# Monarca Minerals Reports Completion of Two Additional Drill Holes at Its San Jose Project - SJ07 and SJ120

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/monarca-minerals-reports-completion-of-two-additional-drill-holes-at-its-san-jos--aed416de-e83c-4e1d-ae9d-49213ac12f4a

Original source: https://money.tmx.com/en/quote/MMN/news/6255324937102319/monarca-minerals-reports-completion-of-two-additional-drill-holes-at-its-san-jos

Publisher: tmx

Original announcement: 2021-10-12T14:08:00.000Z

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: Molybdenum, Copper, Zinc, Lead

- Document categories: Drill results

- Extracted: 2026-08-23 22:54:57 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Monarca Minerals has completed two additional drill holes, SJ07 and SJ12, at its San Jose Project in Mexico. The holes intersected skarn mineralization with visible sulfides including pyrite, sphalerite, galena, and chalcopyrite, though specific assay results were not provided in this release.

Reasoning: The release reports the completion of two drill holes with visual observations of skarn and sulfides, but lacks specific assay grades for the intercepts.

- Positive factor: skarn mineralization intersected

- Positive factor: sulfide minerals observed

- Negative factor: no assay grades reported for intercepts

Facts used in scoring: 2

## 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 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 \(QAQC\)

**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 is identified as the Qualified Person who prepared and approved the technical information.

Evidence · text

> Michael R. Smith is the Qualified Person \(QP\) who has prepared and approved

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### SJ07

[Link to this fact](https://atlas-staging.minestarters.com/news/monarca-minerals-reports-completion-of-two-additional-drill-holes-at-its-san-jos--aed416de-e83c-4e1d-ae9d-49213ac12f4a#fact-drill-facts-0)

San Jose Project · molybdenum

#### Identity

- Hole ID: SJ07
- Project: San Jose Project
- Commodity: molybdenum
- Region: mexico
- Reported Region: Mexico
- Ticker: MMN

#### Geometry

- Grade: 1
- Grade Unit: %
- Intercept: 29 m
- From: 288 m
- To: 317 m
- Hole Depth: 317 m

#### Classification

- 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: 2021-10-12T00:00:00.000Z

Reasoning: Visual observation of <1% molybdenite in the bottom 29m of the hole.

- Negative factor: low grade

Evidence · text

> <1% molybdenite

### SJ07

[Link to this fact](https://atlas-staging.minestarters.com/news/monarca-minerals-reports-completion-of-two-additional-drill-holes-at-its-san-jos--aed416de-e83c-4e1d-ae9d-49213ac12f4a#fact-drill-facts-1)

San Jose Project · pyrite

#### Identity

- Hole ID: SJ07
- Project: San Jose Project
- Commodity: pyrite
- Region: mexico
- Reported Region: Mexico
- Ticker: MMN

#### Geometry

- Grade: 5
- Grade Unit: %
- Intercept: 12.2 m
- From: 3 m
- To: 15.2 m
- Hole Depth: 317 m

#### Classification

- 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: 2021-10-12T00:00:00.000Z

Reasoning: Visual observation of pyrite-rich silicified monzonite zones.

Evidence · text

> four pyrite-rich \(3-5%\) silicified monzonite zones

## 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.