Highlander Silver Reports New Discovery of Kusy Zone at Bonita Returning Highest Grades to Date: 23.6m at 15.56 g/t Gold and 74.49 g/t Silver

Original announcement by tmx on

Company
Highlander Silver Corp.
Ticker
HSLV
Exchange
TSX
Region
Central Peru
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Other
Extracted
2026-08-21 05:47:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Highlander Silver has announced a new discovery at the Kusy zone within the Bonita vein system in Peru. The highlight is hole BOD-021, which returned 23.6m at 15.56 g/t gold and 74.49 g/t silver, marking the highest grades reported to date for the project.

Reasoning: The announcement reports a new discovery (Kusy zone) with exceptional gold grades (15.56 g/t over 23.6m) and significant silver credits, representing a high-grade expansion of the Bonita vein system.

Positive factors

  • discovery of new Kusy zone
  • exceptional gold grades
  • step-out drilling success
  • QA/QC disclosed

Negative factors

  • apparent widths reported

Facts used in scoring: 20

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: BOD-021 targets the central portion of Kusy, 150m northeast of previously reported drilling.

Evidence · text

“targeting the central portion of Kusy approximately 150m to the northeast of previously reported drilling”

QA/QC Disclosedpositive

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

Why it applies: Release includes detailed QA/QC protocols, including field duplicates, standards, blanks, and independent lab (ALS) verification.

Evidence · text

“The internal QA/QC program includes the submission of field duplicates (1/4 core), pulp and coarse reject duplicates, and the insertion of commercial standards and blanks.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that reported intervals are apparent widths.

Evidence · text

“Reported intervals are apparent widths as the full geometry of the mineralized structures has not yet been fully modelled.”

Extracted facts

Stored fact records: 20. Some facts used in scoring do not have a stored record.

Drill Results (20)

BOD-021Bonita · goldGrade: 15.56Grade Unit: g/tIntercept: 23.6 mView all details
Link to this fact

Identity

Hole ID
BOD-021
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
15.56
Grade Unit
g/t
Intercept
23.6 m
From
8.8 m
To
32.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-021:8.8-32.4
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: 15.56 g/t Au over 23.6m is an exceptional intercept for an orogenic/vein system and represents a new discovery zone.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“BOD-021... returned 23.6m of 15.56 grams per tonne ("g/t") gold ("Au") and 74.49 g/t silver ("Ag")”
BOD-021Bonita · silverGrade: 74.49Grade Unit: g/tIntercept: 23.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BOD-021
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
74.49
Grade Unit
g/t
Intercept
23.6 m
From
8.8 m
To
32.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-021:8.8-32.4
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Significant silver credit accompanying high-grade gold in a new discovery zone.

Evidence · text

“23.6m of 15.56 grams per tonne ("g/t") gold ("Au") and 74.49 g/t silver ("Ag")”
BOD-019Bonita · goldGrade: 8.1Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
BOD-019
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
8.1
Grade Unit
g/t
Intercept
7.4 m
From
48.4 m
To
55.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-019:48.4-55.8
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Strong gold grade in the new Kusy zone.

Evidence · text

“BOD-019... returned 7.4m of 8.10 g/t Au and 6.55 g/t Ag”
BOD-019Bonita · silverGrade: 6.55Grade Unit: g/tIntercept: 7.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BOD-019
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
6.55
Grade Unit
g/t
Intercept
7.4 m
From
48.4 m
To
55.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-019:48.4-55.8
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Silver grade is present but relatively low compared to the gold-focused discovery.

Evidence · text

“7.4m of 8.10 g/t Au and 6.55 g/t Ag”
BOD-018Bonita · goldGrade: 3.81Grade Unit: g/tIntercept: 10.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BOD-018
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
3.81
Grade Unit
g/t
Intercept
10.1 m
From
32.3 m
To
42.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-018:32.3-42.4
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Solid gold grade in the western exposure.

Evidence · text

“returned 10.1m of 3.81 g/t Au and 7.72 g/t Ag”
BOD-018Bonita · silverGrade: 7.72Grade Unit: g/tIntercept: 10.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BOD-018
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
7.72
Grade Unit
g/t
Intercept
10.1 m
From
32.3 m
To
42.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-018:32.3-42.4
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Silver grade is present but relatively low.

