66 m - True Width: 0.66 m - From: 199.45 m - To: 200.25 m - Hole Depth: 224 m - Intercept Depth: 199.45 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-66:199.45-200.25 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 180 ° - Dip: -51.65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows exceptional gold grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 10.83 Context: 199.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.66 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-66 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-49) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-66 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 291 - Grade Unit: g/t - Intercept: 0.66 m - True Width: 0.66 m - From: 199.45 m - To: 200.25 m - Hole Depth: 224 m - Intercept Depth: 199.45 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-66:199.45-200.25 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 180 ° - Dip: -51.65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows strong silver grades over a very narrow true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 291 Context: 199.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.66 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-66 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-50) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-66 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 1104 - Grade Unit: g/t - Intercept: 0.66 m - True Width: 0.66 m - From: 199.45 m - To: 200.25 m - Hole Depth: 224 m - Intercept Depth: 199.45 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-66:199.45-200.25 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581179 - Northing: 3320194 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 770 m - Azimuth: 180 ° - Dip: -51.65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 1104 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows exceptional silver equivalent grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 1104 Context: 199.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.66 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-67 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-51) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-67 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 1.76 - Grade Unit: g/t - Intercept: 1.61 m - True Width: 1.61 m - From: 467 m - To: 469.1 m - Hole Depth: 513 m - Intercept Depth: 467 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-67:467-469.1 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581511 - Northing: 3320382 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 201 ° - Dip: -43.61 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate gold grades over a very narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate gold grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 1.76 Context: 467.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.61 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-67 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-52) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-67 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 60 - Grade Unit: g/t - Intercept: 1.61 m - True Width: 1.61 m - From: 467 m - To: 469.1 m - Hole Depth: 513 m - Intercept Depth: 467 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-67:467-469.1 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581511 - Northing: 3320382 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 201 ° - Dip: -43.61 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a very narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 60 Context: 467.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.61 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-67 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-53) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-67 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 192 - Grade Unit: g/t - Intercept: 1.61 m - True Width: 1.61 m - From: 467 m - To: 469.1 m - Hole Depth: 513 m - Intercept Depth: 467 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-67:467-469.1 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581511 - Northing: 3320382 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 201 ° - Dip: -43.61 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 192 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver equivalent grades over a very narrow true width, contributing to resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver equivalent grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 192 Context: 467.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.61 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-67 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-54) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-67 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 2.23 - Grade Unit: g/t - Intercept: 1.88 m - True Width: 1.88 m - From: 470.5 m - To: 472.95 m - Hole Depth: 513 m - Intercept Depth: 470.5 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-67:470.5-472.95 - Mining Method: underground #### Location - Location: Santo Niño Vein 2 - Easting: 581511 - Northing: 3320382 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 201 ° - Dip: -43.61 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a very narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Strong gold grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 2.23 Context: 470.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.88 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-67 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-55) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-67 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 17 - Grade Unit: g/t - Intercept: 1.88 m - True Width: 1.88 m - From: 470.5 m - To: 472.95 m - Hole Depth: 513 m - Intercept Depth: 470.5 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-67:470.5-472.95 - Mining Method: underground #### Location - Location: Santo Niño Vein 2 - Easting: 581511 - Northing: 3320382 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 201 ° - Dip: -43.61 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows weak silver grades over a very narrow true width, contributing to resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence, but the grade is low. - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC - Negative factor: Weak silver grade Evidence · table > 17 Context: 470.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.88 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-67 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-56) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-67 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 184 - Grade Unit: g/t - Intercept: 1.88 m - True Width: 1.88 m - From: 470.5 m - To: 472.95 m - Hole Depth: 513 m - Intercept Depth: 470.5 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-67:470.5-472.95 - Mining Method: underground #### Location - Location: Santo Niño Vein 2 - Easting: 581511 - Northing: 3320382 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 201 ° - Dip: -43.61 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 184 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver equivalent grades over a very narrow true width, contributing to resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver equivalent grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 184 Context: 470.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.88 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-68 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-57) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-68 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 3.63 - Grade Unit: g/t - Intercept: 4.17 m - True Width: 4.17 m - From: 165.6 m - To: 171.05 m - Hole Depth: 216 m - Intercept Depth: 165.6 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-68:165.6-171.05 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320166 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 201 ° - Dip: -64.96 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 3.63 Context: 165.