Highlander Silver Reports Record Results and New Discovery: 23.9m at 20.82 g/t Gold and 31.53 g/t Silver and 23.4m at 11.70 g/t Gold and 26.10 g/t Silver in Shallow Drilling

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 04:10:22 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Highlander Silver has reported exceptional drill results at its Bonita vein system in Peru, including a new discovery in the Urpicha zone. Notable intercepts include 23.9m at 20.82 g/t Au and 31.53 g/t Ag, representing a significant step-out extension of the system.

Reasoning: The release reports exceptional gold and silver grades in a new step-out discovery (Urpicha zone) with high-quality QA/QC disclosure.

Positive factors

  • exceptional gold grades
  • step-out discovery of new zone
  • broad continuous intervals
  • QA/QC disclosed

Negative factors

  • apparent widths only

Facts used in scoring: 16

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Discovery of the Urpicha zone over 200m northwest of prior holes.

Evidence · text

“discovery of a new zone in step-out drilling over 200m northwest of prior holes”

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”

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: 16. Some facts used in scoring do not have a stored record.

Drill Results (16)

BOD-022Bonita vein system · goldGrade: 11.7Grade Unit: g/tIntercept: 23.4 mView all details
Link to this fact

Identity

Hole ID
BOD-022
Project
Bonita vein system
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
11.7
Grade Unit
g/t
Intercept
23.4 m
From
13.5 m
To
36.9 m

Classification

Sample Type
drill
Group ID
BOD-022:13.5-36.9
Mining Method
underground

Location

Easting
188029
Northing
8953820
Azimuth
45 °
Dip
-40 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Strong gold intercept in a known zone.

Negative factors

  • apparent width only

Evidence · table

“11.70”

Context: 23.4

BOD-022Bonita vein system · silverGrade: 26.1Grade Unit: g/tIntercept: 23.4 mView all details
Link to this fact

Identity

Hole ID
BOD-022
Project
Bonita vein system
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
26.1
Grade Unit
g/t
Intercept
23.4 m
From
13.5 m
To
36.9 m

Classification

Sample Type
drill
Group ID
BOD-022:13.5-36.9
Mining Method
underground

Location

Easting
188029
Northing
8953820
Azimuth
45 °
Dip
-40 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Silver byproduct in a gold intercept.

Evidence · table

“26.10”

Context: 23.4

BOD-023Bonita vein system · goldGrade: 20.82Grade Unit: g/tIntercept: 23.9 mView all details
Link to this fact

Identity

Hole ID
BOD-023
Project
Bonita vein system
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
20.82
Grade Unit
g/t
Intercept
23.9 m
From
21 m
To
44.9 m

Classification

Sample Type
drill
Group ID
BOD-023:21.0-44.9
Mining Method
underground

Location

Easting
188029
Northing
8953819
Azimuth
120 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Exceptional gold grade in a continuous interval.

Positive factors

  • exceptional gold grade
  • broad interval

Negative factors

  • apparent width only

Evidence · table

“20.82”

Context: 23.9

BOD-023Bonita vein system · silverGrade: 31.53Grade Unit: g/tIntercept: 23.9 mView all details
Link to this fact

Identity

Hole ID
BOD-023
Project
Bonita vein system
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
31.53
Grade Unit
g/t
Intercept
23.9 m
From
21 m
To
44.9 m

Classification

Sample Type
drill
Group ID
BOD-023:21.0-44.9
Mining Method
underground

Location

Easting
188029
Northing
8953819
Azimuth
120 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Silver byproduct in a high-grade gold intercept.

Evidence · table

“31.53”

Context: 23.9

BOD-024Bonita vein system · goldGrade: 1.06Grade Unit: g/tIntercept: 6.4 mView all details
Link to this fact

Identity

Hole ID
BOD-024
Project
Bonita vein system
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
1.06
Grade Unit
g/t
Intercept
6.4 m
From
42.8 m
To
49.2 m

Classification

Sample Type
drill
Group ID
BOD-024:42.8-49.2
Mining Method
underground

Location

Easting
188006
Northing
8953861
Azimuth
80 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Marginal gold grade.

Negative factors

  • low grade

Evidence · table

“1.06”

Context: 6.4

BOD-024Bonita vein system · silverGrade: 2.66Grade Unit: g/tIntercept: 6.4 mView all details
Link to this fact

Identity

Hole ID
BOD-024
Project
Bonita vein system
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
2.66
Grade Unit
g/t
Intercept
6.4 m
From
42.8 m
To
49.2 m

Classification

Sample Type
drill
Group ID
BOD-024:42.8-49.2
Mining Method
underground

Location

Easting
188006
Northing
8953861
Azimuth
80 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Marginal silver grade.

