# First Majestic Reports High-Grade Drill Results and Expands Exploration Footprint at San Dimas

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9

Original source: https://orestocks.com/company/AG.TO/press-releases/7583017815277620

Publisher: orestocks

Original announcement: 2026-09-09T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: First Majestic Silver Corp.

- Ticker: AG.TO

- Exchange: Unavailable

- Region: Durango, Mexico

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Drill results

- Extracted: 2026-09-09 12:02:48 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

First Majestic has reported high-grade silver and gold drill results from its San Dimas district in Mexico. The drilling supports both near-mine resource conversion in established vein systems and the expansion of the exploration footprint at the Convención and El Cristo areas.

Reasoning: The release reports significant high-grade intercepts across multiple vein systems, including new targets and expansion of known mineralization, supporting both resource conversion and addition.

- Positive factor: multiple high-grade silver and gold intercepts

- Positive factor: expansion of exploration footprint at Convención and El Cristo

- Positive factor: support for near-mine Mineral Resource conversion

- Positive factor: true width intercepts reported

Facts used in scoring: 27

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: LUZ26X-02 returned 2,625 g/t Au, which is exceptionally high grade.

Evidence · table

> 2,625

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document explicitly provides true width values for the significant intercepts in Table 1.

Evidence · table

> True Width \(m\)

**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: The release details the use of standards, blanks, and duplicates, and names the central laboratory.

Evidence · text

> standards, blanks, and duplicates inserted into the sample stream

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a mill\_cil route \("CIL"\)

## Extracted facts

Stored fact records: 27. Some facts used in scoring do not have a stored record.

## Drill Results (27)

### ELI26X-08

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-0)

San Dimas · silver

#### Identity

- Hole ID: ELI26X-08
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 200.85
- Grade Unit: g/t
- Intercept: 198.5 m
- True Width: 198.5 m

#### Classification

- Deposit Type: other
- Program: mixed
- Sample Type: drill
- Group ID: ELI26X-08:198.5-198.5
- Mining Method: underground

#### Location

- Location: Sinaloa - Elia
- Easting: 400249
- Northing: 2666593
- CRS: UTM WGS84, Zone 13
- Elevation: 395 m
- Azimuth: 318 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 2980
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 171
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: 200.85 g/t Ag over 198.5 m true width is an exceptional intercept for a vein system.

- Positive factor: exceptional silver grade

- Positive factor: large true width

Evidence · table

> 200.85

Context: 198.50

#### 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 198.5

**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 "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-08

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-1)

San Dimas · gold

#### Identity

- Hole ID: ELI26X-08
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 2.04
- Grade Unit: g/t
- Intercept: 198.5 m
- True Width: 198.5 m

#### Classification

- Deposit Type: other
- Program: mixed
- Sample Type: drill
- Group ID: ELI26X-08:198.5-198.5
- Mining Method: underground

#### Location

- Location: Sinaloa - Elia
- Easting: 400249
- Northing: 2666593
- CRS: UTM WGS84, Zone 13
- Elevation: 395 m
- Azimuth: 318 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 171
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: 2.04 g/t Au over 198.5 m is a strong intercept.

- Positive factor: strong gold grade for vein system

Evidence · table

> 2.04

Context: 198.50

#### 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 198.5

**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 "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### LUZ26X-02

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-2)

San Dimas · gold

#### Identity

- Hole ID: LUZ26X-02
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 2625
- Grade Unit: g/t
- Intercept: 511.3 m
- True Width: 511.3 m

#### Classification

- Deposit Type: other
- Program: mixed
- Sample Type: drill
- Group ID: LUZ26X-02:511.3-511.3
- Mining Method: underground

#### Location

- Location: Luz
- Easting: 404682
- Northing: 2664783
- CRS: UTM WGS84, Zone 13
- Elevation: 596 m
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 6994
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 171
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: 2,625 g/t Au is an exceptional bonanza grade.