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-68 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-58) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-68 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 89 - Grade Unit: g/t - Intercept: 4.17 m - True Width: 4.17 m - From: 165.6 m - To: 171.05 m - Hole Depth: 216 m - Intercept Depth: 165.6 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-68:165.6-171.05 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320166 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 201 ° - Dip: -64.96 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 89 Context: 165.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-68 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-59) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-68 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 361 - Grade Unit: g/t - Intercept: 4.17 m - True Width: 4.17 m - From: 165.6 m - To: 171.05 m - Hole Depth: 216 m - Intercept Depth: 165.6 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-68:165.6-171.05 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320166 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 201 ° - Dip: -64.96 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 361 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 361 Context: 165.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-68 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-60) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-68 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 10.84 - Grade Unit: g/t - Intercept: 0.42 m - True Width: 0.42 m - From: 167.25 m - To: 167.8 m - Hole Depth: 216 m - Intercept Depth: 167.25 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-68:167.25-167.8 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320166 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 201 ° - Dip: -64.96 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows exceptional gold grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 10.84 Context: 167.25 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.42 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-68 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-61) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-68 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 111 - Grade Unit: g/t - Intercept: 0.42 m - True Width: 0.42 m - From: 167.25 m - To: 167.8 m - Hole Depth: 216 m - Intercept Depth: 167.25 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-68:167.25-167.8 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320166 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 201 ° - Dip: -64.96 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows moderate silver grades over a very narrow true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 111 Context: 167.25 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.42 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-68 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-62) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-68 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 924 - Grade Unit: g/t - Intercept: 0.42 m - True Width: 0.42 m - From: 167.25 m - To: 167.8 m - Hole Depth: 216 m - Intercept Depth: 167.25 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-68:167.25-167.8 - Mining Method: underground #### Location - Location: Santo Niño Vein - Easting: 581097 - Northing: 3320166 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 201 ° - Dip: -64.96 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 924 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows exceptional silver equivalent grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 924 Context: 167.25 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.42 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-63) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 2.96 - Grade Unit: g/t - Intercept: 3.68 m - True Width: 3.68 m - From: 127.05 m - To: 131.85 m - Hole Depth: 273 m - Intercept Depth: 127.05 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:127.05-131.85 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Strong gold grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 2.96 Context: 127.05 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.68 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-64) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 32 - Grade Unit: g/t - Intercept: 3.68 m - True Width: 3.68 m - From: 127.05 m - To: 131.85 m - Hole Depth: 273 m - Intercept Depth: 127.05 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:127.05-131.85 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 32 Context: 127.05 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.68 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-65) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 254 - Grade Unit: g/t - Intercept: 3.68 m - True Width: 3.68 m - From: 127.05 m - To: 131.85 m - Hole Depth: 273 m - Intercept Depth: 127.05 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:127.05-131.85 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 254 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 254 Context: 127.05 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.68 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-66) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 13.46 - Grade Unit: g/t - Intercept: 0.42 m - True Width: 0.42 m - From: 129.45 m - To: 130 m - Hole Depth: 273 m - Intercept Depth: 129.45 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:129.45-130 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows exceptional gold grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade gold - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 13.46 Context: 129.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.42 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-67) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 51 - Grade Unit: g/t - Intercept: 0.42 m - True Width: 0.42 m - From: 129.45 m - To: 130 m - Hole Depth: 273 m - Intercept Depth: 129.45 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:129.45-130 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows moderate silver grades over a very narrow true width, contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 51 Context: 129.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.42 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-68) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 1061 - Grade Unit: g/t - Intercept: 0.42 m - True Width: 0.42 m - From: 129.45 m - To: 130 m - Hole Depth: 273 m - Intercept Depth: 129.45 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:129.45-130 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 1061 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows exceptional silver equivalent grades over a very narrow true width, significantly contributing to resource conversion efforts at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Exceptional-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 1061 Context: 129.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.42 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-69) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 1.07 m - True Width: 1.07 m - From: 132.8 m - To: 134.2 m - Hole Depth: 273 m - Intercept Depth: 132.8 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:132.8-134.2 - Mining Method: underground #### Location - Location: Santo Niño Vein 2 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate gold grades over a very narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate gold grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 1.01 Context: 132.