Masivo Silver Completes Drilling Hole Number 7 in Nevada

Original announcement by tmx on

Company
Masivo Silver Corp.
Ticker
MASS
Exchange
TSX
Region
Nevada
Primary commodity
Silver
Secondary commodities
Copper, Gold
Document categories
Drill results
Extracted
2026-08-21 23:01:07 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Masivo Silver has completed its 2024 drilling campaign at the Boston Mine in Nevada, including Hole No. 7. While no new assays were released for the recent holes, the company noted that Hole No. 1 intercepts previously confirmed their geological model.

Reasoning: The announcement reports the completion of drilling (Hole No. 7) but does not provide new assay results for this hole, instead restating historical intercepts from Hole No. 1.

Positive factors

  • completion of drilling program
  • geological model validation

Negative factors

  • no new assay results provided

Facts used in scoring: 3

Atlas analysis — Masivo Silver Corp.: Masivo Silver Completes Drilling Hole Number 7 in Nevada. 30.35 g/t over 16.764 m

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: The release mentions that holes #2 and #3 are being re-assayed using metallic screen assays and that other holes are being sent to an independent lab.

Evidence · text

“holes #2 and #3 are being re-assayed using metallic screen assays.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company is testing historical IP anomalies to confirm geological models, which is characteristic of infill or confirmatory drilling.

Evidence · text

“objective of testing of the strong historical IP anomalies that are interpreted to reflect sulfide mineralization”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

Hole No. 1Boston Mine · copperGrade: 0.99Grade Unit: %Intercept: 16.764 mHistorical resultNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
Hole No. 1
Project
Boston Mine
Commodity
copper
Region
usa_nv
Reported Region
Nevada
Ticker
MASS

Geometry

Grade
0.99
Grade Unit
%
Intercept
16.764 m
From
20.1168 m
To
36.8808 m

Classification

Sample Type
drill
Group ID
Hole No. 1:20.1168-36.8808

Review

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

Dates

Event date
2024-12-10T00:00:00.000Z

Reasoning: Historical intercept from Hole No. 1 restated to validate geological model.

Positive factors

  • confirms geological model

Evidence · text

“Significant drill intercepts include 55 feet (drilled width) of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet down hole.”
Hole No. 1Boston Mine · goldGrade: 1.52Grade Unit: g/tIntercept: 16.764 mHistorical resultNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
Hole No. 1
Project
Boston Mine
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
MASS

Geometry

Grade
1.52
Grade Unit
g/t
Intercept
16.764 m
From
20.1168 m
To
36.8808 m

Classification

Sample Type
drill
Group ID
Hole No. 1:20.1168-36.8808

Review

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

Dates

Event date
2024-12-10T00:00:00.000Z

Reasoning: Historical intercept from Hole No. 1 restated to validate geological model.

Positive factors

  • confirms geological model

Evidence · text

“Significant drill intercepts include 55 feet (drilled width) of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet down hole.”
Hole No. 1Boston Mine · silverGrade: 30.35Grade Unit: g/tIntercept: 16.764 mHistorical resultNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
Hole No. 1
Project
Boston Mine
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
MASS

Geometry

Grade
30.35
Grade Unit
g/t
Intercept
16.764 m
From
20.1168 m
To
36.8808 m

Classification

Sample Type
drill
Group ID
Hole No. 1:20.1168-36.8808

Review

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

Dates

Event date
2024-12-10T00:00:00.000Z

Reasoning: Historical intercept from Hole No. 1 restated to validate geological model.

Positive factors

  • confirms geological model

Evidence · text

“Significant drill intercepts include 55 feet (drilled width) of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet down hole.”

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.