Negative factors

  • low grade

Evidence · table

“2.66”

Context: 6.4

BOD-025Bonita vein system · goldGrade: 5.28Grade Unit: g/tIntercept: 27 mView all details
Link to this fact

Identity

Hole ID
BOD-025
Project
Bonita vein system
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
5.28
Grade Unit
g/t
Intercept
27 m
From
2.3 m
To
29.2 m

Classification

Sample Type
drill
Group ID
BOD-025:2.3-29.2
Mining Method
underground

Location

Easting
187824
Northing
8953953
Azimuth
65 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Discovery of Urpicha zone with strong gold grade and significant width.

Positive factors

  • step-out discovery
  • strong gold grade
  • broad interval

Negative factors

  • apparent width only

Evidence · table

“5.28”

Context: 27.0

BOD-025Bonita vein system · silverGrade: 52.97Grade Unit: g/tIntercept: 27 mView all details
Link to this fact

Identity

Hole ID
BOD-025
Project
Bonita vein system
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
52.97
Grade Unit
g/t
Intercept
27 m
From
2.3 m
To
29.2 m

Classification

Sample Type
drill
Group ID
BOD-025:2.3-29.2
Mining Method
underground

Location

Easting
187824
Northing
8953953
Azimuth
65 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Silver byproduct in a discovery intercept.

Evidence · table

“52.97”

Context: 27.0

BOD-025Bonita vein system · goldGrade: 3.01Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
BOD-025
Project
Bonita vein system
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
3.01
Grade Unit
g/t
Intercept
4.3 m
From
107.4 m
To
111.7 m

Classification

Sample Type
drill
Group ID
BOD-025:107.4-111.7
Mining Method
underground

Location

Easting
187824
Northing
8953953
Azimuth
65 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Moderate gold grade in a secondary interval.

Evidence · table

“3.01”

Context: 4.3

BOD-025Bonita vein system · silverGrade: 10Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
BOD-025
Project
Bonita vein system
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
10
Grade Unit
g/t
Intercept
4.3 m
From
107.4 m
To
111.7 m

Classification

Sample Type
drill
Group ID
BOD-025:107.4-111.7
Mining Method
underground

Location

Easting
187824
Northing
8953953
Azimuth
65 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Silver byproduct in a secondary interval.

Evidence · table

“10.00”

Context: 4.3

BOD-025Bonita vein system · goldGrade: 6.8Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
BOD-025
Project
Bonita vein system
Commodity
gold
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
6.8
Grade Unit
g/t
Intercept
3 m
From
134 m
To
137 m

Classification

Sample Type
drill
Group ID
BOD-025:134.0-137.0
Mining Method
underground

Location

Easting
187824
Northing
8953953
Azimuth
65 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Good gold grade in a narrow interval.

Evidence · table

“6.80”

Context: 3.0

BOD-025Bonita vein system · silverGrade: 30.51Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
BOD-025
Project
Bonita vein system
Commodity
silver
Region
peru
Reported Region
Central Peru
Ticker
HSLV

Geometry

Grade
30.51
Grade Unit
g/t
Intercept
3 m
From
134 m
To
137 m

Classification

Sample Type
drill
Group ID
BOD-025:134.0-137.0
Mining Method
underground

Location

Easting
187824
Northing
8953953
Azimuth
65 °
Dip
-35 °
Loc. Confidence
high

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Silver byproduct in a narrow gold interval.

Evidence · table

“30.51”

Context: 3.0

andBonita vein system · goldGrade: 3.01Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

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

Geometry

Grade
3.01
Grade Unit
g/t
Intercept
4.3 m
From
107.4 m
To
111.7 m

Classification

Sample Type
drill
Group ID
and:107.4-111.7
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Expanded from assay table. 3.01 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.9 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.01”

Context: and

andBonita vein system · silverGrade: 10Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

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

Geometry

Grade
10
Grade Unit
g/t
Intercept
4.3 m
From
107.4 m
To
111.7 m

Classification

Sample Type
drill
Group ID
and:107.4-111.7
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Expanded from assay table. 10 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 43.0 g/t·m is below.

Negative factors

  • 10 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

“10.00”

Context: and

andBonita vein system · goldGrade: 6.8Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

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

Geometry

Grade
6.8
Grade Unit
g/t
Intercept
3 m
From
134 m
To
137 m

Classification

Sample Type
drill
Group ID
and:134-137
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Expanded from assay table. 6.8 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.4 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.80”

Context: and

andBonita vein system · silverGrade: 30.51Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

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

Geometry

Grade
30.51
Grade Unit
g/t
Intercept
3 m
From
134 m
To
137 m

Classification

Sample Type
drill
Group ID
and:134-137
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Expanded from assay table. 30.51 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 91.5 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“30.51”

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.