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.07 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-70) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 30 - Grade Unit: g/t - Intercept: 1.07 m - True Width: 1.07 m - From: 132.8 m - To: 134.2 m - Hole Depth: 273 m - Intercept Depth: 132.8 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:132.8-134.2 - Mining Method: underground #### Location - Location: Santo Niño Vein 2 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a very narrow true width, contributing to resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 30 Context: 132.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.07 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-71) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 106 - Grade Unit: g/t - Intercept: 1.07 m - True Width: 1.07 m - From: 132.8 m - To: 134.2 m - Hole Depth: 273 m - Intercept Depth: 132.8 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:132.8-134.2 - Mining Method: underground #### Location - Location: Santo Niño Vein 2 - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 106 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver equivalent grades over a very narrow true width, contributing to resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver equivalent grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 106 Context: 132.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.07 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-72) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 4.39 - Grade Unit: g/t - Intercept: 3.39 m - True Width: 3.39 m - From: 192.65 m - To: 197.45 m - Hole Depth: 273 m - Intercept Depth: 192.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:192.65-197.45 - Mining Method: underground #### Location - Location: Breccia - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a narrow true width, contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade gold - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 4.39 Context: 192.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.39 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-73) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 72 - Grade Unit: g/t - Intercept: 3.39 m - True Width: 3.39 m - From: 192.65 m - To: 197.45 m - Hole Depth: 273 m - Intercept Depth: 192.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:192.65-197.45 - Mining Method: underground #### Location - Location: Breccia - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows moderate silver grades over a narrow true width, contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 72 Context: 192.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.39 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-74) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 401 - Grade Unit: g/t - Intercept: 3.39 m - True Width: 3.39 m - From: 192.65 m - To: 197.45 m - Hole Depth: 273 m - Intercept Depth: 192.65 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:192.65-197.45 - Mining Method: underground #### Location - Location: Breccia - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 401 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong silver equivalent grades over a narrow true width, contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: High-grade silver equivalent - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 401 Context: 192.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.39 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-75) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 19.74 - Grade Unit: g/t - Intercept: 0.25 m - True Width: 0.25 m - From: 193.2 m - To: 193.55 m - Hole Depth: 273 m - Intercept Depth: 193.2 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:193.2-193.55 - Mining Method: underground #### Location - Location: Breccia - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows bonanza gold grades over a very narrow true width, significantly contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Bonanza gold grade - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 19.74 Context: 193.20 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.25 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-76) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 78 - Grade Unit: g/t - Intercept: 0.25 m - True Width: 0.25 m - From: 193.2 m - To: 193.55 m - Hole Depth: 273 m - Intercept Depth: 193.2 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:193.2-193.55 - Mining Method: underground #### Location - Location: Breccia - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows moderate silver grades over a very narrow true width, contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Moderate silver grade - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 78 Context: 193.20 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.25 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-69 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-77) Santa Elena Silver/Gold Mine · silver #### Identity - Hole ID: SE-26-69 - Project: Santa Elena Silver/Gold Mine - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 1558 - Grade Unit: g/t - Intercept: 0.25 m - True Width: 0.25 m - From: 193.2 m - To: 193.55 m - Hole Depth: 273 m - Intercept Depth: 193.2 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-69:193.2-193.55 - Mining Method: underground #### Location - Location: Breccia - Easting: 581097 - Northing: 3320165 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 771 m - Azimuth: 196 ° - Dip: -49.03 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 1558 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This sub-interval shows bonanza silver equivalent grades over a very narrow true width, significantly contributing to resource addition. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Bonanza silver equivalent grade - Positive factor: True width disclosed - Positive factor: Resource addition drilling - Positive factor: Comprehensive QA/QC Evidence · table > 1558 Context: 193.20 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.25 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SE-26-70 [Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-nin-o-and-navidad-advance--85eb8ced-be46-4d3e-951a-c29c375f9705#fact-drill-facts-78) Santa Elena Silver/Gold Mine · gold #### Identity - Hole ID: SE-26-70 - Project: Santa Elena Silver/Gold Mine - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: AG.TO #### Geometry - Grade: 2.99 - Grade Unit: g/t - Intercept: 1.07 m - True Width: 1.07 m - From: 489.15 m - To: 490.55 m - Hole Depth: 530 m - Intercept Depth: 489.15 m #### Classification - Program: resource - Sample Type: drill - Group ID: SE-26-70:489.15-490.55 - Mining Method: underground #### Location - Location: Santo Niño Vein 1 - Easting: 581511 - Northing: 3320382 - CRS: WGS84 UTM Zone 12 - EPSG: 32612 - Elevation: 837 m - Azimuth: 187 ° - Dip: -47.44 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS laboratory and First Majestic Central laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 90 - Cutoff Unit: g/t AgEq - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-26T00:00:00.000Z Reasoning: This intercept shows strong gold grades over a very narrow true width, supporting resource conversion at the Santo Niño Vein. The true width disclosure and robust QA/QC enhance confidence. - Positive factor: Strong gold grade - Positive factor: True width disclosed - Positive factor: Resource conversion drilling - Positive factor: Comprehensive QA/QC Evidence · table > 2.99 Context: 489.15 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.07 **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## 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.