- Positive factor: bonanza gold grade

- Positive factor: exceptional width

Evidence · table

> 2,625

Context: 511.30

#### 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 511.3

**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 "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-08

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-3)

San Dimas · silver

#### Identity

- Hole ID: ELI26X-08
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 1377
- Grade Unit: g/t
- Intercept: 2.35 m
- True Width: 2.04 m
- From: 198.5 m
- To: 200.85 m
- Intercept Depth: 198.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI26X-08:198.5-200.85
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2980
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1377 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 3236.0 g/t·m is strong \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 1377 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1,377

Context: ELI26X-08

#### 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 2.04

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-08

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-4)

San Dimas · gold

#### Identity

- Hole ID: ELI26X-08
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 21.38
- Grade Unit: g/t
- Intercept: 2.35 m
- True Width: 2.04 m
- From: 198.5 m
- To: 200.85 m
- Intercept Depth: 198.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI26X-08:198.5-200.85
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2980
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 21.38 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 50.2 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 21.38 g/t gold is exceptional on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 21.38

Context: ELI26X-08

#### 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 2.04

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-10

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-5)

San Dimas · silver

#### Identity

- Hole ID: ELI26X-10
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 2604
- Grade Unit: g/t
- Intercept: 1.2 m
- True Width: 0.88 m
- From: 191.5 m
- To: 192.7 m
- Intercept Depth: 191.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI26X-10:191.5-192.7
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 5835
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2604 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 3124.8 g/t·m is strong \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 2604 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2,604

Context: ELI26X-10

#### 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 0.88

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-10

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-6)

San Dimas · gold

#### Identity

- Hole ID: ELI26X-10
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 43.08
- Grade Unit: g/t
- Intercept: 1.2 m
- True Width: 0.88 m
- From: 191.5 m
- To: 192.7 m
- Intercept Depth: 191.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI26X-10:191.5-192.7
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 5835
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 43.08 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 51.7 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 43.08 g/t gold is exceptional on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 43.08

Context: ELI26X-10

#### 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 0.88

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI25X-58

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-7)

San Dimas · silver

#### Identity

- Hole ID: ELI25X-58
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 1070
- Grade Unit: g/t
- Intercept: 3.25 m
- True Width: 1.75 m
- From: 218.1 m
- To: 221.35 m
- Intercept Depth: 218.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI25X-58:218.1-221.35
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2908
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1070 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 3477.5 g/t·m is strong \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 1070 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1,070

Context: ELI25X-58

#### 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 1.75

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI25X-58

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-8)

San Dimas · gold

#### Identity

- Hole ID: ELI25X-58
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 24.51
- Grade Unit: g/t
- Intercept: 3.25 m
- True Width: 1.75 m
- From: 218.1 m
- To: 221.35 m
- Intercept Depth: 218.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI25X-58:218.1-221.35
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2908
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 24.51 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 79.7 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 24.51 g/t gold is exceptional on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 24.51

Context: ELI25X-58

#### 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 1.75

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-22

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-9)

San Dimas · silver

#### Identity

- Hole ID: ELI26X-22
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 673
- Grade Unit: g/t
- Intercept: 2.7 m
- True Width: 1.99 m
- From: 342.6 m
- To: 345.3 m
- Intercept Depth: 342.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI26X-22:342.6-345.3
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1809
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 673 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 1817.1 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 673 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 673

Context: ELI26X-22

#### 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 1.99

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-22

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-10)

San Dimas · gold

#### Identity

- Hole ID: ELI26X-22
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 15.15
- Grade Unit: g/t
- Intercept: 2.7 m
- True Width: 1.99 m
- From: 342.6 m
- To: 345.3 m
- Intercept Depth: 342.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI26X-22:342.6-345.3
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1809
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 15.15 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 40.9 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 15.15 g/t gold is exceptional on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 15.15

Context: ELI26X-22

#### 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 1.99

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-07

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-11)

San Dimas · silver

#### Identity

- Hole ID: ELI26X-07
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 373
- Grade Unit: g/t
- Intercept: 6.1 m
- True Width: 4.45 m
- From: 177.55 m
- To: 183.65 m
- Intercept Depth: 177.55 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI26X-07:177.55-183.65
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 729
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 373 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 2275.3 g/t·m is moderate \(grade alone is strong; the better of the two is used\).

