# Monarca Minerals Reports Completion of Additional Three Drill Holes at San Jose Project - SJ10, SJ11 and SJ15 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose--1e1c22c1-e82e-4bed-90c0-fb40365d93cb Original source: https://money.tmx.com/en/quote/MMN/news/8073658401800620/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose- Publisher: tmx Original announcement: 2021-09-14T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Monarca Minerals, Inc. - Ticker: MMN - Exchange: TSX - Region: Mexico - Primary commodity: Silver - Secondary commodities: Copper, Lead, Zinc - Document categories: Drill results, Other - Extracted: 2026-08-23 22:55:25 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Monarca Minerals has completed three additional drill holes \(SJ10, SJ11, and SJ15\) at the San Jose project in Mexico. The holes intersected skarn mineralization containing sulfides like pyrite, sphalerite, and galena, with assays pending. Reasoning: The release reports the completion of three drill holes that intersected mineralization, but actual assay grades for these specific holes are not yet provided, making the results preliminary. - Positive factor: successful completion of drill holes - Positive factor: intersection of skarn mineralization - Positive factor: QA/QC protocols disclosed - Negative factor: no assay grades reported for new holes Facts used in scoring: 3 ## Classification and evidence **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 specific QA/QC procedures including blanks, standards, and duplicates, and mentions an ISO accredited laboratory. Evidence · text > Procedures have been implemented by Monarca to assure Quality Assurance Quality Control \(QAQC\) of all assaying that will be done at an ISO Accredited laboratory. **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Michael R. Smith, a Registered Member of SME, is identified as the Qualified Person who reviewed and approved the release. Evidence · text > Michael R. Smith is the Qualified Person \(QP\) who has reviewed and approved the scientific and technical information disclosed in this news release. ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### SJ10 [Link to this fact](https://atlas-staging.minestarters.com/news/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose--1e1c22c1-e82e-4bed-90c0-fb40365d93cb#fact-drill-facts-0) San Jose · copper #### Identity - Hole ID: SJ10 - Project: San Jose - Commodity: copper - Region: mexico - Reported Region: Mexico - Ticker: MMN #### Geometry - Hole Depth: 352 m #### Classification - Program: exploration - Sample Type: drill #### Location - Dip: -60 ° #### QA/QC - 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: 2021-09-14T00:00:00.000Z Reasoning: Hole SJ10 intersected chalcopyrite but no numeric grade was reported. - Positive factor: intersection of chalcopyrite - Negative factor: no assay grade provided ### SJ11 [Link to this fact](https://atlas-staging.minestarters.com/news/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose--1e1c22c1-e82e-4bed-90c0-fb40365d93cb#fact-drill-facts-1) San Jose · gold #### Identity - Hole ID: SJ11 - Project: San Jose - Commodity: gold - Region: mexico - Reported Region: Mexico - Ticker: MMN #### Geometry - Hole Depth: 259.1 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - 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: 2021-09-14T00:00:00.000Z Reasoning: Hole SJ11 intersected significant thickness of exoskarn/endoskarn but no assay grades were released. - Positive factor: intersected 65.5m of exoskarn - Negative factor: no assay grade provided ### SJ15 [Link to this fact](https://atlas-staging.minestarters.com/news/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose--1e1c22c1-e82e-4bed-90c0-fb40365d93cb#fact-drill-facts-2) San Jose · silver #### Identity - Hole ID: SJ15 - Project: San Jose - Commodity: silver - Region: mexico - Reported Region: Mexico - Ticker: MMN #### Geometry - Hole Depth: 349 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - 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: 2021-09-14T00:00:00.000Z Reasoning: Hole SJ15 intersected extensive skarn mineralization but no assay grades were released. - Positive factor: intersected 347.5m of skarn - Negative factor: no assay grade provided ## 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.