Evidence · text

“10.1m of 3.81 g/t Au and 7.72 g/t Ag”
BOD-017Bonita · goldGrade: 1.71Grade Unit: g/tIntercept: 14.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BOD-017
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
1.71
Grade Unit
g/t
Intercept
14.6 m
From
41.8 m
To
56.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-017:41.8-56.4
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Moderate gold grade.

Evidence · text

“intersected 14.6m of 1.71 g/t Au and 5.35 g/t Ag”
BOD-017Bonita · silverGrade: 5.35Grade Unit: g/tIntercept: 14.6 mView all details
Link to this fact

Identity

Hole ID
BOD-017
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
5.35
Grade Unit
g/t
Intercept
14.6 m
From
41.8 m
To
56.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-017:41.8-56.4
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Silver grade is present but relatively low.

Evidence · text

“14.6m of 1.71 g/t Au and 5.35 g/t Ag”
BOD-016Bonita · goldGrade: 0.94Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
BOD-016
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
0.94
Grade Unit
g/t
Intercept
4.4 m
From
32.1 m
To
36.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-016:32.1-36.5
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.94”

Context: 4.4

BOD-016Bonita · silverGrade: 12.06Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
BOD-016
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
12.06
Grade Unit
g/t
Intercept
4.4 m
From
32.1 m
To
36.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-016:32.1-36.5
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Low silver grade.

Evidence · table

“12.06”

Context: 4.4

BOD-020Bonita · goldGrade: 0.56Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
BOD-020
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
0.56
Grade Unit
g/t
Intercept
3.8 m
From
67 m
To
70.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-020:67.0-70.8
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.56”

Context: 3.8

BOD-020Bonita · silverGrade: 73.33Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
BOD-020
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
73.33
Grade Unit
g/t
Intercept
3.8 m
From
67 m
To
70.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-020:67.0-70.8
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Silver grade is present but relatively low.

Evidence · table

“73.33”

Context: 3.8

BOD-019Bonita · goldGrade: 0.63Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
BOD-019
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
0.63
Grade Unit
g/t
Intercept
2.1 m
From
82.4 m
To
84.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-019:82.4-84.5
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.63”

Context: 2.1

BOD-019Bonita · silverGrade: 3.75Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
BOD-019
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
3.75
Grade Unit
g/t
Intercept
2.1 m
From
82.4 m
To
84.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-019:82.4-84.5
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Low silver grade.

Evidence · table

“3.75”

Context: 2.1

BOD-017Bonita · goldGrade: 0.74Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
BOD-017
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
0.74
Grade Unit
g/t
Intercept
2.6 m
From
73.9 m
To
76.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-017:73.9-76.5
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.74”

Context: 2.6

BOD-017Bonita · silverGrade: 1.37Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
BOD-017
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
1.37
Grade Unit
g/t
Intercept
2.6 m
From
73.9 m
To
76.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BOD-017:73.9-76.5
Mining Method
underground

QA/QC

Laboratory
ALS Peru S.A.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
field duplicates, pulp duplicates, coarse reject duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Low silver grade.

Evidence · table

“1.37”

Context: 2.6

andBonita · goldGrade: 0.74Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
0.74
Grade Unit
g/t
Intercept
2.6 m
From
73.9 m
To
76.5 m

Classification

Sample Type
drill
Group ID
and:73.9-76.5
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.74 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.9 g/t·m is below.

Negative factors

  • 0.74 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.74”

Context: and

andBonita · silverGrade: 1.37Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
1.37
Grade Unit
g/t
Intercept
2.6 m
From
73.9 m
To
76.5 m

Classification

Sample Type
drill
Group ID
and:73.9-76.5
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Expanded from assay table. 1.37 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.6 g/t·m is below.

Negative factors

  • 1.37 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.37”

Context: and

andBonita · goldGrade: 0.63Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
Bonita
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
0.63
Grade Unit
g/t
Intercept
2.1 m
From
82.4 m
To
84.5 m

Classification

Sample Type
drill
Group ID
and:82.4-84.5
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.63 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.3 g/t·m is below.

Negative factors

  • 0.63 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.63”

Context: and

andBonita · silverGrade: 3.75Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
Bonita
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
3.75
Grade Unit
g/t
Intercept
2.1 m
From
82.4 m
To
84.5 m

Classification

Sample Type
drill
Group ID
and:82.4-84.5
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Expanded from assay table. 3.75 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.9 g/t·m is below.

Negative factors

  • 3.75 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.75”

Context: and

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.