Prospero Silver Discovers New Au-Ag Bearing Epithermal Vein System at Pachuca Se Project, Mexico
Original announcement by tmx on
- Company
- Prospero Silver Corp
- Ticker
- PSL
- Exchange
- TSX
- Region
- Hidalgo State, Mexico
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results
- Extracted
- 2026-08-22 07:18:07 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Prospero Silver has discovered a new gold and silver-bearing epithermal vein system at its Pachuca SE project in Mexico. Initial drilling results from the 3-hole program show encouraging grades, including a 6.4 ppm Au intercept, within a structurally controlled alteration zone.
Reasoning: The announcement reports the discovery of a new epithermal vein system with encouraging gold and silver grades in an early-stage exploration program.
Positive factors
- discovery of new epithermal vein system
- proximity to major silver-gold district
- encouraging grades in early stage drilling
Negative factors
- grades described as not currently economic
Facts used in scoring: 7
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: Release mentions Tawn Albinson, M.Sc., President of the Company, is a Qualified Person (QP) as defined in NI 43-101.
Evidence · text
“Qualified Person Tawn Albinson, M.Sc., President of the Company, is a Qualified Person, as defined in NI 43-101”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The program is described as an initial 'proof of concept' program testing new targets.
Evidence · text
“initial 'proof of concept' programs”
Extracted facts
Stored fact records: 7. Some facts used in scoring do not have a stored record.
Drill Results (7)
PSE-18-01Pachuca SE · silverGrade: 227Grade Unit: ppmIntercept: 1.35 mView all detailsHide details
Identity
- Hole ID
- PSE-18-01
- Project
- Pachuca SE
- Commodity
- silver
- Region
- mexico
- Reported Region
- Hidalgo State, Mexico
- Ticker
- PSL
Geometry
- Grade
- 227
- Grade Unit
- ppm
- Intercept
- 1.35 m
- From
- 147.4 m
- To
- 148.8 m
Classification
- Sample Type
- drill
- Group ID
- PSE-18-01:147.4-148.8
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2018-03-14T00:00:00.000Z
Reasoning: High silver grade intercept in an early exploration hole.
Positive factors
- significant silver grade
Evidence · text
“1.35m @ 227 Ag between 147.4m and 148.8m in hole 1”
PSE-18-02Pachuca SE · goldGrade: 1.04Grade Unit: ppmIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- PSE-18-02
- Project
- Pachuca SE
- Commodity
- gold
- Region
- mexico
- Reported Region
- Hidalgo State, Mexico
- Ticker
- PSL
Geometry
- Grade
- 1.04
- Grade Unit
- ppm
- Intercept
- 0.5 m
- From
- 657.2 m
- To
- 657.5 m
Classification
- Sample Type
- drill
- Group ID
- PSE-18-02:657.2-657.5
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2018-03-14T00:00:00.000Z
Reasoning: Low grade gold intercept.
Evidence · table
“1.04”
Context: 0.5
PSE-18-02Pachuca SE · silverGrade: 193Grade Unit: ppmIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- PSE-18-02
- Project
- Pachuca SE
- Commodity
- silver
- Region
- mexico
- Reported Region
- Hidalgo State, Mexico
- Ticker
- PSL
Geometry
- Grade
- 193
- Grade Unit
- ppm
- Intercept
- 0.5 m
- From
- 657.2 m
- To
- 657.5 m
Classification
- Sample Type
- drill
- Group ID
- PSE-18-02:657.2-657.5
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2018-03-14T00:00:00.000Z
Reasoning: Low grade silver intercept.
Evidence · table
“193”
Context: 0.5
PSE-18-02Pachuca SE · goldGrade: 0.39Grade Unit: ppmIntercept: 12.2 mView all detailsHide details
Identity
- Hole ID
- PSE-18-02
- Project
- Pachuca SE
- Commodity
- gold
- Region
- mexico
- Reported Region
- Hidalgo State, Mexico
- Ticker
- PSL
Geometry
- Grade
- 0.39
- Grade Unit
- ppm
- Intercept
- 12.2 m
- From
- 660 m
- To
- 671.2 m
Classification
- Sample Type
- drill
- Group ID
- PSE-18-02:660.0-671.2
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2018-03-14T00:00:00.000Z
Reasoning: Wide intercept with moderate gold grade.
Positive factors
- significant width
Evidence · table
“0.39”
Context: 12.2
PSE-18-02Pachuca SE · silverGrade: 33Grade Unit: ppmIntercept: 12.2 mView all detailsHide details
Identity
- Hole ID
- PSE-18-02
- Project
- Pachuca SE
- Commodity
- silver
- Region
- mexico
- Reported Region
- Hidalgo State, Mexico
- Ticker
- PSL
Geometry
- Grade
- 33
- Grade Unit
- ppm
- Intercept
- 12.2 m
- From
- 660 m
- To
- 671.2 m
Classification
- Sample Type
- drill
- Group ID
- PSE-18-02:660.0-671.2
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2018-03-14T00:00:00.000Z
Reasoning: Wide intercept with low silver grade.
Evidence · table
“33”
Context: 12.2
PSE-18-02Pachuca SE · goldGrade: 6.4Grade Unit: ppmIntercept: 0.75 mView all detailsHide details
Identity
- Hole ID
- PSE-18-02
- Project
- Pachuca SE
- Commodity
- gold
- Region
- mexico
- Reported Region
- Hidalgo State, Mexico
- Ticker
- PSL
Geometry
- Grade
- 6.4
- Grade Unit
- ppm
- Intercept
- 0.75 m
- From
- 695.2 m
- To
- 695.95 m
Classification
- Sample Type
- drill
- Group ID
- PSE-18-02:695.2-695.95
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2018-03-14T00:00:00.000Z
Reasoning: High grade gold intercept in an exploration hole.
Positive factors
- high grade gold
Evidence · table
“6.40”
Context: 0.75
PSE-18-02Pachuca SE · silverGrade: 72Grade Unit: ppmIntercept: 0.75 mView all detailsHide details
Identity
- Hole ID
- PSE-18-02
- Project
- Pachuca SE
- Commodity
- silver
- Region
- mexico
- Reported Region
- Hidalgo State, Mexico
- Ticker
- PSL
Geometry
- Grade
- 72
- Grade Unit
- ppm
- Intercept
- 0.75 m
- From
- 695.2 m
- To
- 695.95 m
Classification
- Sample Type
- drill
- Group ID
- PSE-18-02:695.2-695.95
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2018-03-14T00:00:00.000Z
Reasoning: Moderate silver grade intercept.
Evidence · table
“72”
Context: 0.75
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.