- Positive factor: 373 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 373

Context: ELI26X-07

#### 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 4.45

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### ELI26X-07

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-12)

San Dimas · gold

#### Identity

- Hole ID: ELI26X-07
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 4.75
- Grade Unit: g/t
- Intercept: 6.1 m
- True Width: 4.45 m
- From: 177.55 m
- To: 183.65 m
- Intercept Depth: 177.55 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: ELI26X-07:177.55-183.65
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 729
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 4.75 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 29.0 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.75

Context: ELI26X-07

#### 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 4.45

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### COR26X-06

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-13)

San Dimas · silver

#### Identity

- Hole ID: COR26X-06
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 246
- Grade Unit: g/t
- Intercept: 5.95 m
- True Width: 4.22 m
- From: 588.75 m
- To: 594.7 m
- Intercept Depth: 588.75 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: COR26X-06:588.75-594.7
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 466
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 246 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 1463.7 g/t·m is moderate \(grade alone is strong; the better of the two is used\).

- Positive factor: 246 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 246

Context: COR26X-06

#### 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 4.22

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### COR26X-06

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-14)

San Dimas · gold

#### Identity

- Hole ID: COR26X-06
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 2.94
- Grade Unit: g/t
- Intercept: 5.95 m
- True Width: 4.22 m
- From: 588.75 m
- To: 594.7 m
- Intercept Depth: 588.75 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: COR26X-06:588.75-594.7
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 466
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2.94 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 17.5 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.94

Context: COR26X-06

#### 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 4.22

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### CMNE26X-02

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-15)

San Dimas · silver

#### Identity

- Hole ID: CMNE26X-02
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 588
- Grade Unit: g/t
- Intercept: 2.75 m
- True Width: 1.58 m
- From: 327 m
- To: 329.75 m
- Intercept Depth: 327 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: CMNE26X-02:327-329.75
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1042
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 588 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 1617.0 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 588 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 588

Context: CMNE26X-02

#### 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 1.58

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### CMNE26X-02

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-16)

San Dimas · gold

#### Identity

- Hole ID: CMNE26X-02
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 6.05
- Grade Unit: g/t
- Intercept: 2.75 m
- True Width: 1.58 m
- From: 327 m
- To: 329.75 m
- Intercept Depth: 327 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: CMNE26X-02:327-329.75
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1042
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 6.05 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 16.6 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 6.05

Context: CMNE26X-02

#### 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 1.58

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### CMNE26X-04

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-17)

San Dimas · silver

#### Identity

- Hole ID: CMNE26X-04
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 175
- Grade Unit: g/t
- Intercept: 4.65 m
- True Width: 3.42 m
- From: 303 m
- To: 307.65 m
- Intercept Depth: 303 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: CMNE26X-04:303-307.65
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 315
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 175 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 813.8 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 175

Context: CMNE26X-04

#### 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 3.42

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### CMNE26X-04

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-18)

San Dimas · gold

#### Identity

- Hole ID: CMNE26X-04
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 1.87
- Grade Unit: g/t
- Intercept: 4.65 m
- True Width: 3.42 m
- From: 303 m
- To: 307.65 m
- Intercept Depth: 303 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: CMNE26X-04:303-307.65
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 315
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.87 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.7 g/t·m is below.

- Negative factor: 1.87 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.87

Context: CMNE26X-04

#### 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 3.42

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### SJE26X-08

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-19)

San Dimas · silver

#### Identity

- Hole ID: SJE26X-08
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 251
- Grade Unit: g/t
- Intercept: 3.35 m
- True Width: 2.57 m
- From: 310.7 m
- To: 314.05 m
- Intercept Depth: 310.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: SJE26X-08:310.7-314.05
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 433
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 251 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 840.9 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 251 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 251

Context: SJE26X-08

#### 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 2.57

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### SJE26X-08

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-20)

San Dimas · gold

#### Identity

- Hole ID: SJE26X-08
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 2.56
- Grade Unit: g/t
- Intercept: 3.35 m
- True Width: 2.57 m
- From: 310.7 m
- To: 314.05 m
- Intercept Depth: 310.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: SJE26X-08:310.7-314.05
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 433
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2.56 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.6 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.56

Context: SJE26X-08

#### 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 2.57

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### SJE26X-10

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-21)

San Dimas · silver

#### Identity

- Hole ID: SJE26X-10
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 281
- Grade Unit: g/t
- Intercept: 3.1 m
- True Width: 1.55 m
- From: 358.7 m
- To: 361.8 m
- Intercept Depth: 358.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: SJE26X-10:358.7-361.8
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 492
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 281 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 871.1 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 281 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 281

Context: SJE26X-10

#### 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 1.55

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### SJE26X-10

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-22)

San Dimas · gold

#### Identity

- Hole ID: SJE26X-10
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 2.81
- Grade Unit: g/t
- Intercept: 3.1 m
- True Width: 1.55 m
- From: 358.7 m
- To: 361.8 m
- Intercept Depth: 358.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: SJE26X-10:358.7-361.8
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 492
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2.81 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.7 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.81

Context: SJE26X-10

#### 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 1.55

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### LUZ26X-02

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-23)

San Dimas · silver

#### Identity

- Hole ID: LUZ26X-02
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 2625
- Grade Unit: g/t
- Intercept: 1.7 m
- True Width: 1.3 m
- From: 511.3 m
- To: 513 m
- Intercept Depth: 511.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: LUZ26X-02:511.3-513
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 6994
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2625 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 4462.5 g/t·m is strong \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 2625 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2,625

Context: LUZ26X-02

#### 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 1.3

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### LUZ26X-02

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-24)

San Dimas · gold

#### Identity

- Hole ID: LUZ26X-02
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 58.25
- Grade Unit: g/t
- Intercept: 1.7 m
- True Width: 1.3 m
- From: 511.3 m
- To: 513 m
- Intercept Depth: 511.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: LUZ26X-02:511.3-513
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 6994
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 58.25 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 99.0 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 58.25 g/t gold is exceptional on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 58.25

Context: LUZ26X-02

#### 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 1.3

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### LUZ26X-03

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-25)

San Dimas · silver

#### Identity

- Hole ID: LUZ26X-03
- Project: San Dimas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 1895
- Grade Unit: g/t
- Intercept: 2.2 m
- True Width: 1.69 m
- From: 391.15 m
- To: 393.35 m
- Intercept Depth: 391.15 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: LUZ26X-03:391.15-393.35
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 4063
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1895 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 4169.0 g/t·m is strong \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 1895 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1,895

Context: LUZ26X-03

#### 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 1.69

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

### LUZ26X-03

[Link to this fact](https://atlas-staging.minestarters.com/news/first-majestic-reports-high-grade-drill-results-and-expands-exploration-footprin--8dd9dd3c-66c9-4ed7-a1de-16a7620980b9#fact-drill-facts-26)

San Dimas · gold

#### Identity

- Hole ID: LUZ26X-03
- Project: San Dimas
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG.TO

#### Geometry

- Grade: 28.91
- Grade Unit: g/t
- Intercept: 2.2 m
- True Width: 1.69 m
- From: 391.15 m
- To: 393.35 m
- Intercept Depth: 391.15 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: LUZ26X-03:391.15-393.35
- Mining Method: underground

#### Location

- CRS: UTM WGS84, Zone 13

#### QA/QC

- Laboratory: First Majestic's Central Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 4063
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 28.91 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 63.6 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 28.91 g/t gold is exceptional on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 28.91

Context: LUZ26X-03

#### 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 1.69

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

## 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.